Capital Actuary Manager

Posted 12 Days Ago
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London, Greater London, England, GBR
In-Office
Mid level
Financial Services
The Role
The Capital Actuary Manager oversees capital management, compliance with regulations, supports senior management in strategic decisions, and manages a team for effective capital modeling.
Summary Generated by Built In

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

Skills Required

  • Qualified Actuary
  • At least 3 years post qualification experience
  • Technical knowledge of stochastic modelling techniques
  • Excellent communication skills
  • People management experience
  • Knowledge of PRA/Lloyd's requirements
  • Experience with capital modelling software
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The Company
HQ: White Plains, NY
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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