16 Oct
Hymans Robertson
Edinburgh
Job details
Here’s how the job details align with your profile.
Job type
- Full-time
Location
Exchange Place 1 1 Semple Street, Edinburgh
Full job description
We have an exceptional opportunity for a senior individual to take on a role within our award-winning Insurance & Financial Services practice, working side by side with our Partners and Client Directors across a variety of client assignments.
The role will be focussed on supporting our insurance and reinsurance clients across both risk & capital and investment & ALM. Core to our requirements is the ability to both generate proposition ideas and successfully bring solutions to the market, as well as overseeing high quality client deliverables as a subject matter expert.
It is essential that the individual is energised by working on a project basis and across a number of areas.
In return you will have the opportunity to work on a range of projects that insurers and reinsurers are tackling today such as Solvency UK reforms, investment risk management, illiquid assets and Matching Adjustment optimisation.
What will your role look like?
- Providing high quality support and advice to our insurance and reinsurance clients both in the UK and globally
- Developing and maintaining strong relationships with clients, building a strong network of contacts in the life insurance industry
- Identifying and developing further consultancy opportunities with new and existing clients
- Delivering to our clients as a subject matter expert in the key areas of your experience
- Collaborating across the business, particularly with our investment and risk transfer specialists in the firm, to deliver on cross-practice projects
- Helping to promote our insurance offerings to a wider audience, which includes conference speaking and writing articles
- Developing and shaping new investment propositions to take to our clients and prospects.
The Candidate
- Significant experience in investment and ALM work, Solvency II/Solvency UK work for insurers, either ‘in-house’ at an insurer or asset manager or, in consulting
- Experience of planning projects and track record of delivering quality work on schedule
- Excellent consulting skills and proven record of achievement and delivery
- Flexible in approach and comfortable with working in a changing environment
- Proven ability to manage multiple and sometimes conflicting demands
- Strong personal values, including a commitment to professional and ethical behaviour
- Collegiate worker with high emotional intelligence, able to quickly establish good working relationships with new colleagues
- Ability to develop a strong network of contacts in the life insurance industry
- Ability to both generate proposition ideas and successfully bring solutions to the current client base
- Ability to mentor and coach others
- Willing and able to travel where necessary
Technical knowledge
We are looking for a dynamic colleague with a deep understanding or working knowledge in one or more of the following:
- Solvency II/UK, in particular in relation to the asset side of the balance sheet.
- Understanding of investment markets and market risk drivers.
- How insurers manage and hedge market risks.
- Funded reinsurance transactions and structuring
- Expertise in one or more private credit assets that insurers typically invest in.
- Credit rating expertise.
- Matching Adjustment
- Private credit investment risk assessments
- Risk Frameworks and risk appetite setting of insurers.
- Insurance investment risk management.
- UK insurance regulatory environment and PRA agenda.
- Liquidity risk management.
- Credit risk and credit risk management.
- Experience of insurance Internal (Capital) Models for risks such as credit risk and market risks.
Other Experience and Qualifications
- Strategic business acumen and knowledge of risks facing the insurance industry, which will have been acquired in an ‘in-house’ or consultancy role
- Sound grounding in actuarial techniques and strong IT skills
- Dependent on experience, but candidates are likely to be qualified UK actuaries with proven, relevant post-qualification experience, or hold another professional investment or quantitative risk qualification.
- Proven commitment to continuous professional development
We work alongside employers, trustees and financial services institutions, offering independent pensions, investments, benefits and risk consulting services, as well as data and technology solutions.
That's the who and the what. More important is the 'why'. The work we do may not always seem the sexiest. But it's difficult, it's complex, and it's important. We help our clients, their employees,
members and customers make decisions that have real and direct consequences on their financial futures.
For 100 years we've taken this responsibility seriously. Together, as a team and with our clients and partners, we're here to build better futures.
▶️ Senior Consultant (Solvency UK/Matching Adjustment)
🖊️ Hymans Robertson
📍 Edinburgh