Jonathan Malpas

Jonathan Malpas

Prudential Risk Director, Retirement @ Legal & General

About Jonathan Malpas

Jonathan Malpas serves as the Prudential Risk Director for Retirement at Legal & General, where he has worked since 2014. He has extensive experience in actuarial roles, having held various positions at Munich Re and Legal & General over a career spanning more than three decades.

Current Role at Legal & General

Jonathan Malpas serves as the Prudential Risk Director for Retirement at Legal & General. He has held this position since 2014, contributing to the management of prudential risk within the organization. His responsibilities include providing actuarial advice to the Board, ensuring that product design and liability valuation align with divisional objectives. He also ensures compliance with Group policies and standards in managing prudential risk.

Previous Experience at Munich Re

Prior to his current role, Jonathan Malpas worked at Munich Re for over a decade. He began as an Actuarial Assistant from 1991 to 1997, then progressed to Assistant Actuary from 1997 to 2000. He continued his career at Munich Re as Appointed Actuary from 2000 to 2006, and later served as Chief Financial Officer from 2006 to 2013. His extensive experience at Munich Re provided him with a solid foundation in actuarial practices and financial management.

Education and Qualifications

Jonathan Malpas studied at The University of Edinburgh, where he earned a Master of Arts (MA) in Mathematics from 1984 to 1988. He furthered his professional qualifications by becoming a Fellow of the Institute of Actuaries. His educational background equips him with the analytical skills necessary for his roles in actuarial science and risk management.

Role at Legal & General Reinsurance Company

Before his current position, Jonathan Malpas was the Managing Director of Legal & General Reinsurance Company in Bermuda from 2013 to 2014. This role involved overseeing reinsurance operations and contributed to his overall expertise in risk management and financial oversight within the insurance sector.

Actuarial Responsibilities

In his role at Legal & General Retirement, Jonathan Malpas is responsible for the formal ownership and oversight of the methodology and assumptions used for financial and regulatory reporting. His work ensures that the organization's actuarial practices meet industry standards and regulatory requirements.

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