Economic Capital Modelling Analyst at Sompo International | GB | Rezi

Economic Capital Modelling Analyst at Sompo International

Economic Capital Modelling Analyst

Sompo International · GB

Today

Economic Capital Modelling Analyst

Sompo International · GB

9 hours ago
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About the Role

Sompo has a unique opportunity for an Economic Capital Modelling Analyst in our Capital Modelling team. The Capital Modelling Analyst will support the end-to-end capital modelling process, with a primary focus on model production, data preparation, and output analytics. The role works closely with the Model Parameterisation, and Risk functions to ensure high quality inputs, robust analytics, and strong model governance. The analyst will contribute to ongoing model enhancements and help ensure the internal model remains up to date, well documented, and aligned with business and regulatory expectations.

Responsibilities

  • Prepare, collect, and review business data required for model assumptions.
  • Perform internal checks on data mapping processes and review updates.
  • Perform model changes, ensuring detailed analysis checks from one run to the next.
  • Perform output analysis, including reasonableness checks, reconciliation tasks, and analysis of change.
  • Work with parameterisation actuaries to update model parameters for specific classes of business.
  • Analyse parameter changes prior to model runs and prepare clear feedback summaries.
  • Maintain and update the model’s Run Log, Limitations Log, Expert Judgement Log, and other governance items.
  • Support the upkeep of model policies, and documentation required for internal and external review.
  • Assist with preparation for validation activities, regulatory submissions, and internal governance committees.

Requirements

  • Strong analytical skills with excellent attention to detail.
  • Familiar with data validation, sensitivity testing, simulation modelling concepts.
  • Interest in insurance, risk, or capital modelling, with a willingness to develop expertise in these areas.

Skills

  • Proficiency in Excel
  • Experience with coding (Python, R, VBA, Julia) is advantageous
  • Undergraduate degree in a STEM discipline (e.g., Mathematics, Statistics, Physics, Engineering, Computer Science, Data Science, Economics, or similar)

Location

  • London

Work Type

  • Onsite

Education Level

  • Undergraduate degree in a STEM discipline

Benefits

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

About the Company

  • At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.

Equal Opportunity

  • Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.