Associate and Engagement Manager – FRIAM (Finance & Risk for Insurers and Asset Managers) – 26881

The Emerald Group; London; On-site; GBP 60,000 - 80,000

Job description

The role will focus on managing projects. You will lead the team through an efficient and effective problem-solving process from the initial thought process through convergence on a solution. You will ensure that recommendations are appropriate, practical, sensible, relevant, and cohesive.

• Location: London
• Category: Actuarial/ Insurance/ Asset Management/ Consulting
• Type: Permanent

Key duties (including, but not limited to):

• Supporting a leading specialist insurer with their Solvency II internal model development and regulatory approval, thereby saving them capital of ~15% of their standard formula level.
• Driving efficiencies and effectiveness of an Insurance group’s ALM and Investment processes through improvements in their measurement framework and operating model.
• Streamlining of an insurer’s stress and scenario testing approach to drive efficiency gains and a more robust process, ultimately driving better outcomes in a more timely way.
• Benchmarking and improvement of an insurer’s approach to credit risk measurement, with a focus on non-standard and illiquid assets, within their Solvency II models.
• Redesign of an Insurance Group’s Finance operations with a view to reducing duplication and streamlining the number of discrete teams at different layers in the organisation.
• Development of a Transformation Risk Management framework for a global Financial Services conglomerate.

Minimum Requirements:

• Undergraduate or advanced degree from a top academic program.
• Minimum of 3 years of relevant experience, ideally with a top-tier consulting firm or large insurer (or other similar organizations).
• Knowledge of finance and/or risk management topics, including technical aspects such as Solvency II internal models and ORSA.
• Strong background in problem-solving with demonstrable analytical skills.
• Outstanding written and oral communication skills in both formal and informal settings.