Partial Internal Model Actuary

1 week ago

England, United Kingdom The Actuary Group Full time

The Actuary Group is currently seeking an experienced Partial Internal Model Actuary on behalf of our client, a longstanding provider of UK insurance and savings solutions.

Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial experience to deliver the smartest possible outcomes. Their proven experience and expertise give them the confidence to make trusted decisions, challenge convention and innovate to make a positive difference.

Our client is looking to integrate a talented technical actuary with extensive experience leading on the development, validation and maintenance of partial internal models under Solvency II regulations. The ideal candidate will have strong communication and stakeholder management skills, in-depth knowledge of risk management analysis, and a financial services background (Life Industry or Pensions Funds).

If the above applies to you and you are open to a new professional challenge within a reputable life and pensions company, we would love to hear from you.

Key responsibilities will include:

  • Play a lead role in the development, validation and maintenance of their partial internal model under Solvency II.
  • Design, develop, and enhance partial internal models that adhere to their risk tolerances and are scalable for future growth.
  • Conduct rigorous validation and testing of models to ensure accuracy and compliance with regulatory standards.
  • Analyse large datasets to identify trends, patterns, and insights that inform model assumptions and parameters.
  • Ensure all models comply with Solvency II requirements and other relevant regulatory frameworks.
  • Prepare comprehensive documentation for model development, assumptions, methodologies, and validation processes.
  • Collaborate with internal stakeholders, including risk management, finance, and underwriting teams, to gather requirements and provide insights.
  • Generate regular reports and presentations for senior management.
  • Stay updated with industry trends, best practices, and regulatory changes to continuously improve the internal model.
  • Maintain competence and fitness and propriety standards to the level required by the Company’s regulators.
  • Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct.

Experience and Qualifications

  • Qualified Actuary, with a minimum of 5 years’ experience in actuarial roles, with a focus on model development and validation.
  • Financial Services (Life industry or Pensions Fund) experience.
  • Experience of the regulatory environment in the UK.

  • Partial Internal Model Actuary

    1 week ago

    England, United Kingdom The Actuary Group Full time

    The Actuary Group is currently seeking an experienced Partial Internal Model Actuary on behalf of our client, a longstanding provider of UK insurance and savings solutions. Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial experience to...

  • Partial Internal Model Actuary

    1 month ago

    England, United Kingdom The Actuary Group Full time

    The Actuary Group is currently seeking an experienced Partial Internal Model Actuary on behalf of our client, a longstanding provider of UK insurance and savings solutions. Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial experience to...

  • Partial Internal Model Actuary

    2 months ago

    England,, UK, United Kingdom The Actuary Group Full time

    The Actuary Group is currently seeking an experienced Partial Internal Model Actuary on behalf of our client, a longstanding provider of UK insurance and savings solutions. Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial experience to...

  • Partial Internal Model Actuary

    2 months ago

    England, United Kingdom The Actuary Group Full time

    The Actuary Group is currently seeking an experienced Partial Internal Model Actuary on behalf of our client, a longstanding provider of UK insurance and savings solutions. Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial experience to...

  • Partial Internal Model Actuary

    2 months ago

    England, United Kingdom The Actuary Group Full time

    The Actuary Group is currently seeking an experienced Partial Internal Model Actuary on behalf of our client, a longstanding provider of UK insurance and savings solutions. Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial experience to...

  • Partial Internal Model Actuary

    2 months ago

    Eastern England, United Kingdom The Actuary Group Full time

    The Actuary Group is currently seeking an experienced Partial Internal Model Actuary on behalf of our client, a longstanding provider of UK insurance and savings solutions. Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial experience to...

  • Actuary - Financial Services / Pensions

    1 month ago

    England, United Kingdom The Actuary Group Full time

    The Actuary Group is currently seeking an experienced Partial Internal Model Actuary on behalf of our client, a longstanding provider of UK insurance and savings solutions. Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial experience to...

  • Actuary - Financial Services / Pensions

    1 week ago

    England, United Kingdom The Actuary Group Full time

    The Actuary Group is currently seeking an experienced Partial Internal Model Actuary on behalf of our client, a longstanding provider of UK insurance and savings solutions. Our client strives to make the life and pensions journey easier and more user-friendly for everyone involved. They use their specialist knowledge and trusted financial experience to...

