Posted: | 11/09/24 | |
Recruiter: | james joseph associates | |
Reference: | 2821679078 | |
Type: | Permanent | |
Salary: | £120,000 - £140,000 Annual Circa 20% Bonus + Pension + bens | |
Location: | City, London | |
Description: | A well-established and growing Lloyd's Syndicate Insurance firm is looking for a Capital Modelling Actuary. In this role, you will lead a team responsible for managing and operating the capital model, ensuring it complies with both regulatory and internal stakeholder needs. You will also work closely with the Head of Capital to support the Board and senior management on matters related to capital requirements and the strategic use of the capital model. Additionally, you'll oversee the data sets and processes required for the model's efficient operation. The role requires actuarial expertise equivalent to that of a UK FIA-qualified actuary, along with strong IT skills. Proficiency in WTW Igloo is essential, as the model is built on this platform, and coding skills in Excel VBA and R are advantageous. A solid understanding of General Insurance is required. Familiarity with regulatory frameworks, including Lloyd s, PRA, and Solvency II requirements, is also important. THE ROLE: Senior Actuary Capital Modelling Maintain comprehensive records of all work to enable validators and other reviewers to effectively assess and evaluate it, while providing key support to the validator. Consistently uphold and reflect the company's values in all daily activities, ensuring that interactions and tasks are carried out with the utmost ethical and professional standards, and that all work is completed to a high quality in alignment with the company's principles. Additionally, be prepared to take on any other reasonable tasks as directed by line management. Responsible for all aspects of running the capital model your duties will include .
SKILLS / EXPERIENCE REQUIRED: Senior Actuary Capital Modelling
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