Life Actuary; Capital

Key Responsibilities

• Analyse demographic and economic experience to support actuarial assumptions.
• Perform calibration of stresses within the internal capital model.
• Design, execute and review stress testing to support internal model development and capital management.
• Support the ongoing enhancement and validation of capital methodologies.
• Produce high-quality actuarial analysis and reporting to support regulatory requirements and business decision-making.
• Contribute to capital and change projects, including model enhancements and process improvements.
• Present technical findings and recommendations to a range of stakeholders across the business.
• Support the continuous development of actuarial models, assumptions and methodologies.

This opportunity is suited to a nearly qualified or newly qualified actuary looking to develop their career within capital and risk.

To be successful, you'll have:

• Nearly qualified (typically 1-2 actuarial exams remaining) or recently qualified.
• Experience with in UK life insurance.
• A strong understanding of Solvency II / Solvency UK requirements (essential).
• Experience in one or more of:
  • Internal model development or maintenance
  • Capital management
  • Actuarial risk management
• Exposure to calibration, stress testing or capital modelling activities.
• Strong analytical skills and the ability to apply sound actuarial judgement to complex problems.
• Excellent communication skills, with the confidence to explain technical concepts to a range of stakeholders and build effective working relationships across the business.
• Experience using Emblem, GLMs or R would be advantageous.

• Significant involvement in internal model calibration and stress testing.
• Exposure to strategic capital initiatives and business change projects.
• A collaborative actuarial team with opportunities to learn from experienced colleagues.
• Regular interaction with senior stakeholders across Finance and Risk.
• A role that combines technical depth with commercial impact.