Actuary

Actuary

City of London Full-Time 5000 - 7500 £ / month (est.) No home office possible
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At a Glance

  • Tasks: Lead independent validation of models and ensure compliance with regulatory standards.
  • Company: One of the UK’s leading insurers with a focus on risk management.
  • Benefits: Hybrid working, competitive pay, and opportunities for professional growth.
  • Why this job: Shape the future of risk management and influence key decisions at the highest levels.
  • Qualifications: Qualified actuary with experience in model validation and strong leadership skills.
  • Other info: Dynamic role with mentorship opportunities and a chance to stay ahead of industry trends.

The predicted salary is between 5000 - 7500 £ per month.

Job Description

Actuary – Capital Model or Independant Validation

Location: London Hybrid working – 3 days in the office

Length: 3 months

Ready to shape the future of risk management at one of the UK’s leading insurers?

We’re looking for a dynamic, qualified actuary to lead our Independent Model Validation team. You’ll play a pivotal role in ensuring our Internal Economic Capital Model (IECM) meets the highest regulatory standards, driving best-in-class model risk oversight, and influencing decisions at the highest levels—including Board and Audit Committees.

What you’ll do:

  • Lead the independent validation of our IECM and significant models, ensuring compliance with Solvency UK and regulatory requirements.
  • Develop and enhance validation frameworks, processes, and annual plans.
  • Produce impactful reports for senior leadership and committees.
  • Oversee model risk management, maintain model inventories, and set best practices.
  • Mentor and develop a high-performing validation team.
  • Build strong relationships with senior stakeholders and stay ahead of industry trends.

What you’ll bring:

  • Qualified actuary (AC11 or equivalent) with deep experience in independent model validation or capital modelling and technical review in general insurance.
  • Strong knowledge of insurance principles, risk management, compliance, and regulatory frameworks.
  • Proven leadership, people management, and strategic insight.

Actuary employer: Lorien

Join a leading UK insurer that prioritises innovation and excellence in risk management. With a hybrid working model, you will enjoy a flexible work-life balance while being part of a collaborative culture that fosters professional growth and mentorship. Our commitment to regulatory compliance and best practices ensures that you will be at the forefront of industry standards, making a meaningful impact on the future of insurance.
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Contact Detail:

Lorien Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuary

✨Tip Number 1

Network like a pro! Reach out to fellow actuaries and industry professionals on LinkedIn. Join relevant groups and participate in discussions to get your name out there and learn about hidden job opportunities.

✨Tip Number 2

Prepare for interviews by brushing up on your technical knowledge and soft skills. Practice common actuarial interview questions and think about how you can showcase your experience in independent model validation and capital modelling.

✨Tip Number 3

Don’t underestimate the power of follow-ups! After an interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds and shows your enthusiasm.

✨Tip Number 4

Apply through our website! We’ve got loads of exciting opportunities waiting for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that dream job!

We think you need these skills to ace Actuary

Qualified Actuary (AC11 or equivalent)
Independent Model Validation
Capital Modelling
Technical Review
Insurance Principles
Risk Management
Regulatory Compliance
Leadership Skills
People Management
Strategic Insight
Validation Framework Development
Report Production
Stakeholder Relationship Management
Industry Trend Awareness

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the actuary role. Highlight your experience in independent model validation and capital modelling, as well as any relevant qualifications. 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 risk management and how your background makes you the perfect fit for our Independent Model Validation team. Keep it engaging and personal.

Showcase Your Leadership Skills: Since this role involves mentoring and developing a high-performing team, don’t forget to highlight your leadership experience. Share examples of how you've successfully led teams or projects in the past—this will really catch our eye!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at Lorien

✨Know Your Models Inside Out

As an actuary, it's crucial to have a deep understanding of the Internal Economic Capital Model (IECM) and other significant models. Brush up on the technical details and be ready to discuss how you would ensure compliance with Solvency UK regulations during the interview.

✨Showcase Your Leadership Skills

Since this role involves mentoring a high-performing validation team, prepare examples that highlight your leadership experience. Think about times when you've successfully guided a team or influenced decisions at senior levels—these stories will resonate well with the interviewers.

✨Prepare for Technical Questions

Expect to face technical questions related to model validation and risk management. Review key concepts and frameworks, and be ready to explain how you would develop and enhance validation processes. This will demonstrate your expertise and readiness for the role.

✨Build Relationships with Stakeholders

The ability to build strong relationships with senior stakeholders is vital. Prepare to discuss your approach to stakeholder management and how you stay ahead of industry trends. This shows that you’re not just technically proficient but also a strategic thinker.

Actuary
Lorien
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  • Actuary

    City of London
    Full-Time
    5000 - 7500 £ / month (est.)

    Application deadline: 2027-11-06

  • L

    Lorien

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