Actuarial Analyst in Stockport

About Argenta

Argenta Group is headquartered in London and has a presence in Australia, employing c.300 people globally. We are proud of our unique and rich history of trading in the Lloyd’s market, both as a Syndicate and Members’ Agency, and to be part of the Hannover Re Group. Our long-standing workforce are our greatest asset; the expertise and knowledge they bring has resulted in our successful track record and continues to shape our future growth strategy.

About the role

You will work closely with and report into the Head of Capital Modelling. Your primary objective is to assist the Capital Modelling team in activities across all managed Syndicates and other duties where necessary. You will work with other teams across Argenta and beyond to deliver on team and Syndicate objectives.

Key responsibilities

• Assisting with day-to-day operation of capital models for all managed Syndicates.
• Assisting with the production of regulatory returns such as the LCR, RDS, PRA Risk Information templates, SFSCR and LCM.
• Supporting ongoing development and maintenance of Internal Model documentation, the validation process, use test activities, and the ORSA.
• Supporting the Head of Capital Modelling and other Capital Modelling team members with the parameterisation of capital models for all managed Syndicates.
• Assisting with provision of management information, risk appetite metrics and written reports.
• Maintaining appropriate records for all work.
• Undertake any other related duties as may be reasonably required.

Working for a regulated Company, you will be expected to perform your duties to the highest of standards, in accordance with the following Conduct Rules as specified by the FCA:

• You must act with integrity.
• You must act with due care, skill and diligence.
• You must be open and co-operative with the FCA, PRA and other regulators.
• You must pay due regard to the interests of customers and treat them fairly.
• You must observe proper standards of market conduct.

Skills and experience

• A part-qualified actuary with relevant work experience.
• Some general insurance experience, ideally in a capital modelling role would be desirable. Candidates from a non-general insurance background would also be considered.
• Keen to learn about capital modelling and actively develop technical skills through on-the-job experience, training, and collaboration with senior team members.
• You will be studying for the IFoA actuarial examinations.
• Prior knowledge of capital modelling techniques is desirable.
• Previous experience of Lloyd’s Market business is desirable.
• Excellent computing skills are essential and competency in use of office IT applications.
• Knowledge of Igloo is highly desirable, but not necessary.
• Knowledge of coding languages such as R, Python, SQL, VB desirable.
• Attention to detail and ability to solve problems using their own initiative.
• Strong communication skills, both oral and written.
• Ability to prioritise workload.

Behaviours

These five behaviours sit at the heart of how we work at Argenta:

• Supporting each other: Treat each other with dignity and respect, valuing our differences, so we can all be ourselves and achieve our goals.
• Generating creative solutions: We do not settle for things that are not right; we do not walk by, we seek creative solutions.
• Owning the delivery: We set clear objectives and deadlines; we are accountable and own the delivery end to end, knowing others will too.
• Being Committed: High performing professionals, recognising the importance of wellbeing and balance in our lives.
• Building longstanding relationships: Collaboration with our clients and those we work with is key; we work as a team to ensure the best outcomes.