Support Head of Department (HoD) in implementing and ensuring compliance with the local Risk Management Framework, Risk Policies and standards, consistent with local regulatory requirement / Internal Risk Frameworks and Risk Policies
Support HoD in identifying, assessing and monitoring the financial risk exposures (i.e. credit, market, liquidity and insurance risk) against local risk appetite and limits
Monitor key risk indicators of Financial Risk
Provide support of risk-based decision making on:
Product development and pricing. This includes liaising with the key stakeholders to ensure the products (e.g. features, the pricing elements and other conditions) create value within the risk appetite, review the product risks and articulate the risks to the local stakeholders regarding to the product risk identification, assessment and management policies
Reinsurance arrangements and any other risk transfer / hedging arrangements
Strategic asset allocation, investment strategy
Strategic and business planning
Capital management and any other material business decisions
Assist the development and implementation of local risk appetite framework
Provide support on the annual risk identification and various Stress Testing exercises
Develop effective working relationships with all key stakeholders e.g. Finance & Actuarial, Investment managers and Group colleagues.
Prepare the key financial risks related materials to the risk committees via the risk management pack
Meet any ad hoc risk management initiatives from the Group, local regulators and other stakeholders
Minimum requirements:
A bachelor’s degree in Actuarial, Financial Engineering, Statistics, Mathematics or other related fields
Good progress or qualification in SOA or relevant certification (FRM, CFA, PRM, etc) is preferable
Minimum of 4-years experiences of life insurance with at least 2 years in product development / pricing, solvency framework and/or other relevant areas.
Familiar with Local Solvency Framework, financial reporting, European Embedded Value (EEV)
General knowledge/ experience in financial market will be an asset
Must be able to effectively work independently as well as in a team
Good command in written and spoken English
Good command in MS Office
Strong analytical skills and problem solving
Skills
SOA
Capital Management
Actuaries
Strategic Business
Insurance Background
Functions
Other
Other
Job Overview
Job Type:
Full-Time
Company
Prudential
10 active jobs
London, United Kingdom
Industry:
Other
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