Senior Modelling Specialist in London

This job is with Canada Life UK, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies, operating as a modern, agile and welcoming organisation.

Job Summary

The Internal Model Implementation team at Canada Life is responsible for designing, developing, supporting, testing and documenting Canada Life's internal models, ensuring they meet user needs and adhere to model governance and regulatory requirements.

What You’ll Do

• Design, develop, support, test and document internal models for credit, interest rate, inflation and equity release mortgages.
• Support the internal model operations team, investigating internal model queries and proposing solutions.
• Work closely with the internal model design team to understand new feature developments and contribute to their implementation within the internal model code.
• Act as a conduit between the internal model team and IT to ensure models are supported and processes align with other development teams.
• Ensure internal models follow best practice standards.
• Manage, coach, develop and motivate junior team members to support their development.
• Contribute knowledge sharing to the internal model implementing team.

Technical Expertise

• Strong capital modelling experience in market, credit and/or equity release mortgage risk space within the life insurance industry.
• Experience with developing, testing and maintaining actuarial models.
• Experience using Python; ideally knowledge of good software design principles and unit testing.
• Experience with DevOps or GitHub for managing software developments.
• Knowledge of SII and IFRS17.
• Use of generative AI.

Communication

• Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.
• Ability to adapt messages to the audience without prompting or significant coaching, in a format that is easily understood by non-technical colleagues.

Relationship Building

• Ability to develop and maintain strong relationships across the actuarial function, IT and the wider business, acting with integrity and role‑modeling company values at all times.
• Flexibility in style and delivery, depending on the individual and/or audience.

Developing Self and Others

• Exceptional problem‑solving skills and attention to detail with demonstrable ability to spot issues, interdependencies and challenges to ensure accurate, commercial and informed work.
• Self‑motivated, well‑organised, pragmatic and capable of performing tasks independently.
• Strong skills and experience in managing and motivating a team from a diverse range of professional backgrounds and with varying levels of experience.
• Strong coaching ability in technical and non‑technical skills to support the development of others.
• Committed to ongoing professional and personal development.

Qualifications

• Undergraduate degree in Finance / Maths or equivalent disciplines.
• Complete or near completion of Institute of Actuaries (or equivalent) exams.

Benefits of Working at Canada Life

Competitive salary and comprehensive reward package including a generous pension and bonus scheme, income protection, private medical insurance and life assurance. Additional benefits and support services, regular personal and professional development opportunities.