Senior Actuarial Analyst

1 month ago


London, Greater London, United Kingdom Lloyd Full time
Senior Actuary, Capital Modelling, Syndicate Capital

Lloyd's is a leading insurance and reinsurance marketplace, bringing together the collective intelligence and risk-sharing expertise of the industry's brightest minds. Our role is to inspire courage, enabling tomorrow's progress to be limited by today's risks.

We are recruiting for a Senior Actuary, Capital Modelling, Syndicate Capital on a 12-month FTC. In this role, you will manage projects, working with experienced stakeholders and reviewing the work of junior analysts.

Key Responsibilities
  1. Manage the annual update of the LIM to produce the Lloyd's capital requirement on multiple bases, including a one-year and ultimate time horizon, sensitivities, and incremental changes for bridging analyses.
  2. Review and challenge LIM results, providing analysis of change between updates for specific areas, and support the LIM validation process.
  3. Manage and promote LIM uses in the wider Lloyd's business, including monitoring risk appetites, and investigate differences between Lloyd's view of syndicates and syndicates' own view.
  4. Perform ad-hoc analyses, including specification and testing of proposed model changes.

Investigations Relating to Modelling of Member Capital

  1. Manage the annual update of the LIM to produce syndicate and member capital requirements on multiple bases, including a one-year and ultimate time horizon, with incremental changes for bridging analyses.
  2. This covers all key risk areas, including insurance risk, market risk, credit risk, operational risk, and Lloyd's specific central risks.
  3. Manage analysis to support challenge to model output across central model components, including CCK, LCM, and LIRM.
  4. Manage analysis to support challenge to the risk-based approach and nature of review of syndicate capital reviews.
  5. Provide significant input to first-line validation testing on model appropriateness and completeness.

Ensure Ongoing Compliance with Solvency II

  1. Discuss Lloyd's responses to PRA questions and issues.
  2. Produce additional analysis to support Lloyd's responses, as required, and manage governance around model change.
  3. Support timely completion of regulatory returns.

Documentation

  1. Manage the regular update of the documentation of the LIM to ensure it remains fit for purpose, useful, and complies with regulatory requirements.
  2. Support the coordination and delivery of the documentation package during a major model change application.

Relationship and Stakeholder Management

  1. Coordinate between stakeholders across capital, including the Lloyd's capital team, Lloyd's treasury team, and Lloyd's exposure management team.
  2. Assist Heads of Capital, Treasury, and Exposure Management in areas related to delivery of model developments and PRA interaction.
  3. Coordinate between Risk Management and other parts of the Corporation.
  4. Notify and specify requirements arising from developments to the data team and IT.
Requirements
  1. Experience in non-life insurance work, preferably with some exposure across a range of work areas and significant capital modelling experience.
  2. Experience in leading project work to completion.
  3. Advanced knowledge of actuarial techniques involved in non-life insurance capital work, including the requirements of Solvency II.
  4. Knowledge of various IT tools, including Excel, Access, and Word.

Lloyd's is committed to building a diverse, inclusive environment that reflects the global markets we work in. We offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring, and volunteering opportunities, as well as investment in your professional development.

We understand the importance of work-life balance and offer a hybrid of working from the office and home, providing flexibility and a range of benefits, including a generous pension, healthcare, wellbeing, and financial support for training, education, and development.

By joining Lloyd's, you'll be part of a team that brings together the best minds in the industry, creating innovative, responsive solutions to share risk and solve complex problems.



  • London, Greater London, United Kingdom Robert Walters Full time

    Senior Actuarial Analyst RoleRobert Walters is seeking a highly skilled Senior Actuarial Analyst to join their dynamic team in London. As a Senior Actuarial Analyst, you will play a crucial role in shaping Aspen's actuarial strategy and contributing to the tactical actuarial plan.Key Responsibilities:Deliver key actuarial projects in line with the actuarial...


  • London, Greater London, United Kingdom LegalAndGeneral Full time

    Senior Actuarial Analyst OpportunityWe are seeking a highly skilled Senior Actuarial Analyst to join our team at Legal & General. As a key member of our actuarial team, you will be responsible for supervising Actuarial Analysts in providing bulk annuity and longevity quotes to pension schemes.Key Responsibilities:Supervising Actuarial Analysts in providing...


  • London, Greater London, United Kingdom Robert Walters Full time

    Senior Actuarial AnalystRobert Walters is seeking a highly skilled Senior Actuarial Analyst to join their dynamic team in London. As a key member of the actuarial team, you will play a crucial role in shaping Aspen's actuarial strategy and contributing to the tactical actuarial plan.Key Responsibilities:Contribute to the development and implementation of...


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

    Actuarial / Senior Analyst OpportunityThe Emerald Group is seeking a highly skilled Actuarial / Senior Analyst to join our Retirement team. As a key member of our team, you will be responsible for supporting technical pricing by analyzing the Retirement market, analyzing large amounts of data, and developing pricing strategies.Key Responsibilities:Support...


  • London, Greater London, United Kingdom Irish Life Full time

    Job Title: Senior Actuarial AnalystCanada Life UK is seeking an experienced Senior Actuarial Analyst to join our team. As a key member of our actuarial function, you will be responsible for leading actuarial, statistical, and financial insight and analysis to senior management, overseeing analysis and insight produced by other actuaries, and leading small to...


