Director of Financial Risk Management

Irish Life Group Services Limited; London; On-site; GBP 70,000 - 110,000; Full time

Job summary

Join a forward-thinking company as a Senior Manager of Financial Risk Management, where you will leverage your strategic business acumen and technical expertise to guide senior stakeholders in navigating financial risks. This dynamic role involves leading a team to deliver insightful analytics, streamline reporting processes, and prepare high-quality materials for executive meetings. You will play a crucial role in shaping risk strategies across a global team, ensuring that the organization remains resilient in the face of market challenges. With a commitment to diversity and inclusion, this is an opportunity to thrive in a supportive environment that champions your career growth.

Qualifications

• Qualified Actuary or relevant degree required.
• Strong knowledge of life insurance products and ALM.

Responsibilities

• Lead team for quarterly financial risk reporting.
• Evaluate hedging strategies and monitor risks.
• Prepare executive materials and communicate effectively.

Skills

Strategic Business Acumen

Technical Expertise

Communication Skills

Analytical Skills

Problem-Solving Skills

Interpersonal Skills

Project Management

Education

Qualified Actuary

Relevant Professional Qualification

Job description

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Title: Senior Manager of Financial Risk Management

Location:

London, GB

Company: CLFIS Limited

Description:

Closing date: 8th May

Location: London

A unique opportunity in our global Financial Risk Management team to apply your strategic business acumen, technical expertise and strong communication skills to develop guidance and risk advice for senior stakeholders.

The Financial Risk Management team provides independent advice to senior management and the Board of Directors, and helps to support the oversight of market, credit and liquidity risks, and investment strategies across our group of companies. We operate as a central function, in a global team across UK, Ireland and Canada. Our team is fast-growing and dynamic, enabling you to draw upon a diverse range of knowledge, experience and skills. We will continually encourage you to develop and excel in all areas of your role.

Great-West Lifeco Inc is a Canadian headquartered, international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the United States, and Europe under the brands: Canada Life, Empower and Irish Life. At the end of 2023, our companies had over 33,500 employees, 232,000 advisor relationships, and thousands of distribution partners – serving approximately 42 million customer relationships across these regions.

What you will do:

You will play a key role in supporting the management of the Company’s financial risk framework by:
- Leading a team responsible for delivering quarterly reporting to various committees and regulatory bodies, as well as analytical support related to financial risk measurement methodologies and internal business strategies.
- Reviewing credit, market, and liquidity risk reports and streamlining the reporting process.
- Applying analytics to generate insights specific to financial risks and global capital markets and to help inform investment and risk strategy.
- Preparing executive and Board-level material while effectively communicating technical concepts.
- Supervise coordination with cross-functional areas to ensure preparation of executive and Board-level material completed on time and to high degree of quality.
- Preparing for regulatory meetings, attending meetings, and coordinating resulting actions.
- Evaluating hedging strategies and hedge monitoring for Great-West Lifeco’s product offerings.
- Leading key financial risk initiatives related to current and emerging financial risks, proposed acquisitions, and regulatory change.
- Monitoring business activities and external developments that would materially alter the company's risk profile Building strong understanding of internal strategies to measure and manage financial risks to effectively challenge and identify opportunities for enhancements.
- Forming strong working relationships with internal stakeholders across our global business.

What you will bring:
- Qualified Actuary or other relevant degrees or a relevant professional body qualification.
- Knowledge of life insurance product offerings, liability cashflow modelling, asset-liability management (ALM)
- Excellent interpersonal and communication skills
- Participates effectively in cross-functional and cross-regional teams
- Proactive and self-directed with the ability to complete several tasks concurrently
- Coaching / mentoring direct reports and managing projects to ensure deadlines are met
- Presents complex technical concepts to a range of audiences
- Keen eye for detail and superior analytical and problem-solving skills
- An asset to have knowledge of market, liquidity, and credit risk, investments, Solvency II, LICAT, or ORSA

Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO and is a member of the Power Corporation group of companies.

Being a part of our organization means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You are part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employeehas the opportunity toreach their potential.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies.

To request a reasonable accommodation in the application process, contact [e-mail].

Wewould like to thank all applicants, however only those who qualify for an interview will be contacted.

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