Python Developer (Actuarial Models)

Python Developer - Actuarial Models

Location: London – hybrid 50%

Contract: Permanent

Hours: 35 hours

Purpose

In this role you will help develop the models that support the senior actuaries and heads in the Asset Liability Management (ALM) team in managing the ALM position of the Group.

You will assist with managing the ongoing capital adequacy of the Group, especially in relation to exposure to market risks.

About 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 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.

Key responsibilities

• Modernise the current models using Python to enhance the effectiveness and efficiency of the ALM team.
• Support senior team members in defining principles and practices for the investment of assets to ensure an efficient and safe ALM position is maintained over time.
• Perform the quantitative analysis for the forward-looking ALM position of each regulated insurance entity, and the overall Group.
• Assist with recommending actions to ensure the investment portfolio remains appropriate for the liabilities.
• Support senior team members with analysing the efficiency of, and assist developing recommended actions and strategies to manage and optimise, the ALM position in light of overall business objectives.
• Support senior members of the team in identifying and recommending actions to maintain the efficiency of the Matching Adjustment Portfolio(s).
• Perform analysis to support the monthly process to structure assets for inclusion in the Matching Adjustment Portfolio.

What we’re looking for

• Strong programming skills in Python, SQL, and VBA.
• Proven track record of using technology to drive innovation and process improvement.
• Experience in actuarial modelling.
• Experience developing practical solutions to complex technical challenges.
• Experience of model development and maintenance.
• Proven problem analysis and resolution experience.
• Some exposure to UK life insurance sector, ALM, hedging, capital management or risk management would be helpful.

Our behaviours

At Just you’ll have the opportunity to develop your career, whilst 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.

Every decision we make centres around being Just and delivering the best outcomes for our customers.

What’s in it for you

• A competitive salary, pension scheme and life assurance.
• 25 days annual leave plus an additional day on us for your birthday.
• Private medical cover and income protection.
• A generous and highly achievable bonus scheme.
• Opportunities to progress your career in-role and within the company.
• Free access to the Headspace app and 24/7 employee assistance helpline.
• A variety of employee funded benefits available via our online benefits portal.

Belonging at Just

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 DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging.

We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets.

Application details

Shortlisted candidates will be contacted regarding next steps which may include an initial phone interview and in-person assessment.

Be Bold. Be Brilliant. Be Just