Fforde has an Urgent vacancy (actuary / statistician) with large Financial
institution based in London, you will be required to fulfil the following
tasks:
1. To analyse and update existing credit score models using SAS (logistic
regression and / or fuzzy logic) .
2. To develop new score algorithms or improve existing ones.
3 . To develop pricing models based on probability of default.
4. To develop and / or update risk based capital requirements using Monte
Carlo simulations
5 . To write documentation procedures concerning the abovementioned
developments
6 . To produce ad-hoc reports when required
7 . To develop forecasting models for claims, premium income and loss-
ratio.
8 . To build other statistical models and automatic systems as required
The work undertaken will lead to Improved performance of the main limits
service of Client. For example with improved algorithms and more detailed
rules in support, the client is targeting an increase of 7% on the
existing auto-approval level.
JOB ANALYSIS
Level of Formal/Academic Training, knowledge and Skills.
* Post Graduate level in Actuarial Management or in Statistics and
Modelling.
* Expert in credit scoring techniques
* Knowledge of SAS Software programming.
* Knowledge of business, economic and finance issues.
* Good organisational and communication skills.
2+ years experience in scoring financial data.
Level of expertise comparable to a specialist's level in scoring models.
Fact Finding and Analysis.
The position requires a high level of findings and analysis.
Significant responsibility in defining new models according to business
and economic evolutions.
Natalie Fforde
Curtis House
34 Third Ave
Hove
BN3 2PD
Tel: 01273 722366
Fax: 01273 325350
Mobile: 07769 700 222
Email: [log in to unmask]
www.fforde-management.com
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