Capital Modelling Actuarial Analyst

1 day ago


Dublin, Dublin City, Ireland Alliedworldinsurance Full time

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Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

Key Responsibilities

  1. Assist management with its on-going development and parameterization of Allied World's internal capital models.
  2. Support capital submissions to regulators, including the BMA, Lloyd's, the PRA, the CBI, and FINMA.
  3. Run model for quarterly updates, analysis of reinsurance purchases, ad-hoc model runs for new business initiatives, merger and acquisition analyses and for other strategic business purposes.
  4. Perform industry research and analysis of parameters and methodologies including loss distributions, asset distributions, correlations, etc.
  5. Assist with validation of models and liaise with other departments as necessary to gather expert knowledge.
  6. Create and maintain model documentation.
  7. Assist with developing training material for senior management.
  8. Create exhibits for risk management committee and board meetings.

Skills and Experience Required:

  1. 2 or more years of experience as an actuary in a General Insurance role.
  2. Completion of at least 5 Actuarial exams.
  3. Experience with capital modelling preferred.
  4. Tyche experience an asset.
  5. Bachelor's degree in Math, Statistics, Economics, or related field.
  6. Strong Excel and programming skills (e.g. VBA, Python, R, SAS).
  7. Knowledge of Solvency II principles an asset.
  8. Ability to solve problems using sound reasoning and judgement.
  9. Good writing skills and able to communicate complex ideas to non-technical audiences.
  10. Detail oriented and strong organizational skills.
Seniority level

Associate

Employment type

Full-time

Job function

Business Development and General Business

Industries

Insurance

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