Risk Modelling Actuary / Senior Analyst (Finance)

TL;DR

Risk Modelling Actuary / Senior Analyst (Finance): Developing risk modelling for illiquid credit-risky assets within the Solvency II Internal Capital Model with an accent on technical development and stakeholder communication. Focus on implementing stochastic simulation, VaR methodology, and enhancing calibrations for regulatory capital.

Location: Hybrid (Stirling or London offices)

Company

hirify.global is a long-standing savings and investments firm combining asset management and insurance expertise to offer wide-ranging financial solutions.

What you will do

• Develop risk modelling for illiquid credit-risky assets as part of the Solvency II Internal Capital Model project.
• Draft proposal papers and technical documentation for internal and PRA approval.
• Perform risk identification and modelling exercises to support calibrations.
• Collaborate with Treasury, Investment, and Group teams to define asset and market data requirements.
• Calibrate market and credit risks and refine the dependency structure between risks.
• Research and implement enhancements to methodology and tools.

Requirements

• Bachelor’s, Master’s, or PhD in a quantitative subject (Mathematics, Computer Science, Actuarial Science).
• Practical experience in code development using Python, C++, R, or Matlab.
• Strong understanding of statistics, including stochastic simulation, VaR methodology, and back-testing.
• Good knowledge of financial markets and multiple asset types.
• Proven experience in stakeholder management and presenting technical findings.
• Must be based in the UK and able to work in a hybrid setup (Stirling or London offices).

Nice to have

• Professional designations such as FIA, FFA, CFA, or FRM.
• Experience in research and development of stochastic models.

Culture & Benefits

• Competitive pension scheme with 18% total contributions.
• 38 days of annual leave, including bank holidays, with option to purchase more.
• Private Healthcare, Critical Illness cover, and Life Assurance.
• Comprehensive parental leave via the Inspiring Families policy.
• Share Save and Share Incentive Plan.