Job Description
The ideal candidate will assist management in the ongoing development and parameterization of Allied World's internal capital models.
Key Responsibilities
* Support capital submissions to regulators, including the BMA, Lloyd's, the PRA, the CBI, and FINMA.
* Run models 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.
Requirements
Qualifications
* At least 2 years of experience as an actuary in a General Insurance role.
* Completion of at least 5 Actuarial exams.
* Experience with capital modelling is preferred.
* Tyche experience is 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 is an asset.
* Ability to solve problems using sound reasoning and judgement.
* Good writing skills and able to communicate complex ideas to non-technical audiences.