Capital Actuary/Analyst

1 month ago

London, United Kingdom Starr Insurance Companies Full time
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world's fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Role Purpose:

Support the Head of Capital Modelling, Chief Actuary, wider Actuarial team, Risk team and Senior Management through capital modelling . Take the lead day-to-day role in developing and embedding the Internal Model(s) used for capital setting for the European Starr entities.

Roles and Responsibilities:
  • Developing and enhance capital modelling capabilities for the Lloyd's syndicate, SIEL and SEIL, which may involve enhancing parts of existing models for entities, and building/consolidating reports from the models for various uses.
  • Preparing Solvency Capital Requirement (SCR) submissions for Lloyd's (the Lloyd's Capital Return) for the syndicate, and supporting other entity model development as required. Communicating results and providing analysis of change to the Head of Capital and Chief Actuary.
  • Supporting annual and ad-hoc parameterisation of capital models. This will involve investigating new methods and seeking new data sources to continually improve the process.
  • Preparing capital metrics and output to aid business planning and management decision making. Communicating these to underwriters to ensure their understanding of key results.
  • Line manage one Capital Analyst.
  • Supporting the Risk team with validation testing.
  • Providing reporting and present results to the Internal Model Committee as required.
  • Supporting maintenance of adequate levels of documentation in relation to the Internal Model, in-line with Solvency II requirements.
  • Development work to improve efficiency of and reporting from models and ad hoc group reporting.
  • Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
  • Operate within the Company's standards for Treating Customers Fairly.
  • Manage any potential conflicts of interest to avoid disrepute to the company's integrity.
  • Advise Compliance of any complaints immediately.


Experience:
  • Strong relevant/technical experience.
  • Reserving principles.
  • Lloyd's capital setting processes.
  • Solvency II principles, EU directives in relation to Solvency II and capital adequacy.
  • Reinsurance practices.
  • Prudential Regulatory Authority regulatory framework.


Skills:
  • RPC Tyche software experience (will consider experience with other capital modelling tools).
  • Statutory Reporting Tools.
  • MS Office - Excel, Access, Word, PowerPoint and Outlook.
  • Visual Basic (VBA) and similar languages.


Qualifications:
  • Qualified / Nearly qualified with Institute & Faculty of Actuaries or equivalent


Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

  • Capital Actuary

    1 month ago

    London, United Kingdom The Actuary Full time

    MERJE are working with a General Insurance company looking for a Capital Actuary to join their current set up. It's a time of growth for this business, who are looking for a Newly Qualified (or Nearly with relevant experience) Capital Actuary to work on aspects of Model Validation, Parameterisation and working on the Capital strategy. Qualified...

  • Actuary Analyst

    1 week ago

    London, United Kingdom The Actuary Full time

    Our clientis offering a unique opportunity for a Model Development Actuary/Analyst in London. This role involves joining the Risk Modelling team to contribute to the development of internal capital models and other risk models. Responsibilities include researching data sources, developing parameterisation processes and model methodologies, and...

  • Capital Actuary

    3 days ago

    London, United Kingdom The Actuary Full time

    Capital Actuary / Analyst IGLOO - Number 2 Are you currently working in capital modelling and looking for a step up? Bolton Associates are working exclusively with a Lloyd's Managing Agency who have an opening for an experienced capital modeller (4 years experience minimum) to join their team and act as deputy head of capital. The role will offer scope...

  • Junior Actuary Analyst

    1 month ago

    London, United Kingdom The Actuary Full time

    An opportunity has arisen for an experienced Senior Actuarial Analyst to join their skills with one of the most well-established General Insurers active in the UK market today. Our London-based client, who are investing heavily in their Actuarial department, are looking to recruit an experienced Senior Actuarial Analyst with an excellent understanding...

  • Capital Actuary

    1 week ago

    London, United Kingdom The Actuary Full time

    MERJE are working with a General Insurance company looking for a Capital Actuary to join their current set up. It's a time of growth for this business, who are looking for a Newly Qualified (or Nearly with relevant experience) Capital Actuary to work on aspects of Model Validation, Parameterisation and working on the Capital strategy. Qualified...

  • Capital Analyst Actuarial

    1 month ago

    London, United Kingdom Harrison Holgate Full time

    Capital Analyst (Actuarial) £75,000 Hybrid working The Actuarial space is seeing a lot of movement at the moment so if you are unhappy with your current role or simply want to make a change get in touch. Actuarial roles are very hard to come by and are recruited for on a need by need basis so do not miss out.

  • Capital Actuary

    2 days ago

    London, United Kingdom Bolton Associates Full time

    Lloyd's managing agency has an opening for an experienced actuarial analyst or qualified actuary with capital modelling experience (ideally IGLOO) to join it's capital team. The role would suit someone with a minimum of 4+ years experience who is looking to take on a number two role in a capital team. There will be the opportunity to mentor more junior...

