Capital Actuary 12 mth FTC

Job Summary The Zurich Technical Centre of Excellence EMEA (TCOE EMEA) has highly skilled professionals who are experts in their respective areas. Applying extensive knowledge and experience, they provide a wide range of services as part of EMEA and Zurich Insurance Europe AG (ZIE). The TCOE EMEA is a regional hub where knowledge is shared and skills are developed. It is a place which drives innovation, shares knowledge, and develops skills. Delivering specialised services as part of EMEA and ZIE, applying extensive expertise and a commitment to teamwork and excellence. The TCOE is looking for a qualified Capital Actuary to work in the TCOE Capital Actuarial team on the production and methodology of the Solvency II Internal Capital Model and other related actuarial and capital management processes, to enable ZIE to meet its requirements in these topics, including the internal governance rules, actuarial and accounting standards and regulatory expectations. Your role As Capital Actuary, your responsibilities will include, but not necessarily be limited to, the following: General Perform complex capital and actuarial analyses as assigned with minimal direct supervision. Support in cross-functional tasks across Internal Model and other topics. Collaborate with individuals and teams across the TCOE, ZIE HO and Zurich Group as necessary. Effectively manage and develop relationships with senior colleagues within the company. Capital Under general direction, support the ongoing requirements for defined risk types of the Solvency II Internal Model, ensuring compliance with internal governance rules and regulatory expectations. Manage the production and reporting of results for defined risk types of the Solvency II Internal Model, including reviewing results, providing briefings to management, preparing reporting templates and internal controls. Reconciliation of inputs, parameters, and outputs of the production runs for defined risk types of the Solvency II Internal Model. Perform first line validation work, support model change and independent validation activities. Support the annual model recalibration and parameter reviews. Review and update internal model methodology, expert judgements & limitations. Provide input and support to Solvency II compliance including the ORSA, AFR, RSR, SFCR, Profit and Loss Attribution report, QRTs and other relevant regulatory reporting. Further develop and enhance processes, methods, documentation, and technical tools. Contribute to actuarial and capital management tasks such as SCR scenarios, SCR monitoring, reinsurance renewals and portfolio transfers. Assist the Finance, Capital, Reinsurance, Risk and Investment teams on an ad-hoc basis Your skills and experience As Capital Actuary, your skills and qualifications will include: Qualified actuary with several years of actuarial experience, preferably in non-life, risk and capital modelling. Experience in multiple functions strongly preferred. Knowledge Knowledge of actuarial professional guidance and relevant legislation. Knowledge of finance and accounting practices, financial analysis, Solvency II capital models (Internal Model and/or Standard Formula) and Solvency II regulatory reporting; ability to apply this knowledge appropriately to diverse situations. Knowledge of the insurance industry's trends, directions, major issues, regulatory considerations, and trendsetters. Technical Skills Knowledge of statistical and actuarial tools and techniques, ability to apply modelling processes and techniques to facilitate risk and capital management decisions. Strong Microsoft Office skills and experience using risk modelling platforms. Advanced knowledge of and ability to use spreadsheet software. Knowledge of R or other programming languages is a plus. Professional & Communication skills Fluent English, both oral and written; German is a plus. Strong oral and written communication skills. Ability to build strong working relations with colleagues of all levels and across locations. Able to meet deadlines, work under pressure and handle complexity. Competent at taking the initiative, prioritizing, resourcing, planning and project management. Ability to manage a diverse work portfolio. Professional, enthusiastic, positive attitude and flexibility to handle change. Additional information Primary work location is in IFSC Dublin based but occasional travel may be required to other Zurich locations. If you value an exciting and varied working environment and meet the above requirements, then our recruiter, Ashley Kelly is looking forward to receiving your application by clicking on the button "Apply online". Please speak to your manager ahead of applying for this position Who we are Zurich is one of Ireland's leading insurance companies providing a wide range of general insurance and life insurance products and services. The company employs over 1,600 people across its locations in Dublin and Wexford. Zurich is a strong brand - with our 53,000 employees worldwide form the basis of our success, helping our customers in 210 countries and territories to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit. At Zurich, we foster a culture of diversity and inclusion. Our purpose and values are designed to protect, inspire confidence and help our employees reach their full potential. We value and defend what is right and promote opportunities for equity among our professionals, regardless of gender, disability, LGBTQ +, race, ethnicity, generations, belief, etc. Join Zurich and be part of this culture. Together we are committed to delivering on our purpose - Let's Create a Brighter Future Together Additional Information Primary work location is in IFSC Dublin based but occasional travel may be required to other Zurich locations. If you value an exciting and varied working environment and meet the above requirements, then our recruiter, Ashley Kelly is looking forward to receiving your application by clicking on the button "Apply online". Who we are Zurich is one of Ireland's leading insurance companies providing a wide range of general insurance and life insurance products and services. The company employs over 1,600 people across its locations in Dublin and Wexford. Zurich is a strong brand - with our 53,000 employees worldwide form the basis of our success, helping our customers in 210 countries and territories to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit. At Zurich, we foster a culture of diversity and inclusion. Our purpose and values are designed to protect, inspire confidence and help our employees reach their full potential. We value and defend what is right and promote opportunities for equity among our professionals, regardless of gender, disability, LGBTQ +, race, ethnicity, generations, belief, etc. Join Zurich and be part of this culture. Together we are committed to delivering on our purpose - Let's Create a Brighter Future Together