Job Title
AVP, Client Solutions, S&R, UK
Job Description
The Role
The successful candidate will combine technical ability and creativity with strong interpersonal and communication skills as they take on a leading role in the execution of ambitious objectives within the UK Pension Risk Transfer (PRT) market.
As AVP, Client Solutions for PL Re’s Savings & Retirement line of business in the UK you will lead and expand our client relationships across all UK counterparties, seek out innovative solutions to complex problems across longevity and asset-intensive reinsurance structures and play a crucial role in the design, development and execution of our longer term strategic objectives both in the UK and as part of the wider S&R team.
The strategic importance of the UK market will provide significant visibility with the S&R Executive Committee and with wider senior global stakeholders.
Key responsibilities
Client Management
- Building strong working relationships with both key day-to-day and senior management contacts across clients, consultants, brokers/EBCs and banks, and demonstrating visibility personally and on behalf of PL Re.
- Focus on a holistic approach to client management, establishing clear understanding of client needs and tailoring bespoke approaches accordingly.
- Maintain cultural alignment in approach to client management, acting as partners not suppliers, exercising pragmatism, being creative and solution driven in meeting client needs/objectives.
- Ensuring regular communication kept open with key contacts through regular catch-ups and multi-disciplinary meetings as necessary.
- Fulfil basic functions of client management, including effective preparation and follow-up, effective chairing of meetings, collaboration with team members to ensure consistency of approach across markets.
Quote Delivery & Structuring
- Ultimate accountability for quote delivery, supporting Manager, Client Solutions and Client Support Manager(s) in day-to-day quote management, setting quote strategy, proposal of commercial terms, internal stakeholder management and managing governance processes.
- Adopt and promote a solution mindset to commercial problems, co-ordinating the input from subject matter experts with in-depth knowledge of client needs to solve complex propositional challenges.
- Active involvement in Pricing sign-off process including input of wider market context and providing constructive challenge.
- Working alongside Client Solutions and Pricing representatives from wider S&R business to manage deal pipeline and resourcing decisions.
- Lead contractual structuring, treaty drafting and negotiation as the subject matter expert in deal specifics, client specifics and key commercial terms.
Strategy
- Key role in supporting the VP/MVP, Client Solutions in designing, developing and executing on strategy for asset-intensive and longevity only reinsurance in the UK Pension Risk Transfer market.
- Continually develop UK Client Networking strategy seeking to ensure key client stakeholders across all levels maintain strong connections with relevant individuals at PL Re.
- Support wider efforts within Line of Business to deliver on S&R workstreams as part of Pacific Life Enterprise strategic objectives over 2025-2030 timeframe (‘Strategy Next’)
Team Development/Management
- Coaching and mentoring responsibility for Manager, Client Solutions responsible for development and wellbeing through managing workload, exposure to stretching tasks and building day-to-day responsibilities.
- Lateral information sharing and upskilling across AVP peer group with breadth of markets, products, responsibilities and skillsets providing significant opportunities for growth individually and as a team.
- Proactively support quote team individuals across Insurance and Deal Pricing, giving exposure to wider deal strategy, how deals fit into the bigger picture both internally and externally, generously sharing market knowledge and providing constructive challenge.
Qualifications & Experience
The successful candidate will:
- Be a qualified actuary with relevant post qualified experience.
- Have strong and relevant technical experience in life (re)insurance, life consultancy and/or pension brokerage/EBC.
- have experience in, and a good understanding of, the UK life insurance and the pension risk transfer market, including asset-intensive and longevity reinsurance transactions.
- Be highly analytical, with strong interpersonal and organisational skills.
- Be Strong negotiator and influencer
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
Savings & Retirement
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
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