Modelling Associate – 28936

The Emerald Group; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading insurance firm is seeking a Capital Modelling Support professional in London. This role involves the maintenance and development of capital models to meet regulatory and business requirements, reporting on model results, and supporting integration in M&A activities. Candidates should hold a relevant degree, have 3+ years of experience in the actuarial field, and demonstrate strong skills in Excel, Python, and SQL.

Qualifications

• Bachelor’s degree in a relevant field (Mathematics, Economics or Actuarial Science).
• Progress toward a relevant professional qualification (FIA/AIA/FCAS/ACAS).
• 3+ years of relevant actuarial/insurance industry experience.

Responsibilities

• Support the ongoing maintenance and development of standard factor capital models.
• Investigate, explain and report on model results to internal committees.
• Support the M&A function in capital-related components of transaction pricing.

Skills

Actuarial knowledge

Insurance product knowledge

Strong computer skills

Education

Bachelor’s degree in Mathematics, Economics or Actuarial Science

Tools

Microsoft Excel

Python

SQL

WTW’s Igloo

Job description

Reporting to and partnering with the Capital Reporting Manager, your role will be to support the modelling function to maintain their high-quality output

• Location: London
• Type: Permanent

Key Duties (Including but not limited to):

• Support the ongoing maintenance and development of standard factor capital models to meet regulatory (incl. BSCR and Standard Formula), rating agency and business requirements.
• Investigate, explain and report on model results to internal committees
• Support the M&A function in capital-related components of transaction pricing and in the integration of won M&A deals outside of Lloyd’s
• Support calibration, development and maintenance of FPA models
• Bachelor’s degree in a relevant field (e.g. Mathematics, Economics or Actuarial Science)
• Progress toward a relevant professional qualification (e.g. FIA/AIA/FCAS/ACAS qualified or near completion)
• 3+ years of relevant actuarial/insurance industry experience
• Solid knowledge of insurance products, reinsurance, financial instruments and their capital impacts
• Strong computer skills with an emphasis on Microsoft Excel, Python and SQL. Desirable: WTW’s Igloo