Head of Reserving & Capital
London - Permanent - Full Time - (Hybrid 3 days in office, 2 WFH)
About the Role
We are seeking an experienced and commercially minded Head of Reserving & Capital to lead and own the reserving and capital function across our managed Mutuals. This is a senior leadership position offering the opportunity to shape actuarial strategy, influence key business decisions, and play a critical role in maintaining the financial strength and long-term sustainability of the organisation.
Reporting to the Chief Actuary, you will provide strategic leadership on reserving, technical provisions, capital adequacy, solvency and balance sheet management. You will act as a trusted adviser to senior stakeholders, delivering high-quality actuarial insight that supports effective decision-making, financial resilience and regulatory compliance.
This role offers significant exposure to executive leadership, governance committees, regulators and auditors, making it an excellent opportunity for an established actuarial leader looking to make a meaningful impact.
Your Responsibilities
As Head of Reserving & Capital, you will:
- Lead and oversee reserving and capital frameworks, ensuring methodologies, controls and governance arrangements remain robust and fit for purpose.
- Drive reserve adequacy assessments and capital management activities, providing recommendations that support financial resilience and sustainable growth.
- Deliver high-quality actuarial reporting, insights and recommendations to senior leadership and governance forums.
- Lead the assessment of reserving uncertainty, emerging risks and solvency implications, enabling informed strategic decision-making.
- Provide actuarial leadership across reserve setting, reserving and capital strategy, and portfolio performance metrics.
- Champion continuous improvement, innovation and the use of technology to enhance actuarial analysis, modelling and reporting.
- Build strong relationships with Finance, Risk, Underwriting, Claims, Reinsurance and senior business leaders to optimise business outcomes.
- Lead, mentor and develop a high-performing actuarial team, fostering a culture of accountability, technical excellence and professional development.
- Act as the principal actuarial authority on reserving and capital matters, maintaining the highest standards of professional judgement and governance.
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