- 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.
- 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.
- 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 colleagues
- 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.
- 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.
- 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
- Fellow of Institute of Actuaries (or equivalent).
-
Senior Pricing Actuary
Found in: SonicJobs Direct Apply UK - 1 day ago
cer Financial Ltd London, United Kingdom Full timeSenior Pricing Actuary (Insurance - commercial lines)Well Established international Insurance CompanyPermanent City of Londonup to £120,000The suitable candidate MUST have experience within commercial insurance lines and have dedicated experience as a Pricing actuary. We also do ...
-
Senior Actuary
Found in: Jobleads UK C2 - 3 hours ago
The Emerald Group London, United KingdomThe Chief Actuary heads up a specialist second line actuarial team within the broader Risk department. This is a small, highly skilled team which has interaction across the business including Pricing, Finance and Risk. · Location: London · Category: Life Actuarial · Type: Perm ...
-
Senior Actuary
Found in: Jobleads UK C2 - 3 hours ago
The Emerald Group London, United KingdomLooking for a Senior Risk Actuary to join a well-established and successful Actuarial Risk team based in London. In this role you will be responsible for using your technical expertise to deliver a variety of risk management initiatives, deep dives, and validation. · Location: L ...
-
Actuarial Senior
Found in: Appcast UK C C2 - 1 day ago
Hawksworth Greater London, United KingdomSenior & Principal Pricing Analyst (Actuarial) · Household name insurer / £65k-75k per annum + excellent bonus · Client: Global Insurer · Location: Leeds / Birmingham / Croydon / Bournemouth · Hybrid: 2 days in the office per month · Ready for your next career move into a Princ ...
-
Senior Actuary
Found in: Jobleads UK C2 - 3 hours ago
The Emerald Group London, United KingdomReporting to the Head of Capital Development you will contribute to the delivery of the capital strategy. · Location: London · Category: Life Actuarial · Type: Permanent · Key duties (including, but not limited to): · Own specific capital management initiatives or tasks, ...
-
Actuarial Senior
Found in: Ziprecruiter UK C2 - 23 hours ago
Hawksworth Greater London, United KingdomJob Description · Senior & Principal Pricing Analyst (Actuarial) · Household name insurer / £65k-75k per annum + excellent bonus · Client: Global Insurer · Location: Leeds / Birmingham / Croydon / Bournemouth · Hybrid: 2 days in the office per month · Ready for your next career ...
-
Senior Actuary
Found in: Ziprecruiter UK C2 - 1 day ago
Eames Consulting London, United KingdomJob Description · New mixed opportunity in the London Market. Focusing on reserving, but with exposure to Pricing and Capital Modelling. · We can look at different levels of experience for this role - Senior Actuary level (paying up to £110,000 -£115,000) on the base, or a Senior ...
-
Actuarial Senior
Found in: Jooble UK O C2 - 14 hours ago
Hawksworth United KingdomSenior & Principal Pricing Analyst (Actuarial) · Household name insurer / £65k-75k per annum + excellent bonus · Client: Global Insurer · Location: Leeds / Birmingham / Croydon / Bournemouth · Hybrid: 2 days in the office per month · Ready for your next career move into a Pr ...
-
Senior Actuary
Found in: Whatjobs GB C2 - 3 days ago
Canada Life Group Ltd United KingdomCanada 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 pare ...
-
Senior Actuary
Found in: Talent UK C2 - 14 hours ago
CLFIS Limited London, United Kingdom: · 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 ...
-
Senior Actuary
Found in: Jooble UK O L C2 - 5 days ago
Canada Life Group Ltd United KingdomCanada 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 ...
-
Senior Actuary
Found in: Jooble UK O C2 - 3 hours ago
Bolton Associates London, United KingdomLeading global insurance group, with an excellent reputation in the Run-Off space, are now seeking a seasoned P&C Actuary to assess actuarial aspects of global transaction targets for the M&A Transaction team and broader business. · Advising on deal pricing methodologies and ris ...
-
Senior Actuarial Analyst/DB Actuary
Found in: Jooble UK C2 - 4 days ago
HFG Insurance Recruitment London, United KingdomWe have partnered with a leading consultancy to find them a senior actuarial consultant to work within their capital team. The opportunity to work with the latest cutting edge software's ...
-
Senior Actuarial Analyst/DB Actuary
Found in: Jooble UK O C2 - 2 days ago
Actuariesonline London, United KingdomSince our establishment in 2002, HFG has become a go to name for recruitment in the Insurance industry, recognising and embracing the unique aspects of each segment; Life Insurance, General Insurance, Re-insurance, Broking and the Lloyd's market.Our success has come from the hiri ...
-
Senior Casualty Actuary
Found in: Jobleads UK C2 - 3 hours ago
Lockton Companies London, United KingdomAt Lockton, we're passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We're active listeners working to ensure understanding and problem solvers developing ...
-
Senior Consultant Actuary
Found in: Jooble UK O C2 - 9 hours ago
The Actuary London, United KingdomLeading consultancy has a significant opportunity for a qualified actuary to join its pensions team where you will contribute toa broad range of actuarial and defined benefits pension consultancy services to pension scheme trustees, scheme sponsors and other third parties. · In ...
-
Senior Actuarial Analyst
Found in: Jooble UK O C2 - 2 days ago
BWD Search London, United KingdomHOT JOB: Senior Corporate Pensions Actuary: £120k to £185k, plus generous bonus (London/Hybrid) · Exciting opportunity for an experienced and energetic, qualified pensions actuary to help grow the corporate client base of this well-established but growing player within the pensio ...
-
Senior Actuarial Analyst
Found in: Jooble UK O C2 - 5 days ago
The Actuary United KingdomLeading pensions consultancy seeking a senior pensions actuary to join them in a dedicated corporate consulting role, working with an extensive and enviable client base | Any UK location · Oliver James are pleased to be working with a leading pensions consultancy seeking a senio ...
-
Senior Capital Actuary
Found in: Jobleads UK C2 - 3 hours ago
The Emerald Group London, United KingdomSupport the Head of Capital Modelling, Chief Actuary, wider Actuarial team, Risk team and Senior Management through capital modelling. · Location: London · Category: Non-Life · Type: Permanent · Key duties (including, but not limited to): · Developing and enhance capital ...
-
Senior Actuarial Analyst
Found in: Jooble UK C2 - 2 days ago
Saga Group Limited London, United KingdomYour immediate priorities include continuing to build commerciality within the reserving team, whilst following prudent principles when assessing reserves, developing and enhancing the reserving process for efficiency and improved reporting (including building out a process for o ...
Senior Actuary - London, United Kingdom - Canada Life Limited
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
Technical Expertise
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.Diversity and inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us.
We are proud of the progress we're making in DEI, and we continue for it to be a significant focus.
"At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all." Nick Harding, Chief People Officer, Canada Life UK
We appreciate that everyone has different work and life responsibilities.
We're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.