Capital Actuary

HCC Service Co. UK Branch; City Of London; Hybride; GBP 120 000 - 180 000; Plein temps

Résumé du poste

Tokio Marine HCC – A&H Group in City of London is seeking a Capital Actuary reporting to the Head of International Capital Modelling on a permanent basis. The role blends actuarial risk expertise with advanced modelling across Lloyd’s Syndicate structures.

The successful candidate will lead BAU model updates, collaborate across teams, and own quarterly capital reporting to head office, while improving processes.

Qualifications

• 3 years’ actuarial or risk experience in general insurance.
• Capital modelling experience or London Market experience.
• Desirable: ECM and Standard Formula capital modelling.
• Ability to set workplans and communicate issues timely.
• Strong communication, analytical and organisational skills.
• Programming aptitude, especially Python.

Responsabilités

• Plan, execute and report BAU capital model updates independently.
• Collaborate across teams on data, re-parameterisations, and market risk inputs.
• Manage Catastrophe Risk module of Standard Formula.
• Lead quarterly capital reporting to head office.
• Improve capital modelling processes to add value.
• Communicate movements and insights to management promptly.

Connaissances

Capital modelling

Actuarial/risk experience

London Market experience

Python programming

Outils

ReMetrica

Description du poste

Job Title: Capital Actuary Reporting to: Head of International Capital Modelling Position Type: Permanent Location: City of London Hybrid working: 3 days in the office, 2 remote

Why Tokio Marine HCC?

Standing still is not an option in the current world of Insurance. TMHCC are one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.

Job Purpose:

Assisting the Head of International Capital Modelling in all aspects of capital modelling with an approved Internal Model for our Lloyd’s Syndicate and non-approved models for our UK entity and Luxembourg entity. The role covers all risk modules with all team members exposed to all areas of the model.

Key Responsibilities:

• Plan, execute and communicate BAU capital model updates independently, escalating issues and seeking senior input where appropriate.
• Collaborate with relevant teams to gather data, perform re-parameterisations and methodology reviews, including working with Exposure Management on reinsurance programmes and catastrophe modelling, and Finance in relation to Market Risk.
• Oversee the calculation of the Catastrophe Risk module of the Standard Formula.
• Take primary responsibility for quarterly capital reporting to Tokio Marine head office.
• Develop and implement improvements to capital modelling processes and outputs, adding value rather than simply repeating existing processes.
• Effectively communicate key movements and insights to management in a timely and impactful manner.

Skills and Experience Specification:

Essential:

• Ideally 3 years’ experience in an actuarial or risk role in general insurance
• Capital modelling experience OR London Market experience

Desirable:

• Capital modelling experience covering both ECM and Standard Formula
• Experience in ReMetrica
• Ability to set and manage detailed workplans with issues identified and communicated in good time
• High personal standards, with a proactive approach to continuous improvement and a commitment to delivering high-quality work
• Superior organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
• Excellent written and verbal communications skills with the candidate able to talk confidently and concisely about capital modelling and its place in the wider business
• Knowledgeable of industry changes, legal updates and technical developments related to applicable area of the Company’s business to proactively respond to changing business environment
• Committed to the role with willingness to take accountability
• Programming aptitude / experience, particularly in Python

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other locations. With the strength and stability that comes from being a member of the Tokio Marine group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people do not even know exist. The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies. #LI-NW1 Your success is our priority. In a world that is rapidly changing, TMHCC enables you to take on opportunities with confidence. At Tokio Marine HCC, we pride ourselves on hiring the smartest, most conscientious people, who want to make a difference no matter their background. And then we give them the support and trust they need. We’re always looking for curious, creative transformative thinkers who want to change the status quo and have a passion for doing the right thing. If this is you, then we want you on our team.