Actuarial Portfolio Management Expert
1 month ago
We are seeking a highly skilled Actuarial Portfolio Management Expert to join our team at Benefact Group plc.
Job SummaryThe successful candidate will play a crucial role in providing professional capital modelling and actuarial advice to support the investment and wider business decision-making process.
About the Role- As a key member of the team, you will take a lead role in designing and calibrating the Group's capital model for investment and market risk, working closely with the Head of Investments.
- You will deliver timely updates on market risk and economic scenario generator (ESG) analysis to accurately reflect changes in the Group's investment risk profile and current economic conditions.
- Your expertise will be essential in presenting and justifying changes in model design and calibration to a panel of actuarial managers for independent challenge.
- Design and calibrate the Group's capital model for investment and market risk, working with the Head of Investments.
- Deliver quarterly Market risk and Economic Scenario Generator (ESG) updates, accurately reflecting changes in the Group's investment risk profile and current economic conditions.
- Present and justify changes in model design and calibration to a panel of actuarial managers.
- Prepare reports for the Group's internal model governance oversight committee summarizing changes to Market risk and/or ESG model design or calibration.
- Closed identified weaknesses and limitations in market risk modelling.
- Maintain market risk & ESG documentation for the Group's internal capital model, including model output analysis, Calibration and Methodology, Weaknesses and Limitations logs.
- Lead the development of investment data solutions to support model inputs for the Group's investment portfolio.
- Participate in technical actuarial discussions on market risk and actuarial concepts covered in professional studies.
- Degree in a relevant math-based subject with 6+ exams achieved in actuarial studies.
- Relevant experience within an actuarial role.
- Demonstrated sound and commercial judgement and ability to design practical and proportionate solutions.
- Proven willingness and ability to engage with and challenge the business.
- Group Personal Pension - up to 12% employer contribution.
- Generous annual bonus scheme up to 24%.
- 25 days annual leave plus bank holidays, and a holiday buy and sell scheme.
- An array of health and wellbeing benefits, including private healthcare, income protection, and life assurance.
Salary: £60,000 - £80,000 per annum depending on experience.
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