Lead Actuary
3 days ago
A key role that contributes to the CRO's Opinion of the ongoing appropriateness of the Internal Model.
**Job Summary:**
We are seeking an experienced actuary to join our team in London as a Senior Actuary. The ideal candidate will have a strong background in Solvency II capital requirement calibrations and a good understanding of the Internal Model Governance Policy.
**Key Responsibilities:**
- Challenge business teams on proposed model & methodology changes, ensuring compliance with CLG Internal Model Governance Policy and Solvency II requirements.
- Perform Independent Validation reviews of Internal Model components, including market, credit, & life insurance risk models.
- Confirm factual accuracy of findings with stakeholders and summarise points into Executive-level reports, obtaining explicit management responses and agreement of remedial actions.
- Support the maintenance of a rolling schedule of review activity to provide appropriate coverage of Solvency II requirements.
**Requirements:
- Qualified Actuary or Equivalent.
- Experience in the life insurance industry.
- Strong technical knowledge and understanding of Solvency II capital requirement calibrations.
**Estimated Salary:** £60,000 - £80,000 per annum.
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