Head of Actuary

Lawes Insurance Recruitment; City Of London; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A financial services company in London is seeking a Head of Actuary to lead their Actuarial team. This role involves overseeing accuracy in technical provisions, contributing to risk management strategies, and developing actuarial models. Ideal candidates will have at least 8 years of experience in commercial insurance actuarial roles, strong analytical skills, and the ability to support team members in their qualification journey. This opportunity offers a hybrid work model with two days in London.

Qualifications

• Minimum 8 years in commercial insurance actuarial roles.
• Experience in implementing pricing controls and handling complex datasets.
• Familiarity with programming languages preferred.

Responsibilities

• Oversee the actuarial function, ensuring accuracy of technical provisions.
• Contribute to risk management strategies and provide insights to leadership.
• Develop actuarial models and prepare reports for stakeholders.

Skills

Analytical skills

Communication

Interpersonal skills

Proficiency in Excel

Business model development

Job description

Location: 2 Days a week working in London

PURPOSE OF ROLE

Great opportunity with our client for a seasoned professional to lead the Actuarial team in Finance & Investment. As Head of Actuary, you’ll shape policies, refine Reserving and Solvency II processes, and ensure compliance and financial stability.

DAY TO DAY

• In this role, you will oversee the actuarial function, ensuring the accuracy and adequacy of technical provisions
• Contribute to risk management strategies, provide critical insights to the leadership team, and support corporate planning
• Responsibilities include developing actuarial models, performing risk assessments, preparing reports for stakeholders, and advising on underwriting and reinsurance policies
• Additionally, you will guide team members in their actuarial qualification journey while continuously improving internal processes to support the company’s objectives

EXPERIENCE

• Minimum 8 years in commercial insurance actuarial roles
• Previous exposure to personal lines pricing would be an advantage
• Experience in implementing pricing controls, handling complex datasets, and working in ambiguous environments is essential

SKILLS

• Highly analytical with exceptional numerical skills and attention to detail
• Strong communication and interpersonal abilities are essential, along with proficiency in Excel and the capability to develop basic business models
• The ability to prioritise tasks, meet deadlines, and adapt to evolving challenges is crucial
• Familiarity with programming languages is preferred but not mandatory

If you have the relevant experience or know someone that does please contact me now on 07458 162 848 or email us at [e-mail]