Actuarial Risk Modeller

4 weeks ago


London, Greater London, United Kingdom The Emerald Group Full time

The Emerald Group is seeking a highly skilled Actuarial Risk Modeller to join their Treasury Actuarial team. The successful candidate will provide actuarial technical support to develop, maintain and document the Company's asset modelling methodology, including IFRS Level 3 assets and limited-price-indexation (LPI) linked assets valuations and validations.

Key Responsibilities:

  • Develop and maintain the Company's asset modelling methodology, including IFRS Level 3 assets and LPI linked assets valuations and validations
  • Own the technical development and maintenance of the LPI projection model and other market yield curve infrastructure
  • Support and explain the IFRS Level 3 asset valuation differences between the Company and asset managers where applicable
  • Provide actuarial technical support to model short-term liquidity risk and its management
  • Provide quantitative analysis of each regulated insurance entity's inflation and currency matching position and recommend actions to ensure appropriate hedging

Requirements:

  • Qualified actuary with experience at a life insurance company
  • Recent experience in the Investments, Reporting or Treasury area
  • Experience in financial markets, particularly corporate bonds/loans, and risk mitigation techniques involving financial derivatives
  • Understanding of fixed income assets and derivatives and their dynamics with life insurer balance sheets and Solvency II requirements
  • Knowledge of insurance products and markets, including UK reporting regulations, ideally with experience in DB scheme transactions
  • Excellent knowledge of Excel and VBA and potentially other financial modelling software

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