Quantitative Analyst

Quantitative Analyst - Internal Model Team

Location: London (Hybrid - 50%)

Full Time – 35 hours

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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. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.

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 and 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.

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, including proposing, designing and implementing changes where necessary.
• 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.

Skills and Knowledge

• Experience in financial services, asset management, insurance, investment or investment consulting
• Proven problem analysis and resolution skills
• Strong technical and analytical skills
• Strong verbal, written communication and interpersonal skills
• Proficient in the latest technology tools, including Python
• Understanding of the fixed income investment universe
• Ability to manage smaller defined projects

Experience

• Experience of utilising technological advancements to innovate and improve processes
• Recent experience of asset modelling, portfolio construction and optimisation
• Previous experience of statistical and stochastic models or wider internal model methodologies
• Experience of developing practical solutions to complex technical issues

Examples of key activities that can be expected in this role:

• Transform existing models onto new platforms using Python or equivalent modelling software. This will include components of the internal model, internal model risk calibration tools, and capital & balance sheet optimisation tools
• 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, that identify 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.

Company Benefits

• A Competitive Salary, Pension Scheme and Life Assurance
• Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
• Private Medical Cover and Income Protection, just in case
• 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, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
• A variety of Employee Funded Benefits available to you via our Online Benefits Portal
• Plus, several additional purchase options available for you and your loved ones

Why Just?

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

We’re committed to building a more sustainable business, and we’re working hard to make progress against our Net Zero targets. We're reducing our reliance on fossil fuels in our offices, switching to more sustainable sources of energy and we're investing more of our money in green and social assets.

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, where our people feel proud to work at Just. We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.

Be Bold. Be Brilliant. Be Just.

At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.