As a key member of the three-person Actuarial Risk Team, the Actuarial Risk Analyst will play a vital role in capital model risk management and the monitoring/reporting of risk metrics. This role also involves the production of ORSAs and scenario analysis, providing exposure to critical business areas and senior stakeholders.
Validation:
Support the annual validation of the Lloyd’s syndicate capital model, conducting in-depth reviews of various model areas.
Prepare risk reports for significant model developments or re-parameterisations.
Undertake lighter validation on other internally used capital models and perform detailed reviews of actuarial and other models across the business.
Collaborate with model owners and stakeholders to develop a comprehensive understanding of model workings and outputs, recommending refinements or raising findings as necessary.
Risk Metrics:
Update and enhance dashboards across all business areas, ensuring accurate and insightful risk reporting.
Engage with stakeholders to deepen understanding of risk metrics and provide comprehensive risk commentary.
Prepare or oversee the preparation of quarterly risk metrics presentations for Risk Committees and Boards.
Contribute to the annual review of risk metrics, ensuring relevance, and develop new metrics and risk appetites as required.
Ownership of ORSA:
Contribute to the annual ORSA for four entities, with a focus on quantitative risk perspectives.
Maintain and track the business risk profile inputs featured in ORSA, ensuring quarterly updates on their trends.
Skills and Experience:
A minimum of 1 year of relevant experience in a non-life actuarial function (in-house or consultancy).
Strong understanding of capital modelling principles, including comfort with stochastic modelling techniques and aggregations.
Proven ability to analyse complex risk data and collaborate effectively with stakeholders to address core issues.
Excellent written communication and report-writing skills, with a focus on risk-related content.
Demonstrable progress with an Actuarial qualification.
Strong planning, organisational, and time management skills.
For further details, please contact Tanveer.ali@arthur.co.uk.
