Technician - Capital Modeling (Actuarial & Risk Department)

Human Capital House

Bahrain

Ref: OP732-110

Job description / Role

Employment: Full Time

Purpose: 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. 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

- 2 - 3 years of relevant experience within the insurance industry
- Graduate Actuarial Science from UK or US.
- GCC experience will be an added advantage
- Team Player
- Should possess excellent communication skills

About the Company

Human Capital House was set up in the year 2013 with a vision to be a progressive talent acquisition partner for organizations within the local and regional market in the Middle East.

As international markets get ever demanding, corporations globally are presented with the challenges of attracting the right talent. Human capital retention and recruitment remain a critical factor to the success of any company. Strategic decision to recruit the right talent is a key issue to organization as wrong candidate selection can potentially be disastrous to their efficiency.

The critical aspect of choosing the right individual with the apt experience and knowledge becomes more crucial as he/she would need to share the ambitions of the employer, while fitting in to the new culture. Human Capital House has both the experience and expertise to help its clients make the right choice of selection. From understanding client requirements, through identifying and assessing the candidates, our systematic approach strives to ensure successful executive recruitment.

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