Senior Capital Actuary

6 months ago

London, United Kingdom Starr Companies Full time

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world._
- Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents._

Role Purpose:
Support the Head of Capital Modelling, Chief Actuary, wider Actuarial team, Risk team and Senior Management through capital modelling. Take the lead day-to-day role in developing and embedding the Internal Model(s) used for capital setting for the European Starr entities.

Roles and Responsibilities:

- Developing and enhance capital modelling capabilities for the Lloyd’s syndicate, SIEL and SEIL, which may involve enhancing parts of existing models for entities, and building/consolidating reports from the models for various uses.
- Preparing Solvency Capital Requirement (SCR) submissions for Lloyd’s (the Lloyd’s Capital Return) for the syndicate, and supporting other entity model development as required. Communicating results and providing analysis of change to the Head of Capital and Chief Actuary.
- Supporting annual and ad-hoc parameterisation of capital models. This will involve investigating new methods and seeking new data sources to continually improve the process.
- Preparing capital metrics and output to aid business planning and management decision making. Communicating these to underwriters to ensure their understanding of key results.
- Line manage one Capital Analyst.
- Supporting the Risk team with validation testing.
- Providing reporting and present results to the Internal Model Committee as required.
- Supporting maintenance of adequate levels of documentation in relation to the Internal Model, in-line with Solvency II requirements.
- Development work to improve efficiency of and reporting from models and ad hoc group reporting.
- Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately.
- Operate within the Company’s standards for Treating Customers Fairly.
- Manage any potential conflicts of interest to avoid disrepute to the company’s integrity.
- Advise Compliance of any complaints immediately.

**Experience**:

- Strong relevant/technical experience.
- Reserving principles.
- Lloyd’s capital setting processes.
- Solvency II principles, EU directives in relation to Solvency II and capital adequacy.
- Reinsurance practices.
- Prudential Regulatory Authority regulatory framework.

**Skills**:

- RPC Tyche software experience (will consider experience with other capital modelling tools).
- Statutory Reporting Tools.
- MS Office - Excel, Access, Word, PowerPoint and Outlook.
- Visual Basic (VBA) and similar languages.

Qualifications:

- Qualified / Nearly qualified with Institute & Faculty of Actuaries or equivalent

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

  • Senior Capital Actuary Specialist

    3 weeks ago

    London, Greater London, United Kingdom The Emerald Group Full time

    About the RoleWe are seeking a skilled Senior Capital Actuary to join our team at The Emerald Group. In this exciting opportunity, you will be responsible for developing and enhancing capital modelling capabilities for our Lloyd's syndicate.As a Senior Capital Actuary, you will play a key role in preparing Solvency Capital Requirement (SCR) submissions for...

  • Senior Capital Actuary

    5 months ago

    London, United Kingdom Oliver James Associates Full time

    I am working closely with a growing insurer to secure a senior actuary for their Capital Modelling team. This prominent and varied Capital opportunity provides the opportunity to step into a key technical role at a exciting time for the business. I'm looking for an investigative individual with strong communication skills who enjoys facing off with the...

  • Senior Reserving and Capital Actuary

    3 weeks ago

    London, Greater London, United Kingdom Eames Consulting Full time

    About the RoleWe are seeking an experienced Senior Reserving and Capital Actuary to join our team. As a key member of the actuarial function, you will play a crucial role in supporting all aspects of the business, including quarterly reserving, solvency II TPs, developing the internal model, risk parameterisation, and ad-hoc pricing work.Company...

  • Senior Capital Actuary Insurance

    3 weeks ago

    london (city of london), United Kingdom James Joseph Associates Limited Full time

    A well-established and growing Lloyd's Syndicate Insurance firm is looking for a Capital Modelling Actuary. In this role, you will lead a team responsible for managing and operating the capital model, ensuring it complies with both regulatory and internal stakeholder needs. You will also work closely with the Head of Capital to support the Board and senior...

  • Capital Actuary

    1 week ago

    London, Greater London, United Kingdom NHBC Full time

    Job Title: Capital ActuaryAt NHBC, we're seeking a talented Capital Actuary to join our innovative Capital team. As a key member of our team, you'll drive the business' integration of our Economic Capital Model, delivering real value and insights to business decisions and future strategy.What You'll Do:Enhance our team's capital modelling and analysis...

  • Capital Actuary

    1 month ago

    London, Greater London, United Kingdom The Emerald Group Full time

    The Emerald Group is seeking a highly skilled Capital Actuary to join their Group Actuarial team in a key role that will provide significant exposure to senior leadership teams.Key Responsibilities:Develop and maintain the Economic Capital Model for the Group and Insurance entity, with a focus on methodology, risk calibration, dependency/aggregation,...

  • Senior Actuary Capital Model

    3 months ago

    London, United Kingdom JJA - James Joseph Associates Full time

      The role requires actuarial expertise equivalent to that of a UK FIA-qualified actuary, along with strong IT skills. Proficiency in WTW Igloo is essential, as the model is built on this platform, and coding skills in Excel VBA and R are advantageous. A solid understanding of General Insurance is required. Familiarity with regulatory frameworks, including...

