Manager, Asset Liability Management, Actuarial Systems

Goodman Masson; London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading global reinsurer in London seeks an Actuarial ALM Modelling Manager to lead the design and optimization of asset models. The ideal candidate will have over 5 years of experience in ALM, strong modelling skills, and be proficient in FIS Prophet. This role offers the chance to shape ALM tools while collaborating with teams across Europe, Asia, and North America. A supportive environment valuing innovation awaits the successful applicant.

Qualifications

• 5+ years of experience in actuarial roles, preferably in ALM.
• Experience in asset modelling and investment-linked products.
• Passion for technical modelling and decision-making.

Responsibilities

• Lead design, build, and optimization of ALM and asset models.
• Support and enhance modelling tools for pricing and capital management.
• Collaborate with teams globally and support strategic initiatives.

Skills

Strong modelling background

Hands-on experience with FIS Prophet

Programming/scripting skills

Confident communication skills

Education

Qualified life actuary or equivalent

Tools

FIS Prophet

Python

SQL

VBA

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 necessity and other coding skills in platforms like VBA are acceptable too
• Broader programming/scripting skills a plus – Python, SQL, VBA, RA
• 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.