Capital Analyst

About the role

Working with the Capital Lead, you will support the growth of Africa Specialty Risks by developing, calibrating and maintaining the Internal Capital Model (ICM) for Syndicate 2454 and the wider ASR Group. The role ensures the model reflects the risk profile of written insurance risks and that capital levels are appropriate.

Key responsibilities

• Support all deliverables from the capital team, including Lloyd’s LCR.
• Assist in parameterisation of the Internal Capital Model across all risk areas.
• Develop and document model changes and analyse their impact.
• Advise management on capital and profitability impacts of business decisions.
• Validate and document the internal model to meet Lloyd’s and regulatory requirements.
• Interact with regulators and ensure ongoing compliance with Solvency UK, Lloyd’s Byelaws and other relevant frameworks.
• Collaborate with the Risk Function on risk appetite, ORSA and stress‑scenario testing.
• Represent the Capital Modelling function in committees and forums.
• Assist with other actuarial activities as required.

Required profile

• Reasonable progress in a relevant actuarial, finance or risk‑management discipline.

Required skills

• Internal Capital Model (ICM) development and calibration.
• Lloyd’s LCR methodology.
• Regulatory frameworks such as Solvency UK and Lloyd’s Byelaws.
• ORSA (Own Risk and Solvency Assessment) processes.
• Stress and scenario testing techniques.