About the Role
As a Senior Quants Risk Manager, you will play a central role in ensuring the integrity, robustness, and appropriateness of the models that underpin key business decisions. Working within the Transactions and Quants Modelling Oversight team, you will lead end-to-end reviews of a wide range of models covering asset pricing, liability valuation, ALM, and credit. The team values intellectual curiosity and collaboration as much as technical expertise, and team members are expected to challenge assumptions and influence modelling standards across the business. You will provide independent, evidence-based challenge on both the methodology and implementation of models, ensuring they meet regulatory expectations, internal standards, and industry best practice. The role requires close collaboration with model developers as well as engagement with senior stakeholders across risk, finance, and asset management. You will bridge the gap between technical detail and business decision-making, confidently explaining complex modelling concepts, assumptions, and limitations to senior stakeholders both verbally and through written reports. You will have access to production code and develop benchmark models and analytical tools in state-of-the-art systems. This is an opportunity to apply deep quantitative expertise to high-impact work, influence modelling strategy, and help shape how we manage risk across a growing and strategically important area of the business.
Responsibilities
- Lead end-to-end reviews of a wide range of models covering asset pricing, liability valuation, ALM, and credit.
- Provide independent, evidence-based challenge on model methodology and implementation.
- Ensure models meet regulatory expectations, internal standards, and industry best practice.
- Collaborate closely with model developers.
- Engage with senior stakeholders across risk, finance, and asset management.
- Confidently explain complex modelling concepts, assumptions, and limitations to senior stakeholders verbally and through written reports.
- Develop benchmark models and analytical tools in state-of-the-art systems.
Requirements
- Ability to analyze complex quantitative methodologies and communicate conclusions clearly to both technical and non-technical stakeholders.
- Demonstrated experience in a quantitative role within insurance or financial services (e.g., model validation, model development, or actuarial modelling).
- Ability to independently lead reviews of complex models.
- Intellectual curiosity and a willingness to explore unfamiliar topics beyond the immediate scope of a review.
- Good understanding of insurance regulatory frameworks (e.g., Solvency II).
- Comfortable engaging in constructive debate, collaborating with colleagues from different disciplines, and contributing to initiatives that support the wider business.
Skills
- Strong programming (e.g., Python, VBA, or actuarial modelling platforms).
- Ability to review quantitative code.
- Understanding of stochastic modelling techniques such as Monte Carlo, interest rate modelling, or asset-liability modelling.
Location
- London
- Birmingham
- Edinburgh
Work Type
- Hybrid
- Part-time
- Job-share
Experience Level
- Senior
Education Level
- MSc or PhD level in a quantitative discipline (e.g., mathematics, physics, statistics, or actuarial science) ideally.
Salary/Compensations
- Up to £145k
- Indicative bonus range of 30-60%
Benefits
- Private medical cover
- 38 days annual leave
- Excellent pension
- 12x salary life assurance
- Career breaks
- Income protection
- 3x volunteering days
About the Company
- Standard Life is a retirement specialist focused entirely on retirement savings and income.
- We champion the belief that everyone’s journey to and through retirement can be better.
- For more than 200 years, we’ve been helping our customers plan and prepare for their financial futures.
- Life today is increasingly complicated, uncertain and unpredictable.
- We offer our colleagues flexibility, trust and benefits that work for whatever life brings.
- In return we expect curiosity, connection, accountability and high standards.
- We make room for what matters - so you can bring your best, every day.
Equal Opportunity
- We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds.
- If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.
- If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
