Actuarial Manager

Ageas; Eastleigh; On-site; GBP 86,000 - 105,000; Part time

Benefits offered by this job

Flexible working

Competitive pension

Annual bonuses

Job summary

Ageas is seeking an experienced actuarial professional to join the Capital Modelling team on a fixed-term basis until the end of 2027. The Actuarial Manager will oversee independent validation of market and default risk models and support UK Internal Model Major Change within a Solvency II framework.

Working with Risk, Investments and Finance, you will provide technical guidance, produce clear reports, and present findings to senior stakeholders.

Qualifications

• Experience within a capital modelling function.
• Strong understanding of Solvency II and Internal Models.
• Proven ability to help other team members in delivering goals.
• Experience in validation of market risk models or credit/default risk models.
• Experience producing technical documentation.
• Strong analytical, communication and stakeholder management skills.

Responsibilities

• Lead validation of market risk and default risk models developed by Ageas Group.
• Support the delivery of a UK Internal Model Major Change.
• Provide technical guidance and coaching to less experienced team members.
• Produce clear reports, conclusions and recommendations.
• Present findings to senior stakeholders, governance committees and reviewers.

Skills

Capital modelling

Solvency II

Internal models

Stakeholder mgmt

Model validation

Technical guidance

Job description

Job Title: Actuarial Manager
Target Start Date: ASAP
Contract Type: Fixed Term Contract until the end of 2027
Salary Range: c£95,000 Dependent on Experience
Location: Flexible
Closing Date for applications: Monday 24th August

Actuarial Manager: We are seeking an experienced capital modelling professional to join our Capital Modelling team on a fixed-term basis. You will play a key role in the independent validation of market and default risk models developed by Ageas Group and support the delivery of a UK Internal Model Major Change. This is a high-profile opportunity to contribute to strategically important work within an established Solvency II Internal Model environment.

Working closely with colleagues across Capital Modelling, Risk, Investments and Finance, you will help ensure that the Internal Model remains robust, well governed and fit for purpose. While this is not a people management role, you will be expected to provide technical guidance and coaching to less experienced team members.

Main Responsibilities as Actuarial Manager:

• Lead validation of market risk and default risk models developed by Ageas Group.
• Support the delivery of a UK Internal Model Major Change.
• Provide technical guidance and coaching to less experienced team members.
• Produce clear reports, conclusions and recommendations.
• Present findings to senior stakeholders, governance committees and reviewers.

Skills and experience you need as Actuarial Manager:

• Experience within a capital modelling function.
• Strong understanding of Solvency II and Internal Models.
• Proven ability to help other team members in delivering goals.
• Significant experience in one or more ofInternal Model Major Change or application activities,Validation of market risk models, orValidation of default risk or credit risk models.
• Experience producing technical documentation.
• Strong analytical, communication and stakeholder management skills.
• Ability to explain complex technical concepts to both technical and non-technical audiences.

At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve Top Employer status in the UK.

Here are some of the benefits you can enjoy at Ageas:

• Flexible Working- Smart Working @ Ageasgives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares. We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
• Supporting your Health- Dental InsuranceHealth Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Mindfulness.
• Supporting your Wealth- 50% off esure and Sheilas' Wheels motor and home insurance, Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
• Supporting you at Work- Well-being activities, mindfulness sessions, Sports and Social Club events and more.
• Supporting you and your Family- Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.
• Benefits for Them- Partner Life Assurance and Critical Illness cover.
• Get some Tech- Deals on various gadgets including Wearables, Tablets and Laptops.
• Getting around- Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
• Supporting you back to work- Returnto work programme after maternity leave.

About Ageas: We are one of the largest car and home insurers in the UK. Our People help Ageas to be a thriving, creative and innovative place to work. We show this in the service we provide to over four million customers.

As an inclusive employer, we encourage anyone to apply. We’re a signatory of the Race at Work Charter and Women in Finance Charter, member of iCAN and GAIN. As a Disability Confident Leader, we are committed to ensuring our recruitment processes are fully inclusive. That means if you are applying for a job with us, you will have fair access to support and adjustments throughout your recruitment experience. If the list does not cover the support you need, please contact our Recruitment Team to discuss how they can help. We also guarantee an interview for applicants with a disability who meet the minimum criteria for the role. For more information, please see Ageas Everyone .

We have a zero-tolerance approach towards any form of harassment during the recruitment process, ensuring that everyone is treated with respect and professionalism.

Our aim is to have great people everywhere in our business and we’re always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we’re open to discussing flexible working, including full-time, part-time or job share arrangements. To find out more about Ageas, see About Us.

You can view the Ageas Group Applicant Privacy Policy here.