Capital Analyst
Cardiff
- Full time
About the job
This vacancy has now expired. Please see similar roles below...
"Key Responsibilities:
Working within the Actuarial team and reporting to the Head of Capital, the main responsibilities of the role include supporting the team with the following:
- The delivery of regulatory capital requirement calculations at Group and solo entity levels
- Providing the business with risk and capital analysis to support the strategic decision making process
- The delivery of the IMAP project including validation remediation, model development, creation & maintenance of model documentation and risk parameterisation.
Detailed role profile:
- Assist with the delivery of capital requirements at Group and solo entity levels for reporting purposes.
- Prepare reports and presentations for senior management
- Regular interaction with the Risk function and develop an understanding of the key financial risks faced by Admiral
- Assist with the production of the risk and capital analysis to support key decisions across the organisation e.g. business planning, reinsurance strategy and dividends
- Assist the build and continued improvement of the internal model in readiness for IMAP and beyond:
- Understand the origins and reasonableness of the data used
- Parameterisation of the inputs
- Working alongside the existing team members to design and build the models/calculations
- Performance of testing on model outputs to ensure appropriateness of model calibration
- Perform stress and sensitivity testing
- Production of Model documentation
- Prepare reports and presentations for senior management and the regulator
Other:
- Support the international businesses with capital queries, sharing UK best practice and understanding the different issues across the business
- The role will involve providing support and assistance to the other members of the capital modelling team to ensure their ongoing development of the team as a whole.
Candidate profile:
An actuarial student working their way through the IFoA exams with non-life experience (minimum 2 years)
- Highly numerate and analytical with very good academic record (2.1 in maths or relevant degree)
- Good written and verbal communication skills
- Good working knowledge of capital modelling concepts
- Good working knowledge of General Insurance capital modelling software (e.g. Igloo, Remetrica)
- Excellent Microsoft Excel skills
- Understanding of SII
Salary, Benefits and Work-Life Balance
We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.
At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons why we're consistently voted one of the Sunday Times’ Best Big Companies to work for in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.
You can also view some of our other key benefits here; https://admiraljobs.co.uk/employee-benefits/.
If you think this role is for you and would like to be considered for this opportunity, please click “apply now” to complete an online application form.
#LI-LP1
Find out what it is like,
working at Admiral
Find out your time
to travel to work
You
Related jobs
Salary
Location
Hybrid
Job Type
Full time
Location
Hybrid
Department
Finance and Acturial
Office address
Tŷ Admiral, David Street, Cardiff, CF10 2EH
Description
The Senior Accountant will be a key member of the accounting and reporting team within EUI Finance in Cardiff and will be responsible for co-ordinating and delivering timely and accurate month end rep
Reference
8915
Expiry Date
01/01/0001
Vacancy managed by
Helen HuntVacancy managed by
Helen HuntSalary
Location
Hybrid
Job Type
Full time
Location
Hybrid
Department
Finance and Acturial
Office address
Tŷ Admiral, David Street, Cardiff, CF10 2EH
Description
Senior Capital Actuary Job Purpose: The primary purpose of this role is to be a key contributor in the co-ordination and provision of regulatory and economic capital requirements to the business
Reference
9010
Expiry Date
01/01/0001
Vacancy managed by
Georgia NeedhamVacancy managed by
Georgia NeedhamRelated posts
Teaser
Business SupportContent Type
BlogPublish date
07/11/2023
Summary
Let’s talk about empowering women in finance At Admiral, we're all about levelling the playing field and creating an environment where everyone, regardless of their gender, can thrive and su
by
Ben Moriarty
Teaser
GeneralContent Type
BlogPublish date
18/07/2023
Summary
Picture this: a role that not only challenges you but also empowers you to make a real impact. You might have heard about debt collection jobs before, but we do things differently at Admiral Mo
by
Ben Moriarty
Teaser
Business SupportContent Type
BlogPublish date
22/06/2023
Summary
Have you heard about our company in Gibraltar?Will Moulder recently joined Admiral Insurance Gibraltar Limited (AIGL), an entity within Admiral Group which holds the insurance licence and ho
by
Emily Matthews
Teaser
Business SupportContent Type
BlogPublish date
15/09/2021
Summary
James is one of our Actuarial Trainees, working towards becoming a fully qualified Actuary, hopefully this year! Read about his career journey below. What do you do in Admiral and how lo
by
Emily Matthews
Our Benefits
As one of our four pillars to our culture, Reward and Recognition is extremely important. We believe that happy staff make happy customers, so we have a huge range of great benefits to make sure everybody has something to smile about! Here are a few of our more popular ones.
Share
Schemes
Flexible
Working
Local
Discounts
Travel Season
Ticket loans
Groups
& Societies
Development
Opportunities