To provide technical actuarial pricing, product development and projection support to the Life Investment product area of the business.
In particular, to lead a team to ensure that the charges on these products are monitored and updated when required in order to optimise the balance between profitability and competitive position.

The jobholder is responsible for a team whose primary responsibilities are;

• Helping drive and shape the profitability and design for products to be distributed via various channels
• Maintaining and improving the processes surrounding the Life Investment portfolio.
  
  Much of this work involves communicating with, and explaining complex actuarial issues to, fellow colleagues from a less technical background.  Also, maintaining a good working relationship with senior managers and colleagues is of utmost importance.
  
  The jobholder must liaise with, and communicate actuarial ideas and results to, colleagues in other departments including Project Management and IT.
  The jobholder ideally needs to be a Fellow of the Institute or Faculty of Actuaries or possess a significant level of relevant experience with a sound understanding of the pricing requirements for Group and Individual Pension products.
  
  The jobholder will have excellent communication skills, both written and verbal, so that complex actuarial issues can be explained to actuarial and non-actuarial staff.