Capital Modelling Actuary

5 days ago


Dublin, Dublin City, Ireland Alliedworldinsurance Full time

At Allied World Insurance, we are committed to creating a collaborative and innovative environment where talented professionals can thrive.

Job Summary

This exciting role involves assisting management with the ongoing development and parameterization of internal capital models. You will also support capital submissions to regulatory bodies, run models for quarterly updates, and perform industry research and analysis.

To succeed in this position, you will require strong analytical skills, knowledge of Solvency II principles, and experience with capital modelling. Additionally, you should have excellent communication skills, be able to solve problems using sound reasoning, and possess good writing skills.

We offer a dynamic work environment, opportunities for professional growth and development, and a competitive compensation package.

Key Responsibilities:

  1. Assist management with model development and parameterization.
  2. Support capital submissions to regulators.
  3. Run models for quarterly updates and ad-hoc analyses.
  4. Perform industry research and analysis.
  5. Validate models and liaise with other departments as necessary.
  6. Create and maintain model documentation.
  7. Develop training material for senior management.
  8. Create exhibits for risk management committee and board meetings.

Requirements:

  1. 2 or more years of experience as an actuary in General Insurance.
  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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