Senior Financial Risk Actuary (ALM & Balance Sheet)

Oliver James; Greater London; On-site; GBP 150,000 - GBP 200,000; Full time

Job summary

A leading life insurance firm is seeking a Senior Financial Risk Actuary to provide strategic oversight of balance sheets. You will advise on asset-liability management and lead the ALM Oversight team to ensure effective risk management. The role requires a Qualified Actuary with strong skills in solvency analysis and liquidity management, aiming to influence financial strategy at an executive level. This position offers the opportunity to shape financial risk oversight in a collaborative setting.

Qualifications

• Strong life insurance experience, especially with annuities and BPA.
• Deep technical expertise in balance sheet modelling and solvency.
• Proven ability to influence executive-level decisions.
• Excellent communicator able to distil complex financial issues.

Responsibilities

• Provide strategic oversight across the Group’s balance sheets.
• Advise on balance sheet risks including ALM and liquidity.
• Lead and develop the Balance Sheet & ALM Oversight team.
• Influence executive decisions with market perspectives.

Skills

balance sheet modelling

ALM

solvency analysis

liquidity management

Education

Qualified Actuary or equivalent

Job description

# Senior Financial Risk Actuary ( ALM & Balance Sheet)Senior Financial Risk Actuary ( ALM & Balance Sheet)Salary£NegotiableLocationCity of London, London, UKContractPermanentIndustryLife Insurance---ContactNaomi [e-mail] are looking for a senior financial risk leader to provide strategic oversight and constructive challenge across complex life insurance balance sheets. You will advise on ALM, capital and balance sheet optimisation, influence executive decisions, and lead high-impact Line 2 oversight that balances strong commercial outcomes with robust risk management.### **About the role*** Provide senior Line 2 oversight and constructive challenge across the Group’s balance sheets, supporting delivery of the long-term financial strategy* Advise on and oversee key balance sheet risks including asset-liability management, hedging, Matching Adjustment, liquidity and capital management* Oversee balance sheets across Solvency UK, IFRS 17 and UK GAAP, including balance sheet optimisation activities* Contribute to the Group’s ORSA and Recovery & Resolution Plans, bringing balance sheet insight and risk perspective* Design and maintain proportionate, risk-based Line 2 oversight, clearly articulating expectations around risk identification, management and mitigation* Influence and challenge executive-level decisions through credible insight, market perspective and strong stakeholder engagement* Lead and develop the Balance Sheet & ALM Oversight team, embedding a culture focused on material risks, performance and continuous improvement---### **About you*** Qualified Actuary (or equivalent) with strong life insurance experience, particularly annuities and BPA* Deep technical expertise across balance sheet modelling, solvency and liquidity analysis, ALM, hedging and Matching Adjustment* Strong understanding of Solvency UK, IFRS 17, UK GAAP and balance sheet optimisation* Experience overseeing financial risks including insurance, credit, market and climate-related financial risks* Proven ability to provide effective, pragmatic Line 2 oversight and develop risk frameworks and risk appetite* Confident leader with experience driving enterprise-wide change and influencing senior stakeholders* Excellent communicator, able to distil complex financial issues into clear, concise executive insight---* A senior, visible role influencing balance sheet strategy across a complex life insurance group* Exposure to sophisticated ALM, capital and balance sheet optimisation activities* Opportunity to shape how financial risk oversight is delivered at scale* Work closely with experienced risk and finance leaders in a collaborative environment* Platform to lead thought leadership in areas such as climate financial risk, data and technology-enabled risk oversight