Capital Modelling Actuary

Lorien; London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

A leading insurer in London is seeking a Capital Modelling Actuary to enhance decision-making through advanced capital modelling and risk analysis. The successful candidate will oversee the Internal Economic Capital Model updates, ensuring regulatory compliance while mentoring analysts and driving best practices within the actuarial team.

Qualifications

• Significant experience in capital modelling within the insurance sector.
• Strong understanding of Solvency II and IFRS 17.
• Proven ability to lead model validation and governance processes.

Responsibilities

• Lead planning and delivery of Internal Economic Capital Model updates.
• Provide actionable insights on capital requirements.
• Mentor and develop actuarial analysts.

Skills

Capital modelling

Risk frameworks

Stakeholder engagement

Project management

Communication

Education

Qualified actuary

Job description

Location: UK-based (Hybrid working available)
Contract Length: To be confirmed
Start Date: ASAP

Overview:
Our client, a leading insurer, is seeking a highly experienced Capital Modelling Actuary to join their Corporate Actuarial function. This role is critical in enabling executive decision-making through robust capital modelling, risk analysis, and strategic insight. The successful candidate will lead the delivery of key updates to the Internal Economic Capital Model (IECM), ensuring alignment with the organisation's evolving risk profile and regulatory requirements.

Key Responsibilities:

• Lead the planning, delivery, and governance of IECM updates, including model changes, expert judgements, data quality, documentation, and validation.
• Provide clear, actionable insights to senior stakeholders on capital requirements and risk positioning.
• Collaborate with SMEs and independent validation teams to ensure model integrity and transparency.
• Present technical modelling outcomes and justifications to governance forums and senior leadership.
• Support key deliverables such as ORSA, risk appetite, and ad-hoc capital analysis.
• Ensure capital models are technically sound, efficient, well-documented, and compliant with regulatory standards (e.g. Solvency II, IFRS 17).
• Lead and manage complex actuarial projects, balancing competing priorities and deadlines.
• Mentor and develop actuarial analysts, providing feedback and fostering professional growth.
• Promote best practices across the actuarial function and contribute to a culture of continuous improvement.

Required Experience & Skills:

• Qualified actuary with significant experience in capital modelling within the insurance sector.
• Strong understanding of risk and capital frameworks, including Solvency II and IFRS 17.
• Proven ability to lead model development, validation, and governance processes.
• Excellent communication skills, with the ability to explain complex technical concepts to non-technical stakeholders.
• Experience managing and mentoring actuarial teams.
• Strong stakeholder engagement and the ability to influence at senior levels.
• Demonstrated ability to manage large-scale projects and deliver under pressure.

If the above aligns with the above, please submit your CV for consideration.

Carbon60, Lorien & SRG - The Impellam Group STEM Portfolio are acting as an Employment Business in relation to this vacancy.