2 LECTURERS IN ACTUARIAL OR FINANCIAL MATHEMATICS Job ...
2 LECTURERS IN ACTUARIAL OR FINANCIAL MATHEMATICS Job ...
2 LECTURERS IN ACTUARIAL OR FINANCIAL MATHEMATICS Job ...
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2 <strong>LECTURERS</strong> <strong>IN</strong> <strong>ACTUARIAL</strong> <strong>OR</strong><br />
F<strong>IN</strong>ANCIAL <strong>MATHEMATICS</strong><br />
<strong>Job</strong> Ref: A-581322<br />
Faculty: Science and Engineering, School of Physical Sciences, Department of Mathematical Sciences,<br />
Institute for Financial and Actuarial Mathematics (IFAM)<br />
Salary: Depending on qualifications and experience Range: £31,020 - £46,846 pa<br />
Location: University Campus Hours of work: Full-Time<br />
Tenure: Permanent Grade: 7/8<br />
Closing Date: 4 January 2013 Interview Date: To be confirmed<br />
_____________________________________________________<br />
Informal enquiries to Dr A Pantelous, email: aap@liv.ac.uk<br />
or Professor A Movchan, email: abm@liv.ac.uk<br />
Application Procedure<br />
Applications should comprise:<br />
*A completed applicant information form<br />
* A copy of your full curriculum vitae<br />
*A statement indicating the reasons for applying for this post and how your training and experience is relevant.<br />
If you have any particular requirements should you be invited to interview, please make this clear in your<br />
application.<br />
Submitting Applications<br />
Applications may be submitted by e-mail to jobs@liv.ac.uk or by post or in person to: Human Resources<br />
(Recruitment), The University of Liverpool, Hart Building, Mount Pleasant, Liverpool L3 5TQ<br />
ROYAL MAIL – Postal Pricing System. Please ensure that postal applications carry the correct postage according to the weight and<br />
measurement of the item, as items with insufficient postage will be held and delayed by the Royal Mail. Details of their pricing system are<br />
available online at www.royalmail.com or from a Post Office branch.<br />
Acknowledgement of Applications<br />
Please note that we are unable to acknowledge postal applications. If you would like an acknowledgement<br />
please enclose a stamped addressed card or envelope, and place it at the front of your application. If you e-mail<br />
your application you will receive an automated acknowledgement.<br />
Shortlisting and Interviews<br />
Shortlisting and interview arrangements are the responsibility of the recruiting Department. Please contact Dr A<br />
Pantelous on +44(0)151 7945079, email: aap@liv.ac.uk or Professor A. Movchan on +44(0)151 7944740,<br />
email: abm@liv.ac.uk if you have a query after the closing date.<br />
Outcome of Applications<br />
Vacancies at the University often attract a large number of candidates and it is not always possible to respond<br />
individually to every application. If you have not heard from the recruiting Department by end January 2013<br />
please take it that your application has not been successful.<br />
<strong>Job</strong> Ref: A-581322<br />
Page 1 of 6
Asylum & Immigration<br />
The University will comply with the Immigration, Asylum and Nationality Act 2006, which requires all employees<br />
to provide documentary evidence of their legal right to work in this country prior to commencing employment.<br />
Please be aware that you will be required to bring your passport (and visa if applicable) to interview so that it can<br />
be copied and verified by a member of the Selection Panel. For posts requiring a recognised degree level or<br />
equivalent qualification, and where there is no suitable UK or European Economic Area candidate, the University<br />
will take the necessary steps to secure UK Border Agency permission for a foreign national to take up<br />
employment.<br />
Should a candidate require a Certificate of Sponsorship in order to take up a post they will need to meet the UK<br />
Border Agency Tier 2 Points Based Criteria. A self assessment tool can be found on the UK Border Agency<br />
website at: www.ukba.homeoffice.gov.uk/pointscalculator<br />
A candidate may also be required to undertake an English Language test prior to commencing work at the<br />
University. Details of Home Office approved tests can be found at:<br />
www.ukba.homeoffice.gov.uk/sitecontent/newsarticles/pbsapprovedenglishlanguage<br />
Further information on the eligibility criteria for Certificates of Sponsorship can be found at:<br />
www.ukba.homeoffice.gov.uk/employers/points<br />
Diversity and Equality<br />
