Sompo has a unique opportunity for an Economic Capital Modelling Analyst in our Capital Modelling team. The Capital Modelling Analyst will support the end-to-end capital modelling process, with a primary focus on model production, data preparation, and output analytics. The role works closely with the Model Parameterisation, and Risk functions to ensure high quality inputs, robust analytics, and strong model governance. The analyst will contribute to ongoing model enhancements and help ensure the internal model remains up to date, well documented, and aligned with business and regulatory expectations. This position will be based out of our London office. Production SupportPrepare, collect, and review business data required for model assumptions (e.g., planning information, reserve information, reinsurance placement information).Perform internal checks on data mapping processes (e.g., Perform model changes, ensuring detailed analysis checks from one run to the next. Perform output analysis, including reasonableness checks, reconciliation tasks, and analysis of change.Support the upkeep of model policies, and documentation required for internal and external review. Assist with preparation for validation activities, regulatory submissions, and internal governance committees. Familiar with data validation, sensitivity testing, simulation modelling concepts. Proficiency in Excel; experience with coding (Python, R, VBA, Julia) is advantageous. Undergraduate degree in a STEM discipline (e.g., Mathematics, Statistics, Physics, Engineering, Computer Science, Data Science, Economics, or similar).Interest in insurance, risk, or capital modelling, with a willingness to develop expertise in these areas. At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. Health & Wellness BenefitsRetirement & Savings PlansGlobal Parental Leave & Adoption AssistanceEmployee Assistance ProgramTuition Reimbursement & Professional Qualification benefitsWho we are and what we stand for: At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo pageOur values come to life in how we hire and grow talent. If you need an accommodation for any part of the application process, please contact the recruiter in charge. SummaryLocation: London, United KingdomType: Full time
Economics Analyst in London employer: Sompo International
Sompo is an exceptional employer, offering a dynamic work environment in the heart of London where Actuarial Analysts can thrive and develop their careers. With a strong focus on collaboration, employee growth opportunities, and a commitment to diversity and inclusion, we provide competitive compensation and comprehensive benefits that support our employees' well-being and professional development. Join us to make a meaningful impact while working alongside experienced professionals in the exciting field of Specialty Lines insurance.