Looking for a Treasury Actuary to join their Treasury Actuarial team and support the delivery of asset modelling methodology and systems, market risk modelling and management, short-term liquidity risk modelling and management, DB scheme transaction support, and other initiatives.
Overview
Key duties (including, but not limited to):
- Provides actuarial technical support to develop, maintain and document the Company asset modelling methodology, including IFRS Level 3 assets and limited-price-indexation (LPI) linked assets valuations and validations
- Owns the technical development and maintenance of the LPI projection model and other market yield curve infrastructure
- Supports and explains the IFRS Level 3 asset valuation differences between the Company and asset managers where applicable
- Provides actuarial technical support to model short-term liquidity risk and the management of it
- Provides quantitative analysis of each regulated insurance entity’s inflation and currency matching position and recommends actions to ensure appropriate hedging
Qualifications required:
- A qualified actuary with experience at a life insurance company. The ideal candidate would have recent experience in the Investments, Reporting or Treasury area
Experience required:
- Experience in financial markets, in particular corporate bonds/loans, and risk mitigation techniques involving financial derivatives are highly desirable
- Understanding of fixed income assets and derivatives and their dynamics with life insurer balance sheets and Solvency II requirements
- Knowledge of insurance products and markets, including UK reporting regulations, ideally with experience in DB scheme transactions
- Excellent knowledge of Excel and VBA and potentially other financial modelling software