Pricing Analyst Job Title: Pricing Analyst (part/nearly qualified) Location: Head Office in Buckinghamshire Reporting to: Head of Pricing Responsibilities: Key member of the Bulk Purchase Annuity (BPA) Pricing team undertaking a variety of different tasks including: Checking the preparation and analysis of Defined Benefit (DB) pension scheme data for pricing, including methods and assumptions for addressing data gaps. Checking the modelling of DB pension scheme cashflows using valuation systems. Supporting and mentoring junior members of the team. Experience investigations for factors affecting pricing assumptions. Carrying out BPA pricing, including Solvency II, UK GAAP and IFRS17 reporting. Provide appropriate support to managers and others to implement recommendations/facilitate change in the pricing models Ad hoc tasks as required. Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards. Core Competencies: Knowledge of UK Defined Benefit (DB) Pensions Understanding of actuarial concepts related to annuity pricing and valuations. Good communication skills. Experience and Qualifications: Mandatory: 3 or 4 years of experience of working in DB pensions at an Employee Benefit Consultancy (EBC) or in the BPA team at an insurer / reinsurer Part/Nearly qualified Actuary; either continuing exams or stopped Experience of DB pension modelling Desirable: Experienced in insurance BPA cashflow modelling and pricing or experience of pension scheme buy-outs in a risk transfer team at an EBC