Berkley

Capital Analyst

Location Name London, UK - 52 Lime Street, Level 16
ID
2025-12411
Date Posted
12 hours ago(6/24/2025 9:44 AM)
Company
W. R. Berkley Syndicate Limited
Primary Location
UK-POST-LON-London
Category
Actuarial

Responsibilities

The Capital team manage the Solvency II, Capital, and Reinsurance modelling and forms part of the wider Actuarial function. The Capital team is responsible for valuation of the SCR and ECA, assist the business planning process, model optimal reinsurance structures, portfolio optimisation and assist the corporate reinsurance purchase function. This role will assist in the delivery (and, in some instances, perform underlying work) of all capital modelling and/or related activities.

 

  • LCM and/ Risk Appetite modelling.
  • ORSA submissions.
  • Standard Formula submissions.
  • PRA returns.
  • All Other regulatory submissions as required by the Syndicate.
  • Development, planning, designing and building the internal model..
  • Research and development - upgrades, investigation efficiencies, refinements etc.
  • Parameterisation - data specification, collation, manipulation, analysis and calibration.
  • Validation - documentation, testing and adhering to governance requirements.
  • Communication with Lloyd's, presenting to Risk and Capital Committee ("RCC") and at Capital Model Working Group ("CMWG") meetings, interacting with Risk and external reviewers as part of Validation etc.
  • Ad-hoc regulatory and business requests.

Coordinate with other departments such as Actuarial, Finance, Exposure Management, Risk etc.

Qualifications

·        Progress with the Actuarial exams (commensurate with experience).

·        Relevant Capital Modelling experience, preferably in the London Market;

·        Wide breadth and depth of knowledge of and experience with:

o   (Re)insurance;

o   London Market; and

o   Solvency UK

·        Advanced IT skills including:

o   Capital Modelling software (preferably ReMetrica);

o   MS Excel;

o   MS Access;

o   Visual Basic for Applications ("VBA"); and

o   Preferably knowledge of SQL, Python and R.

·        At least a 2:1 Upper Second-Class Honours or equivalent in a relevant quantitative degree;

·        Strong interpersonal skills with a proven ability to communicate effectively with stakeholders at various levels, both verbally and in writing.

·        Outcome focused, self-motivated, flexible and enthusiastic.

·        Ability to work within and promote a diverse and inclusive culture.

·        Strong time management skills to plan, manage and complete work on time either individually or as part of a team.

·        Flexible approach:

o   Take initiatives and assume leadership where appropriate and, at other times, work collaboratively as part of a dynamic.

o   Pay attention to technical detail whilst appreciating the 'wider picture'.

o   Work effectively both within the Actuarial department and the wider company.

 

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