The University of Liverpool is committed to diversity and equality of opportunity. All employees and applicants<br />
for jobs will be considered on their abilities and will not be discriminated against on the grounds of age,<br />
caring responsibilities, colour, disability, employment status, gender, gender identity, marital status,<br />
nationality, race or ethnic origin, religion or belief, sexual orientation, socio-economic status or any other<br />
irrelevant distinction. Training is available to support career progression within the University.<br />
Two Ticks Disability : Guaranteed Interview Scheme (GIS)<br />
The University of Liverpool is committed to the employment of disabled people, and as part of our<br />
commitment, we guarantee to interview all disabled applicants who meet the essential criteria for a post and<br />
consider them on their abilities. If your disability prevents you completing the application form by the specified<br />
closing date, or when the vacancy closes early, due to a high volume of applications, please call the<br />
Recruitment Team to discuss alternative arrangements.<br />
To apply for a post under the disability GIS, you must disclose your disability (as defined by the Disability<br />
Discrimination Act, 2005), and mark X in the yes box on the Equal Opportunities Employment Form. This<br />
form must be returned with your application form. Full details of the scheme are available at<br />
www.liv.ac.uk/hr/organisational-development/Two_Ticks.htm<br />
Accessibility<br />
If you require copies of documentation in alternative formats, for example, large print or Braille, please<br />
contact jobs@liv.ac.uk or telephone 0151 794 6771.<br />
If you have any other requirements which will help you access the application or interview process or<br />
employment opportunities at the University of Liverpool, please let us know by contacting jobs@liv.ac.uk or<br />
telephone 0151 794 6771.<br />
PS / 13 November 2012<br />
<strong>Job</strong> Ref: A-581322<br />
Page 2 of 6
POST<br />
We are inviting applications for two lecturers with expertise in Actuarial or Financial Mathematics. We are<br />
looking to recruit one lecturer who specialises in Actuarial Mathematics and one lecturer who specialises in<br />
Financial Mathematics.<br />
The two lectureships are in the Department of Mathematical Sciences and are associated with:<br />
a) The Institute for Financial and Actuarial Mathematics (IFAM) which is a research institute within the<br />
Department of Mathematical Sciences, School of Physical Sciences playing a leading role in Actuarial<br />
and Financial Mathematics. Expansion in the fields of Actuarial and Financial Mathematics are of<br />
strategic importance to the University and as such there is major investment behind the institute.<br />
Actuarial and Financial Mathematics are key parts of teaching activities within the Department of<br />
Mathematical Sciences. For more information see http://www.liv.ac.uk/ifam<br />
b) The Institute for Risk and Uncertainty which is a multi-disciplinary, large-scale research institute. It<br />
provides expertise in quantifying, managing and mitigating risk and uncertainty. For more information<br />
see http://www.liv.ac.uk/risk-and-uncertainty<br />
You should have a good track record in either Actuarial or Financial Mathematics. However, exceptional<br />
candidates with an excellent track record of research in other mathematical areas related to<br />
actuarial/financial problems will also be considered. You will play a part in the development of the institutes<br />
through extending existing research networks within the university, building new networks nationally and<br />
internationally and contributing to the development of the institutes’ role within the region. You will be<br />
appointed in the Department of Mathematical Sciences, which forms part of the School of Physical Sciences.<br />
Informal enquiries about the positions should be addressed to the Director of IFAM, Dr A. Pantelous<br />
aap@liv.ac.uk or the Head of Department Professor A. Movchan abm@liv.ac.uk<br />
The post is available from 1 March 2013 or as soon as possible thereafter.<br />
DUTIES<br />
• To participate in research at an internationally-recognised level, in any substantial area of actuarial /<br />
financial mathematics. You will be expected to produce publications of high scientific quality in high<br />
impact journals, and to generate significant grant income.<br />
