Deputy Head of Modelling Reporting

AXIS Capital; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A multinational insurance company is looking for a Deputy Head of Modelling Reporting in London. The role involves leading the capital modelling team, updating models, and collaborating with various departments. Ideal candidates should be near-qualified actuaries with over 3 years of experience in risk and capital modelling, along with familiarity with Tyche software. The position offers a hybrid working model, requiring presence in the office 2-3 days a week.

Qualifications

• 3+ years in-depth experience in actuarial risk and capital modelling.
• Experience in using and maintaining stochastic capital models.
• Ability to communicate results effectively.

Responsibilities

• Updating the internal model to reflect new business plans.
• Collaborating with teams to assess reinsurance arrangements.
• Monitoring and reporting AXIS’ risk profile.
• Supporting the calculation of regulatory capital.

Skills

Actuarial risk and capital modelling

Stochastic capital models

Computer literacy

Spreadsheets and databases

Communication skills

Education

Near-qualified or newly-qualified actuary

Tools

Tyche

Igloo

ReMetrica

Job description

Social network you want to login/join with:

Deputy Head of Modelling Reporting, London

col-narrow-left

Client:

AXIS Capital

Location:

London, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

col-narrow-right

Job Reference:

14e9d35953bd

Job Views:

16

Posted:

12.08.2025

Expiry Date:

26.09.2025

col-wide

Job Description:

This role works within the Capital Modelling team, supporting the Head of Model Reporting with all uses of the Internal Model, which is built on the Tyche software platform.
A particular area of focus will be the modelling of the Business Plan and outwards reinsurance, which will involve working closely with AXIS’s Ceded and Pricing teams.
There will also be the opportunity to work on a wide variety of model uses, such as setting regulatory capital for AXIS’s Lloyd’s syndicates.


Job Responsibilities
Model Use
• Updating the internal model to reflect new business plans and analysing the changes from the prior plan, to help provide insights to senior management
• Collaborating with Ceded reinsurance, Pricing and Third-Party Capital teams to assess outwards reinsurance/retro arrangements
• Using the internal model to price AXIS’s of internal intragroup reinsurance covers.
• Monitoring and reporting of AXIS’ risk profile
• Completing management and regulatory reports
• Undertaking ad hoc investigations where required
• Supporting other members of the capital team in calculation of regulatory capital for AXIS’s Lloyd’s syndicates


Model Updates, Development, Validation & Documentation
• Carrying out model updates and developing the internal model to appropriately reflect the business being written and to ensure that the model is up to date and fit for purpose
• Analysing and communicating changes in results to ensure that the modelling is transparent and robust
• Understanding the inputs, outputs and limitations of the model and related external models, such as those for economic and catastrophe scenarios
• Participating in the validation of model methods, inputs and outputs to ensure the model operates as intended; to enhance understanding and guide future developments
• Maintaining documentation on the rationale for selection and alteration of parameters within the model

Leadership and relationships
• Presenting and explaining results and decisions to management
• Proactively Engaging with other teams and stakeholders to ensure comprehensive understanding of the modelling and timely delivery of results
• Providing leadership, advice and training to other members of the capital team
• Management of junior team members may be required in the future


About You
Required Qualifications and Experience:
• Near-qualified or newly-qualified actuary with 3+ years in-depth experience in an actuarial risk and capital modelling environment
• Experience in using and maintaining stochastic capital models

Other Desired Skills & Characteristics:
• Highly computer literate, able to use spreadsheets, databases and learn the use of new systems
• Experience in using capital modelling simulation software such as Tyche, Igloo or ReMetrica
• Additional coding experience is a plus
• Enthusiasm to ask questions and fully understand the work we carry out and its implications for the business
• Ability to plan effectively and organise and prioritise workload; strong attention to detail
• Ability to structure analyses and modelling coherently and clearly
• Capable of developing and maintaining effective relationships at all levels
• Excellent communication skills, both oral and written
• Experience of presenting results to stakeholders


Role Factors
In this role, you will typically be required to:
• Be in the office 2-3 days per week