Arthur is delighted to be partnering with a global insurer in the London Market who are looking for a Risk & Validation Senior Manager to join their well-established Risk Management team. The role reports into the Head of the team and provides the opportunity play a pivotal role in model validation, risk management and business planning/strategy.
Responsibilities Include:
Collaborating with the wider Risk function in performing deep dives, stress and scenario testing, horizon scanning and providing risk opinions - topics include ESG, emerging risks, underwriting, reserving, investments, and operational risk and supports key business decisions and processes, such as strategy, business planning, outwards reinsurance purchases and M&A
Assess the appropriateness of the internal model against the risk profile. This includes assessment of model processes and governance as well as data, assumptions, and model results.
Taking a lead role in ensuring that the validation work meets the relevant regulatory requirements and actuarial standards - this work is seasonal due to the annual regulatory submissions and occasional major model change applications.
Providing effective challenge to quantitative and qualitative aspects of the Internal Model, including design, methodology, parameterisation results
Skills required:
Part or fully qualified actuary with some experience of capital modelling, validation and/or risk management
People management experience and strong stakeholder management
Ability to analyse and interpret detailed financial information, including capital modelling output
Strong written and verbal communication skills to effectively manage senior stakeholders
