Capital Actuary - Hybrid

Job Summary

The Zurich Technical Centre of Excellence EMEA (TCOE EMEA) is a regional hub, providing a wide range of specialised services to EMEA and Zurich Insurance Europe AG (ZIE).

We are looking for a qualified Capital Actuary to work in the Capital Actuarial team on the Solvency II Internal Capital Model, supporting ZIE in meeting its governance & regulatory requirements in related topics.

This role is hybrid and based in our new TCoE office in Dublin 2, Sir John Rogerson’s Quay.  

This role may be available part-time or full time. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time.  Please talk to us at interview about the flexibility you may need.

Your Role

As a Capital Actuary, your responsibilities will include, but not necessarily be limited to, the following:

• Perform complex analyses as assigned with minimal direct supervision including:
  
  
  
  • Production and reporting of capital results and scenarios for defined risk types of the Solvency II Internal Model
  
  
  • First line validation tasks, responses to independent validation findings, model deep dives and development, minor and major model change work
  
  
  • Contribute to regular processes including Standard Formula calculation, Reinsurance assessments, Profit and Loss Attribution, SFCR, ORSA and specific projects such as EIOPA studies, regulatory requests, M&A activities etc.  
  
  
  • Review and updates of internal model methodology, expert judgements & limitations.
  
  
  • Support the annual model recalibration and parameter reviews.
  
  
  • Ensuring compliance with internal governance rules and regulatory requirements
  
  
  
  

• Further develop and enhance our technical tools for analysis and reviews, exploring and applying modern technologies.

• Support cross-functional discussions across Internal Model and other topics.


• Collaborate with teams across the TCOE, ZIE HO and branches and Zurich Group as necessary.


• Effectively manage and develop relationships with senior colleagues within the company.


• Assist more junior team members with standard actuarial, capital and performance analytic tasks.

Your Skills & Experience

As a Capital Actuary, your skills and qualifications will include:

• Qualified actuary (per local society)


• Several years of actuarial experience, preferably non-life


• Experience in multiple functions strongly preferred, in particular reserving and capital

Knowledge

• Knowledge of actuarial professional guidance and relevant legislation.


• Knowledge of finance and accounting practices, financial analysis, SII capital models (Internal Model and/or Standard Formula), SII Technical provisions and regulatory reporting; ability to apply this knowledge appropriately to diverse situations.


• Knowledge of the insurance industry's trends, directions, major issues, regulatory considerations, and trendsetters.

Technical Skills

• Advanced knowledge of and ability to use spreadsheet software.


• Knowledge in R, Python or PowerQuery is a plus.


• Intermediate/Advanced knowledge of other statistical and actuarial tools and techniques and ability to apply modelling processes and techniques to facilitate risk and capital management decisions.

Professional & Communication skills

• Perform complex actuarial, capital and performance analytic tasks as assigned with minimal direct supervision.


• Deliver work to consistently high quality standards, including professional standards.


• Fluent English, both oral and written; German is a plus.


• Strong oral and written communication, presentation, and interpersonal skills.


• Ability to build strong working relations with colleagues of all levels and across locations.


• Able to meet deadlines, work under pressure and handle complexity.


• Competent at taking the initiative, prioritizing, resourcing, planning and project management.


• Professional, enthusiastic, positive attitude and flexibility to handle change.

Management Accountabilities:

• Individual contributor; collaborating with team members.

Additional Information

Primary work location is Dublin 2, Sir John Rogerson’s Quay. Occasional travel may be required to other Zurich locations.

If you value an exciting and varied working environment and meet the above requirements, then our recruiter is looking forward to receiving your application by clicking on the button “Apply online”.

Who we are

Zurich is one of Ireland's leading insurance companies providing a wide range of general insurance and life insurance products and services. The company employs over 1,000 people across its locations in Dublin and Wexford.

Zurich is a strong brand – with our 53,000 employees worldwide form the basis of our success, helping our customers in 210 countries and territories to understand and protect themselves from risk. In order to deliver our services, we offer our employees flexible working models and interesting opportunities for further training & development. As a Zurich employee you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit.

At Zurich, we foster a culture of diversity and inclusion. Our purpose and values are designed to protect, inspire confidence and help our employees reach their full potential. We value and defend what is right and promote opportunities for equity among our professionals, regardless of gender, disability, LGBTQ +, race, ethnicity, generations, belief, etc. Join Zurich and be part of this culture. Together we are committed to delivering on our purpose - Let’s Create a Brighter Future Together!