Graduate Capital Analyst

Westfield Insurance; City of Westminster; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading insurance company seeks a professional to play a key role in regulatory submissions and support in maintaining the Internal Capital Model. The candidate should hold a Bachelor's degree in Mathematics, Economics, or Finance and have appropriate insurance qualifications. Strong analytical, numerical, and communication skills are essential for success in this role, as well as a background in actuarial exams. The position is located in the City of Westminster, United Kingdom.

Qualifications

• Bachelor's degree in a quantitative field is essential.
• Insurance-related qualification is desirable.
• Progress through actuarial exams based on experience is needed.

Responsibilities

• Assist with regulatory submissions and internal capital model support.
• Enhance model efficiency and governance.
• Integrate capital modeling insights into strategic frameworks.

Skills

Interpersonal skills

Numerical skills

Excellent communication skills

Analytical reasoning skills

Organisational skills

Education

Bachelor's degree in Mathematics, Economics or Finance

Insurance related qualification

Actuarial or Accountancy related qualification

Job description

Key Responsibilities

• Play a key role in assisting regulatory submission (LCR, SF, LCM, ORSA, PRA Data Returns etc.)
• Support in maintaining and running the Internal Capital Model (Igloo) including:
  1. Build further modelling and processing efficiencies to reduce run time and improve model governance
  2. Parameterisation of risk components, including underwriting (inc. non-modelled risks analysis, reserve risk, market risk, credit risk and operational risk)
  3. Support analysis of model results and 1st line validation
  4. Support in integrating capital modelling insights into strategic planning and risk appetite frameworks.
• Support in embedding model uses such as reinsurance analysis and optimisation, capital allocation and strategic opportunities e.g. M&A, new classes etc.

Key Skills

• Interpersonal skills.
• Numerical skills.
• Excellent communication skills.
• Ability to articulate, to obtain buy-in from different functions.
• Ability to work with limited resources to reach successful outcomes.
• Motivated and an effective team player.
• Excellent analytical and abstract reasoning skills and strong organisational skills.

Qualifications & Experience: Critical

• Minimum of a Bachelor's degree, preferably in Mathematics, Economics or Finance
• Desired Insurance related qualification
• Actuarial or Accountancy related qualification
• Progress through actuarial exams in line with experience