Risk Management Actuary
4 days ago
Job Title: Risk Management Actuary
Location: Edinburgh, UK
Estimated Salary: £80,000 - £100,000 per annum
Job Type: Full-time
About the Role:
Solvent Risk and RegulationWe're seeking an experienced actuary to lead market risk calibration for our DCA team. This involves maintaining and enhancing Solvency UK internal model market risk calibrations, methodologies, and economic assumptions.
Main Responsibilities:
- Develop and maintain methodologies and forward-looking assumptions for market risk factor calibrations used in the Internal Model.
- Support the maintenance of Solvency UK methodologies and guide the business on their interpretation.
- Advise the business on the implications of proposed changes in calibrations and methodologies.
- Propose best-estimate economic assumptions and engage with senior management and auditors.
- Present high-quality Committee and Board papers on assumptions and methodologies.
About You:
You'll be a Qualified Actuary with experience in life insurance, preferably with knowledge/experience of Solvency UK market risk calibrations.
You'll have a strong technical background, excellent communication skills, and an ability to engage and manage stakeholders.
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