Responsibilities:

• Develop and maintain the parameters and calibrations for capital models in accordance with the Company’s regulatory approved Internal Model
• Lead, manage and direct the development of financial models to project the Solvency position of the General Insurance fund and the balance sheet and to capture the asset and liability behaviours under agreed economic scenarios
• Design, develop and maintain the Group’s strategy for the Internal Model. Ensure compliance with regulatory constraints and reporting requirements to the regulator, the Board and risk committees
• Lead and control the company’s response for PRA queries and requests relating to Internal Model, to justify the company position while minimising any capital implications

Experience Required:

• Deep knowledge and understanding of general insurance capital management best practice within the insurance market
• Strong understanding of financial markets and related systems