Lead Capital Modelling Actuary – 29543

The Emerald Group; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

The Emerald Group in London is seeking a highly autonomous Capital Modelling professional to own the full lifecycle of the capital model, from parameterisation to regulatory submission and reporting.

You will deliver end-to-end model development, lead methodolgy, and mentor junior analysts, with the role based in London and permanent in nature. 7+ years of experience and a formal actuarial qualification are required.

Qualifications

• Minimum 2:1 degree in a highly quantitative field (Mathematics, Physics, Actuarial Science).
• Qualified Actuary (IFoA or equivalent).
• 7+ years of dedicated Capital Modelling experience.
• Demonstrable experience leading model change processes and regulatory submissions.
• Experience in line management and mentoring of junior analysts/students.

Responsibilities

• End-to-end ownership of the capital model: parameterisation, calculation kernel updates, and production runs.
• Prepare data for regulatory returns and execute model validation runs.
• Lead the technical development of the model and ensure consistency with Reserving, Pricing and Exposure Management where possible.
• Mentor junior analysts and manage a small team.

Skills

Leadership

Regulatory reporting

Model validation

Education

2:1 degree in quantitative field

IFoA or equivalent

Job description

Reporting to the Head of Capital Modelling, you operate with high autonomy to deliver the full lifecycle of the capital model: from parameterisation and development to regulatory submission and reporting.

• Location: London
• Type: Permanent

Key Duties (Including but not limited to):

• Entity Model Delivery: End-to-end ownership of the capital model for the assigned entity. Manage parameterisation, calculation kernel updates, and production runs.
• Improve Internal Model use and buy-in within the business.
• Prepare data for regulatory returns. Execute Model Validation runs and investigations requested by the Risk Department.
• Methodology & Consistency: Lead the technical development of the model. Ensure consistency of assumptions with Reserving, Pricing and Exposure Management where possible.
• Education: Minimum 2:1 degree in a highly quantitative field (Mathematics, Physics, Actuarial Science).
• Professional Accreditation: Qualified Actuary (IFoA or equivalent).
• 7+ years of dedicated Capital Modelling experience.
• Demonstrable experience leading model change processes and regulatory submissions.
• Experience in line management and mentoring of junior analysts/students.