Director of Financial Risk Management | London, UK

Canada Life Limited; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

Join a dynamic Financial Risk Management team at an established international financial services firm. This role offers a unique opportunity to leverage your strategic business acumen and technical expertise in a collaborative environment. You will lead initiatives on risk reporting, develop insights on financial risks, and communicate complex concepts to senior stakeholders. The company values diversity and inclusion, fostering a supportive atmosphere for all employees. If you are proactive, self-directed, and eager to make an impact, this position is perfect for you.

Qualifications

• Qualified Actuary or relevant professional qualification required.
• Knowledge of life insurance products and risk management essential.

Responsibilities

• Lead quarterly reporting and analytical support for risk measurement.
• Prepare technical material for executives and coordinate cross-functional teams.

Skills

Analytical Skills

Communication Skills

Problem-Solving Skills

Project Management

Interpersonal Skills

Education

Qualified Actuary

Relevant Professional Qualification

Tools

Cashflow Modeling

ALM

IFRS 17

Job description

Closing date: 8th May
Location: London

A unique opportunity in our 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.

Great-West Lifeco is an 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 US, and Europe under the brands Canada Life, Empower, and Irish Life. As of 2019, our companies employed approximately 24,000 people, served 197,000 advisors, and partnered with thousands of distribution channels, reaching over 31 million customers.

The Financial Risk Management team provides independent advice to senior management and the Board of Directors, supporting oversight of market, credit, liquidity risks, and investment strategies across our group. Our team is expanding and dynamic, offering opportunities to develop diverse skills and knowledge.

What you will do:

1. Lead a team responsible for quarterly reporting to committees and regulators, including analytical support on risk measurement methodologies and business strategies.
2. Review and streamline credit, market, and liquidity risk reports.
3. Use analytics to generate insights on financial risks and global capital markets to inform strategies.
4. Prepare and communicate technical material for executives and the Board.
5. Coordinate with cross-functional teams to ensure timely, high-quality deliverables.
6. Prepare for and attend regulatory meetings, managing subsequent actions.
7. Evaluate hedging strategies and monitor hedges for our products.
8. Lead initiatives on emerging risks, acquisitions, and regulatory changes.
9. Monitor external developments affecting our risk profile.
10. Develop understanding of internal risk measurement strategies to identify improvement opportunities.
11. Build strong relationships with internal stakeholders globally.

What you will bring:

• Qualified Actuary or relevant professional qualification.
• Knowledge of life insurance products, cashflow modeling, ALM, IFRS 17.
• Excellent communication and interpersonal skills.
• Ability to participate effectively in cross-regional teams.
• Proactive, self-directed, capable of multitasking.
• Experience in coaching, mentoring, and managing projects.
• Ability to explain complex concepts clearly.
• Strong analytical and problem-solving skills.
• Knowledge of market, liquidity, credit risk, investments, LICAT, and ORSA is advantageous.

Great-West Lifeco is a Canadian-headquartered company operating in Canada, the US, and Europe under the brands: Canada Life, Empower, and Irish Life. As of 2023, we employed over 33,500 people, served 42 million customers, and maintained extensive advisor and partner networks.

We are committed to diversity and inclusion, providing an accessible environment where all employees and customers are valued and supported. We aim to reflect the communities we serve and ensure equal opportunities for all.

For accommodations during the application process, contact [e-mail]. Only qualified applicants will be contacted for an interview.