PENSIONS ANALYST – MODELLING recruitment
The purpose of the role is to increase the Asset Projection Team’s general capabilities and in particular to support clients in the pensions sector.
Core Responsibilities:
- A key part of the role is to understand client requirements for pension scheme risk assessment and risk management between triennial valuations and to map this onto pensions products and capabilities.
- Provide training and support to clients in relation to the ‘Real-World’ offerings, in particular relating to solutions for pensions clients.
- Deliver modelling solutions using the Company’s stochastic/Monte Carlo simulation models to our pensions and other Real-World modelling clients (e.g. investment product managers)
- The role will further involve working with the Company’s financial modelling software to produce the following for clients:
- Standard calibrations for Company models.
- Bespoke calibrations and scenario sets.
- Product risk reports.
- Consultancy work in various forms.
- Work with our actuarial experts in the pensions, insurance and PC (general insurance) areas.
Core Skills:
- Excellent communication skills – both verbal and written.
- Pragmatic approach to problem solving.
- Capable of communicating complex technical ideas to clients and colleagues with varied levels of technical knowledge.
- Ability to work to demanding timescales while maintaining high standards.
- Willingness to innovate and challenge ideas.
- Good interpersonal skills – ability to build relationships within the team and with clients.
- Self-motivated.
- Teamwork and collaboration.
- Interpersonal communication.
- Functional acumen.
Core Requirements:
- The successful candidate should be studying towards an actuarial qualification, focusing on pensions (intending to sit or having sat UK actuarial exams: ST4, SA4)
- 2-3 years of experience in a role within a pensions or financial consultancy or working directly for a pension scheme.
- The role involves working with stochastic models; however, we will consider candidates who only have some academic knowledge of stochastic models so long as we can see willingness and ability to learn.
- Experience with Excel VBA. Knowledge of other languages, e.g. C# or R, is also desirable.
- Quantitative undergraduate degree in finance or similar.
- It is desirable for the candidate to have a postgraduate qualification in financial mathematics or a related subject.
- An understanding of current industry practices in the application risk assessment techniques in the pensions sector.
- It is desirable that the candidate is familiar with the use of stochastic models within pensions risk management.
- An understanding of economics and an ability to relate economic concepts to financial modelling.
- Some knowledge of financial derivatives (interest rate, credit derivatives, equity options, etc.)
- Excellent IT skills: a fast and competent user of computer software in general.
- Experience in a client-facing role is desirable (not essential)
Core-Asset Consulting offer specialist recruitment services to the Investment Banking, Financial Services, Secretarial Support, and Human Resources markets across Scotland.
"People are the core asset of every business"
June 8, 2012
• Tags: Accounting & Finance careers in the UK, Modelling recruitment, Pensions Analyst • Posted in: Financial