Capital Modelling Senior Analyst (12 month Fixed-Term Contract)

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Date: Sep 30, 2025

Location: London, GB, EC3M 3BD

Company: Aspen Insurance

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

The Role

We are recruiting for a Capital Modelling Analyst to join us on a fixed-term contract until December 2026!

To support the Aspen Capital Modelling team in the design, development, implementation, maintenance and use of the Aspen Economic Capital Model (ECM).

This role includes:

• coordinating the delivery, production and analysis of selected risk category results;
• contributing to the delivery of other risk category results;
• supporting communication with key stakeholders; and
• fulfilment of regulatory requirements.

Our Aspen Values are expected to be reflected in the delivery and performance of every role.

Key Accountabilities

• Supporting the production of ECM deliverables to various regulatory entities relevant to Aspen, including the PRA, Lloyd’s of London, and the BMA as well as rating agencies
• Supporting the entity-level business planning and reforecasting processes, including the production of capital calculations and associated exhibits, including explanations of movements from both a technical and ‘real-world’ perspective
• Compliance with the ECM’s operational control processes and other processes deriving from Internal Model policies (e.g. model change, documentation etc.) and proactively seeking to improve existing controls and processes that currently exist

Knowledge, Skills, & Experience

• Knowledge of basic insurance concepts
• Knowledge of Capital Modelling techniques and analysis (Tyche or Igloo knowledge highly desirable), including application to Solvency II or equivalent regimes
• Strong communication skills, both oral and written
• Proficient in standard software tools (e.g. Excel, Word, PowerPoint)
• High degree of proficiency dealing with quantitative concepts, with a strong analytical and problem-solving approach
• Proactive approach to improving processes and challenging the status quo
• Experience of programming highly desirable (e.g. VBA, SQL)
• Graduate with a 1st or Upper 2nd (2:1) degree from a top-tier university, in a subject involving a high level of numerical or quantitative content
• Part-qualified or student actuary, demonstrating good progress with the actuarial examinations
• Ideally experience of actuarial work in the non-life insurance sector (for example gained within a consultancy or London Market organisation)

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate. We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.