Risk & Controls Leader – Actuarial Modelling & Valuations

Prudential UK Services Ltd; Scotland; Hybrid; GBP 80,000 - 110,000; Full time

Benefits offered by this job

Pension up to 18%

Share Save and Incentive Plan

38 days annual leave + extra days

Job summary

M&G is seeking a leader for Risk and Controls within Actuarial Modelling & Valuations in the UK. You will drive risk-based governance, coordinate control assessments, and partner with Audit, Model Validation and other Risk functions to ensure robust remediation and evidence-driven decisions.

The role offers flexible working arrangements, with a focus on practical governance, stakeholder engagement, and continuous improvement across key business processes.

Qualifications

• Practical experience in Risk Management, Controls, Governance, Model Risk, Audit or a related discipline within regulated financial services, including RCSAs, control assessment, issue management and remediation.
• Ability to work effectively with technical teams and senior stakeholders, supporting teams in operating and evidencing their controls while providing influence and constructive challenge.
• Strong communication and stakeholder management skills, including the ability to explain complex matters clearly to senior and committee audiences, and engage effectively with reviewing teams.

Responsibilities

• Lead and coordinate Risk and Controls activities across Actuarial Modelling & Valuations, with clear priorities, ownership and dependencies.
• Lead or support regulatory, audit and governance commitments, taking ownership of complex or emerging matters and establishing clear plans for proportionate remediation and sustainable resolution.
• Maintain and enhance proportionate frameworks, policies, standards and governance arrangements within the remit of the role.
• Coordinate and constructively challenge Risk & Control Self-Assessments, Key Control Assessments, issues, events and remediation plans, with appropriate ownership, timely resolution and closure evidence.
• Oversee policy compliance, attestations, inventory management, risk appetite monitoring and reporting, including periodic quality review of key activities.
• Partner with Financial Controls, Model Validation, other Risk functions, Internal and External Audit, and other reviewers to support the timely and proportionate closure of findings and continued improvement.
• Lead the Risk Champion network, building capability through practical guidance, coaching and knowledge-sharing and helping embed effective behaviours across the function.
• Identify opportunities to simplify and improve processes while balancing risk management, business needs and operational practicality.

Skills

Risk management

Governance

Model risk

Audit

RCSAs

Control assessment

Issue management

Remediation

Stakeholder management

Communication

Job description

M&G is seeking a leader for Risk and Controls within Actuarial Modelling & Valuations in the UK. You will drive risk-based governance, coordinate control assessments, and partner with Audit, Model Validation and other Risk functions to ensure robust remediation and evidence-driven decisions.

The role offers flexible working arrangements, with a focus on practical governance, stakeholder engagement, and continuous improvement across key business processes.