Senior Analyst, Investment Risk
- London
- Permanent
- Full-time
- Oversight of key market risks (i.e. mainly rates and FX) and liquidity management within the context of an asset-liability management process covering multiple regulatory environments including UK and Bermuda.
- Enhancing credit risk frameworks to accommodate the firm’s expanding requirements within structured / private assets.
- Developing scenario and stress testing framework for market, credit and liquidity risk to support existing capabilities.
- Support development of One PL framework covering Asset Liability Management, FX and Liquidity management.
- Manage collation of data and production of monthly investment risk MI reports for MRSC, identifying any breaches of risk appetite. Reporting includes:
- Monthly monitoring of asset-liability and liquidity management within the context of multiple regulatory environments including the UK and Bermuda
- Quarterly monitoring of non-USD currency risk exposures against enterprise FX policy. Lead efforts to refine analysis and frequency of reporting.
- Support the implementation of the liquidity management framework including working with the Treasury and ALM Teams to monitor liquidity headroom and support implementation of contingent actions as required.
- Perform regular assessment of the company’s asset liability management strategy, analysing hedge effectiveness and identifying potential risks and opportunities to support effective risk management.
- Support ongoing assessment of company’s market risk appetites and their suitability for the in-force portfolio and business development objectives.
- Monitor operational readiness for compliance with key regulations in relation to investment risks, including BMA capital enhancements.
- Contribute to the improvement of processes, use of software/methodologies, and knowledge to enhance the maturity of investment risk management framework.
- Produce agenda, actions tracking, and minutes for the Divisional Market Risk Subcommittee (MRSC).
- Document updates to associated risk policies and limits.
- Support analysis of credit risk in respect of private / structured assets to inform structuring considerations and risk appetites to support successful onboarding and on-going management.
- Support assessment of liquidity considerations associated with investing in private / less liquid assets.
- Utilize industry best practices to quantify credit risk, aggregate exposures and develop more in-depth assessments of credit risk exposures to ensure alignment with the company’s overall risk management framework.
- Support VP, Savings & Retirements and VP, Protection on strategic investment and market risk initiatives across all lines of business. Direct ad-hoc projects, reporting, and analysis as requested.
- Performing stress tests and scenario analyses covering market, liquidity and credit risk to evaluate the impact of adverse changes on the company’s investment portfolio and asset liability management.
- Develop Stress analysis capabilities to help assess potential crisis implications as the Company migrates to broader asset classes.
- Provide analysis for annual regulatory reporting including the Commercial Insurer’s Solvency Self-Assessment (CISSA), including supporting climate change asset risk scenario analysis.
- BSc required, CFA/FIA or equivalent status desirable.
- 5+ years of actuarial or investment experience including responsibilities related to asset liability management, structured assets and asset-backed securities.
- Experienced in building effective relationships with key stakeholders such as investment teams, pricing teams, risk management, and senior management.
- Capable of effecting significant change.
- Exceptional analytical, critical thinking, and problem-solving capabilities.
- Positive attitude, collaborative and team-oriented.
- An understanding of the building blocks and drivers of insurance cash-flows and their determinants, including statutory, economic, and GAAP frameworks.
- Hands-on experience of a broad set of insurance products, i.e., life and annuity, protection etc.
- Expertise in economic capital techniques and analysis.
- Expertise in design and implementation of ERM frameworks.
- Strong mentoring skills to develop and train junior members of the team.
- Project management skills.
- Stakeholder Pension Scheme
- Life Assurance
- Subsidised Gym Membership
- Private Medical Insurance
- Season Ticket Loan
- Eye Care
- Employee Assistance Programme
- Group Income Protection
- Wellness Benefits