Entry-Level Insurance Capital Analyst

Argo; Chicago (IL); On-site; USD 57,000 - 75,000; Full time

Benefits offered by this job

Health benefits

401(k) with company match

Paid time off

Job summary

Argo is seeking a Junior Capital Analyst to join our in-office team. You will support the capital team in maintaining and developing regulatory and rating agency capital models, collaborating with ERM, Finance, and Actuarial to inform solvency decisions.

The role provides a foundation in capital modeling, regulatory requirements, and insurance risk, with potential actuarial exam-track opportunities. This is a 100% in-office position.

Qualifications

• Bachelor’s degree required.
• 0–1 years of experience related to finance, insurance, or risk management.
• Actuarial, insurance, or accounting qualifications are a plus.
• Strong analytical and numerical skills with attention to detail.
• Basic understanding of financial concepts, capital models, or risk frameworks.
• Ability to work collaboratively across teams and communicate effectively.
• Proficiency in Excel and Microsoft Office tools; Python/SQL a plus.

Responsibilities

• Assist in the preparation and coordination of annual and quarterly reporting by supporting data gathering, validation, and documentation under guidance from senior team members.
• Support regulatory submissions, including Bermuda Monetary Authority (BMA) and NAIC filings (e.g. RBC, BSCR, ORSA).
• Provide support for rating agency capital models (AM Best, S&P, Fitch), including data collection and reconciliations.
• Analyze capital position, solvency metrics, and trends; prepare materials for internal and external stakeholders.
• Collaborate with Risk, Finance, Actuarial, and Ceded Reinsurance to support capital-related analyses.
• Support ad hoc capital scenario analyses to evaluate potential impacts on capital and solvency.
• Develop familiarity with regulatory and rating agency models and address basic queries with oversight.

Skills

Analytical skills

Numerical skills

Communication

Teamwork

Learning mindset

Python/SQL

Education

Bachelor’s degree in mathematics, finance, economics, actuarial science, physical sciences, or related field

Tools

SQL

Python

Job description

Argo is seeking a Junior Capital Analyst to join our in-office team. You will support the capital team in maintaining and developing regulatory and rating agency capital models, collaborating with ERM, Finance, and Actuarial to inform solvency decisions.

The role provides a foundation in capital modeling, regulatory requirements, and insurance risk, with potential actuarial exam-track opportunities. This is a 100% in-office position.