Actuary – Risk Management
by Jennifer Johnston
• Ensure consistency of risk appetites and statements
• Development of suitable risk appetites, tolerances and metrics
• Provision of support to the economic capital management team
• Measurement of risk exposures
• Aggregation of local risk statements into overall aggregate risk exposures
• Stress and scenario testing
• Measurement of specific non- standard risks for entities
• Supporting and enhancing enterprise risk management capabilities, through both analysis and the implementation Economic Capital, improved risk frameworks and MI
• Analysing risk publications and regulatory documentation (e.g. Solvency II)
• Provision of support to the business/functional units in their management of risk
• Analysis of the wider risk environment – e.g. macro-economic risk, emerging risks etc.
Skills:
•A qualified actuary wishing to switch into new non traditional area






