
Our client, Pacific Life Re, is looking for a Capital Solutions, VP, Pricing. Capital Solutions is the newest line of business that Pacific Life Re offer to support clients. We are providing financial reinsurance to clients to enhance their balance sheet, either through accessing trapped capital, reducing earnings volatility or monetising value that currently sits off balance sheet. The Pricing team operate globally and are responsible for carrying out the risk assessment of each deal, alongside proposing appropriate pricing levels to cover this risk. They will also contribute to the structuring of the deals, participate in client conversations and support in refining and implementing our market strategy. The transactions will typically be of a bespoke nature, covering a range of products and risks across the world. The Capital Solutions team sits alongside the Protection and Savings & Retirement teams to offer a full comprehensive product suite to clients. Duties include Team Leadership & Resourcing, Risk Assessment & Pricing & Transaction Execution, and Process & Assumption Development.
Strong technical and problem-solving skills with the ability to work with a wide range of data sets and information; Demonstrable experience leading complex pricing or structuring transactions; Experience managing a team; including but not limited to building a team culture, coaching and developing team members and recruiting for key positions; Qualified actuary with a minimum of 10 years post qualified experience; Excellent communication skills with the ability to effectively explain new concepts to stakeholders and collaborate with other teams around 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; A strong understanding of capital, financial accounting, balance sheets and regulatory frameworks is desirable.
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