This role is responsible for supporting the modeling and analysis of insurance and natural disaster risks related to regulatory changes expected to be implemented by 2026. The primary focus will be on model updates, stress testing, and output analysis for the local business. The role requires collaboration with other team members to ensure accurate risk measurement and model performance under the new regulatory framework.
Key Responsibilities
- Support the implementation of ESR regulations starting in 2026, including preparing for field tests with the Financial Services Agency (FSA).
- Perform analysis using internal models for risk measurement.
- Conduct stress tests on specific risk areas (insurance, natural disasters, market) and prepare relevant reports.
- Collaborate closely with SQL database engineers to automate the output of internal models.
- Perform insurance actuarial and quantitative analysis to validate model outputs and prepare reports.
- Maintain documentation of internal models and ensure they are updated as necessary.
- Prepare presentation materials for board meetings and other relevant stakeholders.
- Assist with creating sections of the ORSA (Own Risk and Solvency Assessment) report for submission to the FSA.
- Foster dynamic collaboration with global ERM teams across the organization.
Key Relationships
Internal:
- Reinsurance, Accounting, Actuarial, Product Management, Finance, and other internal departments.
External:
- External auditors and other regulatory bodies as needed.