Risk Analyst – Solvency II

3 weeks ago


London Area, United Kingdom Comtecs Group Full time

Risk Analyst – Solvency II, Bermuda Solvency Capital Requirements (“BSCR”), Quant Analysis, Exposure Management; Excel, VBA, PowerBI etc. Permanent, London (4 days in office, 1 from home). £80k - £85k (Negotiable) +Bonus +Benefits.



Risk Analyst sought by global Insurance / Reinsurance company working within Property, Casualty and Specialty markets.



***NOTE: This vacancy is offered by the IT Recruitment Division of Comtecs and is based within a global Insurance/Reinsurance company, with HQ based in the City of London.***



Working closely with the senior management team in Bermuda, the Risk Analyst will provide support across the wider Risk team, Investments, Treasury, Finance, Actuarial, Capital Partners,

Portfolio Analytics and Underwriting through:



  • The continuous development, maintenance and embedding of risk, capital and
  • solvency management, monitoring and reporting activities
  • Assist in the ongoing monitoring of capital including Group Solvency Self-Assessment (“GSSA”) and entity level Commercial Insurer's Solvency Self-Assessment (“CISSA”) processes
  • Support the production of quarterly and annual solvency reports for both the Group (Solvency II Framework) and Bermuda Solvency Capital Requirements (“BSCR”) insurance entities.
  • Assist business planning through preparation of capital projections and capital scenario analysis
  • Produce clear and concise documentation and effectively communicate insights and results to stakeholders



As such, we are searching for candidates who:



  • Have knowledge of risk-based capital models under the Bermuda or Solvency II Framework
  • Data management and analytical skills with the ability to reliably collect, manage and assimilate large amounts of data including Treasury Finance and Actuarial / risk models
  • Excellent organizational skills, initiative and ability to work to fixed deadlines
  • Advanced knowledge of MS Excel
  • Knowledge of data analysis and presentation using tools/software such as SQL, PowerBI
  • Possess exceptional communication skills and ability to present to management



The company operates a global 4 day in-office (City of London), 1 day from home policy. Flexibility exists around working hours and exceptional benefits, bonus compensation and career progression are offered in return.


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