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We’re looking for a Senior Capital Actuary to play a key role in delivering our regulatory and economic capital modelling, supporting both Solvency II reporting and strategic decision-making across the business. Sitting within our Capital Modelling team, you’ll contribute to the development and ongoing enhancement of our Internal Model (Igloo) ensuring it remains robust, compliant, and aligned to business needs. You’ll work closely with stakeholders across the organisation, translating complex modelling outputs into clear, actionable insights for senior leaders, committees, and regulators. Alongside hands-on technical delivery, you’ll also support and mentor more junior actuaries, helping to shape the future of the team.
Job Responsibility
Contribute to the production of both regulatory capital (Solvency II) and internal economic capital requirements
Support the ongoing development and maintenance of the Internal Model
Hands-on involvement in Igloo coding, parameter updates, and governance enhancements
Improve the calculation kernel and parameterisation processes
Help ensure the model remains fully compliant, responding to regulatory feedback
Proactively identify, assess, and escalate any limitations or risks
Work across the full end-to-end annual model update cycle
Produce clear and insightful reports for senior stakeholders and regulators
Build strong relationships across the business
Support the development of junior team members
Requirements
Qualified Actuary (IFoA or equivalent)
Strong experience of Solvency II / UK Internal Model frameworks
Proven capital modelling experience, with strong knowledge of stochastic methods
Experience within personal lines insurance (e.g. Motor, Household)
Previous experience leading or mentoring others
Experience using actuarial modelling platforms (e.g. Igloo or similar)
Strong stakeholder management skills, with the ability to influence and communicate at senior level
Ability to translate complex technical outputs into clear business insights
Strong presentation skills, with experience engaging Boards, NEDs, or regulators
Highly organised, with the ability to manage multiple priorities and deadlines
Advanced Excel and wider Microsoft Office skills
Nice to have
Strong commercial awareness, with the ability to link modelling outputs to business strategy
Experience improving or automating modelling processes
What we offer
33 days holiday (including bank holidays) upon joining, increasing up to 38 days
Option to buy or sell up to an additional five days of annual leave
Eligible for up to £3,600 of free shares each year after one year of service