Head of Capital and Balance Sheet Management

Head of Capital and Balance Sheet Management About the job Head of Capital and Balance Sheet Management

Head of Capital and Balance Sheet Management

• Qualified Actuary with at least 2 years Post Qualification Experience
• SAM and Capital Management experience Crucial
• Experience in managing people
• Experience of Iterative Risk Margins preferred (not a requirement)

Key Responsibilities:

• Solvency Assessment and Management Prudential Valuation for The Company Life and the Cells:
  • Solvency Capital Requirements
  • Iterative Risk Margin Calculations
  • Dividend proposals
  • Quarterly and Annual Returns
• Investments Management:
  • Asset Liability Modelling exercises
  • Setting investment strategies for the business
  • Monitoring investment performance against benchmarks and risk appetite
  • Regular engagements with the Asset Managers
• Running Models (to ensure accurate financial reporting and support management decision making) at an advanced level:
  • For inputs to processes such as reserving, capital, pricing, or business case modelling
  • Development and maintenance of advanced spreadsheet models, including planning, capital, and risk modelling
  • Development and maintenance of actuarial open platform software complex models
• 1st Line Quality / Assurance Review and Checking (to ensure accuracy of outputs for sound business decision making and ensuring a robust control environment).
• Coordination of a Committee / Forum (to enable business and risk management execution and oversight for a sound control environment):
  • Understand and deliver requirements of internal stakeholders within the same business unit
  • Understand and deliver requirements of internal stakeholders not within the same business unit (e.g. Risk, Group)
• People Management Responsibilities (to support talent development and business resilience):
  • Managing a team of 5 Actuarial Specialists and Analysts