Overview

Capital & Reserving Analyst / Senior Analyst – 50986

Ref: 50986

  • Location: London
  • Category: Graduate
  • Type: Permanent

Overview

Key Duties:

  • Support the team’s population, construction, running and maintenance of the Internal Model across Personal Lines & Commercial Lines. The principal tool used is ReMetrica
  • Lead in the second line review of the P&C assumptions calibrations for insurance risk
  • Support the independent review process to provide a second opinion on reserve recommendations of the actuarial teams within the business
  • Support the Head of Capital & Reserving in preparation and presentation of results of both Capital and Reserving exercises
  • Support the development and maintenance of the Internal model to ensure compliance with the risk measurement requirements evolving within local regulatory rules. In particular participate and contribute to group working parties and develop appropriate model evolution plans for implementation
  • Support the development and maintenance of any specialist tools or processes used within the second line reserving function to ensure fit for purpose and in line with best practice
  • Possess a detailed working knowledge of following specialist software relevant to internal model and reserving processes
  • Harper tools (internal software)
  • DFA models (e.g. ReMetrica)
  • Reserving software (ResQ)
  • Develop and maintain relationships with Group Risk Management to ensure an efficient validation of assumptions and calculations
  • Support in the development and sharing of use of the capital model within the business or suitable economic capital and value creation metrics against which business decisions can be tested

Qualifications required:

  • Typically part qualified actuary. Alternatively an actuarial/general insurance professional qualification or demonstrating equivalent insurance knowledge to fulfil key accountabilities for the role

Experience required:

  • 1 – 3 years insurance risk experience
  • Relationship management skills – ability to manage key relationships and act independently
  • Excellent written and verbal communication skills – able to interact with Senior Managers
  • Substantial product and industry knowledge and understanding of regulatory framework

Consultant

Sian Thorn

Senior Consultant - Graduates

T: +44 (0) 20 3867 9859

Email me

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