Model Validation Senior Actuary
Core
Independent validation of Solvency II Internal Models, pricing models, and operational risk models to ensure accuracy, reliability, and regulatory compliance within the UK financial services sector.
Role type
Senior IC model validation actuary (manager level)
Builds
Independent model validation reports and regulatory compliance frameworks for Solvency II and PRA requirements
Domain
Insurance / Actuarial Science / Regulatory Compliance
Deliverable
production ML models | dashboards & analysis
Required skills
Actuarial and statistical modelling, Model risk and governance, Regulatory interpretation (Solvency II, PRA), Technical challenge and oversight, Risk framework development
Preferred skills
Python, PowerBI, R, Project management, Financial services regulatory environment experience
Technologies
Solvency II Internal Model, PRA reporting tools, PowerBI, Python, R
Responsibilities
Conduct independent reviews of model assumptions and methodologies to identify risks, Summarize validation results for senior committees and stakeholders, Support the development and enhancement of risk controls, Report quarterly model change logs to the PRA
Seniority
Manager, hands-on IC with strategic oversight