Global Insurer - Nearly / Newly Qualified Capital Actuary

We are assisting a global health insurance client of ours in the search for a Capital Actuary to join their growing team. We are looking for Newly / Nearly Qualified candidates who will join the Group Actuarial team in London.

Responsibilities:

• Lead the planning and execution of the annual capital assessment, including the development and upkeep of the Economic Capital Model. Focus on refining methodology, risk calibration, dependency/aggregation, validation, and analysis of economic capital needs.
• Assist in updating modelling and risk calibrations, maintaining model documentation, and generating reports aligning with Enterprise Risk Policies and Standards.
• Conduct analysis and investigations related to risk calibration models, engaging in workshop discussions with key stakeholders from insurance and health-care sectors.
• Execute changes to the Capital Modelling platform (Aon ReMetrica), ensuring proper control, documentation, and reliable output production of underlying change processes.
• Provide support for the proliferation of Economic Capital models throughout the organization, utilizing them as decision-making tools for risk appetite review, investment strategy, capital allocation, optimization, and scenario analyses.
• Scrutinize capital adequacy regulations for compliance, driving ongoing enhancement in capital models, data transformation, methodologies, assumptions, processes, and controls.
• Prepare content for reporting capital requirements to the Executive, Board, and relevant regulatory bodies.
• Develop strategic business solutions in response to emerging challenges and opportunities.

Requirements:

• Newly / nearly qualified Actuary
• Background in General, Health or Life Insurance
• Experience with capital modelling techniques and reporting
• Familiarity with Aon Re-Metrica or Aon Tyche software are advantageous, but not required

In our company values we aim for equity at all stages of the recruitment process, please let us know if we can do anything to make the process more accessible to you.