JOB DESCRIPTION

POSITION: Capital Actuary or Analyst

LOCATION: London/ Hybrid

Job Purpose:

A commercially focused role working with the Head of Capital to provide capital modelling expertise across the business.

Key Responsibilities:

Assist the Capital Function in meeting the following deliverables:

• Quarterly and annual capital reporting across several requirements; primarily Solvency II, RBC and AM Best BCAR
• Capital forecasts and stress & scenario testing for required entities, to meet ORSA, RSR, business planning and capital management
• Optimising capital assessments and liquidity for own risk assessment and reporting
• Support the business in assessing new coverholders; highlighting capital concerns and contributing to design of optimal structures
• Process documentation for business continuity, external audits and regulatory purposes
• Preparing regular reports and presentations to management on all the above as well as meeting documentation
• Other duties as required by the Capital Function
• To maintain compliance with any applicable UK or International statutory or regulatory obligation as required by the role. This includes but not limited to obligations arising from:
• The prudent management of the business
• Placing due regard on the interests of customers
• Observing rules on Sanctions and financial crime
• Regulatory requirements and local licensing restrictions
• Promoting and following the Group’s whistleblowing procedures

Education/Experience:

• Studying or newly qualified actuary
• 3-5 years’ experience in an actuarial discipline
• General Insurance Business experience is required with experience in Capital Modelling desirable
• Advanced user of Microsoft Excel and proficient user of other Microsoft Office products
• Experience with database and analytical tools such as SQL and R desirable
• Strong analytical acumen with attention to detail
• Effective communication skills and a team player
• Ability to work with a variety of disciplines outside of the department