Job Title
Actuary, R&D (12-month Fixed term contract)
About the Role
This role is particularly suited to candidates with strong statistical backgrounds looking to apply advanced modelling techniques within an actuarial context.
This is a London-based, 12-month fixed-term contract role within Research & Development (R&D), supporting a Toronto-based team during a period of planned leave.
This role will focus on supporting the design, production, and maintenance of a Global Capital Assumptions Framework for quantifying insurance risk for Economic Capital across Pacific Life Re. The framework will ultimately cover all lines of business, i.e. Mortality, Morbidity, Longevity and Capital Solutions.
The framework will include appropriate centralization, cutting edge design and methodologies, support for market entry and a target operating model that ensures efficiency of maintenance and growth.
The ideal candidate will bring creativity and innovation skills, along with the confidence and resilience to tackle complex problems. A core component of the role will involve statistical research, model development and simulation-based approaches to risk calibration. We expect the candidate to bring a strong statistical modelling background, coupled with actuarial training, and will be comfortable working with large datasets, developing and validating models, and translating research outputs into practical capital assumptions used across the business.
The role offers exposure to a range of global markets and a variety of experts and senior stakeholders across functions, as well as to a range of data sources and methodologies.
Desirable Qualifications & Experience
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits (Only for Permanent and Fixed Term Employees)
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 9x basic annual salary and Group Income Protection up to 75% of basic annual salary
Optical benefits
Savings & Retirement
15% combined employee/employer contributions
Wellness
Subsidized gym membership
Access to Employee Assistance Program
Cycle to Work and Electric Car Salary Sacrifice Scheme
Time off for volunteering
Charitable matching of employee donations
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Values
At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team, comprising some of the best minds in the industry, is not afraid to disrupt and challenge industry thinking to provide the best life, critical illness, income protection, hospital cash and savings & retirement products and services possible.
Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. We pursue personalised, bespoke solutions for every one of our clients and our commitment to cutting-edge technology reflects our ambition to offer the most sophisticated answers to the most challenging reinsurance questions. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia and a new global HQ in Bermuda.
With over 700 employees across the globe, we take pride in our inclusive culture, underpinned by our principles and behaviours, providing an environment where everyone can grow and develop. We are equally proud of the security and freedom we possess from having the backing of our parent company Pacific Life. With a heritage of more than 150 years, Pacific Life provides strength and resilience to our business which enables us to bring our fresh and dynamic approach to the marketplace.
To find out about our latest vacancies, please visit the careers section on our website: www.pacificlifere.com
