Lead Capital Modelling Actuary

Invecta; Greater London; On-site; GBP 150,000 - 190,000; Full time

Job summary

Invecta is seeking a senior Lead Capital Modelling Actuary in London. You will own economic capital models, drive methodology, parameterisation and R&D, and embed capital insights into planning, pricing and strategic decisions.

You will also lead macroeconomic stress testing, ORSA and risk appetite work, guiding a team of analysts and actuaries while shaping best practices across capital modelling.

Qualifications

• Qualified actuary with significant capital modelling experience.
• Experience in Lloyd’s/UK insurance market preferred.
• Proven leadership of actuarial teams and mentoring capability.

Responsibilities

• Own economic capital models for assigned entities and lead model delivery.
• Embed capital modelling into Business Planning, Pricing and risk/finance processes.
• Lead macroeconomic stress testing, scenario analysis, ORSA, and risk appetite activities.
• Drive automation, coding, and process improvements across the function.

Skills

Capital modelling

Actuarial modelling

Leadership

Stakeholder management

Education

Fellow of the IFoA/UK actuarial fellowship

Tools

Igloo

Economic Scenario Generators

Job description

We are pleased to be partnering with a leading Lloyd's/London market risk carrier on an exciting senior-level opportunity for a Lead Capital Modelling Actuary.

This is a high-profile role with genuine influence across the business, combining technical capital modelling, commercial decision-making and people leadership.

You’ll take ownership of the economic capital models for assigned entities, leading model delivery, parameterisation, methodology development and R&D. A key part of the role will be ensuring capital modelling is embedded into Business Planning, Pricing, Ceded Reinsurance and strategic decision-making, rather than operating purely as a regulatory exercise.

You’ll also lead macroeconomic stress testing and scenario analysis, contribute to ORSA and risk appetite activity, and drive improvements through automation, coding and process optimisation.

From a technical perspective, we are ideally looking for a Qualified Actuary with significant dedicated Capital Modelling experience, ideally within the Lloyd’s/UK insurance market. Strong experience with Igloo or similar modelling platforms, Economic Scenario Generators, attribution analysis and model validation would be highly relevant.

The role also has a meaningful people leadership component leading a team of analysts/actuaries, with responsibility for developing and mentoring team members and helping shape best practice across the wider Capital Modelling function.

What makes this particularly interesting is the breadth of the role - you'll have the opportunity to combine deep technical expertise with commercial influence and leadership, working closely with senior stakeholders across Underwriting, Risk, Finance, Pricing and Exposure Management.