Job Description
Within the Group Risk Management Processes and Operations function we are looking for a talented and proactive resource to join the team.

The individual will be a member of the Group Capital Calculation Operations and Solutions unit which provides solutions covering various risk evaluation models.

Key responsibilities of the role will include:

  • Oversee the definition of requirements, design, functional testing and configuration of the solutions for Group Risk Management, Local Risk Management and other internal or external stakeholders related to several models
  • Contribute to the design of processes, governance, performance and flexibility requirements, as well as analysis and reporting needs of all stakeholders
  • Participate in project planning, wider IT technical aspects, and operational activities
  • Write or collect new functional requirements for new or existing IT solutions within Group Risk Management (“GRM”)
  • Review the functional design of the IT solution to ensure it meets the requirements
  • Evolve or create the relevant prototypes and replicating models to validate the functional design
  • Write / review the detailed list of test cases, both for the replicating model and the final IT solution
  • Coordinate the user acceptance test (“UAT”) and preview activities, and where needed, support technical and operational tests with functional insight or guidance


The ideal candidate will meet the following requirements:

  • Bachelor’s degree or higher in a related quantitative discipline such as Engineering / Mathematical Sciences / Computational Science
  • Knowledge of statistical techniques and their application, such as Monte Carlo Simulation techniques, distribution fitting, linear regression, correlations, and aggregation of risks. Direct work experience is advantageous
  • Experience in development of quantitative models, machine learning or equivalent tasks using Python, R or similar languages
  • Basic knowledge of testing practices and software development life-cycle processes

Nice to Have

  • Previous professional work experience Internal model or Standard Formula Solvency II implementations from IT and functional perspective
  • Intermediate knowledge of data analysis and visualization in various reporting contexts such as Business Intelligence or GIS information systems
  • Possess knowledge of Insurance and Financial business processes, and industry best practices and regulatory requirements for risk management, with particular focus on Solvency II regime
  • Available to deal with the delivery of an enterprise system, the related operational activities and analyse the impacted business processes
  • Proficient in performing multiple tasks and dealing with dynamic deadline requirements
  • Good communication skills, and open to dealing with people with different mindsets