Actuary – Model Development & Validation Job at Goodman Masson (London)

Group Head of Validation

We are on the lookout for a Head of Validation who is ready to develop and lead ...

Location

Salary:

Not provided

Admiral Group Plc

Expiration Date

Until further notice

Requirements

A qualified actuary with experience working on Internal Model validation
Strong knowledge of Solvency II regulations
Exceptional analytical and problem-solving abilities, with a keen eye for detail
Excellent communication skills, both written and verbal, to effectively convey complex information
A collaborative mindset, ready to work with diverse teams and contribute to a positive work environment
A natural curiosity and eagerness to learn, with a passion for staying updated on industry trends and developments

Job Responsibility

Develop the overall model validation scope and plan, managing the scope and costs of any external reviews commissioned
Act as the subject matter expert on the Solvency II/UK regulatory requirements, PRA & GFSC rulebooks and the frameworks used in assessing model risks and wider regulatory compliance
Deliver against the plan of activities, maintaining and developing the Solvency II/UK validation, model risk and regulatory compliance frameworks, polices and standards
Consolidate results from model validation activities and present progress and findings to the relevant Committees and Boards
Maintain and amend the model validation scope and plan against a range of triggers events or changes within the business, supporting any major model change protocols
Collaborate with the Chief Actuary, Chief Risk Officer, and Head of Capital on wider review of methodology and assumptions in respect of internal models
Support the business with Risk and Capital Assessments for new products, businesses and propositions where appropriate
Monitor and report on all material validation findings across the Group to the relevant committees and boards
Support the financial risk appetite process, with appropriate early warning indicators, triggers and limits and reporting mechanisms
Input into both the stress and scenario testing for the Group and the wider ORSA process

What we offer

33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays)
Option to buy or sell up to an additional five days of annual leave
Eligible for up to £3,600 of free shares each year after one year of service
Financial & Mortgage Advice
24-Hour Ecare
Cycle to Work Scheme
Annual Holiday Allowance
Flexible Working
Simply Health
Private Health Cover

Fulltime

Financial Data Analyst

Location

United States , Woodbridge

Salary:

Not provided

Robert Half

Expiration Date

Until further notice

Requirements

Develop and maintain actuarial models and data-driven processes using Python, R, and SQL
Implement and enhance month-end processes, rate change calculations, and ad-hoc analyses
Work with Actuarial and Financial Planning and Analysis (FP&A) teams to automate and improve model performance using Python-based scripting and automation
Ensure accuracy, consistency, and efficiency of actuarial models and methodologies
Support reserving analysis to estimate unpaid claim liabilities
Develop and maintain loss development triangles and incurred but not reported (IBNR) calculations
Support the development and validation of actuarial assumptions for pricing, reserving, and forecasting
Develop and regularly report on rate change calculations
Conduct stress testing and scenario analysis to assess financial impacts
Develop, update, and maintain models for predictive analytics, profitability analysis, and business planning

Job Responsibility

Develop and maintain actuarial models and data-driven processes to support insurance pricing, reserving, and risk management
Implement and enhance month-end processes, rate change calculations, and ad-hoc analyses
Work with the Actuarial and Financial Planning and Analysis (FP&A) teams to automate and improve model performance
Ensure accuracy, consistency, and efficiency of actuarial models and methodologies
Support reserving analysis to estimate unpaid claim liabilities primarily in partnership with internal and external actuaries
Develop and maintain loss development triangles and incurred but not reported (IBNR) calculations
Support the development and validation of actuarial assumptions for pricing, reserving, and forecasting
Develop and regularly report on rate change calculations including bifurcation of exposure changes from pure rate by line of business
Conduct stress testing and scenario analysis to assess financial impacts
Develop, update, and maintain models for predictive analytics, profitability analysis, and business planning

What we offer

medical
vision
dental
life and disability insurance
401(k) plan

Actuarial Associate 2

Accurately and efficiently perform the technical actuarial tasks related to this...

Location

United States , West Des Moines; Chicago; Sioux Falls; Fargo

Salary:

85577.00 - 142628.00 USD / Year

Sammons Financial Group

Expiration Date

Until further notice

Requirements

Bachelor's Degree preferably in the area of mathematics, or a business related field
3-5 years' Experience in the field of Actuarial Science Preferred
Demonstrate a high level of mathematical ability and attention to detail and strong analytical skills
Demonstrate strong computer skills including experience using applicable technical tools
Demonstrate strong written and verbal communication skills
Possess basic knowledge of insurance industry
Ability to analyze problems or questions and provide insights to requestor
Ability to work both individually and as part of a team
Highly organized with the demonstrated ability to balance multiple projects
Ability to work effectively in an office environment

