Solvency II Analyst

Location: London
Posted: 2022-10-24
Job description
  • Perform the SCR and own funds calculation using the Solvency II (SII) Standard Formula. Prepare materials, present and explain the outputs. Keep the capital model process up to date with the latest SII requirements.
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  • Submit to PRA the SCR figures on quarterly basis as well as Annual Solo and NST.
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  • Constantly assess the capital sufficiency and provide opinions to assist management decisions and reinsurance programme design.
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  • Perform capital optimisation analysis and establish the economic capitals as part of the ORSA process.
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  • Perform sensitivity, stress and scenario tests on the solvency position to assist business development and new product launching.
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  • Liaise with Risk Management about the SII calculations and SCR position

 

Requirements

 

Essential

  • Bachelor's degree or above in actuarial or related fields.
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  • Excellent reporting writing skills. Excellent presentation and verbal communication skills.
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  • Knowledge of the requirements of Solvency II capital modelling.
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  • Good problem solving and relationship management skills.
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  • Excellent in MS Suite (e.g. Excel, Word, PowerPoint and Access).
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  • Student Actuary making good progress though the IFoA examinations.

Preferred

  • Past experience in actuarial, risk management or related.
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  • Taken or will take the IFoA SP9 exam for the CERA certificate.
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  • Competent in managing own workload and working on own initiative and in project managing delivery on multiple tasks.
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  • Strong commercial understanding and business awareness.
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  • Chinese Mandarin or Cantonese would be a plus but not essential.    

 

 

Contact details

If you are interested in applying for the role, or have any questions, please send your CV or your questions to HR@uk.cntaiping.com