Capital Modelling Analyst — Hybrid Work, Actuarial Focus

AXA UK; Royal Tunbridge Wells; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Hybrid work

Accessibility Concierge

Equal Opportunities Employer

Job summary

AXA UK is seeking a detail-oriented Capital Analyst to support calibration and development of the Internal Model for Health and General Insurance. You will help analyse and improve the model to aid strategic decisions and financial targets.

Reporting to the Capital Modelling Lead, you will collaborate with actuarial, risk, and finance teams to ensure robust capital management and regulatory compliance. We offer flexible hybrid working arrangements.

Qualifications

• Progressing through actuarial exams with insurance experience.
• Strong mathematical and statistical skills to support actuarial analysis.
• Proficient modelling skills, with experience in actuarial software like ReMetrica preferred but not essential.
• Experience working within a general or health insurance environment.
• Ability to design, execute, and communicate analysis under supervision from senior specialists.
• Strong communication skills to collaborate effectively across teams.
• Demonstrates a good understanding of insurance risk and capital modelling principles.
• Self-motivated with a proactive approach to learning and technical development.

Responsibilities

• Support the production of capital assessments and solvency requirements, working closely with the Capital team.
• Assist in the calibration, maintenance, development, and validation of the Internal Model across AXA UK.
• Contribute to developing insurance risk assumptions and ensure model compliance with evolving regulatory standards.
• Participate in group working parties and help develop plans for model evolution and regulatory approval.
• Support the implementation of risk management systems, focusing on capital calculations and ORSA processes.
• Help embed risk appetites for insurance and health risks, ensuring compliance with policies and profitability considerations.
• Review reinsurance arrangements to ensure risk transfer is efficient and effective.
• Deliver actuarial analysis, collaborate on latest developments, and ensure controls for IFC, IMR, and external validation are properly followed.

Skills

Actuarial exams

Mathematical skills

Statistical skills

Modelling skills

ReMetrica experience

Insurance domain knowledge

Analytical communication

Risk and capital modelling

Tools

ReMetrica

Job description

AXA UK is seeking a detail-oriented Capital Analyst to support calibration and development of the Internal Model for Health and General Insurance. You will help analyse and improve the model to aid strategic decisions and financial targets.

Reporting to the Capital Modelling Lead, you will collaborate with actuarial, risk, and finance teams to ensure robust capital management and regulatory compliance. We offer flexible hybrid working arrangements.