Model Validation Senior Actuary / Senior Analyst

M&G plc

Stirling, United Kingdom
Independent validation of models
Model risk and governance
Financial services regulations
The M&G Life team is responsible for oversight of risks within M&G Life, and the Model Validation team supports the business in managing model risk across the group through the independent validation of both the Solvency II Internal Model and other critical Models

Job Summary

  • The M&G Life team is responsible for oversight of risks within M&G Life, and the Model Validation team supports the business in managing model risk across the group through the independent validation of both the Solvency II Internal Model and other critical Models.
  • Key responsibilities include providing independent validation of a range of models, summarising results, presenting to committees, and agreeing actions with model owners.
  • M&G offers a valuable pension scheme of 18%, 38 days annual leave, market-leading Inspiring Families policy, and comprehensive Health & Protection cover.

Matching Summary

The M&G Life team is responsible for oversight of risks within M&G Life, and the Model Validation team supports the business in managing model risk across the group through the independent validation of both the Solvency II Internal Model and other critical Models.

Skills & Requirements

Must-have

  • independent validation of models
  • model risk and governance
  • financial services regulations
  • actuarial and statistical modelling
  • constructive challenge and oversight

Nice-to-have

  • risk guidance and compliance
  • relationship building skills
  • strong oral and written communication
  • high level of diplomacy
  • Python, PowerBI or R experience

Key Requirements

  • Professional qualification, e.g. CFA or Qualified Actuary
  • Experience in actuarial and statistical modelling
  • Experience in model risk and governance
  • Experience of providing constructive challenge
  • Experience in model development risks
  • Experience in risk framework development

Work Rights

Not specified

Tailored Resume

Cover Letter