Location
London - One Canada Square, Level 25
Business - Wealth Solutions
Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance.
Brookfield Culture
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
Job Description
BAC UK is hiring a Head of Pricing to lead the company’s New Business function. This role will report to the CEO.
Responsibilities
Start-up
* Develop pricing tools, policies and processes to support the launch of the BAC UK business.
* Work with the Head of Origination to ensure that BAC UK has a competitive pricing basis and new business proposition that provides sufficient differentiation from the competition.
* Work with the CTO to ensure BAC UK has current market and competitive data at all times to facilitate agile decision making.
* Support the Head of Origination with the preparation of marketing and proposal materials to support BAC UK’s market entry.
Business as usual
* Manage the pricing pipeline to ensure all bids are delivered on time.
* Work with the CTO to develop the pricing platform to achieve efficiency gains.
* Ensure high standards of quality and accuracy across all bids.
* Deliver all material bids to second line for review in advance of the submission of the bid.
* Support annual third line reviews of the pricing methodology and approach.
* Report to the Board on market competitiveness of the business.
* Support the development of bespoke solutions for schemes where this is required to facilitate a transaction, leveraging the skills within BNRE.
* Project sponsor for initiatives to develop BAC UK’s Pricing capabilities, and drive these projects forward to execution.
* Contribute to the overall management of the business as a member of the Senior Management Team.
Required Skills and Experience
* Qualified Actuary.
* 10+ years of direct financial services-related experience required.
* Extensive experience working with EBCs in the UK.
* Experience of PRA and FCA regulations.
* Insurance sector experience and knowledge of bulk annuities.
* Excellent critical thinking and analytical skills, with the ability to collect, organize, analyze and disseminate information with attention to detail and accuracy.
* Ability to multi-task, prioritize deliverables, and work well under pressure and deadlines.
* Possesses high professional standards and exemplifies exceptional integrity and credibility with strong relationship management skills.
* Ability to manage and balance competing interests of multiple stakeholders and positively manage conflict.
* Works well in a team-based environment.
* Strong oral and written communication skills.
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.
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