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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.
We have an exciting opportunity for an individual who is looking to take on a management role within our growing team.
Lead and develop the Pricing Team, fostering a high-performance culture through mentoring, coaching and continuous feedback
Oversee the delivery of pricing quotes and the evolution of processes and assumptions, ensuring consistency and rigour across transactions
Define and implement the team’s pricing strategy, ensuring alignment with broader business objectives and market positioning
Oversee, review and provide challenge on the detailed assessments of potential opportunities considering factors such as deal attractiveness, counterparty creditworthiness, market conditions and regulatory requirements
Collaborate with the wider Capital Solutions / PL Re team to support in deal structuring to meet clients' needs, ensuring alignment with PL Re risk appetite
Support Client Solutions and Legal teams to see transactions through to execution; informing commercial strategy throughout the process and ultimately contributing to and reviewing treaty wording before signing
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Support the Client Solutions team by attending client meetings, gathering market intel and identifying potential opportunities for PL Re
Monitor market trends, regulatory developments and competitive landscape
Contribute to the development and refinement of strategy for the business line
Contribute to the development of best practices, pricing guidelines and risk appetite and governance frameworks for the Capital Solutions business
Assist in building and maintaining pricing models and tools to enhance efficiency and accuracy
Supporting in the setting of the capital basis for different risk types, markets and transactions
Bermuda-based global life reinsurer serving insurers with protection, retirement, longevity, and capital solutions.
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Senior · 5+ years experience
Onsite
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