Economic Capital Modelling Analyst

Overview

In this role you will support the end-to-end economic capital modelling process in Sompo’s Capital Modelling team. You will focus on producing models, preparing data, and delivering output analytics to ensure quality inputs and robust governance. Working with parameterisation, risk, and governance functions, you help keep internal models up to date, well documented, and aligned with business and regulatory expectations. This is a collaborative London-based opportunity to contribute to risk modelling and regulatory readiness at scale.

Pay / Benefits

• Health & Wellness Benefits
• Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance
• Employee Assistance Program
• Tuition Reimbursement & Professional Qualification benefits

Responsibilities

• Prepare and review data for model assumptions (planning, reserves, reinsurance)
• Perform data mapping checks and review updates by team members
• Execute model changes with thorough one-run-to-next analysis
• Conduct output analysis, reasonableness checks, and reconciliation tasks
• Collaborate with parameterisation actuaries to update model parameters
• Provide feedback summaries on parameter changes prior to model runs
• Maintain run logs, limitations logs, and governance documentation
• Support preparation for validation activities, regulatory submissions, and governance committees

Key requirements

• Strong analytical skills with attention to detail
• Familiarity with data validation, sensitivity testing, and simulation concepts
• Proficiency in Excel
• Coding experience in Python, R, VBA, or Julia (advantageous)
• Undergraduate STEM degree (e.g., Mathematics, Statistics, Physics, Engineering, Computer Science, Data Science, Economics) or similar
• Interest in insurance, risk, or capital modelling and willingness to develop expertise

• Attention to detail
• Analytical thinking
• Collaborative mindset
• Excel
• Python
• R

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