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Job ID: 38768
Job Openings by Title Senior Actuary
Location England
Description:
Position: Senior Actuary
 
Company: Insurance
 	
Location: England
 	
Job ID: 38768
 
Responsibilities:
-Manage/support the annual update of the company’s model to produce the company’s capital requirement on several bases 
-Review and challenge company model results, providing analysis of change between updates for specific areas
-Support the company validation process
-Manage/support and promote company model uses in the wider company’s business,
-Investigate differences between company’s view of syndicates and syndicates’ own view
-Ad hoc analyses, e.g. in the wake of major loss events
-Specification and testing of proposed model changes
-Manage/support the annual update of the company model to produce syndicate benchmark capital requirements on a number of bases 
-Analysis of benchmark results and provision of metrics to the Syndicate Oversight Team
-Modelling new syndicates
-Adapting the company model to syndicate specific issues, if necessary
-Answering benchmark related queries
-Support the annual re-parameterisation exercise by working with the parameterisation team, as required, to review updates to parameters and understand their impact.
-Validate updates to the parameterisation in the light of model results
-Discuss company’s responses to PRA questions and issues
-Produce additional analysis to support company’s responses, as required
-Manage/support governance around model change is being followed
-Support timely completion of regulatory returns
-Manage/support the regular update of the documentation of the company model to ensure that it remains fit for purpose, useful and complies with regulatory requirements
-Working with internal stakeholders as appropriate

Qualifications:
-Experience in non-life insurance work, preferably with some exposure across a range of work areas and significant capital modelling experience.
-Experience in leading project work to completion.
-Advanced knowledge of the actuarial techniques involved in non-life insurance capital work, including the requirements of Solvency II.
-Knowledge of various IT tools including Excel, Access, Word.
-Knowledge of capital modelling tools including Tyche, Remetrica, Igloo or similar.
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