Lead Capital Actuary

• Lead and manage the teams responsible for regulatory capital calculations and submissions (including SCR, validation reporting and associated governance)
• Internal model development, maintenance and ongoing validation
• Maintain, develop and enhance the internal capital model so that it continues to appropriately reflect the risk profile and business strategy
• Own the regulatory submissions, acting as a key contact for regulators
• Ensure that the internal model, validation framework and capital submissions meet all applicable Solvency II and internal governance standards
• Lead model change, validation and regulatory approval processes, including preparation for regulatory reviews
• Develop and embed robust model governance, documentation and controls
• Build and maintain strong working relationships with Risk, Finance, Underwriting and Compliance teams
• Develop a understanding of the business and risk profile to enhance the quality and relevance of capital analysis
• Coach, develop and performance-manage team members, creating a strong pipeline of actuarial talent
• Drive continuous improvement in modelling, validation and reporting processes
• Ensure compliance with relevant policies, procedures and regulatory requirements

• University degree, post-graduate preferred, in a quantitative or analytical discipline
• Part qualified actuary or willing to undertake the actuarial exams
• 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
• Using databases (familiarity with SQL)
• Programming skills (VBA preferred)
• Information seeking
• Self starter
• Willingness to learn
• Analytical thinking
• Problem solver
• Team work
• Initiative
• Integrity
• Accuracy

Exposure to insurance industry advantageous