· Our Capital Management team are hiring and we’re currently looking for a nearly/newly qualified Actuary to join our Capital Solutions team on a permanent contract based from our London office.
The Capital Solutions team drives activity to improve the capital position of the Group and you’ll work alongside the Head of Capital Solutions and Senior Actuary’s in the team to identify, assess and execute transactions to improve the capital position of the Group.
Within the role you’ll select the appropriate data and support the modelling of potential transactions, producing papers for internal stakeholders, including: Chief Actuary and Director of Financial Risk to set out expected impact and justify proposed treatment and demonstrate that it is consistent with relevant regulations.
If you’re a curious individual with ambitions to learn and an ability to showcase an understanding of the external market and internal modelling solutions then we’d love to hear from you. Working to become an established technical leader within the Capital Solutions team you should also be able to display a strong all round technical skillset with a background in programming languages such as Python, R, VBA or Access being advantageous.
Support the Head of Capital Solutions to assess potential transactions to improve the capital position of the Group.
Prepare the necessary data and material for potential counterparties
Carry out the necessary modelling to assess the material from external parties to explore potential capital transactions
Assess how a transaction could be structured to provide a benefit to the Group
Complete impact assessment on a range of financial bases, including: Solvency II and IFRS
Support the Head of Capital Solutions to prioritise the most beneficial and feasible transactions and to present solutions to Director of Capital Management and Group Actuarial Executive
Support the Head of Capital Solutions to execute transactions
Produce methodology and impact assessment documentation to support the transaction, including 2nd line and auditor reviews.
Support the Head of Capital Solutions with post transaction implementation activities
To apply for this job email your details to email@example.com.