Insurance Risk Modelling Senior Risk Analyst

Location: London; primarily office-based

Company

hirify.global provides commercial and personal insurance solutions through a global property and casualty insurance network.

What you will do

• Develop stochastic actuarial models and applications for non-catastrophic Reserve Risk and Premium Risk.
• Calibrate Insurance Risk parameters, including line-of-business volatilities and cross-line correlations.
• Analyze historical claims and underwriting data to develop model assumptions and parameters.
• Translate business requirements into analytical solutions and model specifications, then perform testing, sensitivity analysis, benchmarking, and validation.
• Support actuarial, risk management, underwriting, and finance stakeholders in understanding Insurance Risk, capital requirements, and model outputs.
• Maintain model documentation and support governance, validation, review, and ad hoc capital analysis activities.

Requirements

• Experience in insurance, actuarial work, capital modelling, or quantitative risk management.
• Experience applying stochastic modelling techniques in Property & Casualty insurance or related areas.
• Understanding of reserving, pricing, Insurance Risk, economic capital modelling, and risk aggregation principles.
• Proficiency in mathematical, statistical, actuarial, and quantitative methodologies.
• Experience with programming or quantitative tools such as Igloo, Python, R, VBA, or MATLAB.
• Degree in Actuarial Science, Statistics, Quantitative Finance, Data Science, Mathematics, or a related field.

Nice to have

• Knowledge of Solvency II and related insurance capital regulatory frameworks.
• Progress toward an actuarial qualification.

Culture & Benefits

• Primarily office-based collaboration to support interaction with colleagues and clients.
• Benefits supporting health, wellbeing, financial security, and professional development.
• Continuous learning and development opportunities.
• Inclusive culture supported by cultural awareness activities and Employee Resource Groups.