Market Risk Actuary

Goodman Masson are working with a prestigious Life Insurance client who are going through a significant period of growth. Our client is seeking to recruit a Market Risk Actuary to join their team.

As a Market Risk Actuary, you will be responsible for leading actuarial and statistical analysis related to market risk, calibrating market risk capital model, developing market risk management framework, advising ALM and hedging strategy.

 Key Responsibilities will include:

• Develop and maintain market risk capital model methodology and assumptions. Ensure the methodology complies with regulatory requirements and reflects the risk profile of the business
• Own the market risk capital reporting process by maintaining a well-controlled and efficient quarterly reporting process for market risk capital, establishing a robust analysis of change process to explain the movement in capital results.
• Ability to communicate complex modelling decisions to senior executives
• Being the main conduit between capital model and business to ensure the market risk is well managed
• Support ALM and hedging activities by providing capital related insight (such as market risk MI) for ALM and hedging decision making

You will need the following experience: 

• Strong capital modelling experience in market or credit risk space within life insurance industry
• Experience with using Principle-Component-Analysis technique in modelling market risk
• Practical experience with ALM and hedging for annuities
• Fellow of Institute of Actuaries (or equivalent)

In return, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, income protection, private medical insurance and life assurance. 

If you are interested in this opportunity, please apply or get in touch with Karen Newton for more information:

E - Karen.Newton@goodmanmasson.com

T - 0207 0198 850