At a Glance
- Tasks: Analyse and model capital requirements while collaborating with diverse stakeholders.
- Company: Join a forward-thinking insurance company committed to innovation and inclusivity.
- Benefits: Flexible working, mental health support, and continuous learning opportunities.
- Why this job: Gain hands-on experience in capital modelling and make a real impact on financial strategies.
- Qualifications: 2:1 degree in a mathematical subject; prior modelling experience is a plus.
- Other info: Unique opportunity for professional growth with exposure to regulatory frameworks.
The predicted salary is between 36000 - 60000 £ per year.
We’re looking for someone interested in quantitative/actuarial analysis and investment instruments. You will have the opportunity to develop experience with industry established risk engines and develop market risk modelling within a Solvency II approved Internal Model.
What you’ll spend your time doing:
- This role sits within the Capital Management team and supports MSIG Europe’s Internal Model and Standard Formula Solvency Capital Requirements (SCR).
- Running and maintaining the Economic Scenario Generator (ESG), ensuring it is accurately calibrated and fully integrated into the Internal Model for both regulatory and internal reporting purposes.
- Analysing the asset portfolio of MSIG Europe to ensure alignment with the company’s risk appetite, while also assessing valuation and performance of those assets.
- Reviewing and validating reinsurance structures to identify potential capital efficiencies, and carrying out sensitivity and stress testing.
- Supporting the annual strategic planning process by providing capital modelling insights for setting next year’s financial targets, including Loss Ratio and Return on Capital analysis.
- Leading or contributing to deep-dive reviews to enhance capital efficiency across different risk types within both the Internal Model or Standard Formula.
- Assisting with various annual reporting deliverables, including Profit and Loss, and SCR reports.
- Gaining exposure to both Internal Model and Standard Formula reporting frameworks.
The role is varied and will require adaptability, strong problem-solving skills, and the ability to tailor existing processes to new situations. You will also need to stay up to date with developments in capital modelling, ESG methodologies. Additionally, MSIG Europe plans to submit an Internal Model application to the National Bank of Belgium, offering a unique opportunity for professional growth and a steep learning curve.
You’re going to enjoy this job if you also…
- Enjoy working with a range of stakeholders across the business
- Thrive in a technical environment and like contributing to technical discussions
What You’ll Need:
- A 2:1 university degree or higher in a subject with mathematical content
- Ideally, some prior experience in modelling
- Experience using Tyche and SQL database management systems would be an advantage
What You Can Expect From Us:
- A supportive and collaborative team environment
- An open mind (especially to new ideas and ways of doing things)
- An environment where autonomy is given and expected
- A strong commitment to diversity, inclusion, and equal opportunities
- Access to wellbeing and mental health support programmes
- Flexible working options
- Ongoing learning and development opportunities
Capital Modelling Actuarial Analyst employer: MSIG Europe
Contact Detail:
MSIG Europe Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Modelling Actuarial Analyst
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that dream job.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of capital modelling. We recommend practising common interview questions and even doing mock interviews with friends or mentors to boost your confidence.
✨Tip Number 3
Showcase your passion for the industry! During interviews, share your insights on recent developments in capital modelling and ESG methodologies. This will demonstrate your enthusiasm and commitment to staying updated, which we value highly.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest opportunities tailored to your skills and interests right there.
We think you need these skills to ace Capital Modelling Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your quantitative skills and any relevant experience in actuarial analysis. We want to see how your background aligns with the role, so don’t be shy about showcasing your achievements!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about the Capital Modelling Actuarial Analyst position and how your skills can contribute to our team. Keep it engaging and personal.
Showcase Your Technical Skills: If you’ve got experience with Tyche or SQL, make sure to mention it! We love seeing candidates who are comfortable in a technical environment, so highlight any relevant projects or coursework that demonstrate your abilities.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at MSIG Europe
✨Know Your Numbers
Brush up on your quantitative skills and be ready to discuss relevant mathematical concepts. Familiarise yourself with key metrics related to capital modelling, such as Solvency Capital Requirements (SCR) and how they apply to the role.
✨Get Acquainted with ESG
Since you'll be working with the Economic Scenario Generator (ESG), make sure you understand its purpose and functionality. Be prepared to discuss how you would ensure it is accurately calibrated and integrated into the Internal Model.
✨Showcase Your Problem-Solving Skills
Think of examples where you've had to adapt processes or solve complex problems. This role requires strong problem-solving abilities, so highlight your experience in tackling challenges, especially in a technical environment.
✨Engage with Stakeholders
Demonstrate your ability to work collaboratively with various stakeholders. Prepare to discuss how you would communicate complex modelling insights effectively and contribute to technical discussions within the team.