  • Nearly / Newly Capital actuary

    6 days ago

    London, United Kingdom The Actuary Full time

    We have partnered with one of the highest preforming Lloyd's syndicates in the market to find them a Capital Actuary. This role is an exciting transformation project, looking for an actuary/analyst with internal model experience. This role is not limited to but includes: The opportunity to lead a team in the transformation, with great support from the...

  • Capital Actuary

    1 day ago

    London, United Kingdom Bolton Associates Full time

    Lloyd's managing agency has an opening for an experienced actuarial analyst or qualified actuary with capital modelling experience (ideally IGLOO) to join it's capital team. The role would suit someone with a minimum of 4+ years experience who is looking to take on a number two role in a capital team. There will be the opportunity to mentor more...

  • Capital Actuary

    22 hours ago

    London, United Kingdom Bolton Associates Full time

    Job Description Lloyd's managing agency has an opening for an experienced actuarial analyst or qualified actuary with capital modelling experience (ideally IGLOO) to join it's capital team. The role would suit someone with a minimum of 4+ years experience who is looking to take on a number two role in a capital team. There will be the opportunity...

  • Senior Actuarial Analyst

    1 month ago

    London, United Kingdom The Actuary Full time

    An opportunity has arisen for an experienced Senior Actuarial Analyst to join their skills with one of the most well-established General Insurers active in the UK market today. Our London-based client, who are investing heavily in their Actuarial department, are looking to recruit an experienced Senior Actuarial Analyst with an excellent understanding...

  • Capital Actuary

    1 day ago

    London Area, United Kingdom Bolton Associates Full time

    Lloyd's managing agency has an opening for an experienced actuarial analyst or qualified actuary with capital modelling experience (ideally IGLOO) to join it's capital team. The role would suit someone with a minimum of 4+ years experience who is looking to take on a number two role in a capital team. There will be the opportunity to mentor more junior...

  • Capital Actuary

    2 days ago

    London Area, United Kingdom Bolton Associates Full time

    Lloyd's managing agency has an opening for an experienced actuarial analyst or qualified actuary with capital modelling experience (ideally IGLOO) to join it's capital team. The role would suit someone with a minimum of 4+ years experience who is looking to take on a number two role in a capital team. There will be the opportunity to mentor more junior...

  • Reserving Actuarial Analyst

    1 month ago

    London, United Kingdom The Actuary Full time

    Reserving Actuarial Analyst This is an exceptional opportunity for a driven student actuary to develop within a leading P&C insurer. The successful candidate will join a high performing reserving team, supporting either motor or specialty lines of business. You'll be responsible for IFRS17 production, quarterly reserving, improving existing actuarial...

  • Reserving & Capital Actuarial Analyst

    1 month ago

    London, United Kingdom High Finance (UK) Limited TA HFG Full time

    ** LLOYD'S RESERVING & CAPITAL ANALYST OPPORTUNITY OPEN TO LIFE/PENSIONS SWITCHER ** We have partnered with a small Lloyd's of London business to find them and Actuarial Analyst with 1-2 years experience. This is a fantastic opportunity for an Actuarial Analyst of any background (Including Life/Pensions) to make the move into the Lloyd's...

  • Senior Actuarial Analyst

    3 weeks ago

    London, United Kingdom Sellick Partnership Full time

    An opportunity has arisen for an experienced Senior Actuarial Analyst to join their skills with one of the most well-established General Insurers active in the UK market today.Our London-based client, who are investing heavily in their Actuarial department, are looking to recruit an experienced Senior Actuarial Analyst with an excellent understanding of...

  • Capital Actuarial Analyst

    2 days ago

    London, Greater London, United Kingdom Everest Insurance Full time

    Title:Capital Actuarial AnalystCompany:Everest Advisors (Uk), Ltd.Job Category:AnalyticsJob Description:Who we are: Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus...

  • Actuarial Analyst

    3 weeks ago

    London, United Kingdom The Actuary Full time

    We're currently seeking an Actuary to join a Property Retro team in London. The Analyst should be a part to nearly qualified actuary and will be primarily responsible for technical modelling and financial analysis for a range of UK and international insurers and property retro business. Responsibilities include both the technical delivery of work and the...

  • Actuarial Consultant

    4 days ago

    London, United Kingdom The Actuary Full time

    Senior Actuarial Analyst - Regulatory Reporting & Reserving We are working with an exciting Syndicate that are going through a growth phase and looking for a senior reserving analyst to join their reporting team. The role will report into the Reserving and Reporting Manager and have exposure to the wider actuarial team and senior stakeholders within the...

  • Senior Capital Actuarial Analyst

    2 weeks ago

    London, United Kingdom Miryco Consultants Ltd Full time

    A world-leading general insurance firm is hiring a Senior Capital Analyst to work within a high-performing Capital team, supporting calibration and development of the internal model  for personal & commercial lines as well as the Health book. The successful applicant will be a part of the 2nd line of defence Actuarial Function and will conduct and present...