  • London, Greater London, United Kingdom Irish Life Full time

    Job Title: Senior Actuarial AnalystCanada Life UK is seeking an experienced Senior Actuarial Analyst to join our team. As a key member of our actuarial function, you will be responsible for leading actuarial, statistical, and financial insight and analysis to senior management, overseeing analysis and insight produced by other actuaries, and leading small to...


  • London, Greater London, United Kingdom Sellick Partnership Full time

    Technical Actuarial RoleSellick Partnership is working with an award-winning Consultancy to recruit an Actuarial Analyst and a Senior Actuarial Analyst for their Technical team.As a member of this growing Technical team, you would focus on carrying out calculations and data processing across a variety of workstreams, including Risk Transfer, GMP, and...


  • London, Greater London, United Kingdom LegalAndGeneral Full time

    About the RoleWe are seeking a highly skilled Senior Actuarial Analyst to join our team at Legal & General. As a key member of our actuarial team, you will be responsible for supervising actuarial analysts in providing bulk annuity and longevity quotes to pension schemes.Key ResponsibilitiesSupervising actuarial analysts in providing quotes to pension...


  • London, Greater London, United Kingdom Irish Life Group Services Limited Full time

    Job Title: Senior Actuarial AnalystWe are seeking an experienced Senior Actuarial Analyst to join our team at Canada Life UK. As a key member of our actuarial function, you will be responsible for leading actuarial, statistical, and financial insight and analysis to senior management, overseeing analysis and insight produced by other actuaries, and leading...


  • London, Greater London, United Kingdom Irish Life Group Services Limited Full time

    Job Title: Senior Actuarial AnalystWe are seeking an experienced Senior Actuarial Analyst to join our team at Canada Life UK. As a key member of our actuarial function, you will be responsible for leading actuarial, statistical, and financial insight and analysis to senior management, overseeing analysis and insight produced by other actuaries, and leading...


  • London, Greater London, United Kingdom Crossell Full time

    About the RoleAs a highly skilled Actuarial / Senior Analyst, you will play a key role in the development and implementation of our life and health insurance products. With a strong background in actuarial science and a proven track record of success, you will be responsible for assessing and managing referred quotations, reviewing general underwriting...


  • London, Greater London, United Kingdom LegalAndGeneral Full time

    About the RoleWe are seeking a highly skilled Senior Actuarial Analyst to join our team at Legal & General. As a key member of our actuarial team, you will be responsible for supervising actuarial analysts in providing bulk annuity and longevity quotes to pension schemes.Key ResponsibilitiesSupervising actuarial analysts in providing quotes to pension...


  • London, Greater London, United Kingdom BWD Search Full time

    Senior Actuarial Analyst RoleWe are seeking an experienced actuarial analyst to join our team at BWD Search. The ideal candidate will have a strong background in actuarial analysis and reporting, with a focus on delivering high-quality results in a fast-paced environment.Key Responsibilities:Provide actuarial analysis and support to teams across the Group...


  • London, Greater London, United Kingdom Irish Life Full time

    Job Title: Senior Actuarial AnalystCanada Life UK is seeking a highly skilled and experienced Senior Actuarial Analyst to join our team. As a key member of our actuarial function, you will be responsible for leading actuarial, statistical, and financial insight and analysis to senior management.Key Responsibilities:Provide accurate modelling, financial...


  • London, Greater London, United Kingdom Aspen Group Full time

    Senior Actuarial Analyst - Insurance PricingAspen Group is seeking a highly skilled Senior Actuarial Analyst to join our team. The successful candidate will be responsible for delivering high-quality actuarial services, collaborating with peers to develop solutions to complex technical challenges, and contributing to the tactical Actuarial plan.Key...


  • London, Greater London, United Kingdom https:jobs-redefined.cositemap Full time

    About the RoleWe are seeking a highly skilled Senior Actuarial Analyst to join our team in London. As a key member of our Institutional Retirement division, you will play a critical role in providing pension risk transfer solutions for UK and US defined benefit schemes.Key ResponsibilitiesSupervise Actuarial Analysts in providing bulk annuity and longevity...


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

    Seeking a Senior Actuarial Analyst to join The Emerald Group in London, reporting to the Reserving Manager and with a dotted line to the Reporting Manager.Location: LondonCategory: ActuarialType: PermanentKey Responsibilities:Lead elements of the Lloyd's reporting processes, including Solvency II (QSR, ASR, TPD, US Trust Funds, etc.)Contribute to the...


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

    Actuarial Modelling and Data Analysis RoleThe Emerald Group is seeking an experienced Actuarial Modelling and Data Analysis professional to join our team. As a key member of our actuarial team, you will be responsible for delivering high-quality actuarial modelling and data analysis services to support our business units.Key Responsibilities:Contribute to...


  • London, Greater London, United Kingdom HFG Insurance Recruitment Full time

    Job Title: Actuarial Senior Capital Modelling AnalystWe are seeking a highly skilled Actuarial Senior Capital Modelling Analyst to join our team at HFG Insurance Recruitment. The successful candidate will work closely with underwriters, risk and finance teams to ensure accuracy and consistency of data.Key Responsibilities:* Collaborate with underwriters,...


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

    Actuarial / Senior AnalystAs a key member of our team at The Emerald Group, you will be involved in a variety of client assignments, including external and internal audits, reserve reviews, Solvency II actuarial reporting, IFRS 17 transition assessments, capital calculations, and merger and acquisition due diligence analysis.Key Responsibilities:Work as part...