Capital Actuarial Analyst

4 weeks ago


Birmingham, United Kingdom The Emerald Group Full time

As a Capital Actuarial Analyst you will take care of provision of actuarial capital support to the Syndicate, while developing modelling and actuarial skills.

  • Location: London/ Manchester/ Birmingham/ Leeds
  • Category: Non-Life
  • Type: Permanent

Key Responsibilities:

  • Develop a deep understanding of capital modelling, its regulations and importance to the Syndicate
  • Further develop Igloo skills, and code increasingly complex model changes in the IM
  • Develop current knowledge and understanding of the IM
  • Provide suggestions on possible future changes to the IM including identifying its requirements
  • Data analysis to support the inputs of the IM
  • Support the work of the capital modelling team, including running the model, updating inputs, providing outputs and documentation
  • Carry out validation analyses as needed, assist with resolution of validation issues identified; and preparation of primary validation report for the Director of Risk & Compliance
  • Practical experience in a General Insurer or preferably a Lloyd’s Syndicate
  • Good IT skills (minimum of Excel, preferably SQL and some programming experience in Igloo desirable)
  • Intermediate knowledge and understanding of:
    • Underlying principles of Reinsurance and operation of reinsurance programmes
    • Capital Modelling
    • Underlying principles of Insurance
    • Solvency II reporting requirements and basis of calculations
    • Actuarial techniques
    • Capital Modelling process, coding and the IM
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