Capital Modelling Actuary

AXA UK; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading insurance provider in London is seeking a Capital Modelling Actuary to maintain and develop their internal capital model under Solvency II. The role involves overseeing model operations, ensuring regulatory compliance, and collaborating with various teams to deliver high-quality reports. Ideal candidates will have experience in capital modelling and strong stakeholder management skills. The position is based in a diverse and inclusive environment.

Qualifications

• Experience in maintaining and developing internal capital models under Solvency II.
• Ability to integrate models with other risk areas and ensure data quality.
• Strong relationship management capabilities with regulatory bodies.

Responsibilities

• Oversee the operation of the internal capital model.
• Prepare and present model outputs to executive and board committees.
• Collaborate with finance and underwriting teams on model integration.

Skills

Capital modelling knowledge

Regulatory compliance understanding

Data integration skills

Stakeholder management

Job description

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 with a global workforce who collaborate to deliver risk services. Our team is empowered to help our customers not only survive risks but stay proactive and move forward. We see the uncertainty of tomorrow as an opportunity, full of potential for both our customers and our employees.

What you’ll be doing

As a Capital Modelling Actuary at Brit, you’ll play a key role in maintaining and developing our internal capital model under the Solvency II regime. Your responsibilities include ensuring the model supports regulatory submissions and internal decision-making, while promoting its use across strategic and operational areas. You will oversee the day-to-day operation of the model, ensuring its outputs are timely, accurate, and integrated within our Risk Management Framework.

You will manage relationships with regulatory bodies such as the PRA, Lloyd’s, and the BMA, and support the preparation and presentation of model outputs to executive and board committees. Your work will involve integrating the model with other risk areas like investment and exposure management, and ensuring high-quality, reliable data inputs.

Additionally, you’ll collaborate with actuarial, finance, and underwriting teams, contribute to training and awareness initiatives for senior stakeholders, and support the Head of Capital in delivering reports to governance committees and regulators, ensuring all outputs meet quality and compliance standards.

We welcome everyone wholeheartedly

Brit fosters a diverse and inclusive work environment where everyone is respected, valued, and accepted. Our Employee Resource Groups provide safe spaces for sharing experiences, aspirations, and suggestions on how we do things.

Accessibility

Located in the Leadenhall Building on Leadenhall Street (EC3V 4AB), our offices are accessible by lift, with staff available to assist. Nearby transportation links include Liverpool Street Station (7 mins), Bank Station (6 mins), Fenchurch Street Station (6 mins), and Aldgate Station (7 mins). The nearest bus stop is St Mary Axe (Stop LR or Z), just outside the building. For further accessibility questions, please contact us.