Job Description
Our client, a P&C international insurance company, is looking for an Asset Modelling Actuary to support the Capital Modelling department.
He/she will be in charge of the following tasks :
- Running and maintaining the Economic Scenario Generator (ESG), ensuring it is accurately calibrated and fully integrated into the Internal Model for both regulatory and internal reporting purposes.
- Analysing the asset portfolio of MSIG Europe to ensure alignment with the company’s risk appetite, while also assessing valuation and performance of those assets.
- Reviewing and validating reinsurance structures to identify potential capital efficiencies, and carrying out sensitivity and stress testing.
- Supporting the annual strategic planning process by providing capital modelling insights for setting next year’s financial targets, including Loss Ratio and Return on Capital analysis.
- Leading or contributing to deep-dive reviews to enhance capital efficiency across different risk types within both the Internal Model or Standard Formula.
- Assisting with various annual reporting deliverables, including Profit and Loss, and SCR reports.
- Gaining exposure to both Internal Model and Standard Formula reporting frameworks.
Profile
- You have a 2:1 university degree or higher in a subject with mathematical content
- Ideally, some prior experience in modelling
- Experience using Tyche and SQL database management systems would be an advantage
- Open to occasional business travels