Principal Lead - Actuaries & Risk Modelling - Asset Management Firm

Excellent Opportunity - Principal Lead-qualified actuaries with Risk Modelling

Principle lead :

Total Experience: 12 + Years

Principal Lead-

Must qualified Actuaries with Risk Modelling -

Position: Principle Lead

This role requires a Qualified Actuary, or someone with quantitative practical work experience at this level. The role will initially involve supporting the development of credit risk modelling for non-standard credit assets and, in addition, involve supporting the wider development work and business-as-usual responsibilities undertaken by the Risk Modelling team and wider FROISS Actuarial M&A and Support area. The role would also have Global reporting line in Head of Risk Modelling.

Additional Responsibilities :

from the following background

1. Calibration Actuary

2. Credit Modelling

3. CERA - Qualified actuary

Primary Key Responsibilities (Top 3-5 KRA)

The role holder will report to the Head of Risk Modelling. The wider Risk Modelling team is responsible for:

- The annual calibration of market and operational risks, as well as the dependency structure between risks, which includes collecting data, refreshing analyses, understanding changes, rationalising judgements and presentation to senior stakeholders.

- Undertake ongoing development to the methodology and tools which underpin the calibration. This involves research and implementation of enhancements, with associated testing and communication. The implementation of new risk models requires interaction with Finance Reporting and the IT developers who own the underlying engine, as well as the users who run the tools.

- The production of monthly and ad-hoc market data packs, with responsibility for delivering accurate and timely reports to end users

Knowledge & Skills (Must Have) :

- Qualified Actuary, with 3-5 years of post-qualification experience or quantitative specialist with 12-14 years of experience in similar area.

- Strong technical ability in order to provide oversight of work.

- Knowledge of life insurance products and actuarial modelling techniques.

- Understanding of financial markets and modelling methods applied to them.

- Excellent understanding of statistics and statistical methods.

- Experience in programming languages such as MATLAB and VBA.

- Proven experience in risk model development and calibration.

- The ability to implement novel technical solutions that are pragmatic so they fit within business needs and produce analysis to support solutions.

- Experience in managing a team, providing oversight and guidance.

- A track record of successful delivery in pressured environments with the ability to cope with competing demands.

Educational Qualification:

Qualified Actuary

Additional Responsibilities :

The annual refresh of Group-wide Operating Standards for the production of Solvency II regulatory capital, including ensuring these keep up to date with change in the regulatory environment

- For people managers, accountable for managing and motivating others to ensure quality of delivery to customers and stakeholders.

- For technical specialists, accountable for delivering expert advice or service, using specialist knowledge and subject matter expertise.

- Applies judgement to deliver outcomes, evaluating a range of potential solutions, considering the impact for customers, cost and risk.

- Manages conflicts that may impact delivery.

- Challenges upwards given knowledge of delivery and awareness of complex systems and the broader picture.

- Identifies and anticipates need for changes to continuously improve quality and efficiency of output.

- Manages resources and risks using expert judgment, know-how and experience.

Key Responsibilities for this role:

- To work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes and a reduction in M&G's operational risk.

- To lead the production and delivery of the tasks for which the role holder is responsible.

- Have responsibility for ensuring that team processes run smoothly, co-ordinating input from others.

- To ensure appropriate governance

If interested reply with following details,

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