Group Head of Validation

Group Head of Validation

We are seeking a Head of Validation to develop and lead our validation function.

• 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 trigger 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.

• 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.
• Curious and eager to learn, with a passion for staying current on industry trends.

• Be part of innovative projects that challenge and inspire you.
• Access to continuous learning opportunities.
• A supportive and inclusive environment where your ideas are valued.
• A healthy work-life balance with flexible working arrangements.
• A company and team that strives to make each working day fun.