Internal Capital Model Developer
2 weeks ago
M&G is a leading international savings business, managing investments for individuals, companies, and institutions around the world.
We are committed to delivering high-quality investment services and solutions that meet the needs of our clients.
We are looking for an experienced actuary to join our Capital Valuation Team. The role requires a qualified or near-qualified actuary with experience of Solvency II capital valuations.
The successful candidate will have a strong background in capital modeling, non-profit annuity business, and the matching adjustment. They will be responsible for producing and being accountable for understanding and explaining non-profit annuity capital results.
Key Responsibilities:
- To produce and be accountable for understanding and explaining non-profit annuity capital results.
- To understand the key drivers of non-profit annuity capital and the sensitivity of these to different conditions.
- To track changes to M&G's non-profit annuity assets e.g. sales, purchase and credit rating movements and ensure these are properly reflected within the capital model.
- To provide technical expertise to design technical solutions as part of change projects within M&G where required.
Requirements:
- A background in capital modelling, non-profit annuity business and the matching adjustment desirable but other relevant experience will be considered
- Excellent technical actuarial knowledge, with attention to detail.
- Motivated and willing to take responsibility and ownership of the work assigned.
- Demonstrable experience of problem solving and providing practical solutions to complex problems.
- Commercial aptitude and the ability to consider the impact of decisions.
- Strong commercial and collaboration skills.
- Ability to express own viewpoint and to communicate clearly on complex actuarial issues.
Salary: £60,000 - £80,000 per annum
Work Level: Experienced Colleague
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