At a Glance
- Tasks: Lead the development of innovative actuarial models for financial planning and regulatory reporting.
- Company: Join St. James's Place, a diverse employer committed to inclusivity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Exciting opportunity to work with modern technologies and influence strategic direction.
- Why this job: Shape the future of actuarial modelling and make impactful business decisions.
- Qualifications: Extensive experience in actuarial modelling and strong technical skills required.
The predicted salary is between 67500 - 82500 £ per year.
This job is with St.
James's Place, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community.
Please do not contact the recruiter directly.
About the Role
We're looking for an experienced actuarial modelling specialist to join our Finance function as a Financial Modelling Lead.
This role offers the opportunity to become a key expert within our specialist actuarial modelling capability, helping to shape the future direction of our modelling environment and the solutions that underpin critical business decisions.
Working closely with the Head of Financial Modelling, you'll lead the development and enhancement of actuarial models that support regulatory reporting, financial planning, forecasting, capital assessment and strategic decision-making.
This role is ideal for someone who enjoys solving complex modelling challenges, driving innovation and influencing how actuarial modelling is delivered.
You'll join at an exciting time as we continue to improve our actuarial modelling estate following a migration to a modern modelling platform.
With responsibility for models that project customer cashflow and liabilities over long-term horizons and support operations across Europe and Asia, you'll have the chance to create an impact on the efficiency, capability and future evolution of our modelling environment.
- What You'll Be Doing
- Leading the development, enhancement and optimisation of actuarial models used for regulatory reporting, financial projections, cashflow forecasting and liability assessment.
- Acting as a senior technical expert within the actuarial modelling team, partnering closely with the Head of Financial Modelling to develop modelling strategy and future development priorities.
- Supporting the maintenance and development of regulatory actuarial reporting and financial projection models.
- Translating business initiatives, product developments and regulatory requirements into robust actuarial modelling solutions.
- Driving model efficiency improvements, automation initiatives and innovation across the modelling environment.
- Providing oversight and review of modelling developments delivered by colleagues across the wider team.
- Supporting the governance and control framework for model development, testing, documentation and access management.
- Working closely with Finance, Technology and software providers to ensure the continued effectiveness of the modelling estate.
- Championing best practice and providing expertise across modelling tools and technologies, including actuarial modelling software, Excel, Python, R, SQL and Snowflake.
- Contributing to the future evolution of a modern actuarial modelling platform and helping embed modelling capabilities across the function.
About You
You're an experienced actuarial modelling professional who thrives on technical problem-solving and enjoys taking ownership of complex modelling challenges.
You bring deep modelling expertise, strong commercial awareness and the ability to translate business requirements into effective actuarial solutions.
Most importantly, you're excited by the opportunity to influence the strategic direction of a sophisticated actuarial modelling environment while working as a recognised technical specialist rather than in a people management role.
Essential Criteria
- Extensive experience developing, maintaining and improving actuarial models within a financial services or regulated environment.
- Strong technical actuarial modelling skills with the ability to independently lead complex model development and improvement initiatives.
- Proven experience working with financial projection, regulatory reporting, cashflow forecasting, liability or capital models.
- Good at communicating with other modelling professionals and wider stakeholders, judging the appropriate use of technical language for the audience.
Desirable Criteria
- Experience within life insurance, pensions, wealth management or a similar regulated industry.
- Experience of actuarial modelling platforms and programming tools such as Python, R, SQL, AON - Tyche or similar technologies.
Financial Modelling Lead employer: St. James's Place
St. James’s Place is an excellent employer, offering a dynamic work culture that prioritises employee well-being and professional growth. Located in Cirencester, this hybrid role as a Data Privacy Manager not only provides competitive benefits such as parental leave and health insurance but also fosters an environment where employees can thrive through collaboration and engagement with diverse stakeholders in the regulated financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Modelling Lead
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like St. James's Place. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Financial Modelling Lead
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to St. James's Place.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on St. James's Place's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at St. James's Place
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with St. James's Place.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at St. James's Place will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former St. James's Place employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
