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Group Head of Validation

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Admiral Group Plc

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Job Description:

We are on the lookout for a Head of Validation who is ready to develop and lead our validation function with enthusiasm and a fresh perspective. If you are passionate about model validation and capital modelling more generally, and want to make a real impact, this is the perfect opportunity for you!

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

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
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
  • Critical Illness Cover

Additional Information:

Job Posted:
December 28, 2025

Employment Type:
Fulltime
Work Type:
Hybrid work
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