Senior Manager of Financial Risk Management

Irish Life; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a strategic leader in Financial Risk Management to guide senior stakeholders with risk advice and insights. This role involves leading a dynamic team to deliver critical reports, streamline processes, and evaluate financial risks. With a focus on collaboration and communication, you'll engage with cross-functional teams and prepare executive materials that influence investment strategies. Join a forward-thinking company committed to diversity and employee development, where your expertise will shape the future of financial risk management.

Qualifications

• Qualified Actuary or relevant professional qualification/degree required.
• Strong analytical and problem-solving skills are essential.

Responsibilities

• Lead a team delivering quarterly reports to committees and regulatory bodies.
• Evaluate hedging strategies and monitor for Great-West Lifeco’s products.

Skills

Analytical Skills

Communication Skills

Project Management

Coaching and Mentoring

Problem-Solving Skills

Education

Qualified Actuary

Relevant Professional Qualification/Degree

Tools

Liability Cashflow Modelling

ALM (Asset Liability Management)

IFRS 17

Job description

Closing date: 8th May

Location: London

A unique opportunity in our Financial Risk Management team to apply your strategic business acumen, technical expertise, and strong communication skills to develop guidance and risk advice for senior stakeholders.

Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management, and reinsurance businesses. We operate in Canada, the US, and Europe under the brands Canada Life, Empower, and Irish Life. As of 2019, our companies had approximately 24,000 employees, 197,000 advisor relationships, and thousands of distribution partners, serving over 31 million customer relationships across these regions.

The Financial Risk Management team provides independent advice to senior management and the Board of Directors, supporting oversight of market, credit, liquidity risks, and investment strategies across our group. Our team is fast-growing and dynamic, encouraging diverse knowledge, experience, and skills, and supporting your development and excellence in all areas of your role.

What you will do:

1. Lead a team responsible for delivering quarterly reports to various committees and regulatory bodies, including analytical support related to financial risk measurement methodologies and internal business strategies.
2. Review credit, market, and liquidity risk reports and streamline reporting processes.
3. Apply analytics to generate insights specific to financial risks and global capital markets, informing investment and risk strategies.
4. Prepare executive and Board-level materials, effectively communicating technical concepts.
5. Coordinate with cross-functional areas to ensure timely and high-quality preparation of materials for executives and the Board.
6. Prepare for regulatory meetings, attend these meetings, and coordinate resulting actions.
7. Evaluate hedging strategies and monitor hedging for Great-West Lifeco’s products.
8. Lead key financial risk initiatives related to emerging risks, acquisitions, and regulatory changes.
9. Monitor business activities and external developments affecting the company's risk profile.
10. Develop a strong understanding of internal risk measurement and management strategies to identify opportunities for enhancements.
11. Build strong relationships with internal stakeholders across our global business.

What you will bring:

• Qualified Actuary or relevant professional qualification/degree.
• Knowledge of life insurance products, liability cashflow modelling, ALM, IFRS 17.
• Excellent interpersonal and communication skills.
• Effective participation in cross-functional and cross-regional teams.
• Proactive, self-directed, with multitasking ability.
• Experience in coaching, mentoring, and project management.
• Ability to present complex technical concepts clearly.
• Strong analytical and problem-solving skills.
• Knowledge of market, liquidity, and credit risks, investments, LICAT, and ORSA is an asset.

Great-West Lifeco is a Canadian-headquartered, international financial services holding company operating in Canada, the US, and Europe under the brands Canada Life, Empower, and Irish Life. As of 2023, we employ over 33,500 people, with 232,000 advisor relationships, serving approximately 42 million customers.

We are committed to an inclusive, accessible environment where all employees and customers feel valued and supported. We strive to reflect community diversity in our workforce and to provide equal opportunities for all.

Applicants requesting accommodations during the application process should contact [e-mail]. Only qualified candidates will be contacted for an interview.