• To contribute to teaching by various methods of delivery, at undergraduate and postgraduate levels in<br />
areas of mathematics associated with the topics specified above as required.<br />
• To undertake assessment and examination duties as required.<br />
• To undertake administrative roles within the Institute for Actuarial and Financial Mathematics and<br />
Department of Mathematical Sciences as required<br />
<strong>Job</strong> Ref: A-581322<br />
Page 3 of 6
DEPARTMENT OF MATHEMATICAL SCIENCES<br />
The Department of Mathematical Sciences has international research expertise in Actuarial/Financial<br />
Mathematics, Applied Mathematics, Pure Mathematics, Statistics and Probability and Theoretical Physics.<br />
Currently there are 42 full time members of academic staff. The Department of Mathematical Sciences is a<br />
research-led Department, forming part of the recently-formed School of Physical Sciences, alongside the<br />
Departments of Chemistry and of Physics. The Department is responsible for teaching a wide range of topics<br />
in Mathematical Sciences to the equivalent of nearly 800 full time undergraduates across a range of degree<br />
programmes. Currently, our research interests span topics in:<br />
• Actuarial and Financial Mathematics: risk and ruin theory, social security schemes, financial<br />
network theory, structural bonds and derivative pricing, portfolio optimization<br />
• Applied Mathematics: mathematical biology, partial differential equations<br />
• Pure Mathematics: dynamical systems, singularity theory, algebraic geometry and knot theory.<br />
• Statistics and Probability: applied statistics and probability theory, stochastic modelling and risk<br />
theory, operational research and (stochastic) control.<br />
• Theoretical Physics: lattice gauge theory, string phenomenology, gauge field theories and<br />
phenomenology.<br />
Practically all our academic faculty members are research active. In the 2008 Research Assessment<br />
Exercise 52% of staff were judged to be Internationally Excellent or World Leading and a further 40% as<br />
internationally recognised. The Department also runs an MSc programme in Mathematical Sciences as well<br />
as the MSc in Financial Mathematics. More information about the Department of Mathematical Sciences can<br />
be found on the Department's webpage, http://www.liv.ac.uk/mathematical-sciences/<br />
THE UNIVERSITY OF LIVERPOOL<br />
The University of Liverpool is the original “redbrick” university, established in 1881 as a University College,<br />
and it received its Royal Charter in 1903. Today, it is famous for delivering high quality education in a diverse<br />
range of programmes. There are more than 15,000 undergraduates pursuing almost 300 programmes in over<br />
100 different subject areas, alongside a further 2000 postgraduate students and an annual income of £260<br />
million, which includes £100 million for research. The University remains strongly committed through the<br />
teaching and research of its staff to the 'advancement of learning and ennoblement of life' which the people<br />
of Liverpool helped establish over a century ago. The University attracts £93M annually in research<br />
commissions with the School of Physical Sciences a major contributor to this.<br />
<strong>Job</strong> Ref: A-581322<br />
Page 4 of 6
Probation<br />
This is a permanent post, but appointment will normally be for a probationary period of three years.<br />
Confirmation in appointment will be made at the end of this period provided that the Review Committee for<br />
the Faculty is satisfied that the appointee has fulfilled the criteria for confirmation. These criteria are:<br />
• that the appointee has applied himself or herself to research and the advancement of knowledge as<br />
shown by work completed or in an active state of preparation<br />
• that he or she has satisfactorily undertaken such teaching and taken such part in University<br />
examinations as have been assigned<br />
• that he or she has performed such administrative duties within the department as have been assigned<br />
The satisfactory undertaking of professional duties associated with the appointment will also be taken into<br />
account. If the appointee has been confirmed in appointment at this University or another equivalent UK<br />
institution, no further probationary period would be required in this post. Relevant experience at this or<br />
