London, England, United Kingdom
7 days ago
Head of Pricing

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 businessWork 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 competitionWork with the CTO to ensure BAC UK has current market and competitive data at all times to facilitate agile decision makingSupport 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 timeWork with the CTO to develop the pricing platform to achieve efficiency gainsEnsure high standards of quality and accuracy across all bidsDeliver all material bids to second line for review in advance of the submission of the bidSupport annual third line reviews of the pricing methodology and approachReport to the Board on market competitiveness of the businessSupport the development of bespoke solutions for schemes where this is required to facilitate a transaction, leveraging the skills within BNREProject sponsor for initiatives to develop BAC UK’s Pricing capabilities, and drive these projects forward to executionContribute to the overall management of the business as a member of the Senior Management Team

Required Skills and ExperienceQualified Actuary10+ years of direct financial services-related experience requiredExtensive experience working with EBCs in the UKExperience of PRA and FCA regulationsInsurance sector experience and knowledge of bulk annuitiesExcellent critical thinking and analytical skills, with the ability to collect, organize, analyze and disseminate information with attention to detail and accuracyAbility to multi-task, prioritize deliverables, and work well under pressure and deadlinesPossesses high professional standards and exemplifies exceptional integrity and credibility with strong relationship management skillsAbility to manage and balance competing interests of multiple stakeholders and positively manage conflictWorks well in a team-based environmentStrong 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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