Jobs
>
London

    Market Risk Actuary - London, United Kingdom - Canada Life

    Canada Life
    Canada Life London, United Kingdom

    2 weeks ago

    Default job background
    Description

    Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.

    Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.

    Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.

    ?

    Job Purpose

    As market risk actuary at Canada Life you will be responsible for leading actuarial and statistical analysis related to market risk, calibrating market risk capital model, developing market risk management framework, advising ALM and hedging strategy. Ensuring that we are managing market risk to the business in line with Canada Life's risk appetite, complying with our statutory responsibilities and meeting the needs of our policyholders and regulators.

    Key Accountabilities


    • Develop and maintain market risk capital model methodology and assumptions. Ensure the methodology complies with regulatory requirements and reflects the risk profile of the business. Ensure the methodology is up-to-date and reflects the emerging best industry practice by participating in industry survey and gaining insight into emerging best practice for market risk modelling.
    • Own the market risk capital reporting process by maintaining a well-controlled and efficient quarterly reporting process for market risk capital, establishing a robust analysis of change process to explain the movement in capital results.
    • Ability to communicate complex modelling decisions to senior executives in an appropriate manner to support governance sign-off of annual recalibration and model updates.
    • Being the main conduit between capital model and business to ensure the market risk is well managed and adequately allowed for in business decision making.
    • Support the development of market risk management framework on SII and IFRS17 bases.
    • Support ALM and hedging activities by providing capital related insight (such as market risk MI) for ALM and hedging decision making.
    • Provide guidance to the system development team and ensure the underlying model is based on signed-off methodology and assumptions.
    • Manage, coach, develop and motivate junior member of the team to support their development.

    Desired Knowledge / Experience / Skills

    Technical Expertise
    • Strong capital modelling experience in market or credit risk space within life insurance industry.
    • Experience with using Principle-Component-Analysis technique in modelling market risk.
    • Practical experience with ALM and hedging for annuities.Communication
    • Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.
    • Strong ability to adapt messages to the audience, without prompting or significant coaching, in a format that is easily understood by non-technical colleaguesRelationship Building
    • The ability to develop and maintain strong relationships across the actuarial function and the wider business, acting with integrity and role modelling the company values at all times.
    • Ability to flex their style and delivery, in the moment, depending on the individual and/or audience.Taking Initiative
    • Exceptional problem solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies and challenges to ensure work is produced to an accurate, commercial and informed standard.
    • Self-motivated, well-organised, pragmatic and able to perform tasks independently.Developing Self and Others
    • Strong skills and experience in managing and motivating a team from a diverse range of professional backgrounds and with varying levels of experience
    • Strong coaching ability in technical, and non-technical skills in order to support the development of others.
    • An interested and inquisitive individual who is committed to their own ongoing professional and personal development Qualifications
    • Fellow of Institute of Actuaries (or equivalent).

    Benefits of working at Canada Life

    We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.

    How we work at Canada Life

    Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.

    We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That's why we offer a range of training, flexible working and opportunities to grow and develop.

    We currently have 4,082 live graduate jobs and we're adding more all the time.

    #J-18808-Ljbffr
  • Eames Consulting

    Risk Actuary

    5 days ago

    Eames Consulting London, United Kingdom

    **Job Details**: · **Sector**: General Insurance- · **Location**: London- · **Job Ref**: on09_ · **Job Type**: Permanent- · **Salary**: £ £95000 per annum- · **Contact**: Onar Cranny- · **Start Date**: ASAPA leading commercial lines insurer is looking for a Risk Actuary to join ...

  • Star Actuarial Futures

    Gi Risk Actuary

    3 weeks ago

    Star Actuarial Futures Greater London, United Kingdom

    **Vacancy Details**: · - Vacancy: · - **GI Risk Actuary** · - Location: · **Greater London / hybrid with 1 day p/w office-based** · - Reference: · - **Star7917** · - Contract type: · - **Permanent** · - Sector: · - **Non-Life** · - Qualification: · - **Nearly/Newly Qualified** · ...

  • Legal & General Investment Management

    Longevity Risk Actuary

    1 week ago

    Legal & General Investment Management London, United Kingdom

    Reference · - VN-26276Role Type · - Fixed Term Contract (inc Secondee)Location · - LondonSalary · - Competitive + Car Allowance & BenefitsClosing Date · - 11 August 2023Your role at a glance · **Please Note this role is a 12 Month Fixed Term Contract position (Maternity Cover)** ...

  • Legal & General Investment Management

    Prudential Risk Actuary

    2 weeks ago

    Legal & General Investment Management London, United Kingdom

    Reference · - VN-25717Role Type · - PermanentLocation · - London or HoveSalary · - Competitive + Car Allowance, Bonus & BenefitsClosing Date · - 23 June 2023Your role at a glance · Would you relish an opportunity to help shape the development of our diverse and growing business b ...

  • Eames Consulting

    Reserving Risk Actuary

    1 week ago

    Eames Consulting London, United Kingdom

    **Job Details**: · **Sector**: General Insurance- · **Location**: London- · **Job Ref**: rf17_ · **Job Type**: Permanent- · **Salary**: £ £130000 per annum per year- · **Contact**: Rafaela Fakhre- · **Start Date**: asapA leading Lloyd's insurer is looking to hire a Reserving Ris ...

