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Protection Reinsurance and Pricing Manager at Lloyds Banking Group | JobVerse
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Protection Reinsurance and Pricing Manager
Lloyds Banking Group
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Protection Reinsurance and Pricing Manager
United Kingdom
Full Time
8 hours ago
$89,739 - $109,600 GBP
No H1B
Apply Now
Key skills
Collaboration
About this role
Role Overview
Shape and deliver the reinsurance strategy for life and protection propositions
Partner with product and pricing teams to embed reinsurance considerations into proposition design and development
Identify opportunities to innovate through reinsurance structures that enhance customer value and business performance
Act as the key liaison with reinsurers, building strong partnerships to secure competitive terms and foster collaboration
Drive negotiations on treaty renewals, pricing, and terms to ensure sustainable arrangements
Apply actuarial insight to assess risk, pricing, and financial impact of reinsurance structures
Analyse performance of reinsurance arrangements and provide actionable recommendations to senior customers
Ensure all reinsurance arrangements align with regulatory requirements and internal risk frameworks
Maintain robust documentation and reporting for governance and audit purposes
Requirements
Proven experience in reinsurance relationship (or similar) management within life insurance or protection markets
Strong actuarial background with expertise in risk modelling and financial analysis
Ability to influence proposition design and collaborate across pricing, product, and commercial teams
Knowledge of protection pricing and product development (desirable)
Familiarity with UK regulatory environment and Solvency II requirements (desirable)
Strong analytical and problem-solving skills with attention to detail
Qualified actuary (FIA or equivalent) preferred
Benefits
Flexible Working Options: Flexibility in when hours are worked
Hybrid Working
Job Share
Reduced Hours
Apply Now
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