Enable job alerts via email!

Capital Actuary

Chubb

London

On-site

GBP 60,000 - 80,000

Full time

2 days ago

Be an early applicant

Boost your interview chances

Create a job specific, tailored resume for higher success rate.

Job summary

A leading insurance company seeks a Capital Actuary to manage and develop their capital model in Europe. The role involves daily operations, model updates, and strategic risk management, providing high visibility within the organization. Ideal candidates will have significant actuarial experience and strong communication skills.

Qualifications

Five years’ actuarial experience, including three years in capital modelling.
Experience with investment risk, treasury, and accounting is favourable.
Fluency in English required; French is a plus.

Responsibilities

Responsible for the operation and development of the capital model.
Coordinate with departments for model calibration and accuracy.
Develop risk management strategies using the internal model.

Skills

Communication

Creativity

Education

Qualified actuary

Tools

Igloo

Join to apply for the Capital Actuary role at Chubb

1 day ago Be among the first 25 applicants

Join to apply for the Capital Actuary role at Chubb

Capital Actuary

This role has responsibilities for the operation, development and use of the capital model within Chubb in Europe. This role will need to take responsibility for the day to day running of the internal model, including quarterly data updates, model changes, model output information and documentation of results.

Job Description

Capital Actuary

This role has responsibilities for the operation, development and use of the capital model within Chubb in Europe. This role will need to take responsibility for the day to day running of the internal model, including quarterly data updates, model changes, model output information and documentation of results.

The potential for model use is being actively explored and the individual taking this role will be expected to creatively explore this aspect. The strategic insights that can be obtained from work done by the capital team are highly valued across the organisation. This makes the role high profile with access to the most senior levels of management within Chubb, both in Europe and across the wider group. It requires a highly creative individual who is self-motivated to find ways to add value to the organisation.

The capital team in Europe sits within the Risk Function, which gives it access to all areas of the organisation. Unusually for an actuarial role, there is equal focus on both sides of the balance sheet and the successful applicant will have exposure to investment, claims, underwriting and all other types of risk.

Key Responsibilities

Operation of the model:
understand the technical working of the capital model, co-ordinate with other departments to ensure the calibration of the model is done with accuracy, completeness and appropriateness
Set up, run and extract results from the model, ensure output provided from the model is accurate, complete and appropriate, provide quantitative and qualitative reporting.
Development of the model: Understand the model limitations and work within the change process to address prioritise limitations, operate the model change process, identify future areas for study
Risk Management use: The Chubb Internal Model is integrated into the Risk Management Framework, acting both as a measure of emerging risks and also the metric by which risk appetite is assessed. This role will be expected to continue to develop this area and seek future opportunities to embed the model into a coherent risk management strategy
Wider model use: Respond to use requests, identify and develop areas for future use.
Work with off-site team in Chubb Business Services India to ensure maximum efficiency of resource

Qualifications

Ideally five years’ actuarial experience, including three years’ experience in capital modelling. Experience in area dealing with assets (e.g. investment risk, treasury, accounting) will also be looked on favourably. Experience with Igloo (modelling software) also preferable but not required.
Qualified actuary
Strong communication skills are crucial, but only English required. Additional fluency in French viewed as favourable.

Seniority level

Seniority level
Mid-Senior level

Employment type

Employment type
Full-time

Job function

Job function
Finance and Sales
Industries
Insurance

Referrals increase your chances of interviewing at Chubb by 2x

London, England, United Kingdom 1 day ago

London, England, United Kingdom 3 weeks ago