We're a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly. With the defined benefit buy in / buy out space growing each year, Just continues to annually grow its business by over £4bn of assets.
We are a purpose driven company with compelling and credible goals. Quite simply, we help people achieve a better later life. We achieve this by providing competitive and innovative products, services, financial advice and guidance to help our customers achieve security, certainty and provide them with peace of mind in retirement.
That's who we are. We're a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement.
Purpose
To oversee the stress and scenario testing across the Group to enable effective monitoring of risk exposure and to support strategic decision making. In particular, to lead on the use of technology to improve the speed and accuracy of stress and scenario testing.
Job Role Accountabilities To lead the development of methodologies, tools and processes to ensure the Group can perform robust, flexible and timely stress and scenario testing to monitor risk exposure and support decision making, with a particular focus on the use of technology.Engagement with key stakeholders across the Group to get buy-in on proposed methodology and processes.To engage with 2nd line, management and Board to ensure that the scope of stress and scenario testing meets their needs and to communicate the results and conclusions to management.To identify and execute management actions and/or capital solutions to optimise the balance sheet and to reduce volatility.Examples of Key Activities Develop methodology, tools and processes for stress and scenario testing, leveraging new technology for efficiency and scalability.Manage key stakeholders across the business that are/will be involved in stress and scenario testing.Join the Stress and Scenario Testing Forum to contribute to setting the Group's priorities and to report on progress and results.Meet with external parties to identify and assess potential capital solutions.Advise management on emerging risks and potential mitigating actions.Lead and support group projects that impact the capital position.Skills and Knowledge Strong understanding of Solvency II framework, particularly the Solvency UK Matching Adjustment reforms and internal models.Excellent analytical and problem solving skills.Good understanding of the products/services provided by the Group, their risks and their capital requirements.Enthusiastic about leveraging new technologies to drive innovation and efficiency.Ability to construct frameworks and methodologies by thinking through first principles.Ability to maintain competence and up-to-date knowledge.Ability to lead and influence others, and to build collaborative relationships with a range of stakeholders across the business.Experience Life industry experience in a Solvency II environment.Experience in delivery of projects.Experience in engagement with senior management within both 1st and 2nd line.Qualifications Qualified FIA, FFA or equivalent.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? We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050 and our scope 1 and 2 emissions to Net Zero by 2025. We've made good progress so far and encourage our people to make small and meaningful changes in their everyday lives, so that we can protect our planet for future generations.
Diversity, Equity and inclusion (DE&I) is a key priority for Just as part of our overall strategy and ensuring all of our people feel proud to work at Just. We have joined a number of initiatives including the Race at Work Charter, designed to improve outcomes for employees from underrepresented backgrounds. We also run a Reciprocal Mentoring scheme for employees from a BAME background, those with a disability and those who identify as LGBTQ+. There are multiple employee network groups, which champion issues including race, gender, social mobility and neurodiversity.
What's clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly - each other.
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