Manager, Asset Liability Management, Actuarial Systems

Banking & Financial Services; London; On-site; GBP 100,000 - 120,000; Full time

Job summary

A leading global reinsurer in London is seeking an Actuarial ALM Modelling Manager to lead the design and optimisation of asset liability models. This newly created position offers the opportunity to shape the role and contribute to strategic decision-making. Ideal candidates will have 5+ years of experience in ALM with strong modelling skills, programming expertise, and the ability to communicate effectively across teams.

Qualifications

• 5+ years’ experience in ALM or investment modelling.
• Strong modelling experience focused on assets.
• Proficiency in programming and scripting languages.

Responsibilities

• Lead design and optimisation of ALM models.
• Enhance modelling tools across pricing and capital management.
• Collaborate globally with ALM, Risk, IT and Actuarial teams.

Skills

Qualified life actuary

Strong modelling background

Hands-on experience with FIS Prophet

Programming skills in Python

Confidence in communication

Education

Qualified actuary

Tools

FIS Prophet

VBA

Python

SQL

R

Job description

• Actuarial ALM Modelling Manager – Global Life Reinsurer | London | Up to £120,000 + Bonus

  We’re partnered with a global reinsurer that’s doing things differently – putting innovation, efficiency, and asset expertise at the heart of their actuarial strategy. They’re forward-thinking, well-funded, and serious about making their actuarial systems a real strategic advantage.

  Right now, they’re building out a brand new technical specialist role – a Manager focused on Asset Liability Modelling (ALM). This sits within their global Actuarial Systems function and offers the chance to shape how ALM tools support business-critical decisions.

  Why this role stands out:

  • It’s a newly created position, meaning you’ll have the space to shape the role, build from a solid foundation, and bring in your own ideas

  • It’s asset-heavy – ideal for someone who’s deeply interested in ALM, investment modelling, and how assets and liabilities interact

  • You’ll report into the AVP, ALM Lead, who’s part of a leadership team led by the VP of Actuarial Systems & Projects, alongside Delivery, Architecture and Project Leads

  • It’s global – your work will support pricing and in-force teams across Europe, Asia and North America

  This team is focused on technical excellence and smart innovation – and this hire is a key part of that strategy.

  What you’ll do:

  • Lead on design, build and optimisation of ALM and asset models

  • Support and enhance modelling tools used across pricing and capital management

  • Collaborate with ALM, Risk, IT and Actuarial teams globally

  • Identify and implement model and process improvements – automation, performance and control

  • Support strategic initiatives that link asset modelling with wider business priorities

  • Be a technical SME in ALM, providing deep insight and hands-on expertise

  What they’re looking for:

  • Qualified life actuary (or equivalent) with 5+ years’ experience

  • Strong modelling background with focus on assets, ALM or investment-linked products

  • Hands-on experience with FIS Prophet –especially ALS or US360 libraries – although this isn’t a neccesity and other coding skills in other platforms is ok too (including VBA)

  • Broader programming/scripting skills a plus – Python, SQL, VBA, R

  • A passion for technical modelling, optimisation and asset-heavy decision-making

  • Confident communicator who can work across actuarial and non-actuarial teams

  The opportunity:

  This is an excellent fit for someone who enjoys the technical side of actuarial work, particularly in the ALM and investment space. You’ll get exposure to global business lines, modern tech, and a supportive environment that values innovation and continuous improvement.

  If you’re ready to take on a visible role with real influence and technical depth – let’s talk.