This makes the time between arrivals, and the time to complete a job both exponential distributions. It also makes the number of arrivals while a job is being worked on into a Poisson distribution.
For a computer simulation you can simplify this even further by forgetting about time and focusing on events. If the worker is busy, the next event is either a new arrival or a job completion with a probability based on the rates.
It's tempting to model work time with an exponential distribution too, and there's a lot of theory for this case. Unfortunately, exponential distribution has a mode = 0, so it's not a good choice for real life process times. It's more common to see distributions like lognormal, gamma, Weibull, loglogistic, beta, or others with a mode > 0.
Edit: same qualitative result (substantially sublinear). Didn’t try to fit it to a distribution.