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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.

Responsibilities include but are not limited to:

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.

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 our talent community to share your preferences directly with Arch’s Talent Acquisition team.

13000 Arch Underwriters Europe Limited

Solvency II Analyst

Job Description