Job Responsibility

Develop strong knowledge of Sammons Financial Group products related to area of focus. Understand customer value propositions
Understand the basic types of insurance contracts and actuarial related regulations, basic product features and policy transactions. Apply understanding of product designs and cash flows in actuarial processes and functions. Assist in preparing materials required to comply with applicable regulations
Develop good knowledge of assumptions required for actuarial calculations and modeling and assist in applying them. Interpret historic data to make and justify simple recommendations for individual assumptions. Use actuarial models to understand the impact of a change in assumptions. Document assumptions made to support the work and the sources of the assumptions
Develop good knowledge of actuarial modeling and/or valuation software, i.e. (what the key elements are, what they can be used for and their potential shortcomings). Create and alter simple financial models, including making and validating small changes to complex models. Build tools to ensure accuracy and efficiency of models. Document model inputs and results
Develop basic knowledge of accounting standards and other reporting requirements covering insurance liabilities and the assets backing liabilities. Assist in analyzing basic financial reporting as needed, including balance sheets and income statements produced by actuarial models. Understand and report on pre-defined profit measures
Modify and use existing spreadsheet, database and other data analytic software to perform data analysis and summarize, manipulate, transform and aggregate data. Present aggregated data verbally, numerically, graphically or in another written format to highlight key features. Perform checks to confirm the robustness of the data and analysis
Understand basic concepts of relevant actuarial risks and the implications of failing to manage risk. Assist in the quantification of risk exposure and use model projections to produce management information to measure and to monitor on-going exposure. Assist in developing risk mitigation techniques
Assist with special projects as required. Work individually and/or in teams to complete projects on time and with high quality. Effectively plan and prioritize your own work in accordance with broader team or department objectives and priorities
Develop relationships with other departments and business units. As needed, perform actuarial calculations to support administration or test IT functionality
Participate in the Society of Actuaries’ (SOA) examination program with a satisfactory pass record per Sammons Financial Group's actuarial study program guidelines

What we offer

Health, Dental, Vision, Company Paid Retirement, PTO and Holiday Pay
Employee Stock Ownership Plan (ESOP) is a 100% company-funded retirement plan
Healthy balance between work and personal lives. Friday afternoons off all year long, competitive PTO, and generous number of paid holidays
Incentive program for defined goals subject to eligibility and performance. Monetary rewards are based on individual and/or overall company performance
Colleagues who support one another, model our core values, and drive our healthy, high-performing culture

Fulltime

New

Sr Analyst, Actuarial

Performs actuarial functions by applying expanded quantitative skills and analyt...

Location

United States , Hartford

Salary:

79310.00 - 158620.00 USD / Year

CVS Health

Expiration Date

March 27, 2026

Requirements

Passed at least 2 actuarial exams
2-5 years of actuarial experience in a healthcare setting
Demonstrated success in collaborating with others
Bachelor's degree preferred/specialized training/relevant professional qualification

Job Responsibility

Develops and communicates pricing models and strategies for Actuarial (ADP) healthcare insurance products and services
Develops and validates actuarial assumptions, methodologies, and models by ensuring adherence to actuarial standards and guidelines, such as those set by the Society of Actuaries (SOA)
Conducts actuarial analysis to assess the financial risks and implications of healthcare programs, insurance products, and benefit plans
Completes financial forecasting and projection analysis to estimate future healthcare costs, revenue, and profitability
Analyzes claims data to assess patterns, trends, and cost drivers and identifies opportunities for cost containment, fraud detection, and quality improvement in claims processing and reimbursement
Develops risk mitigation strategies, including reinsurance, risk-sharing agreements, and reserve adequacy analysis
Under general supervision, provides accurate and timely financial information to internal stakeholders, external auditors, and regulatory bodies
Encourages team members to explore innovative solutions and approaches to operational challenges
Identifies opportunities of areas of concern and recommends corrective actions to management for review and resolution

What we offer

Affordable medical plan options
401(k) plan (including matching company contributions)
Employee stock purchase plan
No-cost programs for all colleagues including wellness screenings, tobacco cessation and weight management programs, confidential counseling and financial coaching
Paid time off
Flexible work schedules
Family leave
Dependent care resources
Colleague assistance programs
Tuition assistance

Fulltime

!

The strategist - market pricing

Fantastic opportunity to join a leading insurer to help spearhead a major strate...

Location

United Kingdom , South East

Salary:

Not provided

Star Actuarial Futures

Expiration Date

Until further notice

Requirements

Part-qualified GI actuary with experience in insurance pricing or gained from a similar analytical role
Strong programming skills in SAS, R, Python, & Matlab
Hands-on experience with predictive modelling techniques (GLMs, GBMs, Decision Trees, Neural Nets)
Demonstrable knowledge of price optimisation
Ability to translate complex analytics into practical insights

Job Responsibility

Develop and validate predictive models using advanced machine learning techniques
Explore new datasets and innovative approaches to enhance pricing accuracy
Deliver price optimisation strategies and present recommendations to senior stakeholders
Maintain behavioural models and utilise rates in live rating engines
Influence key decision-makers and contribute to strategic projects across the pricing cycle

Fulltime

Group Risk Actuary

We are on the lookout for a qualified actuary who is ready to dive into the worl...

