Capital Modelling Actuary

ERGO | Munich Re | MEAG; Greater London; On-site; GBP 85,000 - 125,000; Full time

Job summary

Brit is seeking a Capital Modelling Actuary to maintain and advance its capital modelling capabilities within the Risk Management Framework. The role involves ownership of key model components and close collaboration with actuaries and analysts to deliver accurate, timely outputs for regulators and internal management.

You will translate complex capital results into clear insights for senior stakeholders and support training and strategic projects across capital management, planning,

Responsibilities

• Maintain and develop Brit's capital modelling capabilities in support of the Risk Management Framework and regulatory capital submissions.
• Own day-to-day components of the capital model and collaborate with the Senior Actuary, other actuaries and analysts to ensure outputs are accurate, timely and useful.
• Turn complex capital outputs into clear insights for senior stakeholders, committees, Boards and regulators.
• Support capital-related training and strategic projects across capital management, business planning, reinsurance, risk appetite and portfolio optimisation, while identifying practical efficiencies without compromising governance.

Job description

Role Details

We’re looking for a Capital Modelling Actuary

About Brit

At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That’s why we exist. To help people and businesses face the future and thrive. We are change-makers enabled by a global workforce who collaborate to deliver a risk service. A team empowered to help our customers not only to survive the risks they face, but to stay on the front foot and keep moving forward. We believe the uncertainty of tomorrow isn’t something to fear but to seize; that it’s full of potential. Not only for our customers but our employees too.

We might write the future of risk for our brokers and clients, but we would love to help you write your future at Brit: a future based on not just progressing but on thriving – both professionally and emotionally. If you’re looking for a place to make a real difference read on.

What you’ll be doing

As a Capital Modelling Actuary, you'll help maintain and develop Brit's capital modelling capabilities, supporting our Risk Management Framework and the delivery of regulatory capital submissions and clear internal management information. You'll take day to day ownership of key components of the capital model and work closely with the Senior Actuary, other actuaries and analysts to make sure outputs are accurate, timely and useful.

You’ll work with colleagues across ERM, Risk Aggregation, Actuarial, Finance and Underwriting, turning complex capital outputs into clear insights for senior stakeholders, committees, Boards and regulators. You'll also support capital related training and strategic projects across capital management, business planning, reinsurance, risk appetite and portfolio optimisation, while identifying practical ways to improve efficiency without compromising governance or control.

We welcome everyone wholeheartedly

We’ve got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we’ll be respected, valued and accepted whoever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations and suggestions about how we do things.

Accessibility

We are located in the Leadenhall Building on Leadenhall Street (EC3V 4AB) and are situated on floors 17, 18, and 39. All of our floors are accessible by lift, and there are building staff on hand to point you in the right direction.

The closest train / underground / DLR links are: Liverpool Street Station (7 mins), Bank Station (6 mins), Fenchurch Street Station (6 mins), Aldgate Station (7 mins).

The nearest bus stop is St Mary Axe (Stop LR or Z), which is located just outside the building.

If you have any other questions regarding accessibility, please ask.