Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead financial risk oversight and optimise complex life insurance balance sheets.
- Company: Dynamic life insurance group with a focus on innovation and collaboration.
- Benefits: Negotiable salary, career development, and exposure to cutting-edge financial strategies.
- Why this job: Influence executive decisions and shape financial risk management at scale.
- Qualifications: Qualified Actuary with strong life insurance and ALM experience.
- Other info: Join a team of experts driving change in financial risk oversight.
The predicted salary is between 72000 - 108000 £ per year.
We are looking for a senior financial risk leader to provide strategic oversight and constructive challenge across complex life insurance balance sheets. You will advise on ALM, capital and balance sheet optimisation, influence executive decisions, and lead high-impact Line 2 oversight that balances strong commercial outcomes with robust risk management.
About the role
- Provide senior Line 2 oversight and constructive challenge across the Group’s balance sheets, supporting delivery of the long-term financial strategy.
- Advise on and oversee key balance sheet risks including asset-liability management, hedging, Matching Adjustment, liquidity and capital management.
- Oversee balance sheets across Solvency UK, IFRS 17 and UK GAAP, including balance sheet optimisation activities.
- Contribute to the Group’s ORSA and Recovery & Resolution Plans, bringing balance sheet insight and risk perspective.
- Design and maintain proportionate, risk-based Line 2 oversight, clearly articulating expectations around risk identification, management and mitigation.
- Influence and challenge executive-level decisions through credible insight, market perspective and strong stakeholder engagement.
- Lead and develop the Balance Sheet & ALM Oversight team, embedding a culture focused on material risks, performance and continuous improvement.
About you
- Qualified Actuary (or equivalent) with strong life insurance experience, particularly annuities and BPA.
- Deep technical expertise across balance sheet modelling, solvency and liquidity analysis, ALM, hedging and Matching Adjustment.
- Strong understanding of Solvency UK, IFRS 17, UK GAAP and balance sheet optimisation.
- Experience overseeing financial risks including insurance, credit, market and climate-related financial risks.
- Proven ability to provide effective, pragmatic Line 2 oversight and develop risk frameworks and risk appetite.
- Confident leader with experience driving enterprise-wide change and influencing senior stakeholders.
- Excellent communicator, able to distil complex financial issues into clear, concise executive insight.
A senior, visible role influencing balance sheet strategy across a complex life insurance group. Exposure to sophisticated ALM, capital and balance sheet optimisation activities. Opportunity to shape how financial risk oversight is delivered at scale. Work closely with experienced risk and finance leaders in a collaborative environment. Platform to lead thought leadership in areas such as climate financial risk, data and technology-enabled risk oversight.
Senior Financial Risk Actuary ( ALM & Balance Sheet) employer: Oliver James Associates Ltd.
Contact Detail:
Oliver James Associates Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Risk Actuary ( ALM & Balance Sheet)
✨Network Like a Pro
Get out there and connect with industry professionals! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. We recommend using the STAR method to structure your answers – it helps you showcase your experience effectively. Remember, confidence is key, so believe in yourself!
✨Showcase Your Expertise
When you get the chance to meet potential employers, make sure to highlight your technical skills and experience in financial risk management. We want to see how you can bring value to their team, so don’t hold back on sharing your insights and past successes.
✨Apply Through Our Website
Don’t forget to check out our website for job openings! Applying directly through us can give you an edge, as we’re always looking for passionate candidates who fit our culture. Plus, it’s super easy to navigate and find roles that match your skills.
We think you need these skills to ace Senior Financial Risk Actuary ( ALM & Balance Sheet)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Senior Financial Risk Actuary. Highlight your experience in ALM, balance sheet optimisation, and any relevant qualifications. We want to see how your background aligns with our needs!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of how you've influenced executive decisions or led teams in the past. We love a good story!
Showcase Your Technical Skills: Don’t forget to highlight your technical expertise in balance sheet modelling and risk management. We’re looking for someone who can navigate complex financial landscapes, so make sure we see that in your application!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Oliver James Associates Ltd.
✨Know Your Numbers
As a Senior Financial Risk Actuary, you’ll need to be on top of your game with balance sheet modelling and solvency analysis. Brush up on the latest trends in ALM and capital management, and be ready to discuss how these impact decision-making at an executive level.
✨Showcase Your Leadership Skills
This role requires a confident leader who can influence senior stakeholders. Prepare examples of how you've successfully led teams or driven change in previous roles. Highlight your ability to communicate complex financial issues clearly and concisely.
✨Understand Regulatory Frameworks
Familiarise yourself with Solvency UK, IFRS 17, and UK GAAP. Be prepared to discuss how these regulations affect balance sheet optimisation and risk management strategies. Showing that you can navigate these frameworks will set you apart.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving skills in real-world situations. Think about past experiences where you’ve had to provide Line 2 oversight or manage financial risks, and be ready to articulate your thought process and outcomes.
