Longevity Research and Innovation Specialist

  • 33458
  • Life - Actuarial
  • |
  • England
  • |
  • Mar 21, 2018
  • Develop new ideas and innovations in longevity, across the UK and international territories, to ensure that the company remains at the forefront for knowledge and influence and its assumptions remain appropriate.
  • Research new techniques to improve modelling and analysis of longevity in order to provide improved insight into the direction of future longevity. Develop solutions that are easy to implement and commercially relevant.
  • Use relevant and new statistical techniques in the delivery of solutions and identify and evaluate new data, technology and approaches to longevity risk management with the aim of enhancing competitive advantage.
  • Grow relationships with longevity-related external bodies to deliver longevity modelling insights and influence industry modelling practice
  • Keep up to date with emerging events that would lead to potential longevity risks and use this information to inform stakeholder’s understanding of uncertainty.
  • Raise brand profile, reputation and influence as a global market leader in longevity risk through high quality communications and presentation. Communicate company's longevity research initiatives internally and externally.
  • Communicate longevity research solutions through both written and oral communication with relevant stakeholders. Provide concise, clear and well communicated summaries of analysis.
  • Educate and inform stakeholders on key aspects of longevity research and development.
  • Work collaboratively with all team members to ensure that ideas can be implemented in the areas of pricing, reporting, capital management, solvency II and lifetime mortgages.
  • Qualified Actuary with 5+ years’ post qualification experience, a statistician, research fellow etc.
  • Experience in a commercial environment is beneficial, with a longevity background being preferable.
  • Longevity experience with knowledge of base and trend mortality and common practices is essential.
  • Practical experience of model development and the application of statistical methodologies is a must.
  • Understanding of key actuarial concepts relating to mortality, annuities, life table concepts and the methodology employed in mortality experience investigations.
  • Commercial knowledge of longevity risk products including bulk annuities, retail retirement, longevity swaps etc. would be desirable.
  • Modelling skills. Advanced Excel skills. Experience with modelling in R and SAS.
  • Strong problem solving and analytical skills (e.g. to break down the problem into separate components, form judgements, risk assessment and develop solutions).
  • Influencing - Ability to understand the different needs of stakeholders and persuade stakeholders to arrive at an optimal outcome. Respected by peers and stakeholders.
  • Communication - Good written, oral and presentation skills.
  • Team work - Ability to work coherently with peers and contribute to the delivery of data/projects in a timely manner.