| Job Title: | Quantitative Analyst, ART – Solvency II |
|---|---|
| Reference: | X00026 |
| Salary: | £Competitive + excellent flexible benefits (dependant on skills and experience) |
| Location(s): | London |
| Industry(s): | Financial Services |
| Advertiser: | Financial Services Authority |
| Employment Type: | Permanent |
| Posted: | 02-09-2010 |
Description:
Quantitative Analyst, ART – Solvency II£Competitive + excellent flexible benefits (dependant on skills and experience)
Canary Wharf, London
If you can combine proven quantitative skills with a first degree in a numerate discipline, we can offer you the ideal home for your talents at the Financial Services Authority (FSA). As the UK’s sole financial regulator it’s our job to protect consumers and maintain market confidence. Our ART team sits within CMMD (Capital Management and Modelling Department), one of four departments within the Prudential Risk Division (PRD). As part of this vital team, you’ll help to provide powerful quantitative analytics capabilities to PRD and the wider FSA.
As well as offering expertise in developing valuation and risk tools for stakeholders, you’ll focus on risk measurement, simulation and benchmarking tools for use in the supervision of insurance firms. There will be a particular emphasis on developing tools to support the internal model approval process under Solvency II which will involve working closely with PRD. This will be an intellectually demanding role which offers the opportunity to have a significant impact on the financial services sector and a high profile within the FSA.
We are looking for a solid research background, a wide-ranging understanding of financial mathematics and stochastic calculus and coding skills, including C++, VBA, MatLab or R. The ability to compare and contrast alternative modelling solutions, communicate technical issues succinctly and acquire new skills and knowledge quickly is essential. You should also have experience in a similar role within a financial or professional services firm and be able to apply your knowledge of developing quantitative analytical solutions. If you’re a qualified actuary or have a post-graduate degree or qualification in a quantitative or finance-related subject, so much the better.
If you’re keen to build a varied career around the development of Solvency II in the UK and internationally, find out more and apply at www.careersatfsa.com/solvencyII, reference X00026.
