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Actuarial Consulting - ALM Structuring / Marketing Specialist - Principal Consultant / Director - London

Reference
AS03166
Location
London, Bristol, Manchester, Edinburgh
Service
Assurance
Specialism
Actuarial
Industry
Financial Services

Who we're looking for

We're seeking an experienced ALM specialist with experience working in a bank, an insurance company / asset manager or consulting within this specialism. You'll have a track record of advising insurance clients on strategic asset allocation. 
The role is within our UK Actuarial and Insurance Management Services practice (AIMS) and will leverage our strong insurance relationships within the Risk and Capital space.  
You'll have significant experience of risk and capital work, including a good understanding of life and non-life capital models under Solvency II. You'll have a strong understanding of market risks such as interest rate risk, equity risk and FX risk and how they impact insurance capitalisation. Knowledge of regulatory and rating agency asset charges are important. You will have had exposure to running and understanding basic ALM models and basic investment strategy advice.
In recognition of the need to invest in future growth of the practice, you will not only have demonstrated relevant technical skills and experience, but also have the potential, with some development support, to lead on key client accounts and product areas, using your strong relationship and people management skills.

About the role

The role involves working closely with a team of actuaries and developing advice on capital and ALM optimisation. On a day-to-day basis, you will lead, manage and deliver a wide range of asset optimisation advisory assignments and act as our clients’ main point of day-today contact.
You'll also be actively involved in the development of new and existing client relationships and be expected to maintain a strong personal profile internally in PwC and externally in the market to seek out new business opportunities.
The firm offers an unparalleled development framework which not only ensures we have strong technical experience, but also supports wider softer skills which are vital to success with our clients. We'll ensure you have a tailored development plan, which will enable progression to more senior levels within the practice in a relatively short timescale.

What you'll bring to us

Your experience 
  • Significant work experience in a market facing role, preferably fixed income
  • Have spent most of your career to date in the insurance market, either within investment banking, asset management
  • Have a wider commercial awareness, including the understanding of wider business issues
  • Have an understanding of risk management in an insurance company context
  • Has client coverage experience within key UK and European insurers
  • Experience of working with complex products, e.g. with-profits products and variable annuities
  • Experience of ALM modelling or ESGs is essential 
Your skills 
  • Have strong oral, listening and written communication skills.
  • Demonstrate that you stay abreast of industry developments and are able to implement these on projects
  • Have a begun to build a profile within the insurance industry, e.g. presenting at industry conferences or contributing to a working party for the Actuarial Profession.
  • Have the potential to develop strong people management, client handling and development skills, including inter-personal sensitivity and influencing skills.
  • Have strong project and financial management skills. 
  • The ability to deliver to budget and within timescales is an important skill.
  • Be flexible and have the ability to multi-task effectively.
  • Have strong technical, problem identification and analytical skills, most likely with at least one specialist area of experience.
  • Be commercial, with the ability and experience of working within a broader insurance environment, and with vision as to developments at our clients and opportunities for consulting business.
  • Be strongly committed to both personal and corporate success.

Our Competencies

Our people need to demonstrate a defined set of core skills and behaviours. We refer to these as our global core competencies. They're integral to who we are as a firm and form the basis of our people appraisal process. We will also assess you against them within our recruitment process to benchmark your own skills and behaviours. We recommend you visit the below web page to find out more about our global core competencies and to consider how your own experiences will align against them. This will help you through the recruitment process with us.