Solvency ll Analyst Job in London, London Uk

My global insurance client requires an experienced Analyst to work within the Solvency II Internal Model team to ensure the model meets Solvency II standards

Responsibilities
The role will involve working closely with other Solvency II works streams to ensure delivery of overall Group requirements for Solvency II.
You will be responsible for specific elements of the testing of the Internal Model, such as writing test strategies, test scripts, creating dummy data and ensuring that any defect is appropriately logged, categorised and prioritized, with full documentation and full audit trail
You will assist with the preparation of documentation of IM
You will distil complex quantitative and qualitative information into key facts and make recommendations
You will contribute to the production of reports for key stakeholders.
You will assist with the provision of accurate and timely management information for the internal model. You will develop relationships across the organisation and with regional internal model teams

KPIs
Identifying and communicating testing issues
Producing documentation and full audit trails
Providing timely, high-quality analysis relating to GI Internal Model and Solvency II issues
Producing accurate and timely economic capital reporting
Communicating with Regions/Business Consultants leading to a reduction in errors
Escalating significant issues when appropriate
Taking initiative to identify responsibilities and action plans
Having the ability to work under pressure
You will need to work with close attention to detail

Qualifications
Professional actuarial or other relevant professional qualification (eg newly qualified or part qualified actuary)

Skills
You will need to possess well developed communication skills and the ability to communicate complex ideas effectively to both technical and non-technical audiences
You will have the ability to prioritise your own work load
You will have a good understanding of project management disciplines an advantage
You will have knowledge of economic capital modelling for non-life insurance.
You will be familiar with Igloo and/or Algorithmics
You will have strong report writing and presentation skills
You will have good knowledge of Solvency II requirements for Internal Models

Experience
Experience of insurance economic capital modelling
Testing and validation of data