1. Responsible for the ongoing appropriateness of the PRA approved Credit Risk and Market Risk Models ("the models") and use of these models to gain regulatory approval for new asset classes:

• Responsible for the development, PRA approval and subsequent embedding of a Market Risk model for CLL/ CLG.

• Oversee / perform the assessment of the appropriateness of methods and calibration assumptions in respect of each of the Bonds, Commercial Mortgages and Equity Release Mortgages Credit Risk model components and the inflation and interest rate components of the Market Risk Model;

• Oversee / perform 1st line validation;

• Monitor the ongoing appropriateness of the models against the range of triggers that may require changes to the model and implement any changes that arise from these triggers and PRA feedback;

• Innovate proposals to make the models (and capital management more generally) more efficient and effective including asset structuring and use of derivatives (including the modelling for collateral);

• Presenting modelling results to optimise risk/return trade-off decisions and promote the "use" of the models for example with the Insurance Business unit in respect of CLUK's new business pricing and reinsurance strategies

• Support the PIM governance processes for Model Change, Limitations and Expert Judgements, ensuring accurate completion and maintenance of the required templates and reports.

• Oversee the maintenance of documentation for both models in line with the PIM standards.

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2. Lead the regular results production process to meet working day timetable requirements:

• Oversee / perform the regular model recalibration exercise;

• Oversee / perform the production of the output required for quarterly / annual SII reporting including the output required for the ORSA.

• Oversee ERM related activity including fair value and capital modelling, basis review and Fixed Trust Cash Flow Note modelling, rating and issuance.

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3. Responsible for the production and presentation of high-quality and timely reports and presentations to the following internal and external stakeholders in respect of the Credit Risk and Market Risk Models.

• Internal Model Executive Group (chaired by the CLUK CEO), Internal Model Governance Committee, CLL and CLG Boards and other internal stakeholders

• PRA and other external stakeholders

• CLUK Executive to support capital considerations in making strategic business decisions for example in terms of pricing, reinsurance and investment decisions

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4. Lead the development and embedding of the Global Canada Life IFRS17 Credit Risk assumptions and modelling and responsible for its ongoing appropriateness and maintenance, including significant interactions with stakeholders (including regulators and auditors). Keep up to date with all the legislative, regulatory and internal strategy developments in-so-far as they impact the Credit Risk Model and Market Risk Model and advise both the Chief Investment Officer (as Credit Risk and Market Risk Model owner) and the Actuarial Function Head (as the overall Model owner) accordingly.

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5. Manage, develop, and motivate other members of the team in the achievement of their individual and business objectives. Provide direction, guidance and coaching to colleagues in the wider Actuarial and Finance team to develop skills and improve the quality of output from the area. Promote a strong performance culture and encourage a commercial mindset.