Lead Actuary, (Capital Oversight) at Lloyd's of London

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

16 May, 26

Salary

0.0

Posted On

15 Feb, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

People Management, Project Oversight, Technical Knowledge, Cross-functional Collaboration, Capital Reviews, Technical Oversight, Market Oversight Plan, Capital Modelling, Regulatory Relationship Management, Stakeholder Engagement, Risk Management Frameworks, Data Analysis, Process Improvements, Solvency UK Understanding, Lloyd’s Capital Guidance, Actuarial Modelling Platforms

Industry

Insurance

Description

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 Lead Actuary (Capital Oversight). You will play a pivotal leadership role within the Capital Oversight team, driving strategic initiatives and delivery of the market oversight plan for capital in relation to market-wide risks, as well as ensuring smooth delivery of key processes, fostering team culture, and driving strategic initiatives. This position combines people management, project oversight, technical knowledge and cross-functional collaboration to support Lloyd’s capital oversight framework. Principal Accountabilities Capital Reviews & Technical Oversight Lead the delivery of the market oversight plan for capital with regards to market-wide risks and other high-profile projects requiring technical and strategic input. Lead capital oversight for new entrants to the Lloyd’s market. Peer review team members' reviews of syndicates’ capital, including annual capital reviews, major model changes, and deep dive reviews. Operational Oversight & Project Management Support the Head of Capital Oversight in: Managing the relationship with the PRA, in particular driving regular oversight meetings. Managing the relationship with the market, in particular preparing and delivering market communications and briefings. Maintaining and evolving the risk and oversight framework. Overseeing project delivery within the team, ensuring timelines and quality standards are met. Stakeholder Engagement & Relationships Act as a point of contact for more complex syndicates, ensuring effective communication and coordination. Build and lead strong relationships with Senior Managers in other internal teams (e.g., Risk, Exposure Management, Performance Management) to ensure consistent and collaborative approaches. Represent the team in cross-functional forums. Prepare conclusions and recommendations for various Executive committees. Skills Knowledge and Experience Extensive experience in non-life insurance, with a focus on capital modelling and exposure to related areas such as reserving. Proven track record of working within the Lloyd’s or London Market environment. Demonstrated ability to lead and deliver complex actuarial projects to completion. Experience in presenting technical findings and strategic recommendations to senior management and external stakeholders, including regulators. Experience in managing and developing junior team members, fostering technical growth. Understanding of Solvency UK, Lloyd’s Capital Guidance, and broader regulatory capital requirements. Awareness of the Lloyd’s market structure, syndicate operations, and the strategic role of capital oversight in market stability. Familiarity with actuarial modelling platforms (e.g., Igloo, ReMetrica, Tyche) and data analysis tools used in capital modelling. Understanding internal governance processes, risk management frameworks, and the role of actuarial input in regulatory decision-making. Ability to translate complex technical findings into clear, actionable insights for both technical and non-technical stakeholders. Drive process improvements, and manage ambiguity effectively. Fully qualified Actuary with FIA status (or equivalent) from the UK Institute and Faculty of Actuaries (IFoA). 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. You can read more about diversity and inclusion on our website. 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. Should you require any additional support with your application, or any adjustments, please click the following link; https://cleartalents.com/apply/lloyds-msa1645695881 Please note, clicking on this link does not register your application for the vacancy Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect. We will invest in attracting the best talent to Lloyd’s, making sure recruitment is targeted at bringing in the skills we need to evolve. We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.

Responsibilities

The Lead Actuary will drive strategic initiatives and delivery of the market oversight plan for capital concerning market-wide risks, while also ensuring the smooth execution of key processes and fostering team culture. This role involves leading capital reviews, providing technical oversight for syndicates, managing operational aspects like regulatory relationships, and overseeing project delivery within the team.