Economic Capital Model Developer

19 hours ago


London, Greater London, United Kingdom The Emerald Group Full time
About The Role

This is an excellent opportunity to work as an Economic Capital Model Developer with our company, based in London. As a key member of our Group Actuarial team, you will be responsible for planning and delivering the annual capital assessment.

Responsibilities
  • Capital Modelling: Develop and maintain the Economic Capital Model for the Group and Insurance entity, focusing on methodology, risk calibration, dependency/aggregation, validation, and analysis.
  • Model Documentation: Maintain model documentation and prepare reports of modelled results, adhering to Enterprise Risk Policies and Standards.
  • Risk Analysis: Prepare analysis and associated investigations to risk calibration models, participate in workshop discussions with stakeholders.
  • Platform Development: Implement modelling changes to the Capital Modelling platform and ensure proper control, documentation, and output.
Requirements
  • Newly/ nearly qualified Actuary (e.g. IFoA).
  • General, Health or Life Insurance background.
  • Previous exposure to capital modelling techniques and reporting.
  • Aon Re-Metrica or Aon Tyche software knowledge is an advantage.

The estimated salary for this role is £65,000 - £85,000 per annum, depending on experience and qualifications.



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