Solvency II Analyst

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 Possibility℠.

Arch Reinsurance Europe Underwriting dac (ARE) provides specialty property, casualty and life reinsurance products through reinsurance intermediaries worldwide. These programs range from Property Excess of Loss reinsurance to Trade Credit and Surety treaties. Our Dublin-based operation has a strong, proven management team, a commitment to underwriting discipline, and financial strength that is rated A (Excellent) by A.M. Best and A+ by S&P. Reporting to the, with a matrix line to CFO of ARE the successful candidate will be responsible for ARE’s Solvency II support.

Working with local and foreign regulatory entities on behalf of ARE, AIEU (Alwyn Europe segment), Alwyn & WICE (Watford Insurance Company Europe Limited) to

• →Ensure compliance with evolving regulatory regime, including but not limited to:
  • →Oversight for all Solvency II Pillar 3 reporting (e.g., QRTs, SFCR, RSR)
  • →Primary responsibility for Solvency II Pillar 1 valuations (e.g. technical provisions, SCR)
  • →Contribution to Solvency II Pillar 2 compliance as guided by Risk Management (e.g. Risk Policies, Risk Appetite)
• →Supporting ARE, AIEU, Alwyn and WICE in internal and external reporting requirements and ownership of the annual SII returns
• →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.

• 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

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