Chief Actuary

Chief Actuary

Full-Time 100000 - 150000 £ / year (est.) No working from home possible
Tindall Riley

At a Glance

  • Tasks: Lead a team of actuaries and manage regulatory responsibilities for Britannia and Wren.
  • Company: Join Tindall Riley, a leader in the insurance industry with a collaborative environment.
  • Benefits: Competitive salary, leadership opportunities, and a chance to shape the future of actuarial practices.
  • Other info: Dynamic role with opportunities for professional growth and development.
  • Why this job: Make a significant impact in risk management and contribute to strategic decision-making.
  • Qualifications: Extensive actuarial experience and strong leadership skills required.

The predicted salary is between 100000 - 150000 £ per year.

We are looking for a Chief Actuary to lead the Tindall Riley team of actuaries. The role will include fulfilling the regulatory SMF20 roles for Britannia and Wren. You will lead a team of 8 and report to the Tindall Riley CFO.

Key Responsibilities:

  • Britannia SMF20 and Wren SMF20
  • Support the CFO in co-ordinating and managing the calculation of the Technical Provisions.
  • Provide actuarial opinions on the Association's:
    • appropriateness of the Solvency technical provisions
    • overall underwriting policy
    • adequacy of the reinsurance arrangements
  • Contribute to the Association's risk management, including:
    • calculating the SCR and internal capital requirements, for regulatory returns and the ORSA
    • assessing the accuracy and appropriateness of the standard formula SCR calculation for the business
  • Present findings on the above to the appropriate Boards / Committees.

Key Responsibilities: Additional to SMF20 responsibilities

  • Manage the Tindall Riley Actuarial Team, including providing oversight to Pricing Function.
  • For Britannia, support submission of regulatory returns, in:
    • Japan
    • Hong Kong
    • Singapore
    • Bermuda
    • US
  • Chair Reserving Working Group for Hydra Insurance Company Ltd
  • Support Britannia's calculation of the S&P capital model

Chief Actuary employer: Tindall Riley

Tindall Riley is an exceptional employer, offering a dynamic work environment where actuaries can thrive and make a significant impact. With a strong focus on employee development, our culture promotes collaboration and innovation, providing ample opportunities for professional growth within the insurance sector. Located in a vibrant area, we offer competitive benefits and a supportive team atmosphere that values each member's contributions.

Tindall Riley

Contact Details:

Tindall Riley Recruitment Team

We think you need these skills to ace Chief Actuary

Actuarial Expertise
Regulatory Compliance (SMF20)
Technical Provisions Calculation
Underwriting Policy Assessment
Reinsurance Arrangements Evaluation
Risk Management
Solvency Capital Requirement (SCR) Calculation