Alm Actuary
6 months ago
As an ALM Actuary in the Investment Solutions team at LV= you will support and, on occasion, lead, the design, development and execution of investment solutions. You will manage market risks, generate revenue and liquidity, including the construction of derivative strategies and the rebalancing of such mechanisms.
This role is on a 12 month Fixed Term Contract Basis.
**About you**:
- Strong technical background and hands on experience in UK financial services:
- Appropriate professional qualifications
- In-depth understanding of the UK financial services market, regulatory and economic environment.
- Investment expertise and strong understanding of both assets and liabilities to determine appropriate matching techniques and opportunities
- Extensive knowledge of derivatives and how derivative strategies can be used by insurance companies to manage market risks, generate revenue and liquidity
- Proven ability to communicate and present - able to communicate complex, technical information including to non-technical audiences.
- Proven ability to motivate, organise and manage self and others to deliver to challenging deadlines.
- Ability to build strong relationships with teams in Finance, Risk and PS&R to support achievement of objectives.
**Details**:
- You will deputise for the Senior Investment Solutions Manager as required.
- Manage your team’s (1 direct report) activity and delivery to agreed timetable and quality standards.
- Ensure market risks across LV= are managed within Risk Appetite
- Own the Matching Adjustment Portfolio monthly process, including ensuring continued compliance with Regulatory requirements and completing PRA requests for information.
- Be an in-house Derivative Modelling expert, including within project teams.
- Support key business projects across the Investment Solutions space
- Train, mentor and develop less experienced actuarial students
- Write and present market risk papers and MI at internal governance forums such as ALCO.
- Guide others in resolving complex issues relating to Investment Solutions / Derivatives.
- Support quarterly Solvency II submission (stressed derivative valuations)
- Promote good risk management practices and ensure all applicable LVFS policies are followed.
- Monitor regulatory and market developments and assess their impacts in own area.
- Ensure that effective relationships are established and maintained across Finance, Risk and PS&R.
- Identify continuous improvement opportunities across Finance processes
**Why work for us?**:
Here at LV= Life and Pensions we always love to hear from great people, so don’t forget to follow us on Instagram, Twitter, LinkedIn and become a fan on Facebook.
At LV= Life & Pensions you’ll find we thrive on the benefit of everyone’s differences. Whoever you are, whatever you are and in whatever way you identify, you’re welcome here. We’ll make reasonable adjustments to specific needs to make sure your individual requirements are accommodated as far as possible. Being totally committed to equal opportunities opens up massive benefits, not just to our organisation and people but also to our members and our products. We’re proud of our people, we only recruit and promote on merit.
Go on, bring your true self to LV=.
Why not follow us on Glassdoor and take the opportunity to see real reviews of what it’s like to work here.
**Rewards and Benefits**:
At LV= Life and Pensions, you’ll go above and beyond to do the right thing for our customers and we’ll reward you with an attractive, competitive salary and benefits package in exchange for your hard work.
- 30 days' holiday per annum, with the option to buy up to 2 additional days
- A competitive pension for which LV= Life and Pensions will double match the amount you pay, up to 14%
- An annual bonus scheme based on company and personal performance
- Single cover private medical insurance which you can upgrade to family cover
- Flexible benefits - Cycle to work scheme/Health Assessment/Personal Accident Insurance/Critical Illness/Dental Insurance
- You’ll receive up to 20% discount on our life products for you and your immediate family.
- Group Life Assurance 4 x basic pay to your dependants, You’ll have the option to increase to x 8 times cover
- Employee Assistance Programme (EAP) service for support through difficult times in your life
- Virtual GP service
- Shared parental leave