Investment Risk Specialist - Capital Solutions

Job TitleInvestment Risk Specialist - Capital SolutionsJob DescriptionCapital Solutions is the newest line of business that Pacific Life Re offers to support clients. We are providing financial reinsurance to clients to enhance their balance sheet, either through accessing trapped capital, reducing earnings volatility or monetising value that currently sits off balance sheet. The Pricing team operate globally and are responsible for carrying out the risk assessment of each deal, alongside proposing appropriate pricing levels to cover this risk. They will also contribute to the structuring of the deals and client conversations.

The transactions will typically be of a bespoke nature, covering a range of products and risks across the world. The Capital Solutions team sits alongside the Protection and Savings & Retirement teams to offer a full comprehensive product suite to clients. We have an exciting opportunity for an individual who specialises in investment risk to complement our current team’s skills.

Role & ResponsibilitiesLead the assessment of market risk, providing expert insights and recommendations, for Capital Solutions opportunities, whilst ensuring alignment with Pacific Life Re’s risk appetiteCollaborating with the wider Capital Solutions / PL Re team to structure innovative solutions that meet clients’ needs while effectively managing market riskConduct in-depth analysis of potential opportunities, evaluating factors such as counterparty creditworthiness, prevailing market conditions and the underlying asset portfolioPerform robust sensitivity testing on assets to understand the remoteness of risk, potentially leveraging Economic Scenario Generators to inform the analysisMonitor global financial markets closely, translating and explaining market changes and their potential impact on our solutionsContribute to the development and refinement of the business lines risk appetite and framework for market risk, ensuring a robust and proactive approachQualifications & ExperienceStrong technical and problem-solving skills necessary, with the ability to work on a wide range of solutions at onceGlobal experience preferred; ideally Asia / Europe (wider than UK)Ability to run asset models and interpret results.

Prior experience in pricing / insurance is not required, but broad understanding of asset risks & strategies for liability driven investments is desirableStrong working knowledge of Bloomberg and asset modelling softwareGood knowledge of derivatives and investment structures used to support insurance liabilitiesProfessional qualifications (ideally CFA) with 5+ years of professional experience in an investment teamAbility to work independently in a flexible, dynamic team with some high-pressure deadlinesExcellent understanding of market risks (interest rates, FX, credit spread, liquidity, equity) and various asset classes (equities / fixed income securities / alternatives)Excellent communication skills with the ability to effectively explain new concepts to stakeholders and collaborate with other teams around the businessWorking For Pacific Life ReEvery person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step.

Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes. Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives.

We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only For Permanent And Fixed Term Employees)Leave 25 days of annual leave with option to buy/sell more days Adoption and fertility leave Generous enhanced parental leave HealthcareComprehensive private insurance coverage for employee and dependentsGroup Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary Optical benefits Savings & Retirement15% combined employee/employer contributions WellnessSubsidized gym membership Access to Employee Assistance Program Cycle to Work and Electric Car Salary Sacrifice Scheme Time off for volunteering Charitable matching of employee donations As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities.

Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible. Pacific Life Re ValuesPlease click here to view our company values