Senior Actuary: Capital Oversight & Risk Leadership

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 role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks. 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 are seeking to recruit a Senior Actuary (Capital Oversight) to play a key role in overseeing syndicate capital and strengthening the resilience of the Lloyd’s market. This is a senior actuarial role where your technical expertise, judgement and voice will shape decisions that matter.

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. You’ll present clear, evidence‑based conclusions to the Actuarial Oversight Review Group (AORG) and respond confidently to challenge. You’ll also 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

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'll 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.