Tatenda Chitakasha
London
Summary
Actuarial Analyst with strong experience in capital modelling, including Standard Formula Solvency Capital Requirement (SCR), and Economic Capital Model (ECM) internal model development within the insurance sector.
Demonstrates a robust understanding of risk assessment, financial modelling, and regulatory frameworks, with hands-on expertise across Psicle, Tyche, Igloo and ReMetrica modelling platforms.
Proven ability to translate complex modelling outputs into meaningful business insights and support strategic decision-making.
Overview
5
5
years of professional experience
Work History
Actuarial Analyst
Bupa
09.2024 - Current
- Supported transition of the Economic Capital Model from Group to the BUPA UK entity capital models to in-market teams, improving business adoption
- Supported the transition of the Standard Formula from Group to BUPA BGIUK capital models using Psicle as the modelling tool
- Delivered quarterly SCR calculations with accuracy and compliance for BGDAC and BINS entities, under PRA and EIOPA SII rules, including end to end validation and preparation, model runs, results validation and presenting of results to senior stakeholders (including Head of Actuarial Function and Chief Actuary).
- Built and maintained models in Psicle and ReMetrica, including UAT for Group and risk calibration updates for the ECM.
- Collaborated across actuarial, treasury, and tax functions each quarter leading discussions around LADT SCR, finalizing the Economic Balance Sheet used for the SCR calculations each quarter.
- Supported with the risk calibration of the Economic Capital Model in ReMetrica including model runs, validation and documentation
- Supported in the annual Catrostrophe Risk update to set the CAT exposures for the year
- Assisted in year-end reporting processes, effectively addressing audit queries and liaising with PwC auditors
Internal Model Development Actuarial Analyst
MS Amlin
02.2022 - 09.2024
- Developed and enhanced internal capital models across entities including model calibration working closely with senior actuaries.
- Led the design and implementation of Igloo-based modelling solutions, driving efficiency and robustness in quarterly CAT and ESG update processes.
- Supported the development of IMAP documentation, focusing on dependency calibration and validation methodologies in Tyche.
- Led the review and challenge of expert judgement within ORSA runs, strengthening model governance, enhancing documentation quality, and ensuring alignment with internal model and regulatory expectations.
Claims Operations Analyst
AXIS Capital
10.2021 - 12.2021
- Analysed complex claims datasets to identify emerging trends and deliver actionable insights supporting underwriting, reserving, and strategic decision-making.
- Led aspects of regulatory and management reporting, ensuring high-quality, timely delivery of claims data to inform business performance and compliance.
- Conducted detailed root cause analysis using Lloyd’s systems, identifying key drivers of claims experience and recommending data-driven process improvements.
- Contributed to governance and risk oversight by producing reporting on claims performance, supporting effective monitoring of key risk and control metrics.
Education
BSc - Actuarial Science
University of Essex
A Levels - Mathematics, Geography, Media Studies
Rochester Independent College
Skills
- Psicle
- Igloo
- Tyche
- ReMetrica
- SQL
- R
- SAS
- Advanced Excel
- PowerPoint
- PowerBI
- Capital modelling
- SCR calculations
- Internal model development
- Risk analysis
- Financial projections
Custom
- Fitness and gym training
- Cooking and nutrition
- Travel and cultural exploration
- Hiking and Pilates
Personal Information
Citizenship: British
Timeline
Actuarial Analyst
Bupa
09.2024 - Current
Internal Model Development Actuarial Analyst
MS Amlin
02.2022 - 09.2024
Claims Operations Analyst
AXIS Capital
10.2021 - 12.2021
BSc - Actuarial Science
University of Essex
A Levels - Mathematics, Geography, Media Studies
Rochester Independent College