A prominent London Market Insurer is seeking an experienced professional to manage the validation of Internal Models (IM) across multiple entities. This role involves evaluating model processes, governance, and reviewing data, assumptions, and model outcomes.You will coordinate with external validators and lead internal resources within a co-sourcing framework to ensure compliance with regulatory requirements and actuarial standards. Additionally, the role includes overseeing the validation of technical provisions with support from junior team members. Although external validation support will remain in place for the coming years, the company aims to reduce its reliance on external resources, offering a unique opportunity to help build and expand internal validation capabilities, with potential for team growth.To be considered, candidates must be FIA qualified and have significant validation experience within the non-life insurance sector.For more information, please contact as@arthur.
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Lead Model Risk Actuary
Arthur
Posted 19 days ago, valid for 21 days
London, Greater London EC2V 7WS, England
£80,000 - £96,000 per annum
Full Time
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Sonic Summary
- A prominent London Market Insurer is looking for an experienced professional to manage the validation of Internal Models (IM) across multiple entities.
- The role requires evaluating model processes, governance, and reviewing data, assumptions, and model outcomes.
- Candidates must be FIA qualified and have significant validation experience within the non-life insurance sector.
- The position offers a salary of £70,000 to £90,000, depending on experience.
- This opportunity allows for the development of internal validation capabilities while overseeing junior team members.