  • Oliver James Associates

    Risk Actuary Opportunities

    3 weeks ago

    Oliver James Associates London, United Kingdom

    We are currently working on a number of Risk opportunities within both the London and Retail markets, please call Ross Anderson on to discuss confidentially. ...

  • Avencia Consulting

    Insurance Risk Validation Actuary

    1 week ago

    Avencia Consulting London, United Kingdom

    **About us** · Avencia are recruiting an Insurance Risk Validation Actuary on behalf of a global re/insurer. · The Insurance Risk Validation Actuary operates as part of the second line of defence by providing independent validation and risk oversight. The Insurance Risk Validatio ...

  • Oliver James Associates

    De-risking Transactions Actuary

    3 weeks ago

    Oliver James Associates London, United Kingdom

    Market leading de-risking team seeking a De-risking Transactions Actuary to join their growing team of 30 | Based out of any of their UK offices with flexible working · Oliver James are pleased to be working with a market leading de-risking team within consultancy, seeking a De-r ...

  • Legal & General Investment Management

    Longevity Risk Management Actuary

    1 week ago

    Legal & General Investment Management London, United Kingdom

    Reference · - VN-26275Role Type · - Fixed Term Contract (inc Secondee)Location · - LondonSalary · - Competitive + 12% Car Allowance & BenefitsClosing Date · - 11 August 2023Your role at a glance · **Please Note this role is a 12 Month Fixed Term Contract position (Maternity Cover ...

  • BCT Resourcing

    Senior Insurance Risk Actuary

    3 weeks ago

    BCT Resourcing London, United Kingdom

    I am supporting a global client on a new Insurance Risk appointment. This strategic position offers unrivalled visibility to senior stakeholders and would be suited to an ambitious actuary with a broad, client-facing background, ideally with a Reserving or Pricing bias. · Reporti ...

  • Oliver James Associates

    Senior Insurance Risk Actuary

    3 weeks ago

    Oliver James Associates London, United Kingdom

    I am supporting a global client on a new Insurance Risk appointment. This strategic position offers unrivalled visibility to senior stakeholders and would be suited to an ambitious actuary with a broad, client-facing background, ideally with a Reserving or Pricing bias. · Reporti ...

  • eFinancialCareers

    Gi, Actuarial Risk Manager

    3 weeks ago

    eFinancialCareers London, United Kingdom

    GI, Actuarial Risk Manager up to £120,000. This role reports directly to the CRO and less than 25% of your time will be spent on validation work. · A large proportion of your time will be spent developing a set of key underwriting risk indicators to determine areas of higher risk ...

  • Lloyds of London

    Risk Actuary

    1 week ago

    Lloyds of London City of London, United Kingdom

    Lloyd's is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver world. · Our role is to inspire courage, so tomorrow's progress isn't limited by to ...

  • Marks Sattin recruitment

    Senior Actuarial Risk Analyst

    5 days ago

    Marks Sattin recruitment London, United Kingdom

    You will get the chance to work in a flat team structure and gain incredible exposures from working alongside C-Level executives. You will be paid a competitive salary with the entitlement to a defined benefit pension scheme and performance related bonuseswhile receiving a genero ...

  • eFinancialCareers

    Non-life Actuarial, Financial Risk

    1 week ago

    eFinancialCareers London, United Kingdom

    Non-Life Actuarial, Financial Risk Associate. £91,000 with a bonus up to 45%, Central London based. · **Requirements**: · - Actuarial exam progress · - Experience working in a Risk or Capital or Validation Team · In our company values we aim for equity at all stages of the recrui ...

  • eFinancialCareers

    Non-life Actuarial, Reserve Risk

    2 weeks ago

    eFinancialCareers London, United Kingdom

    Non-Life Actuarial, Reserve Risk, Central London based & up to £110,000 salary. · Excellent work-life balance is on offer, in this role you'll be working 9 - 5 pm year-round. · **Requirements**: · - FIA qualification · In our company values we aim for equity at all stages of the ...

  • SCOR

    Pricing Actuary, Single Risks Pricing

    3 weeks ago

    SCOR London, United Kingdom

    The job holder will be a key member of the SGP&C Specialty Insurance Single Risks Pricing team supporting business written by SCOR (including SCOR Syndicate) with particular focus on short-tail lines. · The work includes pricing of key individual accounts, working with Underwrite ...

  • eFinancialCareers

    Non-life, Actuarial Risk Manager

    3 weeks ago

    eFinancialCareers London, United Kingdom

    Non-Life, Actuarial Risk Manager, up to £110,000 & Central London based. · In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you. ...

  • Rothesay Group

    Risk Actuary

    2 weeks ago

    Rothesay Group London, United Kingdom

    Risk Actuary · 'Rothesay' is a UK insurance company purpose-built to protect pensions. We are the largest specialist pension insurer in the UK, managing over £47bn of assets and securing pensions for over 800,000 people. We secure pensions for over 170 pension schemes and insure ...

  • The Actuary

    Risk Actuary

    1 week ago

    The Actuary London, United Kingdom

    Are you a qualified (or part-qualified) GI actuary, looking to develop your career within a specialty London Market firm? · In this key role, you will assess gross and net reserves by class of business and take responsibility for reserving classes grouped into particular division ...