Quantitative Risk Analyst London, England
Tokio Marine HCC
Full Time
London, England
44579 - 74345 GBP ANNUAL Today
Job description
HCC Service Company Inc. – UK
JOB DESCRIPTION
Job Title: Quantitative Risk AnalystReports To: Quantitative Risk Manager
Based at: One Aldgate, LondonHybrid Working: 3 days in office 2 days at home
Job Purpose:
The main purpose of the role is to support the design, development and conduct/implementation of the Quantitative aspects of HCC’s Risk Management framework. This includes Internal Capital Model Validation, Stress and Scenario testing and RSTs, production of Strategic Risk Metrics for the Board, and other risk reviews of the business as they arise.
You will work closely with Head of Risk and Quantitative Risk Manager within the Risk team and will liaise with other business stakeholders as required.
The candidate will likely have mathematical skills, e.g. studying Actuarial exams, have Mathematics or Accountancy degree, and ideally have up to two year’s experience in either a capital, reserving or model validation team.
______________________________________________________________________________
Key Tasks:
Assist with the production and analysis of Strategic Risk Metrics for reporting to the Risk & Capital Management Committee and TMHCC International Boards.
Assist with the design, development and quantification of Reverse Stress and Stress & Scenario Tests.
As part of wider Internal Model validation team, perform and review validation tests, coordinate second and third line (external) validation reviews together with Capital modelling team, and contribute to the Validation report to the TMHCC International Boards.
Supporting the implementation of other internal model processes, such as ensuring the model use, re-run triggers, feedback and expert judgement logs are updated.
Assist with the production of operational scenario analysis for TMHCC International entities.
Contribute to other risk management output, including but not limited to the ORSA Report.
Complete all necessary training and development to enable fulfilment of role.
Maintain risk management records accurately and efficiently.
Other ad hoc reviews as required by the business.
Skills Required:
Strong mathematical and analytical skills including the ability to analyse, summarise and convey complex information.
Strong IT literacy – MS excel is necessary and familiarity with capital modelling software is desired but not a requirement
Excellent attention to detail
Ability to plan and organize own role effectively
Good communication skills are essential to work with the risk team and the wider business.
Knowledge of stochastic methods in capital modelling environments is desired but not a requirement, as is knowledge and experience of undertaking Internal Model validation assessments.
“Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other locations. With the strength and stability that comes from being a member of the Tokio Marine group, and more than forty years of growth, profitability, and stability, we offer important insurance products that most people do not even know exist.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies. #LI-NW1
