Oliver James Associates are supporting a leading FTSE Listed organisation in their strategic recruitment for a Risk Modelling Actuary.
The Risk Modelling team are responsible for the annual calibration of market and operational risks, as well as the dependency structure between risks, which includes collecting data, refreshing analyses, understanding changes, rationalising judgements and presentation to senior stakeholders. The team undertake on-going development to the methodology and tools which underpin the calibration.
As a Risk Modelling actuary, you will be responsible for maintaining and enhancing controls to support improvement of the overall control environment, customers outcomes and a reduction in operational risk. You will continue with the development and calibration of risk models and simulation engines within the Solvency II Internal Capital Model.
- The production of monthly market data packs, with responsibility for delivering accurate and timely reports to end users across the organisation.
- The annual refresh of Group-wide Operating Standards for the production of Solvency II regulatory capital, including ensuring these keep up to date with change in the regulatory environment.
The organisation are seeking a Nearly/Newly Qualified Actuary with up to 2 years post-qualified experience.