At a Glance
- Tasks: Lead the development of liquidity risk management and implement risk appetites.
- Company: Join a dynamic company focused on growth and long-term success in the financial sector.
- Benefits: Enjoy a permanent position with opportunities for professional development and competitive perks.
- Why this job: Be part of a crucial team shaping the company's future and enhancing your expertise in risk management.
- Qualifications: Must have a relevant professional qualification and 10 years of experience in the life insurance or reinsurance industry.
- Other info: Familiarity with capital bases and financial reporting standards is a plus.
The predicted salary is between 72000 - 108000 £ per year.
The AVP, Liquidity Risk will play a key part in the Company's growth and long-term success by supporting the development of the enterprise liquidity risk management capabilities.
Location: London
Category: Risk
Type: Permanent
Key Duties (Including but not limited to):
- Development of the liquidity risk framework including embedding Bermuda entities and refinement of scenarios
- Design and implement risk appetites for liquidity levers
- Input into the annual Commercial Insurer’s Solvency Self-Assessment (“CISSA”) process incorporating analysis of liquidity stress testing
- Support the production of certain liquidity stress tests and regular monitoring against limits
Qualifications:
- A relevant professional qualification with at least 10 years’ business experience
- Life insurance or reinsurance industry experience
- Desirable: Familiarity with capital bases and financial reporting standards
- Desirable: Understanding of risk management frameworks
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AVP, Liquidity Risk – 28696
✨Tip Number 1
Network with professionals in the liquidity risk and insurance sectors. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in risk management.
✨Tip Number 2
Stay updated on regulatory changes and best practices in liquidity risk management. This knowledge will not only enhance your expertise but also demonstrate your commitment to the field during discussions.
✨Tip Number 3
Prepare to discuss specific scenarios where you've successfully developed or implemented liquidity risk frameworks. Real-life examples can showcase your experience and problem-solving skills effectively.
✨Tip Number 4
Familiarise yourself with the company's current liquidity risk strategies and challenges. Tailoring your insights and suggestions to their specific context can set you apart as a candidate who is genuinely interested in contributing to their success.
We think you need these skills to ace AVP, Liquidity Risk – 28696
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the AVP, Liquidity Risk position. Make sure you understand the key duties and required qualifications, as this will help you tailor your application.
Highlight Relevant Experience: In your CV and cover letter, emphasise your experience in liquidity risk management, particularly within the life insurance or reinsurance sectors. Use specific examples to demonstrate your expertise and how it aligns with the company's needs.
Showcase Qualifications: Mention any relevant professional qualifications you hold that relate to risk management and liquidity. This is crucial for demonstrating your suitability for the role and should be clearly outlined in your application.
Craft a Compelling Cover Letter: Write a cover letter that not only summarises your qualifications but also expresses your enthusiasm for the role and the company. Make sure to connect your skills with the company's goals and how you can contribute to their growth.
How to prepare for a job interview at The Emerald Group
✨Know Your Liquidity Risk Framework
Make sure you have a solid understanding of liquidity risk management frameworks. Be prepared to discuss how you've developed or refined such frameworks in your previous roles, especially in relation to Bermuda entities.
✨Demonstrate Industry Knowledge
Showcase your experience in the life insurance or reinsurance industry. Be ready to provide examples of how your background has equipped you to handle liquidity risk and capital bases effectively.
✨Prepare for Technical Questions
Expect technical questions related to liquidity stress testing and risk appetites. Brush up on your knowledge of financial reporting standards and be ready to explain how these relate to liquidity management.
✨Highlight Your Analytical Skills
Since the role involves analysis for the CISSA process, emphasise your analytical skills. Prepare to discuss specific instances where your analysis led to improved risk management outcomes.