About us
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
As a key member of the Capital Management team, this role will contribute to the delivery of the function’s key objectives:
- the development of tools and the performance of quantitative analysis – to aid strategic decision-making by the business, and
- the provision of consultancy support – to determine the capital implications of new initiatives, and establish proposals to maximise capital efficiency.
Key accountabilities
This role requires an emphasis on data manipulation, collation and analysis to assist in decision-making and execution of the business strategy.
Provide report development and prepare advanced Excel modelling outputs – as required for management, regulators, rating agencies and other stakeholders.
Take ownership for the quarterly inputs/ outputs of relevant Regulatory models (e.g. Bermudian “BSCR“ and US “RBC”), including:
- Conducting runs of these two Models.
- Maintaining “mappings” between Aspen’s data structure and that required by these models.
- Drafting the relevant regulatory returns.
- Maintaining the relevant “MI” (Management Information) in the central Capital Management “Dashboard”.
Assist on ad-hoc capital projects to support our strategic objectives – e.g. developing proposals for increased capital efficiency or treatment for non-standard arrangements.
Skills & experience
- Strong technical, quantitative analysis and problem-solving skills coupled with an enthusiasm for accuracy and attention to detail.
- Technical proficiency with Microsoft Excel (Advanced Level) and PowerPoint is essential – including proven ability to handle data and prepare professional presentations.
- Good GCSE and A/AS Level grades, ideally having studied a numerical subject to A Level.
- Bachelor’s Degree level qualification (or equivalent) in a numeric discipline (e.g. Math, Finance, Science, Technology, or Engineering).
- Internationally recognized accounting (or equivalent) designation.
- Previous experience within the (re)insurance industry is strongly desirable.
- Experience with capital models (e.g. working knowledge of rating-agency/regulatory models or similar stochastic/factor-based platforms), would also be a significant advantage.
Other
We're committed to making Aspen a great place to work, where you're rewarded and recognised for your efforts. As well as your pay and discretionary performance related bonus, you'll also enjoy a huge range of benefits. There are plenty of options available with our exciting benefits package, designed for your health, your family and to help ensure that you enjoy the most from your lifestyle.
Capital Management, Senior Analyst in London employer: Aspen Insurance
Aspen is an exceptional employer that fosters a dynamic and inclusive work environment, where respect, honesty, trust, and professionalism are at the core of our values. As an Actuary in our UK Actuarial Function, you will have the opportunity to engage in meaningful projects, develop your skills, and collaborate with talented colleagues while being rewarded for your achievements. Our commitment to employee growth and a supportive culture makes Aspen a fantastic place to advance your career in the insurance industry.