  • Senior Actuary Capital Model

    3 months ago

    London, United Kingdom James Joseph Associates Limited Full time

    A well-established and growing Lloyd's Syndicate Insurance firm is looking for a Capital Modelling Actuary. In this role, you will lead a team responsible for managing and operating the capital model, ensuring it complies with both regulatory and internal stakeholder needs. You will also work closely with the Head of Capital to support the Board and senior...

  • Capital Modelling Actuarial Analyst

    3 days ago

    London, UK, United Kingdom Bupa Full time

    Our Actuarial teams play a key role in helping us deliver on our strategy. Whether your focus is pricing, reserving, modelling or another area we believe in allowing our colleagues to work in a way that suits them. Giving them the time and freedom to keep our customers at the heart of every decision.We dont have shareholders at Bupa, which means were free to...

  • Reserving & Capital Actuary

    6 months ago

    London, United Kingdom Saga Full time

    Job Introduction **Reserving & Capital Actuary** **Salary £85,000 to £95,000 DOE** **Permanent** **FT - 35 hours per week** **Hybrid - Home and London Hub** Our new Reserving & Capital Actuary within AICL (our in-house underwriter), will be responsible for assessing and reporting on the valuation of insurance liabilities under IFRS and Solvency II...

  • Senior Actuarial Professional

    1 week ago

    London, Greater London, United Kingdom The Emerald Group Full time

    At The Emerald Group, we are seeking a Senior Actuarial Professional to support our Head of Capital Modelling in delivering high-quality capital modelling capabilities for our Lloyd's syndicate. This role will involve developing and enhancing our capital modelling tools, preparing Solvency Capital Requirement (SCR) submissions, and providing analysis to...

  • Capital Modelling Actuarial Specialist

    3 weeks ago

    London, Greater London, United Kingdom Bupa Full time

    About the role:We are seeking a skilled Capital Modelling Actuarial Analyst to join our Group Actuarial team. As an experienced actuary, you will gain a deeper understanding of the wider aspects of health insurance and provision business beyond the UK.Key responsibilities include:Supporting the Senior Capital Actuary to deliver key Group Finance & Governance...

  • Senior Capital Actuary Insurance

    11 hours ago

    London, United Kingdom James Joseph Associates Limited Full time

    A well-established and growing Lloyd's Syndicate Insurance firm is looking for a Capital Modelling Actuary. In this role, you will lead a team responsible for managing and operating the capital model, ensuring it complies with both regulatory and internal stakeholder needs. You will also work closely with the Head of Capital to support the Board and senior...

  • Senior Capital Actuary

    1 week ago

    London, Greater London, United Kingdom Eames Consulting Full time

    New role - FTC 12 months, Senior Capital Actuary.We are seeking a highly skilled candidate who would be immediately available for a maternity cover contract with Lloyd's insurer. The ideal candidate will have a strong background in actuarial science and experience in senior capital management.Bonus points for Tyche Modelling experience.The successful...

  • (Senior) Retirement Actuarial Consultant

    4 months ago

    London, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for Retirement Consulting Actuaries on behalf of a multi-national consulting and broking business that works with some of the largest companies in the UK. Our client is seeking talented and ambitious pensions actuaries from nearly/newly qualified level through to Scheme Actuary level. This could be someone who is either working...

  • (Senior) Retirement Actuarial Consultant

    3 months ago

    London, United Kingdom The Actuary Group Full time

    TAG is actively recruiting for Retirement Consulting Actuaries on behalf of a multi-national consulting and broking business that works with some of the largest companies in the UK. Our client is seeking talented and ambitious pensions actuaries from nearly/newly qualified level through to Scheme Actuary level. This could be someone who is either working...

  • Senior Capital Modelling Actuarial Specialist

    2 weeks ago

    Central London, United Kingdom Bupa Full time

    Job Description: We are seeking a seasoned Capital Modelling Actuarial Analyst to join our Group Actuarial team at Bupa, a leading health insurer and provider. Role Overview: As an experienced actuarial analyst, you will play a key role in delivering key Group Finance & Governance outcomes, including the implementation of efficient, consistent, and compliant...

  • Senior Actuary, Capital Modelling Expert

    4 weeks ago

    London, Greater London, United Kingdom Lloyd's Full time

    Capital Modelling Actuary RoleLloyd's is a leading insurance and reinsurance marketplace, where risk sharing expertise and collective intelligence drive innovation. We're seeking a Senior Actuary to lead our Capital Modelling team and promote the use of the Lloyd's Integrated Model (LIM) across the business.Modelling Lloyd's Capital: Manage the annual update...

  • Reserving & Capital Actuary

    4 weeks ago

    London, United Kingdom Eames Consulting Full time

    Reserving & Capital Actuary Are you looking for a new challenge, offering exposure to both reserving and capital modelling? This is a unique chance to move into a mixed role within a P&I mutual, liaising closely with the business and setting actuarial strategy. You'll support all aspects of the actuarial function, including quarterly reserving, solvency...

  • Senior Actuary Capital Model

    3 months ago

    City of London, United Kingdom James Joseph Associates Limited Full time

    A well-established and growing Lloyd's Syndicate Insurance firm is looking for a Capital Modelling Actuary. In this role, you will lead a team responsible for managing and operating the capital model, ensuring it complies with both regulatory and internal stakeholder needs. You will also work closely with the Head of Capital to support the Board and senior...