Senior Actuary, Capital Modelling Specialist

4 weeks ago


London, Greater London, United Kingdom Lloyd Full time
Capital Modelling Actuary Job Description

Lloyd's is seeking a highly skilled Capital Modelling Actuary to join their team. As a Senior Actuary, you will be responsible for managing projects, working with stakeholders, and reviewing the work of junior analysts.

Key Responsibilities:
  • Manage projects related to capital modelling, including the annual update of the LIM to produce the Lloyd's capital requirement.
  • Review and challenge LIM results, providing analysis of change between updates for specific areas.
  • Support the LIM validation process and promote LIM uses in the wider Lloyd's business.
  • Investigate differences between Lloyd's view of syndicates and syndicates' own view.
  • Perform ad hoc analyses, such as in the wake of major loss events.
  • Specification and testing of proposed model changes.
  • Investigations relating to modelling of member capital.
Requirements:
  • Experience in non-life insurance work, preferably with some exposure across a range of work areas and significant capital modelling experience.
  • Qualified as a fellow of the Institute and Faculty of Actuaries (or equivalent).
  • Experience in leading project work to completion.
  • Advanced knowledge of the actuarial techniques involved in non-life insurance capital work, including the requirements of Solvency II.
  • Knowledge of various IT tools, including Excel, Access, and Word.
  • Knowledge of capital modelling tools, including Tyche, Remetrica, Igloo, or similar.
About Lloyd's:

Lloyd's is a leading insurance and reinsurance marketplace that brings together the best minds in the industry. We create innovative, responsive solutions that allow us to share risk and solve complex problems. We value diversity and inclusion and offer a range of benefits, including flexible working, financial support for training, and employee recognition schemes.



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