Risk Framework Developer

4 hours ago


London, Greater London, United Kingdom Pacific Asset Management, LLC Full time

About the Opportunity

Pacific Asset Management, LLC offers a unique chance to work in a dynamic environment, contributing to key strategic and operational initiatives. The AVP, Risk, Divisional will play a key part in supporting the company's changing risk profile, setting risk appetites, and analyzing balance sheet impacts.

Job Summary

This role involves managing two junior members of the global risk team, as well as leading the annual Commercial Insurer's Solvency Self-Assessment (CISSA) process. The ideal candidate will have excellent communication skills and be able to work closely with several other functions, including Pricing, R&D, Corporate Actuarial, and Finance.

Main Responsibilities

  • Develop the risk framework for new products, Affiliate business, and growing areas of risk.
  • Lead the CISSA process, incorporating analysis of internal capital needs and developing stress and scenarios.
  • Manage two junior members of the global risk team.

Key Skills and Qualifications

  • Qualified Actuary with at least 7 years' relevant business experience in the life insurance or reinsurance industry.
  • Familiarity with capital bases and/or financial reporting standards.
  • Excellent communication and leadership skills.

Benefits

  • Subsidized gym membership.
  • Season ticket loan.
  • Employee Assistance Programme.
  • Wellness benefits.

Working for Pacific Life Re

Pacific Asset Management, LLC values its employees and seeks to build their expertise and support their individual ambitions. We regularly host team-building days to strengthen connections and reflect on successes.



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