Capital Modelling Actuary Manager

Join us a Capital Modelling Actuary Manager to take your career to the next level with a global market leaders.

How you will create an impact

You will be the manager of a Capital Modelling team responsible for maintaining the Talbot internal model to enable an efficient and timely delivery of the assessment, aggregation, and reporting of all quantifiable risks to inform decision making as well as to meet regulatory requirements.

Some of the key responsibilities include:

Accountable for the delivery of the S2478 Solvency UK/Lloyd’s regulatory capital reporting requirements. This includes, but is not limited to, the SCR submissions to Lloyd’s (i.e. LCR forms and all other associated returns), application of the Internal Model Change Policy for model updates and the production of the annual PRA Internal Model Output (“IMO”) and standard formula submissions to Lloyd’s.

Internal Model development: Leading the development of business related functionality and outputs that will support the business. Developments are conducted in line with the Internal Model Change Policy.

Business planning process and group strategic initiatives – leading / conducting analysis and investigations as they may arise, producing and presenting analysis to senior management.

To support effective Internal Model governance and to produce/ present internal model analysis/documentation to senior management and the Internal Model Governance Committee.

Promote the use and understanding of the Internal Model and its outputs within the business.

Collaborate with teams across the syndicate to ensure the Internal Model adequately reflects the latest view of the syndicate risk profile and to contribute to the validation of the Internal Model.

Identifying and documenting Internal Model Limitations in line with Internal Model Limitations Statement of Operating Practice.

What you’ll need to succeed

Qualified Actuary

Lloyd’s insurance related work experience in capital modelling or a mixed actuarial role

Strong Igloo skills required

Quantitative background is necessary

Enjoys investigating and solving problems

Excellent communication skills, both written and oral

People management experience