FTC – Senior Actuary Risk – 28420

Support the Risk & Compliance department in delivering the desired output of a financial risk nature within the UK Division’s Risk & Compliance Function.

• Location: London
• Type: Fixed Term

Key Duties (Including but not limited to):

• Supporting the Own Risk and Solvency Assessment (ORSA) process and ORSA report (or equivalent) for entities within the UK Division.
• Design and implementation of Stress and Scenario testing (including reverse stress testing), ensuring appropriate alignment with Company exercises.
• Reviewing and analysing the results of the forward-looking solvency assessment, stress and scenario testing and the OSNA exercise to identify conclusions and recommendations.
• Reviewing UK division pricing or underwriting initiatives (e.g., assumptions review, new products, bulk annuity transactions).
• Experience in the life insurance industry.
• Good working knowledge of integrated risk and capital management as part of a wider enterprise risk management framework.
• Deep knowledge and understanding of Solvency II requirements.
• Experience of second line of defence risk oversight activities.