Job Ref: J4337

An exciting role for a qualified actuary to get involved with managing the main activities of the Financial Risk area, and 2nd line oversight of capital and investment proposals and the annual ICA process.

The Role

• Co-ordinate the development, implementation and monitoring of the financial risk policies (liquidity, credit, market and insurance).
• Co-ordinate the reporting of financial risk and provide aggregated MI on the key financial risks in the business at a level which enables the Board and senior management to understand the critical assumptions underlying the measurement bases used.
• Act as technical manager to the annual ICA project, co-ordinating and providing 2nd line oversight of the input of Actuarial (basis/methodology), Risk (operational risk capital), Finance (core computations) and the overseas operations and key member of the consolidation working group (chaired by Head of Financial Risk). Produce a first draft ICA report for consideration by the Head of Financial Risk.
• Provide technical input to the Solvency II project
• Act as the central point of contact for the framework for the assessment of financial risks for significant ad hoc projects or transactions (including Insurance and Investment expertise)

The person

• Qualified
• A background in an insurance-related financial discipline, ideally with some experience of risk management or key Investment experience
• Experience of financial valuation and risk quantification methods – particularly in context of life assurance
• Good business understanding and knowledge of the UK Life industry and awareness of risks within life and pensions products in other markets
• Comfortable operating in a matrix structure and with “upward management”

Call me to discuss further, Nick Benn 02031892904