Job Overview
Capital Solutions is the newest line of business that Pacific Life Re offers to support clients through financial reinsurance, enhancing balance sheets via accessing trapped capital, reducing earnings volatility, or monetising off‑balance‑sheet value. The global Pricing team carries out risk assessment, sets pricing levels, contributes to deal structuring, engages with clients, and supports market strategy and execution.
Responsibilities
- Lead and develop the Pricing Team, fostering a high‑performance culture through mentoring, coaching, and continuous feedback.
- Oversee the delivery of pricing quotes and evolve processes and assumptions to ensure consistency and rigor across transactions.
- Define and implement the team’s pricing strategy, ensuring alignment with broader business objectives and market positioning.
- Oversee, review, and challenge detailed risk assessments of potential opportunities, considering deal attractiveness, counterparty creditworthiness, market conditions, and regulatory requirements.
- Collaborate with the wider Capital Solutions / PL Re team to support deal structuring, ensuring alignment with PL Re risk appetite.
- Support Client Solutions and Legal teams to see transactions through to execution, informing commercial strategy and reviewing treaty wording before signing.
- Attend client meetings, gather market intelligence, and identify potential opportunities for PL Re.
- Monitor market trends, regulatory developments, and competitive landscape; contribute to strategy development for the business line.
- Contribute to the development of best practices, pricing guidelines, risk appetite and governance frameworks for Capital Solutions.
- Assist in building and maintaining pricing models and tools to enhance efficiency and accuracy.
- Support the setting of the capital basis for different risk types, markets, and transactions.
Qualifications & Experience
- Strong technical and problem‑solving skills with the ability to work with a wide range of data sets and information.
- Experience within a FinRe / Structured Solutions team.
- Experience managing a team: building team culture, coaching, developing members, recruiting key positions.
- Qualified actuary with a minimum of 5 years post‑qualified experience.
- Excellent communication skills; ability to explain concepts to stakeholders and collaborate across the business.
- Ability to work independently in a flexible, dynamic team with occasional high‑pressure deadlines.
- Pricing experience in the European and / or Asian markets.
- Strong understanding of capital, financial accounting, balance sheets, and regulatory frameworks is desirable.
Benefits
- Leave: 25 days of annual leave (with option to buy/sell more days), adoption and fertility leave, generous enhanced parental leave.
- Healthcare: Comprehensive private insurance coverage for employee and dependents.
- Group Life Insurance: Coverage of 9× basic annual salary.
- Group Income Protection: Up to 75% of basic annual salary.
- Optical benefits.
- Savings & Retirement: 15% combined employee/employer contributions.
- Wellness: Subsidised gym membership, employee assistance program, cycle‑to‑work and electric car salary sacrifice scheme.
- Time off for volunteering; charitable matching of employee donations.
Diversity, Inclusion & EEO Statement
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners, and communities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
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