Model Validation Actuary

Location:
Croydon office location with Hybrid working
Salary:
£74,000 to £80,000 per annum plus Civil Service Pension
Contract Type:
Permanent
Position type:
Full Time The vacancyWe’re the Pension Protection Fund. We protect millions of people in the UK who belong to defined benefit pension schemes. When these schemes fail, we’re ready to help.We do this by paying our members, by charging a levy and by investing sustainably. Our work has a real impact on people’s lives, so we strive to do it well, with integrity and their future in mind.We have a new position for a Model Validation Actuary to support our Head of Model Validation in providing risk oversight in the areas of model and end-user computing (EUC) risks. This role will involve liaising with actuarial model owners to support implementation of the PPF’s model risk policy including contributing to the development and maintenance of this. This will include considering the requirements of Actuarial Standards, Financial Service industry best practice and government modelling reviews where appropriate. Additionally, this position will contribute to the development, implementation, and the regular independent validation of the PPF’s business critical models, such as Long-Term Risk Model and the Actuarial Valuation models.Our ideal applicant will be a qualified Actuary with experience of working with actuarial models, which could have been gained within a wide range of actuarial environments. This position requires excellent analytical skills, with the ability to apply them to specific business situations. Additionally, the successful application will have strong communication skills, where they have the ability to present complex concepts to an audience of varying technical knowledge, as well as being able to understand and build stakeholder relationships.This role is suitable for a wide range of flexible working patterns, and we encourage applicants who might be seeking these arrangements to apply. We particularly welcome applications from groups that are underrepresented in financial services roles.Sound like you? Apply now.In return for your skills, experience and commitment we’ll give you a challenging role within a business where you’ll get the support you need to develop your career.We’ll also give you lots of opportunities for personal development and skills training.Our Croydon office is just across the road from East Croydon station, which is around 15 minutes from Victoria or London Bridge, 10 minutes from Clapham Junction or half an hour from St Pancras.We’re proud to be a Disability Confident Leader , the highest accreditation under the Disability Confident Scheme. If you have a disability and meet the essential criteria for this role you will be guaranteed an interview.We embrace diverse talent welcoming people with different beliefs, backgrounds and ways of working. Whatever your background, and however you identify, you’ll be welcome here.We’re happy to talk about flexible workingDefined benefit or defined contribution pension
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