Job Description
Description
Job Description:
• Assist management with its on-going development and parameterization of Allied World’s internal capital models.
• Support capital submissions to regulators, including the BMA, Lloyd’s, the PRA, the CBI, and FINMA
• Run model for quarterly updates, analysis of reinsurance purchases, ad-hoc model runs for new business initiatives, merger and acquisition analyses and for other strategic business purposes.
• Perform industry research and analysis of parameters and methodologies including loss distributions, asset distributions, correlations, etc.
• Assist with validation of models and liaise with other departments as necessary to gather expert knowledge.
• Create and maintain model documentation.
• Assist with developing training material for senior management.
• Create exhibits for risk management committee and board meetings
Qualifications
Skills and Experience Required:
• 2 or more years of experience as an actuary in a General Insurance role
• Completion of at least 5 Actuarial exams
• Experience with capital modelling preferred
• Tyche experience an asset
• Bachelor’s degree in Math, Statistics, Economics, or related field
• Strong Excel and programming skills (e.g. VBA, Python, R, SAS)
• Knowledge of Solvency II principles an asset
• Ability to solve problems using sound reasoning and judgement
• Good writing skills and able to communicate complex ideas to non-technical audiences
• Detail orientated and strong organizational skills
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