Capital Modelling Actuary

Codan is one of Scandinavia’s biggest insurers. We offer a broad portfolio of insurance products and solutions to private customers and to commercial customers. We are around 3,200 employees in Scandinavia and around 1,300 employees in Denmark. Codan is part of RSA Group, which is one of the world’s leading multinational insurance groups. Read more about Codan on Follow us on Facebook: and LinkedIn:

Hovedstaden - Capital Region, København - Capital City
Økonomi og regnskab, Insurance
Antal Ledige stillinger: 
We are looking for a technically skilled individual with an open mind to join the Scandinavian Capital Modelling team in Codan/Trygg-Hansa.

The Capital Modelling team runs and develops a full stochastic model used to calculate the solvency capital requirement for the legal entity as well as supporting the business.

We strive to deliver best in class results and clear communication both internally and externally while maintaining an informal work environment. Process improvements have a strong focus and we are always looking for ways to optimise business as usual – not necessarily confined to Capital Modelling but in all of Actuarial.

The job

There are no individual tasks in the team. We rotate and collaborate so that anybody can take on any task. The tasks include:
•Quarterly calculation and analysis of the Solvency Capital Requirement
•Yearly statistical recalibration of the model
•Projects to improve processes or model functionality
•Business support e.g. reinsurance/investment decisions
•Standard formula calculations
•Support our peers in RSA Group with analysis and know how

We offer

•A workday in a relaxed yet ambitious international environment
•6 professionally strong, fun and young colleagues
•Practically endless opportunities of technical/analytical development
•Compensation in line with qualifications


•You are a top of the class actuary, mathematical economist, statistician, mathematician or similar
•You are outspoken and a strong communicator – also in written and spoken English
•You drive the tasks you take on and inspire others to follow you
•Programming does not scare you
•Ideally you have experience from the insurance industry
•Above all, you are motivated by learning and acquiring new skills

We expect you to be a team player who values quality work and who drives development of yourself and others by always challenging existing processes and methodologies. You have the skills to work with many stakeholders at once, always maintaining focus on the task at hand.


Codan works with Experis in this process. If you have any questions regarding the position, please contact Recruitment Consultant Eva Nestler +45 2778 0165. Send your application including CV and exam papers before 19th of July 2017.

Apply by clicking this link: