Senior Actuary (Capital Oversight)
Posted 1 day 11 hours ago by CO1001 Corporation of Lloyds
Lloyd's is the world's leading insurance and reinsurance marketplace, bringing together the world's leading risk takers to advance global progress. Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd's market - while continuing to build a Lloyd's we are proud of. How we deliver this matters. We take the risk, make things happen, and own the outcome - working together across our global network to turn insight into impact.
Key Responsibilities- Independently review syndicate level capital, including capital across premium, reserve, market, credit and operational risks.
- Assess diversification, dependencies and key movements against benchmarks.
- Challenge assumptions and validation evidence.
- Assess compliance with the Capital Principle.
- Lead annual capital reviews, major model changes, deep dives, governance reviews, IMAPs and new market entrant assessments.
- Contribute to thematic reviews and market/regulatory communications.
- Serve as key point of contact for managing agents and their actuarial teams.
- Present clear, evidence based conclusions to the Actuarial Oversight Review Group (AORG) and respond confidently to challenge.
- Lead and coach junior colleagues, provide technical guidance, and take ownership of projects from start to finish.
- Support the Head of Capital Oversight in shaping the team's direction and building capability; may have line management responsibility.
- Significant experience in non life insurance and capital modelling.
- Strong knowledge of actuarial techniques and capital regulation.
- Experience delivering and communicating complex analysis.
- Confidence leading work and supporting others.
- Strong stakeholder and project management skills.
- Familiarity with tools such as Excel and SharePoint.
- Qualified actuary with capital experience.
Being inclusive at Lloyd's is integral to how we work - and how we deliver impact. We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential. We challenge traditional thinking and are proactive about inclusion, prioritising health and wellbeing and investing in diversity and inclusion training so everyone feels able to contribute and succeed. We create an environment where inclusion is experienced day to day through employee networks, mentoring, volunteering opportunities and sustained investment in professional development.