Solvency II Analyst

Up to £50,000 + benefits
09 Mar 2018
09 Apr 2018
Solvency II
Contract Type
Full Time

Consultant Name: Robert Gibson

Telephone Number: 02038679858

Email Address:

Key Responsibilities:

  • Under supervision, development and maintenance of actuarial models and assumptions for use in Solvency II pillar activity 
  • Deliver required outputs including regular reports and validated data collection templates in line with company’s basis of preparation and adhere to stringent timetables for reporting on behalf of the Business Unit
  • Includes TPs, QRTs, Actuarial Function Report, CAT risk, scenario testing & USP
  • Expert in extraction and transformation of data to be fit for purpose in models and evidencing that transformation is appropriate
  • Liaise with SII Actuary and SII/ Reserving Lead Actuary to fulfil their requirements and adhoc requests
  • Participate in other Business Unit risk functional activities as they impact Solvency II program i.e. data quality and controls
  • Maintain quality documentation, including expert judgement, deficiency and development logs, data dictionaries and process manuals


  • Educated to degree level or equivalent experience
  • Part-qualified Actuary preferred
  • At least 3 years’ experience in actuarial work, preferably but not required in health insurance; relevant actuarial work should include the following responsibilities in previous and current roles:
    • Demonstrable Solvency II technical knowledge and some experience with practical application
    • Data manipulation using software such as SAS and MS Access/ VBA, and preferably with knowledge of SQL
    • Proficient in use of MS Excel, including macros
    • Developing actuarial models and assumptions for use in the models
    • Coding and data extraction
    • Transformation of complex data and data validation
    • Communication of basic actuarial concepts
  • Have working knowledge of insurance risk including its drivers and controls, insurance company cashflows and operations
  • Demonstrated ability to deliver the right level of solution to an actuarial problem appropriate to time and resource constraints
  • Demonstrated ability to deal with changing priorities and ability to work under supervision
  • Demonstrated ability to contribute as a subject matter expert as part of a wider actuarial team

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