Senior Actuarial Manager

Description:

The role sits within our Group Actuarial & Capital Change (GACC) team who work on our Credit Risk Modelling program. The team is looking to improve our approach to Credit Risk modelling within the organisation to support both the capital held on our balance sheet and the price we charge for our Bulk Purchase Annuities.

You will be involved in modelling the drivers of credit risk at a more granular level, together with Matching Adjustment in stress, establishing calibrations and the approach for the SCR, produce papers for expert panels, ensuring compliance with regulations and any impacts due to Solvency UK reform.

Skills and experience we’re looking for:

• Qualified actuary with experience of modelling credit risks and annuity portfolios
• Proven track record in technical actuarial roles e.g., actuarial function/calibration’s/MaiS
• Ability to work independently
• Confident to produce work of an appropriate standard for the PRA
• Excellent stakeholder management skills with the ability to simplify and communicate complex information and tailor it to the needs of the audience