Investment Risk Specialist - Capital Solutions

Pacific Life Re; London; On-site; GBP 55,000 - 85,000; Full time

Job summary

A leading company in financial reinsurance is seeking an Investment Risk Specialist to join their Capital Solutions team. This role involves assessing market risks, analyzing opportunities, and collaborating on client strategies. Candidates should have strong analytical skills, a solid understanding of market dynamics, and experience in a global environment. The position offers competitive benefits, emphasizes work-life balance, and supports professional development.

Benefits

25 days annual leave with buy/sell options

Comprehensive private insurance coverage

15% combined contributions for retirement

Subsidized gym membership

Cycle to work scheme

Charitable matching of donations

Qualifications

• 5+ years of experience in an investment team.
• Global experience in markets preferred.
• Strong knowledge of derivatives and investment structures.

Responsibilities

• Lead market risk assessments for Capital Solutions.
• Collaborate on structuring innovative client solutions.
• Monitor global financial markets and analyze impacts.

Skills

Problem-solving

Market risk analysis

Communication skills

Asset risk understanding

Education

CFA

Tools

Bloomberg

Job description

Job Title

Investment Risk Specialist - Capital Solutions

Job Description

Capital Solutions is the newest line of business that Pacific Life Re offers to support clients. We are providing financial reinsurance to clients to enhance their balance sheet, either through accessing trapped capital, reducing earnings volatility or monetising value that currently sits off balance sheet.

The Pricing team operate globally and are responsible for carrying out the risk assessment of each deal, alongside proposing appropriate pricing levels to cover this risk. They will also contribute to the structuring of the deals and client conversations.

The transactions will typically be of a bespoke nature, covering a range of products and risks across the world. The Capital Solutions team sits alongside the Protection and Savings & Retirement teams to offer a full comprehensive product suite to clients.

We have an exciting opportunity for an individual who specialises in investment risk to complement our current team’s skills.

Role & Responsibilities:

• Lead the assessment of market risk, providing expert insights and recommendations, for Capital Solutions opportunities, whilst ensuring alignment with Pacific Life Re’s risk appetite
• Collaborating with the wider Capital Solutions / PL Re team to structure innovative solutions that meet clients’ needs while effectively managing market risk
• Conduct in-depth analysis of potential opportunities, evaluating factors such as counterparty creditworthiness, prevailing market conditions and the underlying asset portfolio
• Perform robust sensitivity testing on assets to understand the remoteness of risk, potentially leveraging Economic Scenario Generators to inform the analysis
• Monitor global financial markets closely, translating and explaining market changes and their potential impact on our solutions
• Contribute to the development and refinement of the business lines risk appetite and framework for market risk, ensuring a robust and proactive approach

Qualifications & Experience:

• Strong technical and problem-solving skills necessary, with the ability to work on a wide range of solutions at once
• Global experience preferred; ideally Asia / Europe (wider than UK)
• Ability to run asset models and interpret results. Prior experience in pricing / insurance is not required, but broad understanding of asset risks & strategies for liability driven investments is desirable
• Strong working knowledge of Bloomberg and asset modelling software
• Good knowledge of derivatives and investment structures used to support insurance liabilities
• Professional qualifications (ideally CFA) with 5+ years of professional experience in an investment team
• Ability to work independently in a flexible, dynamic team with some high-pressure deadlines
• Excellent understanding of market risks (interest rates, FX, credit spread, liquidity, equity) and various asset classes (equities / fixed income securities / alternatives)
• Excellent communication skills with the ability to effectively explain new concepts to stakeholders and collaborate with other teams around the business

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

• 25 days of annual leave with option to buy/sell more days

• Adoption and fertility leave

• Generous enhanced parental leave

Healthcare

• Comprehensive private insurance coverage for employee and dependents

• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary

• Optical benefits

Savings & Retirement

• 15% combined employee/employer contributions

Wellness

• Subsidized gym membership

• Access to Employee Assistance Program

• Cycle to Work and Electric Car Salary Sacrifice Scheme

• Time off for volunteering

• Charitable matching of employee donations

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

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