ALM Actuary – contract

As a WP ALM Actuary you will enjoy a broad role, using your skills and knowledge to provide support to the With-Profits Funds ALM Actuary with a strong focus on With-Profits ALM activity but with the opportunity to be involved in all aspects of Life Company ALM activity.  This key role will involve activities such as:

Management of investment risks (including nominal rates, real rates, equities and credit) to pre-specified targets and tolerances;
Producing hedging instructions and working with our strategic asset management partners to ensure our ALM execution is carried out in a cost-effective manner in line with our expectations and requirements;
Supporting the investment strategists with the relevant asset and liability analysis / modelling to facilitate investment in new asset classes; and
You will work closely with the Actuarial teams in Life Finance and Capital Management to ensure all material aspects of our ALM practices are reflected in the models.  It’s a dynamic and exciting role where you’ll be ensuring we manage and mitigate market risks in accordance with Group risk appetite, and in line with our With Profits funds’ PPFM rules.