Capital Modelling Actuary – SCR & Risk Expert

Chaucer Group; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Flexible hybrid work model

Inclusive culture

Generous benefits package

Job summary

Chaucer Group, a leading Lloyd's insurer, is seeking a capital modelling actuary to provide risk and capital analysis for its managed Lloyd's syndicates. You will deliver the SCR, contribute to internal model development, and produce MI for risk committees and senior management.

The role requires experience in capital, pricing or reserving, strong stakeholder communication, and the ability to manage complex projects within Solvency II and UK Lloyd's frameworks.

Qualifications

• Qualified or near-qualified actuary (IFoA).
• Experience in capital modelling, pricing or reserving.
• Ability to communicate with senior stakeholders (written and verbal).
• Experience managing people and complex projects.
• Knowledge of Solvency II / Lloyd's framework.

Responsibilities

• Provide risk and capital analysis for Chaucer's managed Lloyd's syndicates.
• Deliver the SCR and develop internal model outputs.
• Produce and validate model results for risk committees and senior management.
• Support development and parameterisation of the Internal Model (Igloo coding).
• liaise with Lloyd's and the PRA on technical elements of SCRs and ORSA.

Skills

Stakeholder communication

Regulatory capital analysis

Model validation

Programming basics (VBA/SQL/Python)

Team leadership / project management

Education

IFoA qualification / near-qualified

ERM / CERA exam

Tools

Word

Excel

PowerPoint

VBA

SQL

Python

Job description

Chaucer Group, a leading Lloyd's insurer, is seeking a capital modelling actuary to provide risk and capital analysis for its managed Lloyd's syndicates. You will deliver the SCR, contribute to internal model development, and produce MI for risk committees and senior management.

The role requires experience in capital, pricing or reserving, strong stakeholder communication, and the ability to manage complex projects within Solvency II and UK Lloyd's frameworks.