Lloyd's Reporting Actuary

Axis Capital; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

Join a leading global provider of specialty lines insurance and reinsurance as you assist in coordinating reporting requirements for Lloyd’s syndicates. This role involves managing regulatory filings, peer reviews, and collaborating with various teams to ensure compliance and accuracy in reporting. We value diverse experiences and encourage you to bring your expertise to help us achieve our goals. A competitive benefits package is included.

Benefits

Medical plans for you and your family

Health and wellness programs

Retirement plans

Tuition reimbursement

Paid annual leave

Qualifications

• Industry experience ideally with a Lloyd’s background in reserving, capital, or modelling roles.
• Qualified/near qualified as a Fellow of the Institute and Faculty of Actuaries, or equivalent.

Responsibilities

• Manage regulatory requirements and filings for the Lloyd’s syndicate.
• Peer review assumptions and projections from a legal entity perspective.
• Work closely with the capital modelling team on bi-annual submissions.

Skills

Communication

Organizational Skills

Proactivity

Education

Bachelor’s degree

Fellow of the Institute and Faculty of Actuaries

Tools

Excel

SQL Server

VBA

ResQ

Tableau

Oracle

Job description

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking, and superior risk-adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined, and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

How does this role contribute to our collective success?

AXIS Managing Agency is a top 10 player in the Lloyd’s market. It is also the largest platform for writing business within the AXIS Group.

This position will assist in coordinating the reporting requirements for the two Lloyd’s syndicates. You may also be required to take on additional duties, responsibilities, and activities appropriate to the nature of this role.

What will you do in this role?

KEY DUTIES & RESPONSIBILITIES:

1. Day to day management of ensuring all regulatory requirements and filings are made for the Lloyd’s syndicate and/or the PRA.
2. Peer review of assumptions and projections from a legal entity perspective.
3. Manage the calculation of the technical provisions and standard formula for Solvency II and other regulatory reserving bases including UK GAAP.
4. Work closely with the capital modelling team on production of the bi-annual capital submissions to Lloyd’s.
5. Work with pricing and FP&A to produce the Lloyd’s SBF submission ensuring the assumptions made are consistent with those being used elsewhere in the Group.
6. Liaise with external consultants in coordinating the provision of actuarial opinions and reports.
7. Assist in the main GAAP reserving exercise and other related projects where required.
8. Support legal entity finance controllers.
9. Assist in communicating results to the Syndicate Executive Committee and Board.

About You:

We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might fulfill this role and help us achieve our goals.

What you need to have:

REQUIRED EDUCATION/TRAINING & EXPERIENCE:

• Bachelor’s degree or equivalent experience
• Industry experience ideally with a Lloyd’s background in reserving, capital, or modelling roles.
• Qualified/near qualified as a Fellow of the Institute and Faculty of Actuaries, or equivalent.

What we prefer you to have:

OTHER DESIRED SKILLS & CHARACTERISTICS:

• Strong communication and interpersonal skills.
• Self-starter, proactive, and prepared to operate autonomously.
• Ability to develop, recommend, and implement new approaches.
• Excellent organizational skills and a strong attention to detail.
• Intermediate to advanced Excel, SQL Server, VBA capabilities; additional experience with ResQ, Tableau, and/or Oracle or similar applications is a plus but not essential if there is a willingness to learn.
• Ability to work occasional extended hours as required.

Role Factors:

In this role, you will be required to be in the office 2-3 days per week.

What we offer:

You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.