Capital Management Analyst

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

Role Purpose

As a key member of the Capital Management team (with an emphasis on data manipulation, collation and analysis), this role will contribute to the delivery of the function’s key objectives:

·       support the completion of actual and projected capital models, including the S&P model, BCAR model and the BSCR (Bermuda Solvency Capital Requirement).

·       consultancy support – to determine the capital implications of new initiatives, and establish proposals to maximise capital efficiency.

·       development of tools and the performance of quantitative analysis – to aid strategic decision-making by the business; and

·       support the Group Chief Corporate Finance Officer in the preparation of presentations for the Board and external stakeholders on business performance, strategy and medium to long term plans.

Our Aspen Values are expected to be reflected in the delivery and performance of every role.

Key Results Areas

Strategy and Planning

·       Contribute to the preparation and implementation of Corporate Finance strategy and plans

·       Assist in the creation of presentations for the Board and external stakeholders on business performance and strategy

·       Assists with the production of ROE (Return on Equity) analysis to help prioritise key growth areas for the business

Policy, Process and Procedures

·       Adhere to modelling and reporting rules and standards as established by the relevant Regulatory bodies and equivalent internal/external stakeholders.

Environmental Awareness/Customer Focus

·       Liaise with stakeholders from relevant teams across company (including capital modelling, reserving, finance and planning) to collate and reconcile the required data.

Technical Performance

·       Build an understanding of how the various factors (e.g. premiums, reserves and investments) influence the available and required capital of these models.

Knowledge

·       Strong technical, quantitative analysis and problem-solving skills coupled with an enthusiasm for accuracy and attention to detail.

·       Technical proficiency with Microsoft Excel (Advanced Level) and PowerPoint is essential – including proven ability to handle data and prepare professional presentations.

Skills

·       Good GCSE and A/AS Level grades, ideally having studied a numerical subject to A Level.

·       Bachelor’s Degree level qualification (or equivalent) in a numeric discipline (e.g. Maths, Finance, Science, Technology, or Engineering).

·       Currently studying or has the desire to study for an Internationally recognized accounting (or equivalent) designation (e.g. CFA or Actuarial qualification pathways).

Experience

·       Previous experience within the (re)insurance industry is strongly desirable.

·       Experience with capital models (e.g. working knowledge of rating-agency/regulatory models or similar stochastic/factor-based platforms), would also be a significant advantage.

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate.  We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.