Technical Lead Actuary, Syndicate Capital

Career Spotlight: Technical Lead Actuary – Syndicate Capital at Lloyd's

For ambitious actuaries seeking a high-impact role at the forefront of the insurance and reinsurance market, the Technical Lead Actuary – Syndicate Capital position at Lloyd's presents a compelling opportunity. This role offers a chance to shape the future of risk management and contribute to a more resilient and sustainable global economy.

Lloyd's, as the world's leading insurance and reinsurance marketplace, fosters a culture of collective intelligence and risk-sharing. If you are driven by innovation, possess a strong sense of purpose, and value collaboration, you will find a true home here. This position is ideal for actuaries who are eager to leverage their expertise to inspire courage and enable progress by mitigating today's risks.

Advantages for Aspiring Candidates:

• Market Leadership & Influence: Take a pivotal role in the oversight and development of syndicate capital models for the world's leading insurance marketplace. Your work will directly influence regulatory compliance, market stability, and the advancement of actuarial excellence globally.
• Strategic Impact: Contribute to strategic innovation in capital setting methodologies, particularly for emerging market entrants and in alignment with Lloyd's overarching strategic objectives. You will be at the cutting edge of evolving risk management practices.
• Expertise & Development: Deepen your technical knowledge through expert review and challenge of syndicate capital models, including annual submissions and major model changes. You will also have the opportunity to mentor and develop junior actuaries, fostering professional growth and technical excellence within the team.
• Cross-Functional Collaboration: Work closely with diverse internal functions such as Underwriting, Exposure Management, and Reserving, ensuring a holistic and effective approach to capital oversight.
• Stakeholder Engagement: Engage directly with senior stakeholders, including internal committees, syndicates, and regulatory bodies like the PRA. This provides invaluable experience in communicating complex technical findings and responding to critical challenges.
• Market Shaping: Influence market behaviour and understanding through external communications, feedback, and presentations, establishing yourself as a thought leader in capital-related matters.
• Commitment to Diversity & Inclusion: Lloyd's is dedicated to building a diverse and inclusive environment that mirrors the global markets it serves. You will benefit from workplace adjustments, health and wellbeing programs, D&I training, employee networks, mentoring, and significant investment in your professional development.
• Work-Life Balance & Flexibility: The role embraces a hybrid working model, offering a great level of flexibility. Beyond this, a comprehensive total reward package includes a generous pension, healthcare, wellbeing benefits, financial support for training and development, a flexible benefit allowance, employee recognition schemes, and various discount programs.

Key Considerations for Your Career Path:

• Extensive Capital Modelling Experience: A strong track record in non-life insurance capital modelling, with a deep understanding of model validation, parameterisation, and scenario testing, is crucial. Familiarity with specific modelling platforms is highly advantageous.
• London Market Acumen: Proven experience within the Lloyd's or broader London Market environment is essential for understanding market dynamics, syndicate operations, and the strategic importance of capital oversight.
• Regulatory Knowledge: A robust understanding of Solvency II/UK regulatory frameworks, Lloyd's Capital Guidance, and other relevant capital requirements is a prerequisite.
• Leadership and Project Management: The ability to lead and deliver complex actuarial projects to completion, coupled with strong project management principles, will be key to success.
• Communication Skills: The capacity to translate intricate technical concepts into clear, actionable insights for both technical and non-technical audiences is vital for effective stakeholder engagement.
• Fully Qualified Actuary: Candidates must hold FIA status (or equivalent) from the UK Institute and Faculty of Actuaries (IFoA).

This Technical Lead Actuary role at Lloyd's offers more than just a job; it's an opportunity to join a dynamic and forward-thinking organisation that is committed to building a braver future. If you are a qualified actuary with a passion for innovation, a desire to lead, and a commitment to ethical practice, this position could be the perfect catalyst for your next career advancement.