Location

United Kingdom

Salary:

Not provided

Admiral Group Plc

Expiration Date

Until further notice

Requirements

A qualified actuary with a strong academic background in actuarial science, mathematics, or a related field
Strong knowledge of Solvency II regulations
Exceptional analytical and problem-solving abilities, with a keen eye for detail
Excellent communication skills, both written and verbal, to effectively convey complex information
A collaborative mindset, ready to work with diverse teams and contribute to a positive work environment
A natural curiosity and eagerness to learn, with a passion for staying updated on industry trends and developments

Job Responsibility

Analyse and evaluate financial risks using actuarial techniques and models
Dive into large datasets to uncover trends, patterns, and insights that will inform our risk management strategies
Prepare detailed reports and presentations to communicate your findings and recommendations to stakeholders
Work alongside other departments, including Finance, Group Enterprise Risk Management, and Compliance to ensure a holistic approach to risk management
Bring fresh ideas and innovative solutions to the table, helping us stay ahead in a rapidly changing financial landscape
Oversight of reserving processes to ensure adequate provisions for future claims
Support the business with risk and capital assessments for new products, businesses, and propositions
Validate actuarial models and expand the function’s remit into wider model validation across the group
Lead the department’s contribution to the Own Risk and Solvency Assessment (ORSA), stress and scenario testing, and capital management activities
Provide support to several areas such as IFRS17, Reinsurance, and the Internal Model Application Process

What we offer

Access to continuous learning opportunities
Work in a supportive and inclusive environment where your ideas are valued
Enjoy a healthy work-life balance with flexible working arrangements
Join a company and team that strives to make each working day fun and enjoyable
Eligible for up to £3,600 of free shares each year after one year of service
Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays)
Option to buy or sell up to an additional five days of annual leave
Financial & Mortgage Advice
24-Hour Ecare
Cycle to Work Scheme

Fulltime

ERM Quantitative Manager

I’m working with an international specialty insurer looking to hire a Senior Qua...

Location

United Kingdom , Tower of London

Salary:

100000.00 GBP / Year

Arthur Recruitment

Expiration Date

Until further notice

Requirements

Background in quantitative risk, model validation or actuarial roles
Strong understanding of capital and stochastic modelling
Excellent stakeholder management and communication skills

Job Responsibility

Validation of economic capital models, including a Lloyd’s Syndicate Model
Risk appetite monitoring, reporting and dashboard development
Contribution to ORSA reporting across multiple entities
Design and delivery of stress & scenario testing, including climate change scenarios
Support emerging risk assessments and wider risk framework activity

Fulltime

New

Actuary IV

This experienced modeler role performs varied actuarial services including codin...

Location

United States , Columbus

Salary:

110000.00 - 140000.00 USD / Year

Aflac

Expiration Date

April 25, 2026

Requirements

Bachelor’s Degree in Actuarial Science, Mathematics, Computer Science or a related field
An FSA designation from the SOA (required) and a minimum of 5 years of experience working in the actuarial field or an ASA designation from the SOA (required) and a minimum of 8 years of experience working in the actuarial field
Currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program (ASA and recent FSA)
Hands-on modeling experience in ALM modeling and/or capital modeling
Experience with Bermuda (re)insurance regulatory frameworks or other jurisdictions that adopt market consistent approach to reserve and capital methodology
Experience with economic capital modeling, stress testing, and cash flow testing as part of solvency and financial condition assessments
Proficient at coding models with at least one or more of the following applications (Excel, SQL, MG-Alfa, Prophet, AXIS)
Strong familiarity with model governance, best practices and ability to implement independent model validation frameworks
Extensive expertise with reserve and capital methodology and working knowledge under market consistent regimes
The ability to adhere to Aflac and Aflac Re policies and procedures

Job Responsibility

Conducts analysis, pricing and risk assessment to estimate financial outcomes in complex actuarial situations
applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations
Works extensively with other departments (eg. product development, financial, compliance, and Japanese colleagues) to complete assignments on schedule
Focuses on automation, streamlining and process enhancement to increase efficiency and adhere to best practices and internal controls
Uses expertise with standard concepts, practices, and procedures and relies on judgment and business acumen where limited experience exists to plan and accomplish goals
Communicates clearly and succinctly the findings of actuarial work to managers, executives, and external parties in an appropriate manner for the benefit of Aflac
Prepare ad-hoc reports requested by internal customers (e.g. Underwriting) as well as external customers (e.g. Insurance Departments)
Develops, enhances, and maintains an interactive asset and liability model
Performs ALM stress testing and scenario analysis
Leads model validation and audit-ready documentation efforts, ensuring compliance with local and internal regulatory requirements that include and not limited to model documentation, model change management and process documentation

What we offer

medical, dental, and vision coverage
prescription drug coverage
health care flexible spending
dependent care flexible spending
Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee)
401(k) plans
annual bonuses
an opportunity to purchase company stock
11 paid holidays
up to 20 days PTO

Fulltime

Actuary – Model Development & Validation

Goodman Masson

Location:
United Kingdom , London

Category:
Insurance

Contract Type:
Not provided

Salary:

Job Description:

Job Responsibility:

Requirements:

Additional Information:

Job Posted:
March 26, 2026

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