Solvency II Analyst

McNeil & Co.; Dublin; On-site; EUR 65,000 - 90,000; Full time

Job summary

Arch Reinsurance Europe Underwriting dac (ARE) in Dublin seeks a skilled professional to support Solvency II compliance across Pillars 1-3, including quarterly QRTs and SFCR, with a focus on valuations and risk management. The role collaborates with ARE, AIEU, Alwyn, and WICE to ensure robust regulatory reporting and analytics.

The ideal candidate has 1–5 years in insurance, strong SQL and Excel proficiency, and familiarity with Solvency II, Moody’s Risk Integrity, and regulatory modeling tools.

Qualifications

• Minimum Bachelor's degree in Mathematics, Actuarial Science, Statistics, Econometrics, or related field.
• FIA or FSAI or international equivalent is a plus.
• 1–5 years insurance or related experience including risk management, portfolio analysis, risk modeling, actuarial analysis, regulatory compliance.
• Technical experience with SQL and other database management systems is a must.
• Knowledge of Solvency II framework and regulations.
• Strong MS Excel skills and problem solving abilities.
• Experience with regulatory modeling, valuation and quantitative reporting software; Moody’s Risk Integrity a plus.

Responsibilities

• Work with local and foreign regulatory entities to ensure compliance with evolving regulatory regime.
• Oversee Solvency II Pillar 3 reporting (QRTs, SFCR, RSR).
• Lead Pillar 1 valuations (technical provisions, SCR).
• Contribute to Pillar 2 compliance via Risk Management guidance.
• Support annual SII returns and internal/external reporting requirements.
• Assist analytics and process automation across ARL/ARE and MGA platform.

Skills

Actuarial analysis

Risk management

Portfolio analysis

Regulatory compliance

Data analysis

Regulatory reporting

Problem solving

Education

Bachelor's degree in Mathematics, Actuarial Science, Statistics, Econometrics

FIA or FSAI or international equivalent

Tools

SQL

Moody’s Risk Integrity

Excel

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.

Arch Reinsurance Europe Underwriting dac (ARE) provides specialty property, casualty and life reinsurance products through reinsurance intermediaries worldwide. These programs range from Property Excess of Loss reinsurance to Trade Credit and Surety treaties. Our Dublin-based operation has a strong, proven management team, a commitment to underwriting discipline, and financial strength that is rated A (Excellent) by A.M. Best and A+ by S&P.

Reporting to the, with a matrix line to CFO of ARE the successful candidate will be responsible for ARE’s Solvency II support.

Responsibilities include but are not limited to: Working with local and foreign regulatory entities on behalf of ARE, AIEU (Alwyn Europe segment), Alwyn & WICE (Watford Insurance Company Europe Limited) to Ensure compliance with evolving regulatory regime, including but not limited to: Oversight for all Solvency II Pillar 3 reporting (e.g., QRTs, SFCR, RSR) Primary responsibility for Solvency II Pillar 1 valuations (e.g., technical provisions, SCR) Contribution to Solvency II Pillar 2 compliance as guided by Risk Management (e.g. Risk Policies, Risk Appetite) Supporting ARE, AIEU, Alwyn and WICE in internal and external reporting requirements and ownership of the annual SII returns Supporting ad-hoc projects/initiatives related to analytics and process automation across ARL/ARE and the MGA platform Potentially assisting with Arch Reinsurance Ltd. (Bermuda) and Arch Capital Group Ltd. actuarial and risk management teams in the analysis and reporting of financial valuations and risk measurement for ARL and ARE’s books of business including aspects of reserving.

Requirements: Minimum Bachelor's degree in Mathematics, Actuarial Science, Statistics, Econometrics, or related field; FIA or FSAI or international equivalent is a plus Minimum 1-5 years insurance or related experience including one or more of: risk management, portfolio analysis, risk modeling, actuarial analysis, regulatory compliance Technical experience with SQL and other database management systems is a must Knowledge of Solvency II framework and regulations Strong skills with MS Excel, and strong problem solving skills Experience with using regulatory modeling, valuation and quantitative reporting software. Specific knowledge of Moody’s Risk Integrity a plus Ability to handle multiple projects and meet tight deadlines General insurance reserving experience with knowledge of reserving methodology and exposure is a plus, but not necessity

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset?

Arch may be a great fit for you.