Head Of Capital Management And Planning

Description:

This position reports to the Chief Actuary and will play an integral role in supporting the rest of the C-Suite. You'll lead the Financial Planning, Capital and ALM team, delivering accurate, timely and insightful financial analysis to support the company's strategy and business planning.

Key responsibilities:

• Support the Chief Executive Officer, Chief Actuary, Chief Financial Officer and Chief Risk Officer in financial decision-making.

• Lead the production of the ORSA and business plan process.

• Lead on the delivery of the standard formula appropriateness evaluation.

• Lead on the management of the matching adjustment portfolios.

• Lead on asset liability management, supporting the Chief Investment Officer

• Peer review of work produced by other actuarial managers.

• Contribute to the effective leadership of the actuarial department.

• Ensure that processes and output from the actuarial department have been produced in accordance with internal policies and control frameworks, as well as relevant actuarial standards.

• Identifying opportunities for improving capital efficiency.

• Maintaining a portfolio of management actions that could be taken if required.

• Maintain competence and fitness and propriety standards to the level required by the company’s regulators.

• Ad hoc tasks as required.

• Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards.

Core competencies:

• Strong understanding of Solvency UK and capital management and ALM techniques.

• Ability to develop effective solutions to issues/problems.

• Good communication skills (written and verbal) and ability to build relationships.

• Good risk management analysis skills/understanding of risk.

• Proactive, can-do attitude and ability to motivate a team of direct reports and across departments.

• Well-organised, good attention to detail, able to prioritise effectively, work independently and meet tight deadlines.

Experience and qualifications:

• Qualified Actuary, with minimum of 5 years’ experience in FP&A or related actuarial roles, with a strong focus on the business planning process.

• Financial Services (Life industry or Pensions Fund) experience.

• Experience of the regulatory environment in the UK.