This range is provided by The Actuary Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Director @ TAG I De-risking executive search for the financial services industry
TAG is currently seeking an experienced PIM Actuary on behalf of our client, a renowned UK life & pensions company. Our client is committed to developing its people and encourages everyone to carve out their own career path by offering the chance to develop new skills and explore new passions. Our client thrives on tackling complex problems. They believe those problems are best solved by diverse teams – diverse in skills, approaches, and backgrounds. Their independence lets their people be themselves and think freely, while working in a collaborative, supportive environment. Our client loves innovative, independent thinking and wants everyone to share their ideas. Their hybrid working model offers the best of both worlds – home working as well as a fun, collaborative office environment - meaning flexible working patterns to accommodate individual needs. Key responsibilities will include: Play a lead role in the development, validation and maintenance of their partial internal model under Solvency II. Design, develop, and enhance partial internal models that adhere to their risk tolerances and are scalable for future growth. Conduct rigorous validation and testing of models to ensure accuracy and compliance with regulatory standards. Analyse large datasets to identify trends, patterns, and insights that inform model assumptions and parameters. Ensure all models comply with Solvency II requirements and other relevant regulatory frameworks. Prepare comprehensive documentation for model development, assumptions, methodologies, and validation processes. Collaborate with internal stakeholders, including risk management, finance, and underwriting teams, to gather requirements and provide insights. Generate regular reports and presentations for senior management. Stay updated with industry trends, best practices, and regulatory changes to continuously improve the internal model. Maintain competence and fitness and propriety standards to the level required by the Company’s regulators. Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct. Experience and Qualifications Qualified Actuary, with minimum of 5 years’ experience in actuarial roles, with a focus on model development and validation. Financial Services (Life industry or Pensions Fund) experience. Experience of the regulatory environment in the UK. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance Industries
Insurance and Employee Benefit Funds
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Director @ TAG I De-risking executive search for the financial services industry
TAG is currently seeking an experienced PIM Actuary on behalf of our client, a renowned UK life & pensions company. Our client is committed to developing its people and encourages everyone to carve out their own career path by offering the chance to develop new skills and explore new passions. Our client thrives on tackling complex problems. They believe those problems are best solved by diverse teams – diverse in skills, approaches, and backgrounds. Their independence lets their people be themselves and think freely, while working in a collaborative, supportive environment. Our client loves innovative, independent thinking and wants everyone to share their ideas. Their hybrid working model offers the best of both worlds – home working as well as a fun, collaborative office environment - meaning flexible working patterns to accommodate individual needs. Key responsibilities will include: Play a lead role in the development, validation and maintenance of their partial internal model under Solvency II. Design, develop, and enhance partial internal models that adhere to their risk tolerances and are scalable for future growth. Conduct rigorous validation and testing of models to ensure accuracy and compliance with regulatory standards. Analyse large datasets to identify trends, patterns, and insights that inform model assumptions and parameters. Ensure all models comply with Solvency II requirements and other relevant regulatory frameworks. Prepare comprehensive documentation for model development, assumptions, methodologies, and validation processes. Collaborate with internal stakeholders, including risk management, finance, and underwriting teams, to gather requirements and provide insights. Generate regular reports and presentations for senior management. Stay updated with industry trends, best practices, and regulatory changes to continuously improve the internal model. Maintain competence and fitness and propriety standards to the level required by the Company’s regulators. Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct. Experience and Qualifications Qualified Actuary, with minimum of 5 years’ experience in actuarial roles, with a focus on model development and validation. Financial Services (Life industry or Pensions Fund) experience. Experience of the regulatory environment in the UK. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance Industries
Insurance and Employee Benefit Funds
#J-18808-Ljbffr
