Quantitative Analyst

Quantitative Analyst

Location: London

Job Type: Full time

Who are Just? We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing FTSE 250 company helping customers enjoy the retirement they deserve.

This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.

Purpose

We have a new and exciting opportunity for a Quantitative Analyst to join our Internal Model team here at Just. You will support the Head of Internal Model and Senior Actuaries in developing the methodology used to calculate the Group’s regulatory capital requirement.

You will propose, design and implement technical developments to ensure that the methodology in the IM remains best practice for managing the business and compliant with emerging regulatory requirements.

You will be a key member of the Internal Model team assessing methodologies and optimising processes that inform capital decisions across the firm.

If you’re looking for a capital role with the opportunity to leverage new technologies to drive innovation, efficiencies and influence positive change then we’d love to hear from you.

Job Role Accountabilities

As a Quantitative Analyst, you will be expected to:

• Leverage new technologies to develop and maintain the Group’s Internal Model, to support Solvency II and IFRS balance sheets, risk appetite and the ORSA.
• Provide quantitative expertise to support the Capital Management function.
• Utilise modelling best practices to build out internal libraries & tools and ensure adherence to internal model risk policies.
• Keep up to date with internal, current and new industry trends in the Technology space and Regulatory environment.
• Coach and manage more junior members of the Internal Model team on projects.

Examples of Key Activities

• Transform existing models onto new platforms using Python or equivalent modelling software.
• Contribute to the delivery of the annual proxy structure review process to optimise efficiency.
• Carry out the regular recalibration methodology and development of specific risk groups as part of the annual calibration of the Internal Model risks.
• Prepare analysis to assess the capital model implications of Group projects, identifying risks, issues and opportunities that could impact the capital position.
• Work with Actuarial Reporting, Systems and ALM teams to enhance the Solvency II reporting process.

Experience

• Relevant experience within Financial Services, Asset Management, Insurance, Investment or Investment Consulting, with a minimum of 2 years experience in a quantitative role.
• Proficiency in Python is essential.
• Strong asset modelling, portfolio construction and optimisation experience is essential.
• A broad understanding of the fixed income investment universe and the insurance industry is desirable.
• Ability to use technological advancements to innovate and improve processes.
• Ability to work efficiently and be comfortable working with unfamiliar concepts.

Company Benefits

• A Competitive Salary, Pension Scheme and Life Assurance.
• 25 Days Annual Leave plus an Additional Day for your Birthday.
• Private Medical Cover and Income Protection.
• A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets.
• Opportunity to progress within your career both in-role and within the company.
• FREE access to the Headspace App and a 24/7 Employee Assistance Helpline.
• A variety of Employee Funded Benefits available via our Online Benefits Portal.

Why Just?

At Just, you’ll have the opportunity to develop your career while making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture - we’re ambitious, curious and collaborative.

We’re committed to building a more sustainable business, and we’re working hard to make progress against our Net Zero targets.

Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making.

Our work on Diversity, Equity, Inclusion and Belonging aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just.

Be Bold. Be Brilliant. Be Just.