  • Senior Quantitative Actuary for Life and Pensions

    3 weeks ago

    Eastern England, United Kingdom The Actuary Group Full time

    Lead Quantitative Actuary in Life and PensionsThe Actuary Group is seeking an experienced Senior Quantitative Actuary to join our client, a leading provider of UK insurance and savings solutions.Our client aims to simplify the life and pensions journey for everyone involved, leveraging their expertise and trusted financial experience to deliver smart...

  • Pension Risk Transfer Consultant

    4 months ago

    England, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for multiple Pension Risk Transfer Consultants positions, ranging in seniority from part-qualified actuaries to senior consultants . The client is a leading consultancy looking to expand its Risk Transfer team. Working alongside employers, trustees and financial services institutions, our client offers pensions, investments,...

  • Pension Risk Transfer Consultant

    3 months ago

    England, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for multiple Pension Risk Transfer Consultants positions, ranging in seniority from part-qualified actuaries to senior consultants . The client is a leading consultancy looking to expand its Risk Transfer team. Working alongside employers, trustees and financial services institutions, our client offers pensions, investments,...

  • Pension Risk Transfer Consultant

    3 months ago

    England, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for multiple Pension Risk Transfer Consultants positions, ranging in seniority from part-qualified actuaries to senior consultants . The client is a leading consultancy looking to expand its Risk Transfer team. Working alongside employers, trustees and financial services institutions, our client offers pensions, investments,...

  • Pension Risk Transfer Consultant

    5 months ago

    England,, UK, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for multiple Pension Risk Transfer Consultants positions, ranging in seniority from part-qualified actuaries to senior consultants. The client is a leading consultancy looking to expand its Risk Transfer team. Working alongside employers, trustees and financial services institutions, our client offers pensions, investments,...

  • Pension Risk Transfer Consultant

    4 months ago

    England, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for multiple Pension Risk Transfer Consultants positions, ranging in seniority from part-qualified actuaries to senior consultants. The client is a leading consultancy looking to expand its Risk Transfer team. Working alongside employers, trustees and financial services institutions, our client offers pensions, investments,...

  • Pension Risk Transfer Consultant

    4 months ago

    England, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for multiple Pension Risk Transfer Consultants positions, ranging in seniority from part-qualified actuaries to senior consultants. The client is a leading consultancy looking to expand its Risk Transfer team. Working alongside employers, trustees and financial services institutions, our client offers pensions, investments,...

  • Senior Insurance Risk Actuary

    1 month ago

    South East England, United Kingdom James Joseph Associates Limited Full time

    A well-established and growing Lloyd's Syndicate Insurance firm is looking for a Capital Modelling Actuary. In this role, you will lead a team responsible for managing and operating the capital model, ensuring it complies with both regulatory and internal stakeholder needs. You will also work closely with the Head of Capital to support the Board and senior...

  • Actuary / Senior Actuary

    4 weeks ago

    South East England, United Kingdom cer Financial Ltd Full time €90,000

    Senior Pricing Actuary City of London / Hybrid Permanent cer Financial are working alongside a commercial insurance company who are based in the City of London. They are seeking a Senior Pricing Actuary to work with them on a permanent basis. Carry out pricing calibrations, provide challenge and oversight of pricing models, model governance, pricing...

  • Senior Capital Actuary Insurance

    1 month ago

    South East England, United Kingdom James Joseph Associates Limited Full time

    A well-established and growing Lloyd's Syndicate Insurance firm is looking for a Capital Modelling Actuary. In this role, you will lead a team responsible for managing and operating the capital model, ensuring it complies with both regulatory and internal stakeholder needs. You will also work closely with the Head of Capital to support the Board and...

  • Pension Risk Transfer Consultant

    5 months ago

    Eastern England, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for multiple Pension Risk Transfer Consultants positions, ranging in seniority from part-qualified actuaries to senior consultants. The client is a leading consultancy looking to expand its Risk Transfer team. Working alongside employers, trustees and financial services institutions, our client offers pensions, investments,...

  • BPA Implementation Operations Manager Role

    4 weeks ago

    Eastern England, United Kingdom The Actuary Group Full time

    BPA Implementation Operations Manager Role OverviewThe Actuary Group is seeking a highly skilled BPA Implementation Operations Manager to join the Bulk Annuities team. The successful candidate will oversee the implementation and administration of Bulk Purchase Annuity business, including pre-execution due diligence, scheme onboarding, trustee management, and...