Jobs in Erlangen, Germany

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm, and other locations, we are listed on the New York Stock Exchange (SPNT). We hold licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offerings and distribution capabilities are strengthened by strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.7 billion in total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P, Fitch, and A3 from Moody’s.

Join Our Team

You will be the Senior Capital Modelling Actuary. Your primary responsibilities will include supporting the calculation of Economic Capital and model use requirements for the Group Capital Model, with some crossover with the SIMA Syndicate 1945 Internal Model. The role reports directly to the Head of Internal Modelling.

Your responsibilities will include:

1. Function as the key contact for the use of the Group Capital Model, which will be an important input into business decisions.
2. Drive the calculation of the Economic Capital for the Group and across the SiriusPoint legal entities, including model input requirements and methodologies.
3. Communicate and present results to senior stakeholders across the SiriusPoint Group.
4. Develop the Group Capital Model to reflect business and regulatory needs.
5. Develop and drive governance and documentation for the Group Capital Model.
6. Support the calculation of capital requirements for the Syndicate in line with Lloyd’s capital setting process.
7. Perform any other duties as reasonably required.

United behind common goals

At SiriusPoint, we work as one team across our global business, united behind common goals. We aim to retain and attract talented individuals, offering a rewarding and enriching career.

Our Purpose

To provide security and resilience in an uncertain world.

Our Vision

To be recognized as a best-in-class insurer and reinsurer, utilizing deep risk capabilities to protect our customers. We blend talent, expertise, and data to provide intelligent risk solutions.

Our Culture

Our culture emphasizes performance and accountability. Our people are experts, empowered to apply their expertise in a supportive, collaborative, and purposeful environment.

Our Values

• Integrity: Respect and trust are our core principles.
• Customer Focused: Our customers are the reason we exist.
• Solution Driven: Creating solutions is our mindset.
• Diversity: Inclusion and allyship make us stronger.
• Collaboration: Collaboration drives our performance.

Your skills and abilities should include:

• 2-3 years post-qualified Actuary
• Excellent academic record and degree-level qualifications
• Strong general insurance capital modelling experience
• Experience in capital model use, including capital allocation, reinsurance analytics, and business planning
• Excellent communication skills for technical and non-technical audiences
• Understanding of Lloyd’s and regulatory frameworks such as Solvency II (an advantage)
• Ability to create efficient processes
• Strong stakeholder relationship skills and communication of results
• Effective time management and multi-project handling skills
• Attention to detail, accuracy, and timeliness
• Strong analytical and problem-solving skills
• Advanced Excel skills
• Aptitude for coding (an advantage)
• Knowledge of Igloo or Tyche (an advantage)

SALARY: The estimated salary range for this position is $160,000 to $200,000 per year. SiriusPoint will consider relevant experience, location, and other factors when determining the actual salary.

Why Should You Join SiriusPoint?

Our people are our strength. We offer a supportive, collaborative, and purposeful environment aligned with our core values. We are committed to diversity, inclusion, and allyship, fostering a culture where all voices are valued and heard.

We aim to attract and retain talented individuals, offering a competitive and above-market compensation package. Our benefits include:

• Medical, Dental, Vision
• FSA Medical and Dependent Care
• Health Savings Account (HSA)
• EAP, Life and AD&D, Long-Term Disability
• Parental Leave, PTO, Flexible Work Arrangements
• Retirement plans, Gym reimbursement, Legal plans, Pet Insurance, Tuition reimbursement
• Team outings and ERG groups

We Achieve More Together

We value diversity, inclusion, and allyship, believing they make us stronger. We are dedicated to developing our DE&I strategy to ensure SiriusPoint remains a supportive and empowering workplace.