Opportunity for an individual with strong technical investment or actuarial background to join a rapidly growing international Funded Reinsurance solution area within the Savings & Retirement Division of the Company.
Overview
Key duties (including, but not limited to):
- Developing ALM framework for managing investment risks of the fast-growing portfolio, including credit, interest rates, currency and liquidity risks
- Working on developing hedging strategies and structuring solutions for new reinsurance deals as a part of the wider team.
- Developing alternative hedging strategies for future new business, including hedging currency and interest rates risks.
- Defining requirements and supporting developing ALM software within the team
Experience required:
- Strong technical skills necessary to model and interpret the impact of market changes on assets and liabilities.
- Good working understanding of the main risks – interest rates, FX, credit, liquidity. Understanding how these risks impact insurance balance sheet would be useful but can be developed on the job.
- Ability to work independently and critically review numbers coming out of models, understanding what drives changes, sense-checking results (or for less experienced candidates – willingness to develop this skill)