Description
Location: London
Job Purpose As a model implementation actuary within the internal model team at Canada Life, you will be responsible for designing, developing, supporting, testing and documenting Canada Life’s internal models. Ensuring that our internal models meet the needs of users and adhere to Canada Life’s model governance and regulatory requirements.
Key Accountabilities
- Design, develop, support, test and document internal models for credit, interest rate, inflation and equity release mortgages.
- Support the internal model operations team, investigating internal model queries, and proposing solutions.
- Work closely with the internal model design team to understand new feature developments, and contribute to how these can be implemented within the internal model code.
- Act as a conduit between the internal model team and IT to ensure our models are supported by IT and our processes are aligned with other development teams.
- Ensure internal models follow best practice standards.
- Manage, coach, develop and motivate junior members of the team to support their development.
- Contribute knowledge sharing to the internal model implementing team.
Desired Knowledge / Experience / Skills
Technical Expertise
- Strong capital modelling experience in market, credit and/or equity release mortgage risk space within life insurance industry.
- Experience with using Python. Ideally knowledge of good software design principles and unit testing.
- Experience with DevOps or GitHub for managing software developments.
- Knowledge of SII and IFRS17.
- Experience using generative AI.
Communication
- Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.
- Strong ability to adapt messages to the audience, without prompting or significant coaching, in a format that is easily understood by non-technical colleagues.
Relationship Building
- The ability to develop and maintain strong relationships across the actuarial function, IT and the wider business, acting with integrity and role‑modeling the company values at all times.
- Ability to flex their style and delivery, in the moment, depending on the individual and/or audience.
Taking Initiative
- Exceptional problem‑solving skills and attention to detail with demonstrable ability in spotting issues, interdependencies and challenges to ensure work is produced to an accurate, commercial and informed standard.
- Self‑motivated, well‑organised, pragmatic and able to perform tasks independently.
Developing Self And Others
- Strong skills and experience in managing and motivating a team from a diverse range of professional backgrounds and with varying levels of experience.
- Strong coaching ability in technical, and non‑technical skills to support the development of others.
- An interested and inquisitive individual who is committed to their own ongoing professional and personal development.
Qualifications
- Fellow of Institute of Actuaries (or equivalent).
Benefits
We offer a competitive salary and benefits package including pension, bonus scheme, income protection, private medical insurance, life assurance and opportunities for professional development.
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