SST Actuary

pmactuarial; Greater London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading actuarial recruitment firm is seeking a Capital / Risk Senior Actuary based in Greater London. The role involves establishing the overall approach to stress and scenario testing for a specialist BPA provider, working closely with Risk and finance teams. Ideal candidates will be qualified actuaries with strong knowledge of Asset Liability Management (ALM) and various balance sheets including IFRS and Solvency II. This position promises significant engagement in regulatory activities and influential collaboration across departments.

Qualifications

• Extensive experience in an actuarial role, particularly in risk management.
• In-depth understanding of various balance sheets including IFRS and Solvency II.
• Strong analytical skills with the ability to stress test balance sheets.

Responsibilities

• Establish the company's approach to stress and scenario testing.
• Work closely with Risk and coordinate regulatory SST activities.
• Collaborate with finance teams on various deliverables.

Skills

Qualified Actuary

Knowledge of ALM or Economic Capital

Knowledge of IFRS

Knowledge of Solvency II

Knowledge of MCEV

Job description

pmactuarial specialise in Actuarial search within UK Life insurance. We have been asked to find a Capital / Risk senior Actuary on behalf of a specialist BPA provider.

The purpose of the role is toestablish the companies overall approach to stress and scenario testing including :

• How they stress all balance sheets under specific single stress and common joint stresses The available management actions, when and how to apply them and the expected impact of applying such actions Key working assumptions and limitations of approaches taken.

The role holder will work closely with Risk, plan and coordinate and deliver regulatory SST activities which include ORSA, PRA Market Risk Sensitivities and LIST. You will also work closely with the business partnering and finance teams.

The ideal candidate will be an experienced qualified Actuary with a good knowledge of ALM or Economic Capital. You will also have an in-depth knowledge of different balance sheets ( IFRS, Solvency II and MCEV).