Senior Actuary, Capital Oversight in London

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

Lloyd’s is recruiting a Senior Actuary, Capital Oversight on a 6 Months (Contract) ideally we are looking for a candidate to start March. This is an excellent opportunity for an experienced non‑life actuary to influence market‑wide capital standards, lead major review activity, and contribute to the strategic direction of the Capital Oversight team.

• Syndicate Capital Reviews

• Independently review syndicate-level capital requirements across key risk areas (premium, reserve, market, credit, operational).
• Assess diversification assumptions, dependencies, movement metrics and validation outcomes.
• Review syndicates against the Capital Principle of the Principles of Doing Business at Lloyd’s.
• Lead annual capital reviews, major model change assessments, deep dives, governance reviews and IMAP applications.
• Conduct reviews for new market entrants, including those using the Lloyd’s Standard Model.

• Act as a key point of contact for managing agents and their actuarial teams.
• Present findings and recommendations to the Actuarial Oversight Review Group (AORG).
• Liaise with internal teams (Syndicate Performance, Exposure Management, Outwards Reinsurance) to ensure coordinated oversight.
• Contribute to market and regulatory communications and briefings.

• Significant experience in non‑life insurance and capital modelling.
• Qualified actuary with capital experience.
• Knowledge of actuarial techniques and regulatory frameworks (including Solvency II).
• Proven ability to deliver complex technical work and communicate it clearly to senior audiences.
• Experience supervising work and developing analytical approaches to solve complex questions.
• Strong stakeholder management and communication skills.
• Familiarity with Excel, SharePoint and related analytical tools.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you will be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks. Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect. We will invest in attracting the best talent to Lloyd’s, making sure recruitment is targeted at bringing in the skills we need to evolve. We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.