
Solvency II Analyst
- 🇮🇪 Ireland
- Hybrid
- 1 day ago
- Risk Management
- Actuarial Science
- Regulatory Compliance
- SQL
- Excel
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 Possibilityâ„ .
Arch Reinsurance Europe Underwriting dac (ARE)providesspecialtyproperty,casualtyandlifereinsuranceproductsthroughreinsuranceintermediariesworldwide.TheseprogramsrangefromPropertyExcessofLossreinsurancetoTradeCreditandSuretytreaties.OurDublin-basedoperationhas astrong,provenmanagementteam, acommitmenttounderwritingdiscipline,andfinancialstrengththatisrated A(Excellent)byA.M.BestandA+byS&P.Reportingtothe,with amatrixlinetoCFOofAREthesuccessful candidatewillberesponsible for ARE’s Solvency II support.
Responsibilities include but arenotlimited to:
Workingwith local and foreignregulatory entities on behalf of ARE, AIEU (Alwyn Europe segment), Alwyn& WICE (Watford Insurance Company Europe Limited) to
- Ensure compliancewithevolving regulatoryregime, including but not limited to:
- Oversight for all Solvency II Pillar 3 reporting (e.g., QRTs, SFCR, RSR)
- Primary responsibility for SolvencyII Pillar1valuations (e.g.technical provisions, SCR)
- Contribution to Solvency II Pillar 2 compliance as guided byRisk Management (e.g. RiskPolicies, RiskAppetite)
- Supporting ARE,AIEU,AlwynandWICEininternalandexternalreportingrequirementsandownershipoftheannualSIIreturns
- Supporting ad-hoc projects/initiatives related to analytics and process automation across ARL/ARE and the MGA platform
- Potentially assisting with Arch Reinsurance Ltd. (Bermuda) and Arch Capital Group Ltd. actuarial and risk management teams in the analysis and reporting of financial valuations and risk measurement for ARL and ARE’s books of business including aspects of reserving.
Requirements:
- Minimum Bachelor's degree in Mathematics, Actuarial Science, Statistics, Econometrics, or related field; FIA or FSAI or international equivalent is a plus
- Minimum 1-5 years insurance or related experience including one or more of: risk management, portfolio analysis, risk modeling, actuarial analysis, regulatory compliance
- Technical experience with SQL and other database management systems is a must
- Knowledge of Solvency II framework and regulations
- Strong skills with MS Excel, and strong problem solving skills
- Experience with using regulatory modeling, valuation and quantitative reporting software. Specific knowledge of Moody’s Risk Integrity a plus
- Ability to handle multiple projects and meet tight deadlines
- General insurance reserving experience with knowledge of reserving methodology and exposure is a plus, but not necessity
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 ourtalent community to share your preferences directly with Arch’s Talent Acquisition team.
13000 Arch Underwriters Europe Limited
Solvency II Analyst · 1410Arch Europe Insurance Services Ltd