Hybrid Credit Modelling Actuary

Standard Life plc; Telford; Hybrid; GBP 86,000 - 105,000; Full time

Benefits offered by this job

Private medical cover

Pension plan

38 days annual leave

Life assurance

Job summary

Standard Life plc seeks a qualified actuary to support the Solvency II Internal Model for credit risk, working with Asset Management, Risk and Finance to improve capital efficiency across the business.

You will lead calibration activities, governance, and cross-team collaboration while embedding the model into day-to-day decision making. A flexible hybrid work model and UK offices are available.

Qualifications

• Qualified actuary with knowledge of credit risk capital models and illiquid assets
• Strong knowledge of Solvency II requirements and Internal Model methodologies
• Experience in risk, capital management and life insurance environments

Responsibilities

• Support development of the Solvency II Internal Model for credit risk
• Manage calibration and validation of the credit model with governance
• Promote use of credit risk capital model across the business
• Collaborate to develop capital methodologies for new asset classes
• Enhance calibration and application of credit capital intensity factors

Skills

Credit risk models

SII knowledge

Stakeholder management

Team collaboration

Problem solving

Education

Actuarial qualification

Tools

Python

VBA

Job description

Standard Life plc seeks a qualified actuary to support the Solvency II Internal Model for credit risk, working with Asset Management, Risk and Finance to improve capital efficiency across the business.

You will lead calibration activities, governance, and cross-team collaboration while embedding the model into day-to-day decision making. A flexible hybrid work model and UK offices are available.