- Senior
- Ufficio in London
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 recruiting for a Senior Actuary - Syndicate Capital on an FTC (Fixed Term contract).The role is a senior actuarial position, demonstrating technical expertise and management of work areas within the Syndicate Capital team.
Principal Accountabilities
Manage a robust and risk-based process for MRC's review of syndicate capital models and
resulting capital submissions
Design and ensure sufficient technical criteria, review frameworks and documentation are
developed and followed as part of review processes
Ensure processes are auditable and in line with the latest regulatory requirements
Design and provide relevant review tools (such as simplified models to run as sense checks)
to assist in the review
Undertake autonomous and technically detailed review of syndicate models
Manage the detailed review of syndicate’s internal model, against the Capital Principle of the
Principles of Doing Business at Lloyd’s
Syndicate major model change reviews
Manage a robust process for MRC's review of syndicate major model change submissions,
including expert knowledge of Solvency II requirements
interact with external stakeholders, including managing agent capital and management
teams and regulators, on processes and areas arising as part of capital oversight
Manage update of guidance to be provided to the market on syndicate capital requirements
and processes
Update the Senior Manager, Syndicate Capital on issues and developments in the review
process
Provide internal training on the required process and technical requirements
Liaise with internal teams as required as part of capital review or other oversight activity,
including Syndicate Capability, Exposure Management and Performance Management to
ensure consistent and co-ordinated approaches
Skills, Knowledge and Experience
Knowledge of the actuarial techniques involved in non-life insurance
.
Knowledge of various IT tools including Excel, Access, Word.
Knowledge of / interest in programmatic approaches, including the use of VBA, R and capital
modelling tools
Experience in non-life insurance work, preferably across a range of work areas
Experience in delivering complex work output, including supervising work, and communicating this to an audience
Qualified actuary with capital modelling experience
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
