Senior Actuary, Capital Oversight

Location: Greater London

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Lloyd’s are recruiting for a Senior Actuary, Capital Oversight this role is a Senior Actuarial Position, demonstrating technical expertise and management of work areas within the Capital Oversight team. Principal Accountabilities Syndicate Capital Reviews Independently conduct reviews of syndicate-level capital, including:
* Assessing capital requirements across key risk areas such as premium, reserve, market, credit, and operational risks, as well as diversification and dependency assumptions.
* Evaluating key metrics (e.g., movement metrics and benchmarks) and critically reviewing syndicates’ justifications, which may involve analysis of validation results.
* Reviewing syndicates against the Capital Principle of the Principles of Doing Business at Lloyd’s. Reviews will include annual reviews of syndicate capital, major model change reviews, deep dive reviews, governance reviews and reviews of internal model applications (IMAPs). In addition, they will include capital reviews of new entrants to the Lloyd's market, for example for syndicates setting capital using the Lloyd's Standard Model.

There may also be the opportunity to contribute to thematic reviews. Communications
* Interact with external stakeholders, including being a designated point of contact for managing agents, which includes interaction with managing agent actuarial teams matters arising as part of capital oversight.
* Present findings and recommendations to the Actuarial Oversight Review Group (AORG), articulating conclusions on capital model assessments and syndicate capital adequacy, and effectively responding to challenges.
* Liaise with internal teams as required as part of capital review or other oversight activity, including Syndicate Performance, Exposure Management and Outwards Reinsurance to ensure consistent and co-ordinated approaches.
* Contribute to communications and/or briefings with the market and the regulator. Leadership expectations
* Lead the work of and coach more junior members of the team. providing guidance and technical assistance.
* Potential line management responsibilities for junior team members in the syndicate capital team.
* Assume project leads responsibilities, managing these projects to successful delivery
* Provide internal training to the capital oversight team, or other Lloyd's teams.
* Support the Head of Capital Oversight with respect of the strategic direction of the team  Skills/Knowledge/Experience
* Significant experience in non-life insurance and capital modelling.
* Knowledge of actuarial techniques and regulatory frameworks relevant to capital oversight.
* Experience in delivering complex work output, including supervising work, and communicating this to an audience. Ability to design and implements analytical approaches to address specific questions and suggests solutions to any practical barriers to the completion of analysis, drawing on experience from related work areas.
* Ability to lead and coach more junior members of the team.
* Project management skills with experience in delivering complex initiatives.
* Excellent communication and stakeholder management skills, able to influence and collaborate effectively.
* Familiarity with IT tools (Excel, SharePoint). 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…