another institution, without confirmation in appointment, may be taken into account when determining the<br />
length of the probationary period. The University’s Learning and Teaching Strategy requires that all new<br />
probationary academic staff attend an Induction event, and undertake and complete the Certificate in<br />
Professional Studies in Learning and Teaching in Higher Education. Further details of the CPS can be<br />
obtained from Individuals may be exempted from all or part of the CPS, depending upon their qualifications<br />
and experience.<br />
Pension<br />
The Occupational Pension Scheme associated with this appointment is the Universities Superannuation<br />
Scheme (USS).<br />
Full particulars of the scheme can be obtained, on request, from the Director of Human Resources.<br />
An acceptance of this appointment will be taken as an application to join USS and have the appropriate<br />
contributions deducted from salary unless the Director of Human Resources is expressly notified in writing either<br />
before commencing employment, within three months of that date or on expiry of three months notice, that the<br />
appointee intends to make his or her own pension arrangements.<br />
Should the appointee decide to make his or her own personal pension arrangements, the University will not<br />
contribute to the personal arrangement. No other form of supplementation of pension benefits will be available<br />
from the University.<br />
It may be possible for a newly appointed member of staff who has not been in USS to have his or her<br />
accrued benefits from his or her former pension scheme transferred to the USS. In such a case, USS will be<br />
asked to investigate a transfer payment and will provide, on actuarial advice, a proposal for a number of<br />
years' credit in USS which such payment would secure. The member of staff is at liberty either to accept this<br />
or elect to deal with his or her accrued benefits as determined by the rules of his or her former scheme.<br />
<strong>Job</strong> Ref: A-581322<br />
Page 5 of 6
EMPLOYEE SPECIFICATION – Shortlisting Criteria<br />
Post Title: 2 Lecturers in Actuarial or Financial Mathematics Salary: £31,020 - £46,846 pa<br />
Department: Mathematical Sciences<br />
Attributes<br />
1. EXPERIENCE<br />
2. EDUCATION<br />
QUALIFICATIONS<br />
TRA<strong>IN</strong><strong>IN</strong>G<br />
3. SKILLS, GENERAL<br />
AND SPECIAL<br />
KNOWLEDGE<br />
4. PERSONAL<br />
ATTRIBUTES AND<br />
CIRCUMSTANCES<br />
No.<br />
1.1<br />
2.1<br />
3.1<br />
3.2<br />
3.3<br />
3.4<br />
3.5<br />
3.6<br />
4.1<br />
4.2<br />
4.3<br />
4.4<br />
Essential Criteria<br />
(Identified from – Application form/CV/Supporting<br />
Statement/Interview/References)<br />
Excellent track record of high-quality research in Actuarial /<br />
Financial Mathematics<br />
<strong>Job</strong> Ref: A-581322<br />
Desirable Criteria<br />
(Identified from – Application form/CV/Supporting<br />
Statement/Interview/References)<br />
Preparation of learning and teaching resources and delivering<br />
defined teaching elements within modules<br />
PhD in an area of Actuarial/Financial Mathematics Relevant professional qualifications and certifications e.g.<br />
Qualified actuary (for Actuarial Mathematics)<br />
Track record of publications in internationally excellent peerreviewed<br />
journals<br />
Ability to develop research networks across the university<br />
Evidence of teaching ability<br />
Ability to develop and deliver new taught programmes up to<br />
postgraduate level<br />
Strategic fit to the direction of the institute<br />
Excellent written and verbal communication skills including<br />
good English Language skills<br />
Commitment to high quality teaching<br />
Enthusiasm for working with students<br />
Team player - ability to listen, understand and learn<br />
Ability and willingness to contribute to the administration,<br />
strategic development and general life of the department and<br />
the university<br />
Track record of grant income<br />
Experience of applying statistics to insurance/financial data<br />
Experience of liaison between the industry and higher education<br />
Experience of working in the financial industry (for Financial<br />
Mathematics) or as an actuary (for Actuarial Mathematics)<br />
Member of an appropriate professional body and knowledge of the<br />
professional examinations offered by the Institute of Actuaries (for<br />
Actuarial Mathematics)<br />
<strong>Job</strong> Ref: A-581322<br />
Page 6 of 6