Actuarial Model Risk Analyst - Broad Scope & Impact

Banking & Financial Services; Dover; On-site; GBP 60,000 - 80,000; Full time

Job summary

Life Reinsurance in London seeks an Actuarial Model Risk Analyst to join its Model Risk Management team. This role is ideal for a nearly qualified actuary seeking broad exposure across pricing, reporting and R&D, rather than a single area.

You will review and validate actuarial models, assess methodologies and controls, and contribute to management information for senior stakeholders. Bradley Grant at Goodman Masson handles confidential discussions.

Qualifications

• Nearly qualified actuary with life insurance knowledge.
• Strong analytical and technical skills.
• Experience with actuarial models and modelling software.

Responsibilities

• Independently reviewing and validating actuarial models.
• Assessing model methodologies, assumptions, controls and robustness.
• Performing independent baselining and challenging modelling approaches where appropriate.
• Supporting reviews following significant model changes.
• Monitoring remediation actions arising from previous reviews.
• Reviewing model inventory and risk assessments.
• Supporting modelling best practice and stakeholder reporting.

Skills

Actuarial modelling

Model risk management

Analytical skills

Communication skills

Education

Nearly qualified actuary

Tools

Modelling software

Job description

Life Reinsurance in London seeks an Actuarial Model Risk Analyst to join its Model Risk Management team. This role is ideal for a nearly qualified actuary seeking broad exposure across pricing, reporting and R&D, rather than a single area.

You will review and validate actuarial models, assess methodologies and controls, and contribute to management information for senior stakeholders. Bradley Grant at Goodman Masson handles confidential discussions.