Head of Capital Actuary - Managing Agent

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player seeks a Head of Capital to lead the establishment of a capital modeling team in London. This pivotal role involves ensuring governance and regulatory compliance while supporting the growth of the Actuarial Function. The ideal candidate will possess extensive experience in capital modeling, excellent communication skills, and a strong ability to collaborate across functions. Join a dynamic organization that values innovation and teamwork, and make a significant impact in a supportive environment focused on long-term value creation.

Qualifications

• Qualified Fellow of the Institute and Faculty of Actuaries or similar.
• Extensive experience with Lloyd’s internal capital model.
• Proven management of capital teams.

Responsibilities

• Lead the syndicate capital team's in-housing and build-out.
• Deliver internal and external reports timely and clearly.
• Ensure compliance with regulatory requirements.

Skills

MS Excel

SQL

Power BI

ResQ

Organizational Skills

Communication Skills

Education

Bachelor's Degree in Maths

Bachelor's Degree in Economics

Bachelor's Degree in Statistics

Qualified Fellow of the Institute and Faculty of Actuaries

Tools

MS Access

Lloyd’s Internal Capital Model

Job description

Job Description:

Who we are:

Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. We focus on creating long-term value through underwriting excellence and strong risk and capital management.

Why join:

Everest Insurance International (EII) is a fast-growing division of Everest Insurance, part of a global group with operations in Ireland, Singapore, Latam, Australia, and other regions. EII is expanding into new geographies, including European branches, Asia, and the Pacific. The Actuarial Function (Reserving and Capital) supports this growth with significant investment and collaboration.

The Head of Capital role involves leading the Lloyd’s establishment of the capital modelling team, ensuring governance and regulatory compliance, and supporting continual improvement and best practices. This position offers autonomy, ownership, and a chance to make a tangible impact within a supportive environment.

Key Responsibilities:

1. Lead the syndicate capital team’s in-housing and build-out of capabilities.
2. Support non-syndicate EII capital requirements.
3. Lead capital discussions with relevant committees and boards.
4. Collaborate with stakeholders on capital review processes and initiatives.
5. Deliver internal and external reports timely and clearly.
6. Innovate and improve analysis and outputs to maintain industry-leading standards.
7. Contribute to ORSA, stress testing, and scenario analyses.
8. Coordinate and support annual validation processes.
9. Embed the internal capital model into business decision-making.
10. Assist in producing the actuarial function report.
11. Develop controls over model inputs and outputs.
12. Ensure compliance with regulatory requirements.
13. Identify and lead future enhancements to capital modelling tools and approaches.
14. Collaborate across functions to optimize processes and capacity.
15. Model and coordinate parameter updates.
16. Enhance monitoring, MI, and communication of model limitations and proposals.
17. Engage with key stakeholders including risk, finance, Lloyd’s, and senior management.
18. Contribute to the evolution of the wider actuarial team’s tools and insights.

Professional Experience:

1. Qualified Fellow of the Institute and Faculty of Actuaries (FIA) or similar.
2. Extensive Lloyd’s internal capital model and governance experience.
3. Proven management of capital teams and stakeholder engagement.
4. Bachelor’s degree or higher in relevant fields such as Maths, Economics, or Statistics.

Skills & Abilities:

1. Strong IT skills: MS Excel, Access, SQL, Power BI, ResQ.
2. Knowledge of Lloyd’s best practices and standard formula modelling.
3. Excellent organizational skills and attention to detail.
4. Effective communication skills for reports and presentations.
5. Ability to prioritize strategic initiatives.
6. Flexible, enthusiastic, and eager to learn and network.

Core Competencies:

1. Alignment with Everest’s values: Collaboration, Risk Management, Execution, Humility, Leadership.
2. Support and exemplify company culture and behaviors: Respect, Improvement, Leadership, Ownership, Teamwork.

Our culture emphasizes providing protection worldwide, fostering an inclusive environment, and upholding core values that guide our decisions and interactions.

Additional Details:

• Type: Regular
• Time: Full-time
• Location: London, UK