Head of Actuarial in Cardiff

Who are Admiral Pioneer? Admiral Pioneer exists within Admiral Group as a venture studio, providing the greenhouse in which to grow new businesses. We leverage Admiral’s strengths to deliver commercially strong businesses that answer the financial needs of new audiences and respond to emerging opportunities.

Shape the Future of Actuarial at Admiral Pioneer. We are looking for a strategic, forward‑thinking Head of Actuarial to build, shape, and lead the actuarial function at Admiral Pioneer. This critical senior role is accountable for reserving, capital management, pricing oversight, reinsurance strategy, and actuarial governance. Reporting directly to the CFO, you’ll play a key role in shaping financial performance, strengthening capital efficiency, influencing strategic decisions, and supporting our growth ambitions.

What You’ll Do

• Lead and evolve the actuarial function, establishing strong governance, controls, methodologies, and standards while developing actuarial capability across the business.
• Act as a trusted adviser to the CFO, Executive Committee, and Board, providing insight and challenge to support strategic decision‑making.
• Own reserving end‑to‑end, including Best Estimates, Risk Margins, Solvency II Technical Provisions, reserve analysis, and board reporting.
• Lead capital modelling, solvency assessment, regulatory capital reporting, and capital planning to support sustainable growth and financial resilience.
• Provide independent oversight and challenge of pricing methodologies, ensuring pricing appropriately reflects risk, delivers fair customer outcomes, and supports capital efficiency and target returns.
• Shape reinsurance strategy and programme design, assessing the impact on capital, earnings volatility, and reserving performance.
• Partner closely with FP&A and business leaders on planning, forecasting, scenario analysis, new product development, MGA partnerships, and broader growth initiatives.
• Lead actuarial support for M&A and corporate development activity, providing insight on opportunities, risks, and value creation.
• Represent Admiral Pioneer across Admiral Group governance forums, regulators, auditors, and external actuarial partners, ensuring alignment with Group standards and regulatory requirements.
• Chair and drive the Admiral Pioneer Reserving Committee and deliver actuarial updates to the Admiral Group Board and Risk Committees.

What You’ll Bring

• Essential experience: Qualified actuary (FIA, FCAS, or equivalent).
• Deep experience within non‑life (P&C) insurance, with strong technical expertise across reserving, capital, pricing, and reinsurance.
• The ability to translate complex actuarial issues into clear, actionable insight for senior stakeholders, including Boards and Executive Committees.
• A strategic mindset combined with a willingness to stay close to the detail when needed.
• Experience leading through change, building capability, and influencing across a wide range of stakeholders.
• The confidence and adaptability to thrive in a growing, ambitious business where you’ll have the opportunity to shape how the function evolves.

Benefits

• Share in our future with up to £3,600 of free shares each year after one year of service.
• 33 days holiday (including bank holidays) when you join, increasing up to a maximum of 38 days (including bank holidays).
• Option to buy or sell up to an additional five days of annual leave.
• People‑first culture committed to diversity, inclusion, and well‑being.

Equal Opportunity Statement

As a Disability Confident Leader, for candidates with a disability or long‑term health condition who opt into the Disability Confident scheme, we’ll invite a fair and proportionate number of applicants that meet the essential requirements of the role to the first stage of our selection process. To apply or request adjustments during the recruitment process, email Daniel.Cavill@admiralgroup.co.uk or contact 07502 959750, which is dedicated to supporting candidates that require reasonable adjustments or support.