Negotiable
Social network you want to login/join with:This role works within the Capital Modelling team, supporting the Head of Model Reporting with all uses of the Internal Model, which is built on the Tyche software platform.This includes updating and developing the internal model, delivering Lloyd’s capital assessments, and other model uses required to support the business.Job Responsibilities
Model Use
Monitoring and reporting of AXIS’ risk profileCompleting management and regulatory reportsCollaborating with ceded reinsurance and third-party capital teams to assess outwards reinsurance/retro arrangementsPricing of internal reinsurance coversAnalysing investment strategyAllocating capital and analysing return on capitalUndertaking ad hoc investigations where requiredModel Updates, Development, Validation and Documentation
Carrying out model updates and developing the internal model to appropriately reflect the business being writtenAnalysing and communicating changes in results to ensure that the modelling is transparent and robustUnderstanding the inputs, outputs, and limitations of the model and related external models, such as those for economic and catastrophe scenariosMaintaining documentation on the rationale for selection and alteration of parameters within the modelEnsuring that all actuarial aspects of internal model validation are met, and evidence is available for relevant stakeholdersLeadership and relationships
Presenting and explaining results and decisions to managementEngaging with other teams and stakeholders to ensure timely delivery of resultsWorking alongside and sharing knowledge with other members of the capital teamAbout You
Required Qualifications and Experience:Minimum of 1+ year’s in-depth experience, ideally in an actuarial risk environmentOther Desired Skills and Characteristics
Highly computer literate, able to use spreadsheets, databases, and learn the use of new systemsExperience in using capital modelling simulation software such as Tyche, Igloo, or ReMetrica is preferred but not essentialAdditional coding experience is a plusEnthusiasm to ask questions and fully understand the work we carry out and its implications for the businessAbility to plan effectively and organise and prioritise workload; strong attention to detailAbility to structure analyses and modelling coherently and clearlyCapable of developing and maintaining effective relationships at all levelsExcellent communication skills, both oral and writtenRole Factors
In this role, you will typically be required to:Be in the office 3 days per ..... full job details .....
Negotiable