Ref: RP328-01

Job description / Role

Employment: Full Time

Assist the Capital Modelling team, undertaking a range of activities including stochastic models to optimize business decisions, model validation and parameterization as well as assisting in the production of management information. This role does not require the need to travel. The role would require the need to master the use of the various models used to perform this role.

The role will require work on the following areas:
- Internal Stochastic Model parameterization and calibration
- Rating Models Dryruns and use in decision making
- Solvency 2 Model parameterization and calibration
- Risk based Capital Requirements Quantification under several regulatory regimes
- Scenario and Stress Testing
- ORSA Process
- Data process and CAT model calibration and use
- Aggregates/Exposure (limit) monitoring
- Relevant Management Information

Requirements

- Bsc in Actuarila Scince
- Minimum 2 years of experience in insurance industry (Non Life)
- Other certifications obtained: Actuary Qualifications (Exams)

Specialist knowledge:
- Actuarial background
- Capital Modeling

Soft Skills and Personality traits:
- Communication skills

Language Fluency: English
Current Location: Anywhere

About the Company

Trust International Insurance and Reinsurance Company B.S.C. (c) \'Trust Re\' is a closed joint stock company registered in the Kingdom of Bahrain, with authorised, issued and paid up capital of US$ 200 million. It is regulated by the Central Bank of Bahrain, as a locally incorporated reinsurance firm with License Number LII/023 and Commercial Registration Number 11503/July 1981. Our Company comprises over 270 employees located in our Bahrain Head Office and Branch Offices in Cyprus and Labuan, Malaysia. We also have a Representative Office in Morocco, operating under the Casablanca Finance City and a Liaison Office in India.

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month