MODEL RISK MANAGER, DIVISIONAL | 30167

The Emerald Group Ltd, Search and Selection; Greater London; Presencial; GBP 70.000 - 110.000; Jornada completa

Descripción de la vacante

The Emerald Group Ltd, Search and Selection is seeking an experienced actuarial professional to lead independent reviews of actuarial models and support model risk governance. The role requires handling complex technical work, ensuring documentation and testing standards, and presenting findings to senior leaders.

Qualified actuary with 3+ years post-qualification experience is essential. You will guide remedial actions and drive modelling practice alignment across the organisation.

Formación

• Qualified actuary with at least three years’ broad post-qualification actuarial experience.
• Ability to exercise independent judgement, challenge methodologies and explain evidence-based views clearly.
• Experience leading complex technical work with governance, controls, documentation and testing standards.

Responsabilidades

• Scheduled independent reviews of actuarial models
• Targeted reviews in response to business requests or major model change
• Monitoring and reviewing progress on remediation actions
• Develop and deliver model risk information for business leaders
• Identify recurring model risk themes and support governance initiatives
• Present findings to model owners and senior leaders
• Deputise for team lead and represent model risk team at forums
• Drive alignment of modelling practices and standards across the organisation
• Serve as a subject matter expert for model stakeholders

Conocimientos

Actuarial modelling

Governance

Leadership

Educación

Qualified actuary

Descripción del empleo

Overview

Key responsibilities including but not limited to the following:

• Scheduled independent reviews of actuarial models
• Targeted reviews in response to specific business requests, operational events or major model change
• Monitoring and reviewing model owners’ progress in addressing agreed remediation actions from previous reviews
• Develop and deliver model risk management information for business leaders
• Identify recurring model risk themes and support strategic model risk, governance and process improvement initiatives
• Present findings and recommendations clearly to model owners, senior leaders and wider business stakeholders
• Take accountability for complex reviews and strategic initiatives, coordinating reviewers and stakeholders and ensuring delivery to agreed scope, quality and timescales
• Support the development of junior colleagues and coach them with their career goals
• Deputise for the team lead and represent the model risk team at project steering committees, working groups and other forums
• Drive alignment of modelling practices and standards across the wider organisation
• Serve as a subject matter expert and trusted advisor for model stakeholders across the organisation

Qualifications Required

• Qualified actuary with at least three years’ broad post-qualification actuarial experience

Experience Required

• Substantial experience in actuarial modelling, model validation or risk oversight, including independently leading complex technical work
• Direct experience of effective governance, control design, documentation, testing and review standards for actuarial models
• Ability to exercise independent judgement, constructively challenge methodologies and practices, and explain evidence-based views clearly
• Experience planning and delivering technical review work across competing priorities
• Excellent report writing and review skills
• Direct management experience
• Direct experience of delivering strategic model change and/or process improvement
• Direct experience of working within a model valuation and reporting team, pricing team and research and development team.