Senior Transactions Model Developer (L&H)


Our client is looking to hire a Senior Transactions Model Developer (L&H) to join their team in London on a Permanent basis.

Ref: 48855

  • Location: London
  • Category: Life Actuarial
  • Type: Permanent
  • Pay Range: Up to £100k


Key Responsibilities:

  • Working as a team to develop and implement MoSes / RAFM models for both costing large transactions and delivering improvements to the existing MoSes/RAFM valuation models
  • Own the end- to-end modelling process for large transactions, starting with understanding modelling requirements through to delivering a fully tested model which is fit for purpose. This will be a controlled, auditable and robust process which includes reviewing and challenging requirements, developing functional and technical specifications, coding the models, model testing and documentation.
  • Support valuation model developments during periods of lower transaction activity to ensure detailed knowledge of these models as they are the starting point for large transaction modelling
  • Providing strong transaction and project management
  • Providing guidance and coaching to the wider modelling teams
  • Fostering a strong team spirit, highly motivated by successful execution
  • This challenging position offers an excellent opportunity to play a key role in maintaining the firms leadership in the large transactions market.
  • With this role they offer excellent exposure to both transactions and firms in force business with opportunities to develop both a deep technical knowledge of modelling and a very wide range of soft skills (such as project management and communication).
  • You will join the diverse and knowledgeable LHSS team, which is part of Products Underwriting and has several core functions
  • They provide structured reinsurance & capital management solutions to L&H client
  • They assume life insurance risk in non-traditional formats
  • They underwrite life insurance-based securitizations, both for the firm and third party clients

Qualifications required:

  • Part qualified / qualified actuary preferred but is not a prerequisite if extensive experience as an actuarial model developer, particularly cash flow models, can be demonstrated

Experience required:

  • Experienced actuarial modeller with 5+ years’ experience developing complex actuarial models would be ideal
  • Previous exposure to the MoSes, RAFM, Risk Agility MoSes and Unify platform is advantageous but is not a prerequisite. Experienced actuaries with a strong modelling aptitude are also encouraged to apply
  • Experience of playing a key role in a transactions focused team, willingness to work under time pressure with agility to adapt
  • Sound technical actuarial knowledge particularly if transactions related
  • Ability to interpret actuarial model output and identify errors
  • Excellent communication skills, both oral and written, with an ability to work and manage stakeholders spread across several locations
  • Knowledge of the business in specific markets is beneficial but not required


Ben Ballard

Senior Consultant – Life Actuarial

T: +44 (0)203 867 9861

Email me


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