Key Responsibilities
- Analyse demographic and economic experience to support actuarial assumptions.
- Perform calibration of stresses within the internal capital model.
- Design, execute and review stress testing to support internal model development and capital management.
- Support the ongoing enhancement and validation of capital methodologies.
- Produce high-quality actuarial analysis and reporting to support regulatory requirements and business decision-making.
- Contribute to capital and change projects, including model enhancements and process improvements.
- Present technical findings and recommendations to a range of stakeholders across the business.
- Support the continuous development of actuarial models, assumptions and methodologies.
About You
This opportunity is suited to a nearly qualified or newly qualified actuary looking to develop their career within capital and risk.
To be successful, you'll have:
- Nearly qualified (typically 1-2 actuarial exams remaining) or recently qualified.
- Experience within UK life insurance.
- A strong understanding of Solvency II / Solvency UK requirements (essential).
- Experience in one or more of:
- Internal model development or maintenance
- Capital management
- Actuarial risk management
- Exposure to calibration, stress testing or capital modelling activities.
- Strong analytical skills and the ability to apply sound actuarial judgement to complex problems.
- Excellent communication skills, with the confidence to explain technical concepts to a range of stakeholders and build effective working relationships across the business.
- Experience using Emblem, GLMs or R would be advantageous.
Why Apply?
- Significant involvement in internal model calibration and stress testing.
- Exposure to strategic capital initiatives and business change projects.
- A collaborative actuarial team with opportunities to learn from experienced colleagues.
- Regular interaction with senior stakeholders across Finance and Risk.
- A role that combines technical depth with commercial impact.
Contact Details:
Oliver James Associates Ltd. Recruitment Team
