Senior Risk Model Validator

1 month ago


Potters Bar, Hertfordshire, United Kingdom CLFIS Limited Full time

Job Purpose

This position will be responsible for Independent Validation of CLFIS Limited's Internal Model and provides second line oversight of model risk at CLFIS Limited. A key role that contributes to the CRO's Opinion of the ongoing appropriateness of the Internal Model.

Key Responsibilities

  • Deliver Independent Validation of the Internal Model for CLFIS Limited. Regular activities include:
  • Challenge business teams on proposed model & methodology changes
  • 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

Requirements

  • Experience in the life insurance industry
  • Strong technical knowledge and an understanding of Solvency II capital requirement calibrations
  • Knowledge of Internal Model capital calibrations and risk modelling within the CLFIS Limited model

Benefits of working at CLFIS Limited

We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a CLFIS Limited colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with income protection, private medical insurance and life assurance.


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