Manager – Actuarial Risk Modelling

Oliver James Group; Greater London; Hybrid; GBP 85,000 - 140,000; Full time

Job summary

Oliver James Group is seeking a Manager – Actuarial Risk Modelling in City of London. You will join the Group Risk Modelling team to deliver technical modelling across IFRS 17, capital, and risk areas.

The role offers exposure to Solvency II/SCR, stochastic modelling, and model validation, with opportunities to work with an international actuarial team and APAC operations.

Qualifications

• Recently qualified Life Actuary or close to qualification.
• Strong technical modelling background across capital, risk and IFRS17.
• Experience with Solvency II / SCR and stochastic modelling.
• Ability to develop and calibrate complex models and explain methodology.

Responsibilities

• Work with senior actuarial leadership on technical modelling activity.
• IFRS 17 liquidity premium modelling and calibration, capital and economic risk.
• Model development, methodology and validation across the Group.
• Support APAC operations and provide technical guidance to the team.

Skills

Capital modelling

Risk modelling

Stochastic modelling

Market risk

Credit risk

Model development

Calibration

R

MATLAB

Python

VBA

Excel

Education

Recently qualified Life Actuary

Tools

R

MATLAB

Python

VBA

Excel

Job description

# Manager – Actuarial Risk ModellingJob Search Manager – Actuarial Risk ModellingSalary£NegotiableLocationCity of London, London, UKContractPermanentIndustryLife Insurance---ContactNaomi [e-mail] NowA leading international life insurer is looking for a recently qualified Life Actuary to join its Group Risk Modelling team.This is a highly technical opportunity for someone looking to build their career across capital, risk and actuarial modelling, with genuine scope to develop and take ownership.### The RoleYou will work closely with senior actuarial leadership across a range of technical modelling activity, including:* IFRS 17 liquidity premium modelling and calibration* Capital and economic risk modelling* Market and credit risk modelling* Stochastic modelling and calibration* Model development, methodology and validation* Solvency II and balance sheet modelling* Technical modelling projects across the Group* Supporting the organisation’s growing APAC operations* Working with and providing technical guidance to an international actuarial team### About YouWe are looking for a recently qualified Life Actuary, or someone close to qualification, with a strong technical modelling background.Ideally, you will have experience across areas such as:* Capital or risk modelling* Solvency II / SCR* Stochastic modelling* Market or credit risk* Model development and calibration* R, MATLAB, VBA, Python, Excel or similarMost importantly, you will enjoy getting into the detail of how models work and be comfortable developing, challenging and explaining technical methodology.APAC experience is useful but not essential. The ability to learn new technical and regulatory requirements is more important.### Why This Role?This is a great opportunity to develop quickly within a technically demanding environment, working closely with senior actuarial leadership and gaining international exposure through the growing APAC agenda.You’ll have the opportunity to build expertise across capital, risk, IFRS 17 and stochastic modelling while taking genuine ownership of technical work.If you’re a recently qualified actuary looking for a more technical modelling-focused next step, I’d be keen to speak with you and share more about the role.