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Actuarial

Economic Capital Lead

Greater London, South East, England
£140000 - £160000 per annum
Permanent
Job Ref:BH-25710
A leading specialty insurer and reinsurer is seeking an experienced Capital Modelling Actuary to take ownership of key economic capital models and play a pivotal role in the continued development of the firm's capital framework.

This is a newly created leadership opportunity sitting within a well-regarded capital function, offering significant exposure to senior stakeholders and the opportunity to directly influence business strategy.

You will be responsible for the end-to-end ownership, enhancement and embedding of economic capital models across multiple insurance and reinsurance entities. Unlike many capital roles, this position is focused more on economic capital and business decision-making, rather than Lloyd's regulatory capital reporting.

A key focus will be ensuring model outputs are embedded across the business and actively used within strategic planning, underwriting, capital allocation and risk management decisions.

Key Responsibilities
  • Lead the development, maintenance and enhancement of economic capital models
  • Own model parameterisation, calibration and reporting processes
  • Drive model use and business embedding initiatives
  • Deliver insights to executive stakeholders and committees
  • Support business planning, capital allocation and strategic decision-making
  • Lead model development projects and methodology improvements
  • Manage and develop junior actuarial team members
  • Work closely with underwriting, exposure management, reserving and risk teams
Requirements
  • Qualified Actuary (IFoA or equivalent)
  • Extensive capital modelling experience within general insurance
  • Strong understanding of economic capital frameworks
  • Proven experience embedding model outputs into business decision-making
  • Previous people management experience
  • Strong stakeholder management and influencing skills
  • Igloo experience highly advantageous
Apply now
Consultant
Sarah Reid
Actuarial

Sarah
Reid

Senior Consultant

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