Capital Modelling Senior Analyst

Ki Insurance; City of Westminster; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance firm in the UK is looking for a Capital Modelling Actuary to develop their internal capital model and ensure compliance with Solvency II regulations. The successful candidate will manage relationships with regulatory bodies and collaborate with various teams to maintain high-quality model outputs. This position promotes a diverse and inclusive work culture, providing a supportive environment for all employees.

Responsibilities

• Maintain and develop internal capital model under Solvency II regime.
• Oversee the day-to-day operation of the model ensuring timely and accurate outputs.
• Manage relationships with regulatory bodies including the PRA and Lloyd's.

Job description

difference read on. What you'll be doing As a Capital Modelling Actuary at Brit, you'll play a key role in maintaining and developing our internal capital model under the Solvency II regime. You'll be responsible for ensuring the model supports both regulatory submissions and internal decision-making, while also promoting its use across strategic and operational areas of the business. Working closely with the Actuary, Senior Actuary and Head of Capital Modelling, you'll oversee the day-to-day operation of the model and ensure its outputs are timely, accurate and embedded within our Risk Management Framework. You'll help manage relationships with regulatory bodies including the PRA, Lloyd's and the BMA, and you'll support the preparation and presentation of model outputs to executive and board-level committees. Your work will also involve integrating the model with other key risk areas such as investment and exposure management, and ensuring that data inputs are robust, reliable and of high quality. In addition, you will collaborate with colleagues across actuarial, finance and underwriting teams, and contribute to training and awareness initiatives for senior stakeholders. You'll also support the Head of Capital in delivering reports to governance committees and regulators, ensuring that all outputs meet the highest standards of quality and compliance. We welcome everyone wholeheartedly We've got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we'll be respected, valued and accepted whatever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations and suggestions about how we do things. Accessibility We are located in the Leadenhall Building on Leadenhall Street (EC3V 4AB) and are situated on floors 17, 18, and 39. All of our floors are accessible by lift, and there are building staff on hand to point you in the right direction. The closest train / underground / DLR links are: Liverpool Street Station (7 mins), Bank Station (6 mins), Fenchurch Street Station (6 mins), Aldgate Station (7 mins). The nearest bus stop is St Mary Axe (Stop LR or Z), which is located just outside the building. If you have any other questions regarding accessibility, please ask.