Capital Modelling Analyst

Arch Capital; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Arch Europe Insurance Services Ltd seeks a capital modelling professional to support parameterisation, development, and reporting of the capital model. The role involves collaboration with subject experts, building and maintaining the capital model, and producing outputs for planning and reinsurance decisions.

Your work will include assisting with regulatory returns to Lloyd's and the PRA, validating the model, documenting processes, and ensuring an audit trail to support governance and

Responsibilities

• Parameterisation of the capital model and participation in meetings with subject experts.
• Assist with the build, maintenance and running of the capital model.
• Produce, interpret and develop model outputs for reinsurance purchase, business planning and capital allocation.
• Assist with regulatory returns submissions to Lloyd's and the PRA.
• Contribute to model validation using various validation tools.
• Document the model for internal and external purposes and ensure an audit trail.

Skills

Capital modelling

Model validation

Regulatory reporting

Documentation

Process improvement

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

• Supporting the parameterisation of the model, including participating in meetings with subject experts.
• Assisting with the build, maintenance and running of the capital model.
• Producing, interpreting and developing model outputs for various audiences and uses, including reinsurance purchase, business planning and capital allocation.
• Assisting with the completion and submission of regulatory returns to Lloyd's and the PRA.
• Contribution to the validation of the model through carrying out and interpreting the results of various validation tools.
• Assisting with the documentation of the model for internal and external purposes.
• Ensuring the model change process is embedded and a proper audit trail is kept.
• Identifying and improving efficiencies in existing processes and developing model enhancements.
• Assisting in the completion of the standard formula return.

14101 Arch Europe Insurance Services Ltd