Capital Actuary

1 month ago

Moscow East Ayrshire, United Kingdom Direct Line Insurance Group Full time

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. And we've continued to change as the market and customer preferences have evolved.

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 want to be an employer where people with different skills and expertise collaborate to deliver excellent products and services to our customers.

What we're looking for:

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.

What you'll be doing:

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.

You’ll take an active role in all of DLG’s capital modelling processes, including the operation, parameterization, documentation and validation of the Internal Model and you’ll take ownership of certain components of the IM.

What else you’ll do:

Plan and deliver estimates, forecasts and actual positions for the DLG’s core capital measures including developing and maintaining models used for estimation and forecasting, communicating key movements, and presenting to model stakeholders

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; and preparation of the primary validation report;

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;

Maintain internal model documentation in relation to its components and also support the delivery of reports focussing on annual capital KRIs and results presented to the Internal Model Oversight Committee.

These are exciting times as we are rebuilding our internal model in Tyche which offers a great opportunity to develop hands-on experience with Tyche.

You'll need:

You'll be analytically and technically minded; an excellent problem solver who is at ease with working independently.

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.

Ways of Working

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 .

We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:

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

Plus many more

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. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.

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. We work together, to be brilliant for millions of customers every single day.

Join us, in a career that empowers you to be the best you can be – and to be yourself. Your input matters here. So, whatever you do, we’ll encourage you to own it. To spot opportunities, speak out and make things happen. Our vision is for a world where insurance is personal, inclusive and a force for good. And you can help us make that a reality. Because when we work together, we can all achieve great things. Together, we’re one of a kind.

#J-18808-Ljbffr

  • Capital Actuary

    1 month ago

    Moscow, East Ayrshire, United Kingdom Direct Line Insurance Group Full time

    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...

  • Actuary (remote)

    1 month ago

    Moscow, East Ayrshire, United Kingdom Direct Line Insurance Group Full time

    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...

  • Actuary (remote)

    1 month ago

    Moscow, East Ayrshire, United Kingdom Direct Line Insurance Group Full time

    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...

  • Actuary (remote)

    3 weeks ago

    Moscow, East Ayrshire, United Kingdom Direct Line Insurance Group Full time

    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...

  • Actuary (remote)

    3 weeks ago

    Moscow, East Ayrshire, United Kingdom Direct Line Insurance Group Full time

    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...

  • Senior Actuarial Analyst

    1 month ago

    Moscow, East Ayrshire, United Kingdom Direct Line Insurance Group Full time

    Direct Line Group is one of the top tier motor, home and small business insurers in the UK and home to some of the nation's best-known brands: Our mission is to make insurance easier and better value for customers. We have an exciting opportunity to join our Actuarial team as a Principal Analyst , on full-time and permanent basis! You will be part of...

  • Deputy Head of Capital Reporting and Actuary

    13 hours ago

    City of London, South East, United Kingdom Insight Select Full time

    Capital Reporting Actuary FTSE 250 Retirement Business Perm- £150,000 packageConsidering applying for this job Do not delay, scroll down and make your application as soon as possible to avoid missing out.We are currently recruiting for a Capital Reporting Actuary for a FTSE 250 leading retirement business, this role is a deputy to the Head of Capital...

  • Capital Modelling Manager

    2 weeks ago

    East Sheen, Greater London, United Kingdom QBE Management Services (UK) Limited Full time

    Job Title: Capital Modelling ManagerWe have an exciting opportunity for a skilled actuary to join our Capital Modelling team as a Capital Modelling Manager. In this position, you will play a vital role in shaping and optimizing our capital management strategies, ensuring the financial resilience and regulatory compliance of the organization. If you excel in...

  • Actuarial Reserving Analyst

    2 weeks ago

    East Sheen, Greater London, United Kingdom High Finance (UK) Limited TA HFG Full time

    We have partnered with a leading Lloyd's syndicate to find them an end to end Actuarial Reserving Analyst.This role is not limited to but includes :The opportunity to take sole responsibility for a class of businessExposure to all levels of seniority including the head of reserving and chief actuaryLiaising closely with the pricing and capital teamGreat...

  • Mixed Actuarial Analyst Reinsurance

    2 days ago

    East Ham South, United Kingdom High Finance (UK) Limited TA HFG Full time

    We have partnered with a leading Re-insurer to find them a Mixed Actuarial Analyst. This role will focus primarily on pricing but will also provide exposure to reserving and capital. This role is not limited to but includes : A medium sized team, giving the opportunity to get stuck into everything and learn from the best senior actuaries in the...

  • Actuarial Reserving Analyst

    2 days ago

    East Ham South, United Kingdom High Finance (UK) Limited TA HFG Full time

    We have partnered with a leading Lloyd's syndicate to find them an end to end Actuarial Reserving Analyst. This role is not limited to but includes : The opportunity to take sole responsibility for a class of businessExposure to all levels of seniority including the head of reserving and chief actuaryLiaising closely with the pricing and capital teamGreat...

  • Senior Actuary

    2 months ago

    South East England, United Kingdom Canada Life Group (UK) Ltd (The) Full time

    Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom...

  • Reserving Actuary

    2 days ago

    East Ham South, United Kingdom High Finance (UK) Limited TA HFG Full time

    We have partnered with a specialty insurer to find them a reserving actuary to join their team and be a fundamental part in supporting their reserving function. This role includes but is not limited to: Support of and liaising with pricing/underwriting/claims teams on a regular basis.Preparation of reserving information to inform management and support...

  • Actuarial Finance Business Partner

    1 month ago

    Brighton, East Sussex, United Kingdom Legal & General Group Full time

    Company Description Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can...

  • Actuarial Finance Business Partner

    4 weeks ago

    Brighton, East Sussex, United Kingdom Legal & General Group Full time

    Company Description Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can...

  • Actuarial Finance Business Partner

    4 weeks ago

    Brighton, East Sussex, United Kingdom Legal & General Group Full time

    Company Description Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can...

  • Actuarial Finance Business Partner

    1 month ago

    Brighton, East Sussex, United Kingdom Legal & General Group Full time

    Company Description Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can...

  • Finance Business Partner

    1 month ago

    Brighton, East Sussex, United Kingdom Legal & General Group Full time

    Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We're helping companies settle their pension liabilities so they can focus on growing their businesses,...

  • Finance Business Partner

    4 weeks ago

    Brighton, East Sussex, United Kingdom Legal & General Group Full time

    Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We're helping companies settle their pension liabilities so they can focus on growing their businesses,...

  • Finance Business Partner

    4 weeks ago

    Brighton, East Sussex, United Kingdom Legal & General Group Full time

    Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We're helping companies settle their pension liabilities so they can focus on growing their businesses,...