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Capital Actuary

United Kingdom, London · Job Posted March 20, 2026
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Job Description

To be responsible for the Group’s capital model.

Job Responsibility

  • To maintain and develop the internal model so that it continues to reflect the risk profile
  • To prepare the Internal Model Capital Assessments
  • To use the internal model to answer business and risk management questions
  • To ensure that the capital model meet the Solvency II standards
  • To develop understanding of the business that will assist producing analysis to use the internal model output
  • To develop understanding of the regulatory approaches that will assist presenting internal model output
  • To comply with relevant Beazley procedures and policies

Requirements

  • University degree, post-graduate preferred, in a quantitative or analytical discipline
  • Part qualified actuary or willing to undertake the actuarial exams. Ideally seeking nearly/newly qualified
  • Proven ability in using databases (familiarity with SQL)
  • Strong modelling skills
  • Able to communicate effectively with internal staff and regulators, both verbally and in writing
  • Team worker as well as able to work on own initiative
  • General commercial and financial knowledge
  • The ability to manage time, meet deadlines and prioritise
  • Strong Programming skills with exposure to MS Excel 2007, MS Access 2007, and VBA
  • Understanding of statistical concepts and exposure to using statistical software with an ability to learn new technologies quickly
  • Professional work experience
  • exposure to insurance industry advantageous
  • Data analysis and research
  • Outcome focussed, flexible and enthusiastic
  • Interested in helping and educating others
  • Professional approach
  • Keen to interact with various departments in the group
  • Programming skills (VBA preferred)
  • Information seeking
  • Self starter
  • Willingness to learn
  • Analytical thinking
  • Problem solver
  • Team work
  • Initiative
  • Integrity
  • Accuracy

Nice to have

exposure to insurance industry advantageous

What we offer

  • Attractive base compensation and discretionary performance related annual bonus
  • Private medical insurance coverage for both you and your dependents
  • Company paid life assurance and long term disability insurance
  • Pension with 10% employer contribution, plus a further matched contribution up to 2.5%
  • 25 days of annual leave (prorated for 1st calendar year of employment), plus public holidays, with the ability to flex the religious bank holidays to suit your religious beliefs, subject to approval. Additional annual leave purchase is also available up to a maximum of five additional days per year.
  • Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
  • Up to £550 reimbursement towards home office setup
  • Free in-office lunch and monthly lifestyle allowance
  • Monthly travel allowance or annual season ticket
  • The opportunity to save for, and purchase, shares of Beazley stock
  • Six months fully paid parental leave, regardless of how you come to parenthood
  • Company paid sabbatical up to 12 weeks after 10 years of continued service
  • Support with exam/study leave and fees for relevant qualifications related to furthering education
  • Smart working policy and flexible working culture

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