Technical Lead Actuary, Syndicate Capital

Lloyd's; Camden Town; Hybrid; GBP 100,000 - 140,000; Full time

Job summary

A leading insurance marketplace in England seeks a Technical Lead Actuary to oversee syndicate capital models, ensuring regulatory compliance and fostering expertise. This role demands extensive experience in non-life insurance and capital modelling, offering a dynamic environment focused on innovation, collaboration, and professional development. Candidates with a strong understanding of the Lloyd's market will thrive in this position.

Benefits

Generous pension

Healthcare

Wellbeing programmes

Flexible benefits allowance

Qualifications

• Extensive experience in non-life insurance, especially capital modelling.
• Proven track record within the Lloyd's or London Market.
• Ability to present findings to senior management and regulators.

Responsibilities

• Lead technical review and challenge of syndicate capital models.
• Act as decision maker in the capital approval process.
• Mentor and develop junior actuaries.

Skills

Capital modelling expertise

Communication of technical concepts

Analytical tools & techniques

Market dynamics awareness

Governance & oversight understanding

Leadership in complex actuarial projects

Education

Fully qualified Actuary with FIA status

Tools

Actuarial modelling platforms (e.g., Igloo, ReMetrica, Tyche)

Job description

Responsibilities

• Lead the technical review and challenge of syndicate capital models, including annual submissions, deep dives, and major model changes, to ensure robustness and regulatory compliance.
• Act as a decision‑maker in the capital approval process by peer reviewing technical papers and supporting the Head of Capital Oversight and Chief Actuary in oversight activities.
• Provide subject matter expertise on complex capital modelling issues, offering guidance to internal teams and contributing to the development of best practices.
• Mentor and develop junior actuaries, promoting technical excellence and professional growth within the team.
• Collaborate with internal functions such as Underwriting, Exposure Management, and Reserving to ensure aligned and effective oversight.
• Engage with senior stakeholders, including internal committees, syndicates, and regulators (e.g., PRA), to communicate findings and respond to challenges.
• Influence market behaviour and understanding through external communications, feedback, and presentations on capital‑related matters.
• Contribute to the innovation and evolution of capital setting methodologies, particularly for new market entrants and in support of Lloyd's strategic objectives.
• Lead or support projects aimed at enhancing capital oversight processes and methodologies, applying strong project management principles.

Qualifications

• Extensive experience in non‑life insurance, with a strong focus on capital modelling and exposure to related areas such as reserving.
• Proven track record of working within the Lloyd's or London Market environment.
• Demonstrated ability to lead and deliver complex actuarial projects to completion.
• Experience in presenting technical findings and strategic recommendations to senior management and external stakeholders, including regulators.
• Capital Modelling Expertise: In‑depth knowledge of non‑life capital modelling techniques, including model validation, parameterisation, and scenario testing, ideally within the Lloyd's or London Market context.
• Regulatory Frameworks: understanding of Solvency II/UK, Lloyd's Capital Guidance, and broader regulatory capital requirements.
• Market Dynamics: Awareness of the Lloyd's market structure, syndicate operations, and the strategic role of capital oversight in market stability.
• Analytical Tools & Techniques: Familiarity with actuarial modelling platforms (e.g., Igloo, ReMetrica, Tyche) and data analysis tools used in capital modelling.
• Governance & Oversight: Understanding internal governance processes, risk management frameworks, and the role of actuarial input in regulatory decision‑making.
• Communication of Technical Concepts: Ability to translate complex technical findings into clear, actionable insights for both technical and non‑technical stakeholders.
• Fully qualified Actuary with FIA status (or equivalent) from the UK Institute and Faculty of Actuaries (IFoA).

Lloyd's is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that's more sustainable, resilient and inclusive, you'll find a home at Lloyd's - build a braver future with us.

Lloyd's are recruiting for a Technical Lead Actuary – Syndicate Capital. You will lead the oversight and development of syndicate capital models at Lloyd's through expert technical review, strategic innovation, and cross‑functional collaboration, ensuring regulatory compliance, market influence, and the advancement of actuarial excellence.

Diversity and inclusion are a focus for us – Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.