Group Head of Validation

{"description": " Group Head of Validation Welcome to our dynamic and forward-thinking team! We are on the lookout for a Head of Validation who is ready to develop and lead our validation function with enthusiasm and a fresh perspective. If you are passionate about model validation and capital modelling more generally, and want to make a real impact, this is the perfect opportunity for you! What You'll Do: As a Head of Validation, you will play a crucial role in the team, working closely with experienced professionals to develop and grow our model validation capabilities. Your key responsibilities will include: Develop the overall model validation scope and plan, managing the scope and costs of any external reviews commissioned. Act as the subject matter expert on the Solvency II/UK regulatory requirements, PRA & GFSC rulebooks and the frameworks used in assessing model risks and wider regulatory compliance. Deliver against the plan of activities, maintaining and developing the
Solvency II/UK validation, model risk and regulatory compliance frameworks, polices and standards. Consolidate results from model validation activities and present progress and findings to the relevant Committees and Boards. Maintain and amend the model validation scope and plan against a range of triggers events or changes within the business, supporting any major model change protocols. Collaborate with the Chief Actuary, Chief Risk Officer, and Head of Capital on wider review of methodology and assumptions in respect of internal models. Support the business with Risk and Capital Assessments for new products, businesses and propositions where appropriate. Monitor and report on all material validation findings across the Group to the relevant committees and boards Support the financial risk appetite process, with appropriate early warning indicators, triggers and limits and reporting mechanisms. Input into both the stress and scenario testing for the Group and the wider ORSA process. Key
Skills, Qualifications and Experience Essential Skills and Experience A qualified actuary with experience working on Internal Model validation Strong knowledge of Solvency II regulations Exceptional analytical and problem-solving abilities, with a keen eye for detail Excellent communication skills, both written and verbal, to effectively convey complex information. A collaborative mindset, ready to work with diverse teams and contribute to a positive work environment. Desirable Curious and eager to learn, with a passion for staying current on industry trends Why Join Us? Exciting Projects: Be part of innovative projects that challenge and inspire you. Professional Growth: Access to continuous learning opportunities. Supportive Environment: Work in a supportive and inclusive environment where your ideas are valued. Work-Life Balance: Enjoy a healthy work-life balance with flexible working arrangements. Fun Culture: Join a company and team that strives to make each working day fun and