At a Glance
- Tasks: Join our Capital Modelling team to analyse and enhance market-leading models.
- Company: Lloyd's, the world's top insurance and reinsurance marketplace.
- Benefits: Actuarial study support, flexible working, and opportunities for project leadership.
- Other info: Inclusive culture focused on collaboration, professional development, and diverse perspectives.
- Why this job: Make a real impact in a highly visible role with global significance.
- Qualifications: Strong analytical skills, progress towards actuarial qualification, and experience with capital modelling tools.
The predicted salary is between 63000 - 77000 £ per year.
Our Capital Modelling team plays a critical role in supporting the Lloyd's market, helping to shape decisions that strengthen underwriting performance, optimise capital and support global resilience.
If you're looking to develop your actuarial career in a highly visible role with real market impact, we'd love to hear from you.
- Supporting the development and annual delivery of the Lloyd's Internal Model.
- Analysing and challenging model outputs to understand key drivers of change.
- Contributing to model validation activity and continuous improvement initiatives.
- Producing market-wide, syndicate and member capital requirements.
- Investigating differences between Lloyd's assessments and syndicate views of risk.
- Supporting analysis following major loss events and emerging market developments.
- Testing and implementing model enhancements and refinements.
- Contributing to the annual parameterisation process across insurance, market, credit and operational risks.
- Maintaining high-quality model documentation that supports governance and regulatory requirements.
Guiding and supporting junior colleagues across projects and technical workstreams.
We're looking for someone who combines strong analytical capability with curiosity, collaboration and a desire to make an impact.
Experience within non-life insurance, ideally with exposure to capital modelling.
- Progress towards an actuarial qualification, with Core and Business exams completed or equivalent progress demonstrated.
- Strong technical and analytical skills, with the ability to deliver complex work and communicate findings clearly.
- Experience using actuarial and capital modelling tools such as Tyche, Remetrica, Igloo or similar.
- Knowledge of programming languages such as R, Python or equivalent.
- The confidence to challenge assumptions constructively and think creatively about solutions.
- Experience reviewing, coordinating or supporting the work of others.
- A collaborative approach and the ability to build strong working relationships across teams.
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.
At Lloyd's, we’re the world's leading insurance and reinsurance marketplace, bringing together expertise, capital and insight to help solve some of the world's most complex risks.
Why Lloyd's?
- Significant actuarial study support.
- Exposure to complex, market-leading capital models.
- Opportunities to lead projects and broaden your technical expertise.
- A collaborative environment where knowledge sharing is encouraged.
- Flexible ways of working that help you perform at your best.
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 take the risk by challenging traditional thinking and being proactive about inclusion.
That means being open and positive about workplace adjustments, prioritising health and wellbeing, and investing in diversity and inclusion training so everyone feels able to contribute and succeed.
We make things happen by turning our commitment into action.
Through employee networks, mentoring, volunteering opportunities and sustained investment in professional development, we create an environment where inclusion is experienced day-to-day - not just talked about.
We own the outcome by focusing on impact.
By bringing together diverse perspectives and the best minds in the industry, we work collaboratively with underwriters and brokers to create innovative, responsive solutions that share risk and solve complex problems across global markets.
#J-18808-Ljbffr
Actuarial Associate in City of Westminster employer: Lloyd's
Lloyd's is an exceptional employer that fosters a collaborative work culture, allowing you to lead complex programmes in a dynamic environment. With a strong focus on employee well-being and professional growth, we offer comprehensive benefits including healthcare, a generous pension, and opportunities for continuous development, all within the vibrant setting of Greater London.
