Internal Model Actuary - West Midlands

Internal Model Actuary - West Midlands
  • £50,000 - £80,000 per Annum
  • Permanent
  • West Midlands, England, UK TF3 4NB West Midlands GBR TF3 4NB
Job Ref: 50208072
Sector: Business Change, Strategy & Analysis
Date Added: 28 April 2020

Internal Model Actuary West Midlands

Our high profile client is a household name in financial services with a client portfolio valued over 40 million GBP. We are looking for an Internal Model Actuary on a permanent basis with experience in designing and maintaining internal modelling as a supportive component of their exciting internal model change programme.

The role:

To carry out this role you will have experience in assisting in the development and maintenance of internal model methodologies, being adept in internal modelling, experienced in the leading and supporting aspects of internal model change programmes. The team you will be joining are a focused, collaborative unit supporting each other to always deliver optimum high quality analysis, whether it is risk, capital, or concentration limits.

Our client has highlighted they will consider someone without internal modelling experience and consider strong candidates from a risk, capital modelling / optimisation, life assurance or pensions background.

You will play a key role in the ongoing development of our client's internal modelling framework which is pivotal to the growth of their business. Continually improve the methodology by performing re-calibrations, appropriateness reviews, and assessments as a key member of the model change programme.

About you:

Ideally you will come from an Internal Modelling background but our client will consider strong risk or capital modelling candidates.

You will need to have:

  • Solid mathematical aptitude in probability and statistics.
  • Ability to be flexible and make effective decisions under pressure.
  • Be able to liaise with and communicate effectively with a wide variety of stakeholders.
  • Ability to think analytically and should be a problem solver.
  • Ability to explain complex concepts in well structured, plain English.

You will need to have knowledge in:

  • Financial markets, insurance and operational risk modelling and management.
  • Financial market products and insurance products.
  • Solvency II.
  • PRA and FCA regulations.
  • Internal Model design, governance and validation.
  • Regulatory Reporting requirements.
  • Good understanding of corporate governance practices

Our client offers an excellent salary, general annual bonus with a range of impressive benefits.

Should this seem of interest we can provide our clients full requirements upon request. Alternatively Please send your CV or for an informal conversation please call 0203 909 5167.

We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender reassignment, marriage and civil partnerships, pregnancy or maternity or age

28/05/2020 14:51:47
GBP 50000 50000
Contact Consultant:
Steve Metcalfe

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