At a Glance
- Tasks: Develop and validate capital models while supporting regulatory submissions.
- Company: Join a leading Lloyd’s market insurer with a dynamic team.
- Benefits: Gain exposure to senior management and enhance your career in a growing syndicate.
- Why this job: Play a key role in shaping capital decision-making and internal processes.
- Qualifications: Experience in capital modelling and familiarity with Solvency II regulations.
- Other info: Opportunity to expand into reserving and pricing as you grow.
The predicted salary is between 48000 - 72000 £ per year.
A Lloyd’s market insurer is seeking a Capital Modelling Actuary to play a key role within the team and company. Reporting directly to the Head of Capital Modelling, this role offers significant exposure across the business, working closely with underwriting, exposure management, finance, risk and senior stakeholders. You’ll support regulatory submissions, enhance internal model methodologies, and contribute directly to Board and capital decision-making. There is also scope to broaden into reserving and pricing over time.
- Deputy to the Head of Capital Modelling
- Hands-on capital model development and validation (Remetrica preferred)
- Strong involvement in Solvency II, Lloyd’s returns and ORSA
- Visible role with senior management and the Board
- Opportunity to shape processes in a growing syndicate
Capital Modelling Actuary in London employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Modelling Actuary in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the Lloyd’s market and connect with them on LinkedIn. We can’t stress enough how important it is to build relationships; you never know who might help you land that Capital Modelling Actuary role.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of Solvency II and ORSA. We recommend practising common interview questions related to capital modelling and being ready to discuss your hands-on experience with tools like Remetrica.
✨Tip Number 3
Showcase your passion for the industry! When you get the chance to speak with potential employers, let them know why you’re excited about working in capital modelling and how you can contribute to their team. We want to see that enthusiasm!
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of resources to help you along the way, and applying directly can sometimes give you an edge. Let’s make sure your application stands out in the crowd!
We think you need these skills to ace Capital Modelling Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Capital Modelling Actuary role. Highlight your experience with capital model development, Solvency II, and any relevant software like Remetrica. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Be sure to mention your experience with regulatory submissions and working with senior stakeholders.
Showcase Your Analytical Skills: As a Capital Modelling Actuary, strong analytical skills are key. In your application, provide examples of how you've used these skills in past roles, especially in enhancing internal model methodologies or contributing to decision-making processes.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at IPS Group
✨Know Your Numbers
As a Capital Modelling Actuary, you’ll be dealing with complex data and models. Brush up on your technical skills and be ready to discuss specific methodologies you've used in capital model development and validation. Familiarise yourself with Remetrica if you can, as it’s preferred for this role.
✨Understand the Business Landscape
Get a good grasp of how the Lloyd’s market operates and the key players involved. Research the company’s recent regulatory submissions and any changes in Solvency II regulations. This will help you demonstrate your knowledge and show that you’re genuinely interested in the role.
✨Prepare for Stakeholder Engagement
Since this role involves working closely with senior stakeholders, think about how you can effectively communicate complex actuarial concepts to non-technical audiences. Prepare examples of past experiences where you’ve successfully engaged with different teams, especially in underwriting or finance.
✨Show Your Growth Mindset
The job offers opportunities to broaden into reserving and pricing, so express your enthusiasm for learning and developing in these areas. Be ready to discuss how you’ve adapted to new challenges in the past and how you plan to contribute to shaping processes in a growing syndicate.