At a Glance
- Tasks: Enhance actuarial and funding risk modelling for pension asset management.
- Company: Leading institutional investment manager in London.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to contribute to climate risk analysis and grow your career.
- Why this job: Join a team making impactful decisions in pension risk management.
- Qualifications: 5+ years in DB pension risk management; strong modelling and Excel skills required.
The predicted salary is between 60000 - 75000 £ per year.
Our client is an institutional investment manager specialising in pension asset management. They seek a Senior Associate to bolster actuarial and funding risk capabilities for LGPS partner funds, owning ALM modelling and strengthening solvency, funding and investment risk oversight.
Responsibilities
- Deliver and enhance actuarial and funding risk modelling, analysis and reporting for LGPS partner funds.
- Prepare asset-liability risk modelling using ALM software and oversee long-term funding strategy.
- Set up, run and check ALM analysis and reports prior to review.
- Develop and monitor client funding risk appetite statements.
- Provide risk oversight of strategic asset allocation advice to partner funds.
- Track long-term funding and contribution strategy and associated risks.
- Maintain and improve risk data, models, systems and reporting processes.
- Drive process efficiencies and automation in analysis and reporting.
- Support risk, client management and investment strategy teams on BAU and projects.
- Contribute to climate risk scenario analysis and other thematic risk projects.
- Review and quality-assure associates’ work for compliance with scheme rules, procedures, standards and legislation.
- Prepare regular risk outputs and board/Executive papers, and brief the CRO as required.
- Ensure actuarial reporting complies with TAS 100; maintain policies and desk procedures.
- Monitor regulatory and market developments, especially LGPS regulations, and share insights.
- Research wider pensions market funding trends to inform risk perspectives.
Requirements
- IFoA status: Newly Qualified, Nearly Qualified or Associate level.
- 5+ years’ experience in DB pension risk management, consulting or ALM-focused roles.
- Strong modelling and Excel skills; experience with ALM software; coding exposure preferred.
- Power BI and Python advantageous; knowledge of Ortec GLASS desirable.
- Ability to meet tight deadlines, prioritise effectively and deliver high-quality work.
- Clear communicator able to explain technical matters to stakeholders.
Senior Associate, Actuarial and Funding Risk, Institutional investment manager in London employer: Logansinclair
Contact Detail:
Logansinclair Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Associate, Actuarial and Funding Risk, Institutional investment manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial and funding risk space. Attend industry events or webinars, and don’t be shy about introducing yourself. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your ALM modelling skills and understanding the latest trends in pension asset management. We recommend practising common interview questions and scenarios related to risk oversight and funding strategies. Show them you’re the expert they need!
✨Tip Number 3
Don’t forget to showcase your technical skills! Whether it’s Excel, Power BI, or Python, make sure you can demonstrate your proficiency during interviews. We want to see how you can leverage these tools to drive efficiencies in analysis and reporting.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive and engaged. Let’s get you one step closer to landing that Senior Associate role!
We think you need these skills to ace Senior Associate, Actuarial and Funding Risk, Institutional investment manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Associate role. Highlight your experience in DB pension risk management and any relevant ALM software skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial and funding risk, and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Technical Skills: Don’t forget to mention your modelling and Excel skills, as well as any coding experience. If you've worked with Power BI or Python, let us know! We’re keen on candidates who can bring these skills to the table.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Logansinclair
✨Know Your Numbers
Make sure you brush up on your actuarial and funding risk knowledge. Be prepared to discuss specific models you've worked with, especially ALM software. Knowing the ins and outs of your past projects will help you impress the interviewers.
✨Showcase Your Communication Skills
As a Senior Associate, you'll need to explain complex concepts to various stakeholders. Practice articulating technical matters clearly and concisely. Consider preparing examples where you've successfully communicated difficult ideas in the past.
✨Stay Updated on Regulations
Familiarise yourself with the latest LGPS regulations and market developments. Being able to discuss recent changes and their implications during the interview will demonstrate your proactive approach and commitment to the field.
✨Prepare for Scenario Analysis Questions
Expect questions around climate risk scenario analysis and thematic risk projects. Think about how you've contributed to similar projects before and be ready to share your insights on how these factors impact funding strategies.