Actuarial Model Governance Specialist

3 weeks ago


London, Greater London, United Kingdom Oliver James Full time

Job Summary:

We are seeking an experienced Actuarial Model Governance Specialist to join our team in London. This role involves reviewing and validating actuarial models used across the organisation, providing assurance to senior management regarding their robustness and reliability.

About the Role:

  • Model Risk Reviews:
    • Independently review actuarial models to ensure they meet MRM framework standards.
    • Conduct independent baselining and assess compliance with risk management guidelines.
    • Perform ad hoc reviews for major model changes.
  • Reporting and Risk Assessment:
    • Assist in preparing management information reports summarising model review outcomes.
    • Conduct reviews and assessments of the model inventory's risk profile.
  • Support for Risk Management Initiatives:
    • Contribute to MRM-related initiatives, such as promoting best practices in spreadsheet usage and enhancing guidance for the modeling community.

About You:

We are looking for a motivated individual with a strong background in actuarial science and a keen interest in model governance and risk management. The ideal candidate will have excellent analytical and technical skills, with experience in actuarial models and modeling software. They should also have a solid understanding of the life insurance industry, including products, regulations, and risk considerations.

This is an exciting opportunity to work with advanced actuarial models and contribute to the organisation's strategic decision-making. You will collaborate with a talented and supportive team, gaining exposure to various business areas while driving improvements in model governance.



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