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- 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: Competitive salary, professional development, and a chance to influence key decisions.
- Why this job: Shape financial risk strategy and make a real impact in a senior role.
- Qualifications: Qualified Actuary with strong life insurance experience and technical expertise.
- Other info: Collaborative environment with opportunities for thought leadership in financial risk.
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 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 and 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.
Why join?
- 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) in London employer: Oliver James
Contact Detail:
Oliver James Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Financial Risk Actuary ( ALM & Balance Sheet) in London
✨Network Like a Pro
Get out there and connect with industry professionals! Attend events, webinars, or even local meetups. We can’t stress enough how important it is to build relationships that could lead to job opportunities.
✨Showcase Your Expertise
When you get the chance to chat with potential employers, don’t hold back on sharing your knowledge. Discuss your experience with ALM, balance sheet optimisation, and risk management. We want to see you shine!
✨Prepare for Interviews
Do your homework on the company and its financial strategies. Be ready to discuss how your skills align with their needs, especially in areas like Solvency UK and IFRS 17. We believe preparation is key to making a great impression!
✨Apply Through Our Website
Don’t forget to check out our website for job openings! Applying directly through us not only shows your interest but also gives you a better chance of being noticed by our hiring team. Let’s get you that dream job!
We think you need these skills to ace Senior Financial Risk Actuary ( ALM & Balance Sheet) in London
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. Let us see your passion for financial risk management!
Showcase Your Technical Skills: Don’t forget to mention your technical expertise in solvency, liquidity analysis, and risk frameworks. We’re looking for someone who can bring deep knowledge to the table, so make sure we know what you can do!
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
✨Know Your Numbers
As a Senior Financial Risk Actuary, you’ll need to be on top of your game with balance sheet modelling and financial metrics. Brush up on key figures related to ALM, liquidity, and capital management. Be ready to discuss how these numbers influence strategic decisions.
✨Showcase Your Leadership Skills
This role requires a confident leader who can influence senior stakeholders. Prepare examples of how you've led teams or driven change in previous roles. Highlight your ability to communicate complex financial issues clearly and concisely.
✨Understand the Regulatory Landscape
Familiarise yourself with Solvency UK, IFRS 17, and UK GAAP. Be prepared to discuss how these regulations impact balance sheet optimisation and risk management. Showing that you’re well-versed in these areas will demonstrate your expertise.
✨Prepare for Scenario Questions
Expect questions that challenge your problem-solving skills. Think about potential risks in balance sheets and how you would address them. Practising these scenarios will help you articulate your thought process and decision-making strategies effectively.
