At a Glance
- Tasks: Lead reviews of syndicate-level capital and assess various risks in the Lloyd’s market.
- Company: Join Lloyd’s, a leader in the insurance industry with a focus on innovation.
- Benefits: Enjoy flexible working, generous pension, healthcare, and professional development opportunities.
- Other info: Opportunity to lead and coach junior colleagues in a dynamic environment.
- Why this job: Make a real impact on the resilience of the Lloyd’s market while advancing your career.
- Qualifications: Significant experience in non-life insurance and strong knowledge of actuarial techniques required.
The predicted salary is between 80000 - 100000 € per year.
Lloyd’s is seeking a Senior Actuary (Capital Oversight) who will independently lead reviews of syndicate-level capital and strengthen the resilience of the Lloyd’s market.
What You’ll Do
- You’ll independently lead reviews of syndicate‑level capital, including assessing capital across premium, reserve, market, credit and operational risks; reviewing diversification, dependencies and key movements against benchmarks; challenging assumptions and validation evidence; assessing compliance with the Capital Principle.
- Your work will span annual capital reviews, major model changes, deep dives, governance reviews, IMAPs and new market entrants, and you’ll have opportunities to contribute to thematic reviews.
- You’ll be a key point of contact for managing agents and their actuarial teams, presenting clear, evidence‑based conclusions to the Actuarial Oversight Review Group (AORG) and responding confidently to challenge.
- You’ll work closely with internal teams across Lloyd’s to ensure a joined‑up approach to oversight, and contribute to market and regulatory communications.
Leadership and Influence
- You’ll lead and coach junior colleagues, provide technical guidance and take ownership of projects from start to finish. There may be line management responsibility.
- You’ll also support the Head of Capital Oversight in shaping the team’s direction and building capability.
What You’ll Bring
- 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 SharePoint
- Qualified actuary with capital experience
Benefits
Lloyd’s offers flexible working, generous pension, healthcare, wellbeing programmes, training and development support, a benefit allowance, employee recognition scheme, and various discount schemes.
Senior Actuary (Capital Oversight) employer: Lloyd's
Lloyd’s is an exceptional employer, offering a dynamic work environment where you can lead impactful projects in capital oversight while enjoying flexible working arrangements. With a strong focus on employee growth, comprehensive training programmes, and a supportive culture that values collaboration and innovation, Lloyd’s empowers its actuaries to thrive and make meaningful contributions to the insurance market. Additionally, the generous benefits package, including a robust pension scheme and wellbeing initiatives, ensures that employees are well-supported both professionally and personally.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuary (Capital Oversight)
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars where you can meet potential employers and showcase your expertise. Remember, it’s all about who you know!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and recent developments in capital oversight. Be ready to discuss your experience with capital modelling and how you've tackled challenges in previous roles. Confidence is key!
✨Tip Number 3
Don’t just apply through job boards; head over to our website and submit your application directly! This shows initiative and gives you a better chance of standing out. Plus, you’ll get to see all the amazing opportunities we have at StudySmarter.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your interest in the role and highlight any key points from your conversation that align with the job.
We think you need these skills to ace Senior Actuary (Capital Oversight)
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Actuary role. Highlight your experience in non-life insurance and capital modelling, and don’t forget to showcase your knowledge of actuarial techniques and capital regulation. 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 the perfect fit for the role. Talk about your experience leading reviews and managing projects, and how you can contribute to our team at Lloyd’s. Keep it engaging and professional!
Showcase Your Leadership Skills:Since this role involves leading and coaching junior colleagues, make sure to highlight any relevant leadership experience. Share examples of how you've guided teams or taken ownership of projects. We love seeing candidates who can inspire and influence others!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Lloyd's
✨Know Your Capital Inside Out
Make sure you brush up on your knowledge of capital modelling and the specific risks involved, like premium and reserve risks. Be ready to discuss how you would assess these in a syndicate-level review.
✨Prepare for Technical Questions
Expect to face questions that challenge your understanding of actuarial techniques and capital regulation. Practise explaining complex analyses clearly and concisely, as you'll need to present evidence-based conclusions confidently.
✨Showcase Your Leadership Skills
Since this role involves leading and coaching junior colleagues, think of examples where you've successfully managed projects or guided others. Highlight your ability to influence and support team direction during the interview.
✨Engage with Stakeholders
Demonstrate your strong stakeholder management skills by preparing examples of how you've effectively communicated with various teams. Be ready to discuss how you would ensure a joined-up approach to oversight at Lloyd’s.
