• Permanent
  • Ireland
  • Ref No: J6802
  • Qualification: Qualified

We’re looking for an experienced Actuary with Internal Model experience to help meet risk and capital management opportunities as our client continues to grow their business in Ireland and across Europe.

Purpose:

To take ownership and manage a Partial Internal Model (PIM) in line with internal policies and regulations. The Internal Model represents significant risk capital and extensive engagement will be required with Board level committees and senior management who have responsibility for risk exposures

This role will likely include involvement in our relationship with the regulators, primarily the CBI. As this will form part of the Group’s overall Internal Model, the PRA will be another key regulatory stakeholder.

This role will assist our client in finalising the implementation and embedding of the Internal Model governance processes. Going forward, key responsibilities will include:
• Managing the day-to-day operation of the IM. This includes looking after all Line 1 Model Governance deliverables, making sure they are appropriate and produced in a timely manner;
• Leading future enhancements to the PIM to ensure that capital requirements appropriately represent the risk profile of the business
• Chairing the Internal Model risk committee and contributing to the equivalent Group committees in the UK
• Operate independently from the various teams producing Line 1 deliverables and have sufficient knowledge to appropriately assess the quality of results, prepare and present follow-up actions and propose and recommend changes to senior management
• Reporting outputs into the Head of Reporting, Head of Actuarial Function, CFO, Model Governance Committee and Board
• Managing a small team – circa 2/3

Please contact [email protected] or +35316099409 for further information.

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