Senior Capital Actuary

2 days ago


Cardiff, Cardiff, United Kingdom Admiral Insurance Plc Full time
Job Title: Senior Capital Actuary

At Admiral Insurance Plc, we are seeking a highly skilled Senior Capital Actuary to join our team. As a key member of our actuarial department, you will play a crucial role in the coordination and provision of regulatory and economic capital requirements to support our business.

Main Responsibilities:
  • Contribute to the production of regulatory requirements to support reporting requirements, including the internal view of economic capital.
  • Engage with key stakeholders on internal model-related matters as and when required.
  • Support the development of the Internal Model in line with the Admiral Model Change Policy.
  • Assist in the ongoing development of the Calculation Kernel and parameterization processes.
  • Ensure ongoing compliance of the Calculation Kernel with relevant regulatory standards.
  • Assess and escalate limitations in capital modeling methodologies, processes, and results.
Key Skills and Qualifications:
  • Good leadership qualities and ability to work in a team.
  • Strong communication skills to liaise with staff at all levels.
  • Ability to explain technical concepts simply.
  • Hard working, committed, and able to work effectively under pressure.
  • Flexible and adaptable to change.
  • Effective time management and ability to prioritize work.
  • Good working knowledge of financial modeling platforms Igloo.
  • Good working knowledge of Solvency II/UK requirements for internal model firms.
  • Understanding of stochastic modeling concepts and evidence of relevant capital modeling experience.
  • At least years of capital modeling experience in the personal lines insurance sector.
Salary, Benefits, and Work-Life Balance:

We offer a competitive salary and benefits package, including days holiday and the option to buy or sell up to five days of annual leave. We also offer flexible working hours and a great work-life balance.



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