Job Description
Generate and analyze complex financial data to inform business decisions and ensure regulatory compliance.
As a key member of the team, you will be responsible for generating and checking model points used for Solvency II calculations, updating assumptions feeding into the Prophet model, and performing reasonability checks on assumptions.
You will also be responsible for running quarterly BEL calculations in Prophet, including central BEL and BEL shocks for Life and Health Underwriting SCR, as well as completing all outside-Prophet calculations for Solvency Capital requirements.
Additionally, you will perform reasonability checks on all results, deliver results on time through internal reporting channels, and support the Analysis of Change on BEL and SCR.
You will also be responsible for calculating Risk margin on a quarterly basis, performing Solvency II Sensitivities calculations, and providing high-quality commentaries on results as required by Management, Risk Management Function, and other stakeholders.
Other responsibilities include contributing to the completion of all SII control cards, Solvency II Qualitative Reporting Templates (QRTs), gathering relevant information for quarterly and annual QRTs, and delivering QRTs on time through internal reporting channels.
You will also be responsible for reviewing results first independently, then with the Reserving Team, contributing to commentaries and presentation of results ORSA, and using budget information and other key inputs provided to calculate prospective Own funds and SCR in Prophet for ORSA for Central Scenario.
Other key responsibilities include amending Prophet tables and model points, as required, to run ORSA stress scenarios, completing all outside-Prophet calculations for completion of overall SCR, and performing reasonability checks and other analysis on results.
You will also be responsible for participating in writing ORSA reports and presentations, generating and checking model points for new business point of sale exercise, updating the assumptions feeding into the Prophet model, and including reasonability checks on assumptions.
Other responsibilities include running the annual New Business Point of Sale calculation in Prophet, performing reasonability checks on results, carrying out Analysis of Change on New Business Point of Sale, and providing quarterly estimates for New Business Point of Sale to Group taking into account assumption updates throughout the year.