At a Glance
- Tasks: Review and assess syndicate-level capital, ensuring compliance and leading annual reviews.
- Company: Join Lloyd’s, the world’s leading insurance marketplace focused on innovation and collaboration.
- Benefits: Competitive salary, inclusive culture, professional development, and opportunities for growth.
- Other info: Be part of a diverse team that values inclusion and supports your professional journey.
- Why this job: Make a real impact in the insurance industry while shaping the future of capital oversight.
- Qualifications: Significant experience in non-life insurance, strong actuarial knowledge, and project management skills.
The predicted salary is between 60000 - 80000 £ per year.
Senior Actuary (Capital Oversight)
Lloyd’s is the world’s leading insurance and reinsurance marketplace, bringing together the world’s leading risk takers to advance global progress.
Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd’s market — while continuing to build a Lloyd’s we are proud of.
How we deliver this matters.
We take the risk, make things happen, and own the outcome — working together across our global network to turn insight into impact.
Key Responsibilities
- Independently review syndicate‑level capital, including capital across premium, reserve, market, credit and operational risks.
- Assess diversification, dependencies and key movements against benchmarks.
- Challenge assumptions and validation evidence.
- Assess compliance with the Capital Principle.
- Lead annual capital reviews, major model changes, deep dives, governance reviews, IMAPs and new market entrant assessments.
- Contribute to thematic reviews and market/regulatory communications.
- Serve as key point of contact for managing agents and their actuarial teams.
- Present clear, evidence‑based conclusions to the Actuarial Oversight Review Group (AORG) and respond confidently to challenge.
- Lead and coach junior colleagues, provide technical guidance, and take ownership of projects from start to finish.
- Support the Head of Capital Oversight in shaping the team’s direction and building capability; may have line management responsibility.
Qualifications & Experience
- Significant experience in non‑life insurance and capital modelling.
- Strong knowledge of actuarial techniques and capital regulation.
- Experience delivering and communicating complex analysis.
- Confidence leading work and supporting others.
- Strong stakeholder and project management skills.
- Familiarity with tools such as Excel and Share Point.
- Qualified actuary with capital experience.
- Inclusion Statement
Being inclusive at Lloyd’s is integral to how we work — and how we deliver impact.
We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential.
We challenge traditional thinking and are proactive about inclusion, prioritising health and wellbeing and investing in diversity and inclusion training so everyone feels able to contribute and succeed.
We create an environment where inclusion is experienced day‑to‑day through employee networks, mentoring, volunteering opportunities and sustained investment in professional development.
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Senior Actuary (Capital Oversight) employer: CO1001 Corporation of Lloyd’s
At CO1001 Corporation of Lloyd’s, we pride ourselves on being an exceptional employer that fosters a culture of collaboration and continuous improvement. Our hybrid working model allows for flexibility, while our comprehensive benefits package, including healthcare and generous pension contributions, ensures that our employees feel valued and supported in their professional growth. Join us to be part of a dynamic team dedicated to enhancing the insurance market oversight in a rewarding and meaningful way.
Contact Details:
CO1001 Corporation of Lloyd’s Recruitment Team
