Job Description
Le Meas Executive Search are delighted to exclusively partner with a Global Insurance Company to hire a Model Risk Manager to their London operation.
Key Responsibilities:
* Responsible for providing second line oversight and assurance of models and data used within the organisation including carrying out targeted risk reviews across specific elements of our clients model suite.
* Responsible for the second line validation of the Group's key models, including coordination of a regular cycle of validation in-line with internal and regulatory expectations.
* Responsible for providing an annual second line review of the BSCR process and output including coordination of annual review of assumptions and expert judgements.
* Provide insight and assurance to the Group Chief Risk Officer in relation to appropriateness of the various models including those used for financial reporting, pricing, business planning and regular monitoring.
* Coordinate with entity-level risk functions to ensure a consistent level of validation and assurance is provided in relation to models used across the wider group.
* Provide oversight and input of risk management over key projects and change management activities.
* Work with other members of the Group Risk Function in the daily management and development of risk management strategies and activities.
* Build and maintain effective relationships with key stakeholders within our clients legal entities.
* Manage and support the successful operation of Risk and Oversight alongside other members of the Group Risk Function.
Preferred Qualifications & Experience:
* Strong technical understanding of financial modelling including complex methodologies, assumptions and results under BMA regulations and/or Solvency II;
* Qualified actuary, with at least 5 years post-qualified experience;
* Ability to distil information and apply judgement;
* Effective communication, presentation and interpersonal skills
If you have the relent experience and are interested in finding out more please submit a CV through LinkedIn or to cfinnerty@lemeas.ie