Capital Modelling Actuary
4 weeks ago
Arthur is delighted to be collaborating with a specialty insurance and reinsurance provider who are seeking a Senior Capital Modelling Actuary to join their team. This role offers an opportunity to work on strategic underwriting optimisation and provide key analytics for decision-making.
Responsibilities:
- Support the maintenance and operation of internal reinsurance (RI) models.
- Manage the calculation and reporting of outwards reinsurance recoveries for various scenarios.
- Conduct proactive analysis on reinsurance renewals and pricing.
- Assist in reinsurance optimization and driving profitability across the business.
- Collaborate on the calibration, review, and testing of the capital model, ensuring its alignment with business risks.
- Work closely with the Capital, Underwriting, Pricing, and Financial Planning teams to optimize business performance.
- Ensure timely delivery of model analysis to support underwriting plans and counterparty risk assessments.
- Document and peer review work in line with Technical Actuarial Standards.
Requirements:
- Bachelor's degree in Mathematics, Science, Economics, or a related field demonstrating strong mathematical skills.
- Minimum of 3 years of experience in capital modelling within the insurance or reinsurance industry.
- Experience with DFA models such as Tyche, Igloo, or similar tools.
- Strong proficiency in Excel, with solid analytical and problem-solving abilities.
- Clear and effective communication skills, capable of engaging with both technical and non-technical teams.
- Ability to work independently and manage multiple tasks within deadlines.
- A critical thinker with attention to detail and the ability to assess the reasonableness of outcomes.
Right to Work: Candidates must have the right to work in the UK. Unfortunately, visa sponsorship is not available for this position.
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