At a Glance
- Tasks: Lead internal model validation and provide oversight on reserving and financial risk processes.
- Company: Dynamic insurance business with a strong risk management framework.
- Benefits: Competitive salary, exposure to senior stakeholders, and opportunities for professional growth.
- Other info: Collaborative environment with excellent career advancement opportunities.
- Why this job: Make a real impact in risk management and strategic decision-making.
- Qualifications: Fully qualified actuary with experience in Solvency II or Lloyd's environments.
The predicted salary is between 60000 - 80000 £ per year.
An exciting opportunity has arisen for a Senior Quantitative Risk Actuary to join a dynamic insurance business, operating within a strong risk management framework and offering excellent exposure to senior stakeholders and key decision‑making forums. This role sits within the second line of defence and plays a critical part in providing independent oversight and challenge across internal models, reserving, capital, and financial risk processes.
You will lead end‑to‑end internal model validation activities, ensuring methodologies, assumptions and governance meet regulatory standards, while producing clear and impactful validation reporting for committees and senior management. The role also involves oversight of reserving processes, including reviewing assumptions and uncertainty, challenging reserve movements, and assessing key external drivers such as inflation and claims trends.
In addition, you will provide independent insight into financial market and credit risk exposures, assess stress and scenario testing for business planning and ORSA, and contribute to the ongoing development of model risk frameworks. You will work closely with teams across capital modelling, underwriting, finance and risk, delivering robust quantitative analysis and meaningful challenge to support strategic decision‑making.
Suitable candidates will be fully qualified actuaries with post‑qualification experience, ideally within a Solvency II or Lloyd's environment, and will bring strong expertise in model validation, reserving, and capital modelling. You will have excellent analytical capabilities, the confidence to challenge senior stakeholders, and the ability to translate complex quantitative outputs into clear, actionable insights.
Senior Quantitative Risk Actuary in London employer: The Actuary
Join a leading insurance business that prioritises a strong risk management culture and offers unparalleled opportunities for professional growth. As a Senior Quantitative Risk Actuary, you will engage with senior stakeholders in a collaborative environment that values independent oversight and innovative thinking, all while being part of a team dedicated to excellence in risk assessment and model validation. With a commitment to employee development and a dynamic work culture, this role provides a unique chance to make a significant impact within the industry.
