Capital Actuary, Tyche - £1,600 a day

Edenbrook; England; On-site; GBP 80,000 - 100,000; Part time

Job summary

A leading specialty insurance recruiter is seeking an experienced Capital Actuary for a contract role in the United Kingdom. The successful candidate will develop the dependency structure within the internal model and optimize it for server environments. They will document current dependency methods, test improvements, and enhance reporting capabilities through Power BI. Candidates should possess significant Capital Actuary experience, expertise in Tyche software, and a background in testing model dependencies.

Qualifications

• 5+ years of experience as a Capital Actuary in the Insurance industry.
• Proficiency in Tyche Capital Modelling software.
• Experience with model dependency structures and improvements.

Responsibilities

• Develop the dependency structure within the Syndicate’s internal model.
• Document improvements against market best practices.
• Test and optimize model migration to server environments.
• Enhance reporting with Power BI integration.

Skills

Capital Actuary experience

Knowledge of Tyche Capital Modelling

Model testing experience

Internal Model dependency structures

Job description

We are currently partnering with a Market-Leading Speciality Insurance company to recruit a Capital Actuary on a Contract basis. They are seeing an experienced Capital Actuary to develop the dependency structure within the internal model. The role can also optionally include the testing and optimisation of a migration of a separate model to a server-based environment.

Key Responsibilities

• Develop the dependency structure within the Syndicate’s internal model.
• Document the rationale for the existing dependency approach and identify improvements against market best practice.
• Review, document, and update copula choices where necessary.
• Align dependency assumptions with the overall calibration structure.
• Test the migration of the desktop-based Tyche model to a server environment to ensure it meets expectations.
• Optimise the model to work with a PowerApp front end.
• Enhance reporting capability through integration with a Power BI dashboard.
• Support and promote strong Conduct practices to ensure the best outcomes for customers and policyholders.

The ideal candidate should have

• Been an experienced Capital Actuary within the Insurance industry.
• Knowledge of Tyche Capital Modelling software.
• Previous experience working with Internal Model dependency structures including different approaches.
• Experience in testing model improvements.