Associate Vice President, Actuarial

The Company is seeking an Assistant Vice President in Actuarial Model Implementation and Support to manage actuarial model enhancements from requirements gathering and design through implementation, testing, validation, and impact assessment. Responsibilities include developing and testing model changes, maintaining supporting tools, and ensuring model outputs are accurate and reliable. The role also involves assessing effects on the balance sheet and profit and loss, reconciling results, investigating defects, and communicating findings to stakeholders. The successful candidate will maintain thorough documentation and audit trails, uphold governance standards, improve processes, and help manage and prioritize a small team’s workload. Candidates should have at least 10 years of relevant actuarial experience, including experience developing or enhancing financial models, and knowledge of IFRS 17, Solvency II, actuarial procedures, and life insurance products. Core coding experience with life insurance actuarial software is required; familiarity with tools such as VBA, Python, SSIS, and SQL is advantageous. Experience with actuarial modeling platforms and an understanding of UK life insurance regulations and financial controls are also beneficial. A graduate or master’s degree is required, preferably in mathematics, statistics, or economics, along with actuarial qualification or progress toward it; the CM1 exam is mandatory.