Actuary (Structuring & ALM Strategic Programmes) – 28505

The Emerald Group; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a talented professional to support balance sheet optimisation and develop innovative asset structuring solutions. This role involves engaging with senior stakeholders and contributing to business case development for the company's investment strategy. The ideal candidate will have a strong background in actuarial science, knowledge of Solvency 2 regulations, and expertise in financial analysis. Join a dynamic team focused on enhancing the company's asset management capabilities and making a significant impact on investment strategies.

Qualifications

• Fellow of the Institute and Faculty of Actuaries or equivalent required.
• Knowledge of Solvency 2 regulations and capital requirements essential.

Responsibilities

• Support production of business cases for new asset structuring solutions.
• Contribute to the design and requirements for the Balance Sheet Optimisation model.

Skills

Analytical Skills

Stakeholder Engagement

Business Case Development

Financial Analysis

Education

Fellow of the Institute and Faculty of Actuaries

Equivalent Professional Qualification

Tools

Python

Julia

Job description

Support the company's balance sheet optimisation efforts and develop and implement new asset structuring solutions as part of the company's investment strategy.

• Location: London
• Category: Asset and Liability Management
• Type: Permanent

Key Duties (Including but not limited to):

• Support in the production of business cases for potential new asset structuring solutions to support the Company’s annuity investment strategy. This will cover high-level MA and PIM treatment, economic and balance sheet impacts, identifying steps to operationally implement the new asset structuring solutions, and presenting the business case to senior stakeholders.
• Support efforts to expand the Company’s MA portfolio, including performing the necessary analyses and engaging with stakeholders across departments following the appropriate governance process.
• Contribute to the solution design, specification, and setting of requirements for the Company’s Balance Sheet Optimisation model. This will include contributing to the production of detailed plans, model development (in Python and Julia), engagement with stakeholders in the Company’s Asset Management and wider ALM teams, governance, and documentation.

Minimum Requirements:

• Fellow of the Institute and Faculty of Actuaries (or equivalent)
• Knowledge of Solvency 2 regulations and the Matching Adjustment
• An understanding of the workings of an insurance company balance sheet, capital requirements, and rating methodologies for structured assets
• A good understanding of the workings of an insurance company balance sheet