Temporary Head of Group Pricing (Secondment)

Job title:

Temporary Head of Group Pricing (Secondment)

Company

Just

Job description

At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.Who are Just?We’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly. With the defined benefit buy in / buy out space growing each year, Just continues to annually grow its business by over £2bn of assets.We are a purpose driven company with compelling and credible goals. Quite simply, we help people achieve a better later life. We achieve this by providing competitive and innovative products, services, financial advice and guidance to help our customers achieve security, certainty and provide them with peace of mind in retirement.That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement.PurposeTo develop and maintain the Group’s technical pricing framework and ensure it is applied consistently.Job Role Accountabilities

• Ensure product pricing is robust and supports the achievement of the Group’s financial objectives, through development and review of the Group Pricing Framework and its supporting documents.
• Ensure appropriate oversight and timely management information to monitor compliance with the framework.
• Develop and maintain any Group Pricing owned tools, data and processes in compliance with group Model Risk, EUC and other Just Group standards.
• Act as the subject matter expert and central point of contact for the group pricing framework and its related documents.
• Lead the Group Pricing team, developing the skills and capabilities of team members and encouraging effective collaboration.
• Support the Group Chief Actuary with regard to the Solvency 2 opinion on the adequacy of pricing
• Contribute to other Group Chief Actuary work as allocated
• Maintain own competence and personal development.
• Research Tasks
• Maintain awareness of legislative changes and product developments by undertaking CPD

Corporate Responsibilities

• Act within the Regulatory Conduct Rules which apply to all our employees and workers: act with integrity, due skill, care and diligence at all times. Protect the interests of our customers, treat them fairly and observe proper standards of market conduct. See Just’s Conduct Risk Policy on HQ for details of specific working practices.
• Maintain up to date knowledge on our market, working practices and policies: complete e learning training on a regular basis including mandatory modules in financial crime prevention, information security, regulatory environment, complaints handling and whistleblowing.
• Develop competence: to focus on continuous improvement of your personal competence and professional development and support your colleagues and their continuous improvement where possible.
• Risk: understand and work within the company’s risk framework, reporting risk events and breaches in line with Just’s Procedures.
• Culture and behaviours: behaves in a way that supports Just’s focus on employee engagement, high performance and strengthens our culture of diversity, equity and inclusion. Supports and acts in line with the Just Group Behavioural Principles.

QualificationsQualified FIA, FFA or equivalentSkills and Knowledge

• Strong understanding of risk management and of financial reporting and capital requirements under IFRS and Solvency II
• Strong understanding of the products and services provided by the Group, their risks and their capital requirements
• Good knowledge of the industry and markets the Group operates in (pensions, annuities and equity release)
• Good understanding of the operating systems and processes within the Group
• Ability and drive to maintain competence and up to date knowledge
• Ability to communicate effectively with senior management
• Ability to lead and influence others
• Strong analytical and modelling skills
• Excellent IT skills, particularly in Excel / VBA, with Python, Mo.net and Access / SQL experience advantageous Experience
• Experience in the UK life industry
• Pricing and product development experience of annuities, term assurance and/or lifetime mortgages
• Experience in managing or mentoring junior team members

Why Just?We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050 and our scope 1 and 2 emissions to Net Zero by 2025. We’ve made good progress so far and encourage our people to make small and meaningful changes in their everyday lives, so that we can protect our planet for future generations.Diversity, Equity and inclusion (DE&I) is a key priority for Just as part of our overall strategy and ensuring all of our people feel proud to work at Just. We have joined a number of initiatives including the Race at Work Charter, designed to improve outcomes for employees from underrepresented backgrounds. We also run a Reciprocal Mentoring scheme for employees from a BAME background, those with a disability and those who identify as LGBTQ+. There are multiple employee network groups, which champion issues including race, gender, social mobility and neurodiversity.What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly – each other.About UsWe’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly.How people work, save, and plan for the future is all changing. A new generation of retirees needs a new kind of retirement company. A company who will look for new ways of doing things – and will always put the customer first.That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement. And with you on our team, we’re going to make sure they get it.We’ve built our sustainability strategy around the United Nations Sustainable Development Goals (SDG) and have selected goals where we believe we can make the most difference. By aligning our activity with these global goals, we can make sure we play our part in addressing the wider issues facing the planet and leave a positive legacy to the world. You can read more about our sustainability strategy .Diversity, equity and inclusion are priorities for us. Having a diverse, talented workforce with colleagues of different backgrounds, world views and experiences is the right thing to do. It’s also the most effective way to succeed, innovate and better serve our customers now and in the future. We are committed to our targets on gender and ethnicity and run a number of successful mentoring and sponsorship programmes for our colleagues from diverse backgrounds. We have multiple active employee network groups which champion issues including gender, ethnicity, sexual orientation, disability and neurodiversity. You can read more about our DE&I strategy and commitments .What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly – each other. We look forward to welcoming you to the team soon.

Expected salary

Location

London

Job date

Fri, 18 Oct 2024 02:44:10 GMT

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