Internal Capital Modelling (ICM) Analyst Internal Capital Modelling (ICM) Analyst …

M&G Prudential
in London, England, United Kingdom
Permanent, Full time
Be the first to apply
M&G Prudential
in London, England, United Kingdom
Permanent, Full time
Be the first to apply
M&G Prudential
Internal Capital Modelling (ICM) Analyst

Internal Capital Modelling (ICM) Analyst Working with M&G Prudential as an Internal Capital Modelling Analyst means becoming part of a brand with a global reputation and an exciting vision: to become the best loved and most successful savings & investments business.
The forthcoming planned de-merger of M&G Prudential from the Prudential Group PLC provides a terrific opportunity to create a truly international and integrated savings and investments firm. A firm built on a rich and long history and with a commitment to an innovative future centred on the needs of customers and clients. There is a genuine opportunity to drive competitive advantage with value creation through the formation of this new organisation.
If you're inspired to join us, and have the necessary qualities, then this could be the opportunity you've been looking for.
The Role:
We are expanding our team within M&G Prudential as a result of the de-merger from the Prudential Group PLC.
The Internal Capital Modelling Analyst role involves delivering the on-going development of the IT systems that comprise the Internal Capital Model which underpins both the Solvency II and Economic Capital results production. These include the web-based front end, the scenario generator (and supporting infrastructure), the calculation engine and the suite of reporting tools.
The role focusses on the range of systems involved in the Production of Ecap and SII metrics.
The ICM Analyst role supports the on-going developments in a number of ways and is therefore broad in nature. The ICM Analyst role:
  • Will assist in the user acceptance testing of the systems, including checking of numbers. This will involve leveraging actuarial knowledge to apply it to Prudential's specific modelling framework.
  • Will develop a strong working relationship with the dedicated test team to ensure timely and accurate delivery of system releases
  • Will assist with technical investigations on the calculation engine as and when require
  • Will, over time, develop SME-level knowledge of the various capital modelling applications
  • Will act, over time, as a central go-to point for questions and issues on the use of the ICM, involving other team members as required to help resolve them.
In addition to the above, the role: Will lead the developments on the Balance Sheet Tool (BST) and the Reporting and Consolidation Tool (RCT), the two key reporting tools involved in the consolidation of ICM outputs.
  • Will work closely with the M&GP Actuarial Reporting team to identify and subsequently implement enhancements to the BST and the RCT.

You will have:
Ability to solve logical problems and explain solutions in a clear manner
  • Strong coding skills across a range of programming languages (e.g. VBA, C#, MatLab) are required
  • Knowledge of actuarial systems is essential
  • Excellent communication skills (both verbal and written)
  • Strong interpersonal skills
  • Self-starter approach to work
  • Ability to work under pressure with multiple competing demands
  • Knowledge and experience of Solvency II is a distinct advantage
  • Good stakeholder management skills
  • Strong Actuarial education
Closing date for applicants 15th July 2019