Senior Model Risk Lead – Actuary (London)

Pacific Life Re; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading financial institution in London is seeking an AVP for Model Risk to lead a dedicated team overseeing model risk across various platforms. The ideal candidate will be a qualified Actuary with extensive experience in actuarial modeling and validations, ideally within the Life Reinsurance sector. This role offers competitive benefits, a healthy work-life balance, and opportunities to influence senior management decisions.

Benefits

25 days of annual leave with option to buy/sell more days

Comprehensive private insurance coverage

Subsidized gym membership

Charitable matching of employee donations

Qualifications

• Strong post-qualified experience as an Actuary.
• Good understanding of risk and control frameworks.
• Strong knowledge of different reporting bases (BMA, US GAAP, IFRS17, Solvency II).

Responsibilities

• Lead comprehensive validations across various models.
• Collaborate with subject experts for business impact.
• Present actionable findings to senior leaders.

Skills

Actuarial modeling

Model validations

SQL

R

Tableau

Influencing senior leaders

Education

Qualified Actuary (FIA or equivalent)

Experience in Life (Re)insurance industry

Tools

Tyche

Job description

A leading financial institution in London is seeking an AVP for Model Risk to lead a dedicated team overseeing model risk across various platforms. The ideal candidate will be a qualified Actuary with extensive experience in actuarial modeling and validations, ideally within the Life Reinsurance sector. This role offers competitive benefits, a healthy work-life balance, and opportunities to influence senior management decisions.