At a Glance
- Tasks: Lead the development of economic capital models and drive their commercial application.
- Company: Join Antares, a collaborative and inclusive organisation that values every voice.
- Benefits: Enjoy competitive salary, health benefits, and opportunities for professional growth.
- Other info: Flexible support and excellent team culture with opportunities for mentorship.
- Why this job: Make a real impact in a dynamic environment while advancing your career.
- Qualifications: Qualified actuary with 7+ years in capital modelling and strong analytical skills.
The predicted salary is between 63000 - 77000 £ per year.
At Antares, our success starts with our people. We’re a collaborative and an inclusive organisation where every voice is valued, and every individual can grow and thrive. We combine deep expertise with a supportive culture to deliver outstanding results for our clients and a fulfilling experience for our colleagues. Whatever stage of your career you'll find a place to belong, contribute, develop and we’d love to hear from you.
Key Accountabilities:
- Entity Model Delivery: End-to-end ownership of the Economic capital models for the assigned entities. Manage parameterisation, calculation kernel updates, and production runs.
- Champion the commercial application of the economic model: Drive the understanding and application of return on capital metrics across underwriting and executive teams.
- Risk Delivery: Align economic model validation and risk investigations with wider frameworks, applying a proportionate lens to the depth of testing required.
- Methodology & Consistency: Lead Research & Development (R&D) initiatives for the economic model. Propose enhancements to capital modelling methodology and parameterisation process.
- Reporting & Business Insight: Production of internal capital reports and validation logs. Design and execute forward-looking Macroeconomic Stress Testing and Scenario Analysis.
- Process Optimisation: Identify opportunities to streamline the modelling process to maximise operational efficiency.
- Flexible Support: Actively contribute to the workload of other Capital Modelling Leads during peak periods or when activity is low.
- Documentation & Audit Trail: Maintain robust, fit-for-purpose audit trails: Version control, Assumptions Logs, Expert Judgement Logs.
- Team Management: Provide clear direction, goals, targets and constructive feedback for team members.
- Risk & Control Responsibilities: Takes responsibility for own and colleagues’ Health & Safety at all times.
- Conduct Risk & GDPR: Ensure customers are treated fairly at all times, in accordance with the Conduct Risk Policy and other relevant policies and procedures.
Knowledge & Qualifications:
- Education: Minimum 2:1 degree in a highly quantitative field (Mathematics, Physics, Actuarial Science).
- Professional Accreditation: Qualified Actuary (IFoA or equivalent).
- 7+ years of dedicated Capital Modelling experience.
- Demonstrable experience in driving model use and embedding model output.
- Experience in line management and mentoring of junior analysts/students.
Technical Competencies:
- Software Proficiency: Advanced proficiency in capital modelling platforms and Economic Scenario Generators (ESGs).
- Analytical Depth: Ability to perform deep-dive validation, explain result movements and justify expert judgements.
- Process Efficiency: Track record of improving modelling efficiency, coding standards, and automation of outputs.
- Regulatory Proportionality: Working knowledge of Solvency II/UK frameworks.
- Asset-Liability Matching (ALM) & Macroeconomic Modelling: Deep technical understanding of ESG mechanics to model asset risk, inflation volatility, interest rate shifts, and liquidity constraints under stressed economic conditions.
Leadership & Behavioural:
- Delivery Focus: Accountability for meeting hard deadlines with high-quality output.
- Analytical Skills: Possess strong technical and analytical skills to drive process and model development.
- Team Management: Capable of organising team workloads, delegating effectively, and providing constructive technical feedback.
- Communication: Confident communicating and influencing a variety of stakeholders.
Lead Capital Modelling Actuary - Economic in London employer: Antares Global Management Ltd.
At Antares, we pride ourselves on being an inclusive and collaborative employer that values every voice and fosters individual growth. As an Underwriting Assistant in the vibrant financial hub, you'll benefit from a supportive culture that encourages continuous learning and development, while working alongside a diverse team of experts dedicated to delivering exceptional results. Join us to empower your career in an environment that champions innovation and teamwork, ensuring you have the tools and opportunities to thrive.
Contact Details:
Antares Global Management Ltd. Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Lead Capital Modelling Actuary - Economic in London
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We think you need these skills to ace Lead Capital Modelling Actuary - Economic in London
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