Stochastic Modelling Manager

Salary:
£85,050 to £89,775 per annum

Location:
Croydon Our client is a unique organisation, proud of the work they do to protect the futures of millions of people in the UK who belong to defined benefit pension schemes. Their members rely on them to look after their pensions if their employers become insolvent and the pension schemes cannot afford to pay what they promised. They are looking for a Stochastic Modelling Manager to support their Head of Actuarial Risk and Modelling by ensuring that they have a stochastic Long-Term Risk Model (LTRM) that is operated, developed and maintained within agreed processes and control frameworks. The position will provide guidance on technical modelling assumptions, simplifications and limitations, contribute to the creation and maintenance of a development plan for the LTRM for its continual improvement and oversee the delivery of those improvements, assist in the benchmarking model performance and approach against industry best practice, and create and maintain service level agreements for the Stochastic Modelling team's main operational activities. Their ideal applicant will have extensive experience in operation, development and maintenance of complex stochastic models from within a financial services environment, be comfortable presenting advice and making recommendations to technical and non-technical audiences on modelling methodology and assumptions and be familiar with planning work for themselves and others, dealing with conflicting priorities and ensuring deadlines are met. Sound like you? Apply now. Now is a really exciting time for them. They've got big plans for 2019, and beyond, and they'd love you to join them. In return for your skills, experience and commitment they'll give you a challenging role in a dynamic business where you'll get the support you need to develop your career in a vibrant environment. And of course, you'll also get a competitive rewards package. They are a Disability Confident Employer. If you have a disability and meet the essential criteria for this role you will be guaranteed an interview. They're committed to being an inclusive employer and welcome applications from all. They are happy to talk flexible working. No agencies please. Stochastic Modelling, Technical Modelling, Financial Services, Quantitative Analyst This job was originally posted as www.totaljobs.com/job/88517712