Capital Actuary

Job Title: Capital Actuary (Maternity Cover)

Reporting to: Head of International Capital Modelling

Position Type: Fixed Term Contract

Hybrid working: 3 days in the office 2 days working remote

Overview:

Why Tokio Marine HCC

Standing still is not an option in the current world of Insurance. TMHCC are one of the worlds leading Specialty Insurers. With deep expertise in our chosen lines of business our unparalleled track record and a solid balance sheet TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit empowering our people and delivering on our commitments are at the core of our customer values and so is a desire to grow and provide creative and innovative solutions to our clients.

Job Purpose:

Assisting the Head of International Capital Modelling in all aspects of capital modelling with an approved Internal Model for our Lloyds Syndicate and non-approved models for our UK entity and Luxembourg entity. The role covers all risk modules with all team members exposed to all areas of the model.

Key Responsibilities:

• Regular updates to the ECM and reporting of these results to management.
• Collaborate with other teams to perform data updates re-parameterisations methodology reviews e.g. Exposure Mgmt. team for reinsurance programme and cat modelling Finance re Market Risk etc.
• Prepare management info including Strategic Risk Metrics visualisations for committees etc.
• Help identify and prioritise development areas in the ECM and play a lead role in testing implementing and communicating assigned development items.

Performance Objectives:

• 3 months: Be able to perform ECM updates such that the update is accurate and a brief summary of the movements observed is available for a more senior colleague.
• 6 months: Play a key role in implementing an improvement in the either the model workflow or the model methodology / parameterisation

Skills and Experience Specification:

Essential:

• Ideally 3 years experience in an actuarial or risk role in general insurance
• Capital modelling experience in general insurance OR London Market experience
• Superior organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously.
• Committed to the role with willingness to take accountability.

Desirable:

• Experience in ReMetrica
• Ability to set and manage detailed workplans with issues identified and communicated in good time
• Excellent written and verbal communications skills with the candidate able to talk confidently and concisely about capital modelling and its place in the wider business.
• High personal standards with a desire to achieve excellence. The successful candidate will be expected to add value by improving items on which they work rather than simply repeating tasks as performed previously.
• Knowledgeable of industry changes legal updates and technical developments related to applicable area of the Companys business to proactively respond to changing business environment
• Programming aptitude / experience particularly Python and R

Tokio Marine HCC is a leading specialty insurance group with offices in the United States the United Kingdom Europe and other locations. With the strength and stability that comes from being a member of the Tokio Marine group and more than forty years of growth profitability and stability we offer important insurance products that most people do not even know exist.

The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit for more information about our companies.

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