○ Lead the setting of central pricing bases and agree product terms across Unum’s Group Income Protection, Group Life, Group Dependants and Group Critical Illness products.
○ Own and deliver pricing reviews, annual experience investigations, and recommendations for changes to pricing assumptions, ensuring appropriate peer and risk reviews are completed.
○ Monitor emerging risk trends, new money rates, expenses and cost of capital, recommending pricing adjustments where needed to keep our approach commercially robust and within risk appetite.
○ Play a key role in pricing governance, preparing clear reports and presenting recommendations to senior forums including the Pricing Governance Group, Strategic Revenue Price Group and other committees.
○ Work closely with key partners across Financial Underwriting, Distribution, Marketing and DT&T, helping to translate pricing insight into practical commercial decisions.
○ Consider the impact of pricing recommendations on vulnerable customers, fair value, Conduct Risk, Consumer Duty and wider Solvency II governance requirements.
○ Maintain strong controls across pricing processes, while proactively identifying opportunities to improve ways of working within the team.
○ Support pricing and risk selection strategic initiatives, helping shape the future direction of pricing capability across the business.
○ Provide line management, technical guidance and coaching to actuarial students and newly qualified actuaries, supporting their development and contribution to the team.