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
Lloyd’s is an exceptional employer, offering a dynamic work environment that champions diversity and inclusion while prioritising employee wellbeing. With a strong commitment to professional development, employees have access to mentoring, training, and opportunities to engage in meaningful projects that impact the global insurance market. Located in the heart of London, Lloyd’s fosters a collaborative culture where every team member is valued and empowered to contribute to innovative solutions.
Contact Details:
CO1001 Corporation of Lloyd’s Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuary (Capital Oversight)
✨Dive Into Industry Networking Events
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We think you need these skills to ace Senior Actuary (Capital Oversight)
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at CO1001 Corporation of Lloyd’s.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at CO1001 Corporation of Lloyd’s. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at CO1001 Corporation of Lloyd’s
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at CO1001 Corporation of Lloyd’s to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at CO1001 Corporation of Lloyd’s, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding CO1001 Corporation of Lloyd’s's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
