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Arch Capital Services LLC

Capital Actuary

Reposted 5 Days Ago
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In-Office
London, Greater London, England, GBR
Senior level
In-Office
London, Greater London, England, GBR
Senior level
The Capital Actuary will assist in managing capital management for Arch Insurance, ensuring compliance, providing people management, and supporting regulatory processes.
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With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role Summary and Purpose

  • The role is for a qualified actuary, focused on supporting the capital management of Arch Insurance International.

  • Ensure compliance with all industry legislation, regulation, codes of practice, guidance and Arch Group controls relevant to the role

  • Assist Arch Senior Management in evaluating strategic business choices on the basis of capital considerations

  • Embed Arch International’s capital model in the business

 

Key Tasks and Responsibilities

 

  • Assist the Head of Capital to manage day-to-day activities of the capital team in light of all regulatory and other deadlines

  • Provide people management to direct reports and/or technical support to junior members of the team

  • Assist in managing third party communication in light of process improvement process and other projects as required

  • Assist Head of Capital with moving beyond regulatory capital requirement calculations and ad hoc outward reinsurance assessment

 

Role Requirements & Skills

Skills / Competencies
  • Qualified Actuary with at least 3 years post qualification experience

  • Technical leader with detailed knowledge of stochastic modelling techniques and insurance to maintain, run and develop the capital model

  • People manager

  • Excellent communication skills, both written and verbal

  • Knowledge of PRA / Lloyd’s requirements

Qualifications
  • Fellow of the Institute and Faculty of Actuaries, or equivalent

Experience
  • Experienced Capital Management Actuary

  • Experienced people manager

  • Good working experience of capital modelling software experience.  Tyche experience is desirable but not necessary.

 

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services Ltd

Top Skills

Capital Modelling Software
Stochastic Modelling Techniques

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