Company: The Emerald Group Ltd, Search and Selection
Location: London
Job Description:
Overview
Key responsibilities including but not limited to the following:
- Scope, plan and deliver model risk reviews while developing and defending review conclusions, including:
- Scheduled independent reviews of actuarial models under PL’s Model Risk Management (MRM) Framework
- Targeted reviews in response to specific business requests, operational events or major model change
- Monitoring and reviewing model owners’ progress in addressing agreed remediation actions from previous reviews
- Develop and deliver model risk management information for business leaders
- Identify recurring model risk themes and support strategic model risk, governance and process improvement initiatives
- Present findings and recommendations clearly to model owners, senior leaders and wider business stakeholders
- Support collaboration on strategic improvements between Line 1 delivery teams and Model Risk
Overview
Key responsibilities including but not limited to the following:
- Scope, plan and deliver model risk reviews while developing and defending review conclusions, including:
- Scheduled independent reviews of actuarial models under PL’s Model Risk Management (MRM) Framework
- Targeted reviews in response to specific business requests, operational events or major model change
- Monitoring and reviewing model owners’ progress in addressing agreed remediation actions from previous reviews
- Develop and deliver model risk management information for business leaders
- Identify recurring model risk themes and support strategic model risk, governance and process improvement initiatives
- Present findings and recommendations clearly to model owners, senior leaders and wider business stakeholders
- Support collaboration on strategic improvements between Line 1 delivery teams and Model Risk
Qualifications Required
- Near-qualified actuary
- 3+ years of relevant experience
Experience Required
- Good knowledge of actuarial models and modelling software
- Good understanding of life insurance & reinsurance industry
- Proven ability to proactively problem solve and challenge practices
- Ability to exercise independent judgement, constructively challenge methodologies and practices, and explain evidence-based views clearly
- Strong report writing skills
- Ability to manage competing priorities and projects
- Understanding of effective governance, control design, documentation, testing and review standards for actuarial models
- Experience planning and delivering technical review work across competing priorities
- Experience identifying and recommending solutions to critical issues
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Posted: October 25th, 2026