Capital modeling

Job Description Capital Modeling Analyst / Consultant

Role: Capital Modeling Analyst / Consultant

Domain: Actuarial / Risk Analytics / Insurance Capital Modeling

Experience: As per requirement

Location: Gurgaon / Bangalore

Job Summary

We are looking for a Capital Modeling professional with experience in insurance risk analytics, actuarial risk assessment, and capital modeling frameworks. The role involves developing, maintaining, and analyzing capital models, supporting risk quantification activities, and delivering analytical insights using tools such as Igloo and R.

Key Responsibilities

• Develop, enhance, and maintain capital models for insurance risk assessment.
• Perform analysis across reserve risk, credit risk, catastrophe risk, and underwriting risk.
• Support Economic Capital and Regulatory Capital calculations and risk quantification.
• Build, test, and validate models using Igloo capital modeling software.
• Perform data analysis, automation, and reporting using R programming.
• Conduct model testing, validation, sensitivity analysis, and scenario analysis.
• Collaborate with actuarial, risk, and business teams on risk analytics projects.
• Prepare documentation covering model assumptions, methodology, validation results, and outcomes.
• Support internal and client-facing capital modeling and risk consulting engagements.

Required Skills

• Strong understanding of capital modeling concepts.
• Experience in:
• Reserve Risk
• Credit Risk
• Catastrophe Risk
• Insurance Risk Modeling
• Economic Capital / Regulatory Capital
• Hands-on experience with Igloo preferred.
• Proficiency in R programming for analytics and modeling.
• Knowledge of actuarial concepts, insurance products, and risk frameworks.
• Strong analytical and problem-solving skills.

Preferred Qualifications

• Bachelors/Masters degree in Actuarial Science, Statistics, Mathematics, Economics, or related fields.
• Actuarial exam progress (IFoA/IAI) preferred.
• Experience in insurance consulting, reinsurance, or risk analytics domains.