Average Modelling Analyst salary in London

We are working with a leading global insurer to find them a Senior Actuarial Analyst to join their Model Development team within the Global Actuarial function. This role suits someone who enjoys combining actuarial thinking with technical problem-solving - developing and maintaining pricing and analytical models, working with large data sets, and improving model infrastructure and governance. Develop and maintain actuarial and pricing models to support business strategy. Improve model performance, reporting, and data integration. Contribute to model validation, governance, and documentation. Support the development and monitoring of portfolio performance metrics. You'll work closely with pricing, underwriting, IT, and finance teams to deliver meaningful insight and enhance actuarial capability across the business.

An established UK-based financial institution is looking to appoint a Senior Model Risk Analyst within its central Risk function. The successful candidate will join a specialist Model Risk Management (MRM) team responsible for maintaining the organisation’s framework for model governance, validation, and independent oversight across all risk categories. This role will focus on the independent review and validation of regulatory and non-regulatory models, supporting the broader aim of ensuring that model risk is appropriately identified, managed, and monitored across the business. Key Responsibilities Perform independent validation and periodic reviews of models held in the firm’s model inventory, including IRB, ICAAP and ILAAP models, as well as other quantitative or deterministic methodologies.Support the ongoing development and enhancement of the Model Risk Management Framework, ensuring compliance with relevant regulatory standards and internal governance expectations.Identify, assess, and monitor key model risks, ensuring these are appropriately managed in line with the firm’s risk appetite.Collaborate with risk and quantitative teams on ICAAP, stress testing and model performance assessments.Present validation results, findings, and recommendations to internal committees and senior stakeholders.Maintain up-to-date awareness of regulatory developments and best practices in model risk management. Ideal Candidate Experience working in financial services, ideally within model validation, model risk management, or a quantitative risk discipline.Knowledge of IRB regulatory requirements (CRR, EBA, PRA) and familiarity with model risk guidance such as SR11-7, SS1/23 and SS3/18.Educated to degree level (or equivalent) in a quantitative discipline such as Mathematics, Statistics, Data Science or Engineering.Practical experience using one or more statistical programming tools (SAS, Python, SQL or R).Strong analytical and problem-solving skills with the ability to communicate complex technical information effectively to non-technical audiences.Proactive, organised and able to work both independently and collaboratively. InterQuest Group is acting as an employment agency for this vacancy. InterQuest Group is an equal opportunities employer and we welcome applications from all suitably qualified persons regardless of age, disability, gender, religion/belief, race, marriage, civil partnership, pregnancy, maternity, sex or sexual orientation. Please make us aware if you require any reasonable adjustments throughout the recruitment process.

Like your models solid, your data clean, and your impact global? This one's for you. A leading specialty insurer is seeking a Senior Capital Modelling Analyst to join its high-performing Corporate Finance team. This is your chance to play a pivotal role in the design, development, and delivery of a group-wide Economic Capital Model (ECM) across global entities. Key responsibilities: Support the production of capital assessments for regulators and rating agencies (PRA, Lloyd's, BMA).Lead analysis, validation, and commentary of selected risk categories within the Economic Capital Model.Enhance model methodologies, processes, and controls to ensure robustness and regulatory alignment. What you'll bring: 2-5 years' experience in capital modelling within insurance (London Market experience desirable).Strong analytical background with Tyche or Igloo exposure preferred; programming skills (VBA, SQL) a plus.Part-qualified or student actuary with solid progress on exams and a numerate degree. This is a role for someone who thrives on analytical precision, cross-functional collaboration, and seeing their work influence real-world financial decisions. Eames Consulting is acting as an Employment Agency in relation to this vacancy.