Principal Analyst

IAG

Principal Analyst - Capital Modelling
Sydney Based

An exciting opportunity exists for a Principal Analyst to join the Capital modelling team, based in IAG's head office in the Sydney CBD.

The Capital Modelling team is responsible for the development & maintenance of the Group's Internal Capital Model (ICM). The ICM is used by the IAG executive teams across different divisions as a tool to formulate the risk appetite of the business and assess the financial and capital impact of various strategies such as capital allocation, reinsurance structure and asset allocation.

Responsibilities will include:

Assess financial and capital related analytics produced by the ICM

Plan and manage capital related projects as required

Design and implement statistical methodologies used by the ICM

Design and Implement process efficiencies feeding the ICM

Prepare key documents and implement regulatory changes into the ICM as required

Socialise results of the ICM to internal stakeholders ensuring business decisions are made with appropriate information

Manage ICM projects supporting the Senior management team

Essential requirements for this position include:

Tertiary qualifications in an actuarial, mathematical or other analytical degree

Extensive prior practical experience (minimum 5 years) in the analysis of complex data using Statistical or Actuarial methods

Fellowship of the Institute of Actuaries or a relevant post graduate qualification in Mathematics, Statistics or other relevant qualification

Excellent written and verbal communication skills

Ideally you will also have:

Experience in a technical general insurance role such as Reserving, Reinsurance, Pricing or Capital modelling

Experienced user of Capital Modelling software platforms, preferably Igloo.

Proficient in the use of a structured 3rd generation programming language e.g. VBA, C, R

In exchange for these skills you will be provided with:

A clear career path and diverse development opportunities

Exposure to all facets of insurance business

The freedom to explore and grow in a supportive & leading edge environment

Opportunity to work with experts from all areas of the insurance industry

Competitive base salary plus 13% superannuation and an annual performance bonus

Generous study support for relevant, approved courses

If you are interested and meet the above requirements, we would like to hear from you - please apply now!
careerscentre@iag.com.au