Senior Quants Risk Manager in London

Job Type: Permanent

Location: This role can be based in either our London, Birmingham, or Edinburgh offices with time spent working in the office and at home.

Flexible working: All roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.

Closing Date: 24th July

Salary and benefits: Up to £145k depending on experience plus an indicative bonus range of 30-60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days, and much more.

The role: As a Senior Quants Risk Manager, you’ll play a central role in ensuring the integrity, robustness and appropriateness of the models that underpin key decisions across our business. Working within our Transactions and Quants Modelling Oversight team, you’ll lead end-to-end reviews of a wide range of models covering asset pricing, liability valuation, ALM, and credit. The team values intellectual curiosity and collaboration as much as technical expertise, and team members are expected to challenge assumptions and influence modelling standards across the business.

You will provide independent, evidence-based challenge on both the methodology and implementation of models, ensuring they meet regulatory expectations, internal standards, and industry best practice. The role requires close collaboration with model developers as well as engagement with senior stakeholders across risk, finance, and asset management. You will bridge the gap between technical detail and business decision-making, confidently explaining complex modelling concepts, assumptions, and limitations to senior stakeholders both verbally and through written reports.

You will have access to production code and develop benchmark models and analytical tools in state-of-the-art systems. This is an opportunity to apply deep quantitative expertise to high-impact work, influence modelling strategy, and help shape how we manage risk across a growing and strategically important area of the business.

What are we looking for?

• Ability to analyse complex quantitative methodologies and communicate conclusions clearly to both technical and non-technical stakeholders
• Strong programming (e.g., Python, VBA, or actuarial modelling platforms) with the ability to review quantitative code
• Demonstrated experience in a quantitative role within insurance or financial services (e.g. model validation, model development, or actuarial modelling) with the ability to independently lead reviews of complex models
• Strong academic background in a quantitative discipline (e.g. mathematics, physics, statistics, or actuarial science), ideally to MSc or PhD level
• Intellectual curiosity and a willingness to explore unfamiliar topics beyond the immediate scope of a review
• Understanding of stochastic modelling techniques such as Monte Carlo, interest rate modelling, or asset-liability modelling
• Good understanding of insurance regulatory frameworks (e.g. Solvency II)
• Comfortable engaging in constructive debate, collaborating with colleagues from different disciplines, and contributing to initiatives that support the wider business.

We want to hire the whole version of you. We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you. If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best. We’re reviewing applications as they come in, so apply early to avoid missing out.