Capital Modelling Manager or Analyst

Our client is a small but dynamic institution based in central London in a niche market that are looking to add a part qualified or newly qualified actuary to their team. You will be responsible for completion of the capital requirements calculation tool for Solvency II based upon Standard Formula, completion of the Treasury Model that calculates the impact of Solvency II, completion of the capital management MI, delivery of capital calculations for both Solvency II dry-runs. You will report to the Head of Modelling Strategy and have responsibility for one student.

Life & Health

London

Up to £80,000 + bonus + benefits

Ref:AJW5197

Algorithmics project manager

Our client is a major international insurer that are looking to implement algorithmics for Solvency II. They are looking for an actuary or similarly qualified individual who can take responsibility for building a team, managing projects and delivering to deadlines. The role reports to the head of Solvency II. You will need to be strong at solving complex problems and ideally have good excel, VBA, C++ and Matlab experience. Strong financial modelling/coding, exposure to Moses/prophet modelling and with a background in either insurance or banking is ideal.

Life & Health

London

In the region of £100,000 + bonus + benefits

Ref:AJW5741

Algo implementation for SII

Our client is a major international insurer that are looking to implement algorithmics for Solvency II. They are looking for someone who is keen to get stuck in to the technical issues rather than managing or project management. You will need to be strong at solving complex problems and ideally have good excel, VBA, C++ and Matlab experience. Strong financial modelling/coding, exposure to Moses/prophet modelling and with a background in either insurance or banking is ideal.

Life & Health

London

Up to £80,000 + Bonus + Benefits

Ref:AJW5471

Solency II Actuarial Analyst

Our client is looking for students in the first half of their exam progress to work on the Solvency II programme within their company. Areas where they are looking to take on additional students are: · Scenario generation - working on the production of scenario files for the Internal Model, along with development of the tools which are used for this. · Asset modelling - working to refine the modelling of the asset valuation functionality within the Internal Model. A strong knowledge of investments, combined with an interest in modelling is a pre-requisite for this. · Internal Model development - working to improve the framework of the Internal Model, implemented in Algorithmics. The role would involve specification of changes, implementation work and testing and would appeal to a strong modeller. Excellent VBA skills are important for this role. Ultimately, the roles come under the Head of Solvency II Modelling but will report directly to the managers on the team or another of the qualified actuaries. The roles may involve sideways liaison with business units (especially over time). There will likely also be interaction with the IT teams. · Student actuaries with around 1-3 years experience (e.g. working on CTs or CAs) · Strong technical ability (e.g. VBA coding, Matlab knowledge)

Life & Health

London

Up to £70,000 + Bonus + Benefits

Ref:AJW5741

SII Actuarial Analyst

Our client is seeking to bolster expertise within the SII programme of their Group Risk function. They are interested in actuarial students at varying levels of exam progression within Internal Model development, Risk Scenario Generation and Calculation of group wide SII numbers and model review. Candidates need to have excellent technical ability in 1 or more of the following areas: SII, ESG, ALGO or calibration, and be used to delivering in a project orientated environment. More experienced candidates will review and oversee junior staff.

Life & Health

London

£ Competitive + benefits

Ref:ACC6322

Counterparty Credit Risk Manager

My client is well established Financial Services organisation is currently expanding their Counterparty Credit Risk team, and seeking for an experience candidate with experience in this area. The successful candidate will be engaged in delivering some of the most significant and class-leading internal audit and risk engagements globally, and gain valuable experience within Risk Management. Main responsibilities will include: • Designing end-to-end risk management frameworks, strategies, appetite, methodologies and policies • Structuring governance and organisational architecture and target operating models • Appraising and reshaping credit processes around rating evaluations, sanctioning, decision making, portfolio monitoring, collection and recovery, provisioning and write-offs, debt work-out, etc • Managing the Counterparty Credit Risk (CCR) arising from exposure to derivatives and repo transactions (processes around Expected Positive Exposure and Credit Value Adjustments calculations, collateral management, wrong way risk mitigation) • Building valued relationships with external clients and internal peers and develop a portfolio of business by focusing on high impact opportunities To apply for the role you have to have the following skills and experience: • Strong academic background ( degree in Economics, Finance etc) • Experience of development and implementation of a well developed risk management infrastructure - experience within a consultancy environment would be advantageous • Building relations with external and internal stakeholders • Demonstrated knowledge in credit or market risk management • Experience in CCR and collateral management processes • Insight on regulatory reforms The organisation provides excellent career progression and exposure to variety of projects which will enable to enhance the experience in risk area. The package is competitive and will depend of the candidate’s experience. If you are interested to have a confidential discussion, please apply to Elina Shchepkina at Darwin Rhodes. Please call on 07557742299 or email to e.shchepkina@darwinrhodes.com

Investment

London

£excellent

Ref:AES6338

Senior Financial Engineer

My client is an established Investment Banking Consultancy is currently looking for a Senior Financial Engineer. The prime responsibilities will include: • Provide onsite support for clients using sophisticated pricing and risk management software. • Ability to support both Excel product and code (C/C++) based Toolkit • Liaise with clients to spec functional enhancements and client requirements • Provide pre-sales support. Experience and Skills Required • Advanced degree in one of Financial Engineering, Engineering/Physics, or Applied Mathematics. • Experience working in middle-office, front office derivatives support, or risk management function. • Strong knowledge of derivatives in practice: FI (Interest Rate) derivatives, FX and CC derivatives, Credit Derivatives, Risk/Sensitivity Analysis. • Strong knowledge of financial engineering: Commonly used models, Monte Carlo, Numerical methods, Stochastic processes • Knowledge of risk management techniques: VaR analysis, Credit Exposure, PFE, CVA. • High level of Excel competency required (VBA an advantage) • Some knowledge of C++/C#/Java an advantage. If you are interested, please apply to Elina Shchepkina at Darwin Rhodes. Please email to e.shchepkina@darwinrhodes.com

Investment

International - Europe

£excellent

Ref:AES6249

SII contractor

6-9 month assignment, working in a large Solvency II Programme for a Group Head office. You will be responsible for delivering Group Actuarial elements of Solvency II including providing support in the run up to IMAP submission; ensuring relevant validation standards are met, acting as a subject matter expert in the building of actuarial models, carrying out and understanding regulatory reporting needs, assessing reported results and liaising with key senior stakeholders. You must be a part-qualified or qualified Actuary with significant expertise in model building within a life and pensions environment with excellent communication skills. SII and prophet experience will be a distinct advantage. The role will require occasional travel to a regional office.

Life & Health

London

Up to £1200 per day

Ref:ACC6324

Actuarial Analyst

Leading UK Investment services provider require an experienced actuarial student with some exam success to play an integral role assisting in developing and applying financial models for the wider finance function of the firm. You will be providing challenge and best practice methodology for reporting purposes. You should have well honed modelling skills particularly within excel and ideally have some knowledge and exposure to systems such as Prophet coupled with some exposure to aspects of solvency 2, ICA or regulatory reporting. Use of VBA or SQL will be advantageous Ref AAB6321

Life & Health

London

£45,000 + benefits

Ref:AAB6321

Product Development Actuary

Our client is an innovative and award winning protection product company. They are looking for a Product Development Actuary to lead in the areas of Product development, Pricing, Reinsurance, Distribution, MI and will also require management of junior students. You will also gain considerable exposure to senior management and executive directors. Excellent career potential to work within a small, established but fast growing company. Ideally you will be nearly to several years post qualified with relevant exposure.

Life & Health

London

Up to £100,000 + Bonus + Benefits

Ref:AJW6237