Arthur is delighted to be partnering with a global insurer in the London Market who are looking for a Risk & Validation Analyst to join their well-established Risk Management team.
The role provides the opportunity to focus on their Lloyd's Syndicate business and you would be responsible for supporting the independent validation of the internal model and supporting deep dives and risk opinions.
Responsibilities Include:
Collaborating with the wider Risk function in performing deep dives, stress and scenario testing, horizon scanning and providing risk opinions - topics include ESG, emerging risks, underwriting, reserving, investments, and operational risk and supports key business decisions and processes, such as strategy, business planning, outwards reinsurance purchases and M&A
Assess the appropriateness of the internal model against the risk profile. This includes assessment of model processes and governance as well as data, assumptions, and model results.
Support in ensuring that the validation work meets the relevant regulatory requirements and actuarial standards - this work is seasonal due to the annual regulatory submissions and occasional major model change applications.
Providing effective challenge to quantitative and qualitative aspects of the Internal Model, including design, methodology, parameterisation results
Skills required:
Part or fully qualified actuary with some experience of capital modelling, validation and/or risk management
Ability to analyse and interpret detailed financial information, including capital modelling output
Strong written and verbal communication skills to effectively manage stakeholders
Motivated to continuously seek to improve the performance of self and the team
If you would like to learn more about this position, please get in contact: sarah.reid@arthur.co.uk
