Head of Pricing

Brookfield Asset Management; London; On-site; GBP 80,000 - 120,000

Job description

Location

London - One Canada Square, Level 25

Business - Wealth Solutions

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance.

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

BAC UK is hiring a Head of Pricing to lead the company’s New Business function. This role will report to the CEO.

Responsibilities

Start-up

• Develop pricing tools, policies and processes to support the launch of the BAC UK business.
• Work with the Head of Origination to ensure that BAC UK has a competitive pricing basis and new business proposition that provides sufficient differentiation from the competition.
• Work with the CTO to ensure BAC UK has current market and competitive data at all times to facilitate agile decision making.
• Support the Head of Origination with the preparation of marketing and proposal materials to support BAC UK’s market entry.

Business as usual

• Manage the pricing pipeline to ensure all bids are delivered on time.
• Work with the CTO to develop the pricing platform to achieve efficiency gains.
• Ensure high standards of quality and accuracy across all bids.
• Deliver all material bids to second line for review in advance of the submission of the bid.
• Support annual third line reviews of the pricing methodology and approach.
• Report to the Board on market competitiveness of the business.
• Support the development of bespoke solutions for schemes where this is required to facilitate a transaction, leveraging the skills within BNRE.
• Project sponsor for initiatives to develop BAC UK’s Pricing capabilities, and drive these projects forward to execution.
• Contribute to the overall management of the business as a member of the Senior Management Team.

Required Skills and Experience

• Qualified Actuary.
• 10+ years of direct financial services-related experience required.
• Extensive experience working with EBCs in the UK.
• Experience of PRA and FCA regulations.
• Insurance sector experience and knowledge of bulk annuities.
• Excellent critical thinking and analytical skills, with the ability to collect, organize, analyze and disseminate information with attention to detail and accuracy.
• Ability to multi-task, prioritize deliverables, and work well under pressure and deadlines.
• Possesses high professional standards and exemplifies exceptional integrity and credibility with strong relationship management skills.
• Ability to manage and balance competing interests of multiple stakeholders and positively manage conflict.
• Works well in a team-based environment.
• Strong oral and written communication skills.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.