Senior Actuary (Capital Oversight)

lloyds; Greater London; On-site; GBP 95,000 - 130,000; Full time

Job summary

Lloyd's is seeking a Senior Actuary (Capital Oversight) for its London-based team. You will provide independent challenge and oversight of syndicate capital, influencing decisions that support a robust and well-capitalised market.

You’ll lead capital reviews, oversee model changes, and present findings to senior governance forums, working with managing agents and actuarial teams while coaching colleagues.

Qualifications

• Qualified actuary with significant capital modelling experience.
• Strong non-life insurance expertise.
• Knowledge of actuarial techniques and capital regulation.
• Experience reviewing and challenging complex analysis.
• Strong communication and stakeholder management skills.
• Proven ability to lead work and support others.
• Proficiency in Excel and SharePoint.

Responsibilities

• Lead reviews across risk areas: premium, reserve, market, credit and operational risk.
• Oversee capital model assumptions, methodology and validation.
• Conduct annual capital reviews and major model changes.
• Perform governance reviews and IMAP assessments.
• Provide independent challenge and present recommendations to senior governance forums.
• Lead projects and coach colleagues in capital oversight.

Skills

Capital modelling

Non-life insurance

Actuarial techniques

Complex analysis

Communication

Stakeholder management

Leadership

Education

Fellow actuarial qualification

Tools

Excel

SharePoint

Job description

Lloyd's is the world's leading insurance and reinsurance marketplace, bringing together the world's leading risk takers to advance global progress.

Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd's market - while continuing to build a Lloyd's we are proud of.

How we deliver this, matters. We take the risk, make things happen, and own the outcome - working together across our global network to turn insight into impact.

Lloyd's is seeking to recruit a Senior Actuary (Capital Oversight), you'll provide independent challenge and oversight of syndicate capital, influencing decisions that support a robust and well-capitalised market.

What you'll do

You’ll lead reviews across:

• Premium, reserve, market, credit and operational risk
• Capital model assumptions, methodology and validation
• Diversification and dependency assessments
• Compliance with Lloyd's Capital Principles

Your work will include:

• Annual capital reviews
• Major model changes
• Deep dives and governance reviews
• IMAP assessments
• New entrant reviews
• Market-wide thematic projects

You’ll work closely with managing agents and actuarial teams, delivering clear, evidence-based conclusions and presenting recommendations to senior governance forums.

As a senior member of the team, you’ll lead projects, coach colleagues and provide technical guidance. You’ll help shape our approach to capital oversight while building trusted relationships across the market and within Lloyd's.

What you'll bring

• Qualified actuary with significant capital modelling experience
• Strong non-life insurance expertise
• Knowledge of actuarial techniques and capital regulation
• Experience reviewing and challenging complex analysis
• Strong communication and stakeholder management skills
• Proven ability to lead work and support others
• Proficiency in Excel and SharePoint

Why Lloyd's

Lloyd's brings together the world's leading risk takers to advance global progress. Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd's market. You’ll join a collaborative and inclusive environment where diverse perspectives are valued, curiosity is encouraged and your expertise can make a real impact.

Being inclusive at Lloyd's is integral to how we work - and how we deliver impact.

We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential.

We take the risk by challenging traditional thinking and being proactive about inclusion. That means being open and positive about workplace adjustments, prioritising health and wellbeing, and investing in diversity and inclusion training so everyone feels able to contribute and succeed.

We make things happen by turning our commitment into action. Through employee networks, mentoring, volunteering opportunities and sustained investment in professional development, we create an environment where inclusion is experienced day‑to‑day - not just talked about.

We own the outcome by focusing on impact. By bringing together diverse perspectives and the best minds in the industry, we work collaboratively with underwriters and brokers to create innovative, responsive solutions that share risk and solve complex problems across global markets.