Actuarial Portfolio Specialist

5 days ago


Gloucester, Gloucestershire, United Kingdom Benefact Group plc Full time

About the Job:

The Benefact Group plc is seeking a highly skilled Senior Actuarial Investment Analyst to join its team in Gloucester.

The successful candidate will be responsible for providing professional capital modelling and actuarial advice to support investment and business decision-making processes. This includes leading the design and calibration of the Group's capital model for investment and market risk under the guidance of the Head of Investments.

Key Responsibilities:

  • Develop the Group's capital model for investment and market risk.
  • Support the Head of Investments in delivering investment analysis, including capital modelling, to inform the Group's investment strategy.
  • Deliver timely quarterly Market risk and Economic Scenario Generator (ESG) updates to the Group Capital Team, 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 for independent challenge.
  • Prepare reports for the Group's internal model governance oversight committee summarising changes to Market risk and/or ESG model design or calibration.
  • Maintain market risk & ESG documentation for the Group's internal capital model, including model output analysis, calibration, and methodology.
  • Develop solutions to close model weaknesses and limitations identified in market risk modelling.
  • Maintain relationships with Group actuarial teams, Finance, and the ESG provider.

Requirements:

  • Bachelor's degree in a math-based subject with 6+ actuarial exams.
  • Relevant experience in an actuarial role.
  • Strong communication skills with proven ability to build effective relationships.
  • Demonstrate sound commercial judgement and ability to design practical solutions.
  • Proven willingness to engage with and challenge the business.
  • Desirable: previous experience in investments; Igloo software experience.

Benefits:

  • A competitive salary of £65,000 - £80,000 per annum.
  • A generous annual bonus scheme up to 24%.
  • 25 days annual leave plus bank holidays and a holiday buy/sell scheme.
  • An array of health and wellbeing benefits, including private healthcare and income protection.
  • Up to £300 annual personal grant to a charity of your choice.
  • Encouraged to take at least one volunteering day per year.
  • Employee Assistance Programme.
  • Full study support to gain professional qualifications.


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