Actuary (remote)

We are Direct Line Group – home to some of the country's best-known brands including Direct Line, Churchill, Privilege, Greenflag, Farmweb, and NIG. As Britain's leading personal motor insurer, and one of the UK's leading home, travel, rescue, pet, and commercial insurers, we serve millions of customers across the UK Direct Line has a heritage of innovation, redefining the broker-led insurance market by becoming the first UK insurance company to use the telephone to sell insurance directly to customers. Our vision is to create a world where insurance is personal, inclusive and a force for good, and our purpose is to help people carry on with their lives, giving them peace of mind now and in the future. To help us to achieve this vision and purpose, we have recently transformed our operating model to Agile ways of working in important areas of the business, such as our Product, Data, and Tech teams. We are looking for a nearly or newly qualified Capital Actuary to join our finance department You’ll be part of our Capital Modelling team within Finance at DLG, and being one of the UK’s leading insurers, you’ll have the opportunity to work with our business areas and leadership teams on a range of different insurance product and risks.
DLG’s Internal Model is an approved, solvency model fully integrated with the Group's risk management framework, which is widely used across the business to assist with decision-making.
The purpose of this role is to monitor, evaluate, and provide key deliverables in respect of DLG’s capital position and associated exposures, as well as providing support to the development and implementation of strategy for optimisation of capital.
Support the delivery and execution of capital application projects like reinsurance purchase, investment strategy, capital allocation, risk appetite review including strategic M&A opportunities across the group.
Support the internal model’s validation process by carrying out primary validation analyses, help resolve validation issues identified; Develop ad-hoc reporting tools for the internal model to meet increasing business demands. Specific areas of focus include risk appetites, capital allocations and return on capital, reinsurance analyses, risk distributions and business scenario analyses;
You’ll have strong financial and actuarial experience, with a capital modelling background (preferably with hands-on experience in Igloo/Tyche). 
You’ll understand the material risks to which an insurer maybe exposed, with an understanding of a broad range of commonly used capital modelling techniques.
Experience or passion for mentoring junior members of the team on the projects and other activities.
Our mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. Our team currently meets 1-2x per week in our Bromley office, but we'll be moving to London Bridge (near Monument) in August
Read our flexible working approach here .
50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
Additional optional Health and Dental insurance
EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
Generous holidays
Buy as you earn share scheme
Employee discounts and cashback
Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.
We know you're more than a CV, and the things that make you, you, are what bring potential to our business. With well-known brands including Direct Line, Churchill and Green Flag, we’re proud to be one of the UK’s leading general insurers. We’ve been helping people carry on with their lives since the 1980s, giving them the peace of mind to focus on the future. After 40 years of innovation we’re still leading the way, providing evolving products and services that are just what people need. Our business is full of talented individuals, each bringing their own strengths, skills and ideas. And you can help us make that a reality.