Capital Modelling Manager

Location: London / 2-3 days per week in officeSalary: Competitive, dependent on experience

We are working with a well-established Lloyd's syndicate who are looking to appoint a Capital Modelling Manager to join their team.

This is a broad capital role covering the production and delivery of regulatory and economic capital requirements, development and use of the capital model, and supporting the business with capital and risk-related decisions.

You will be responsible for managing key capital modelling processes, including:

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• Production of Lloyd's SCRs and economic capital requirements
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• Managing the parameterisation and development of the capital model
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• Assessing and addressing limitations within capital modelling methodologies
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• Supporting model validation and maintaining Internal Model documentation
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• Embedding the use of the capital model across the business and supporting decision-making
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• Providing capital analysis around areas such as underwriting portfolios, reinsurance and investment strategy
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• Managing capital allocation and risk appetite assessments
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• Supporting the ORSA and liaising with Lloyd's and the PRA
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• Managing and developing members of the capital modelling team
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We are looking for a qualified GI actuary with:

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• Strong capital modelling experience within Lloyd's
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• Experience of stochastic modelling of insurance risks
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• Experience managing projects and/or people
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• Strong communication skills and experience presenting to senior stakeholders
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• Good knowledge of Igloo or equivalent capital modelling software
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• A good understanding of the Solvency UK framework
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Experience overseeing Lloyd's SCRs, working with regulators, portfolio optimisation or strategic use of capital models would be advantageous.

If you're a qualified actuary with a strong capital modelling background and are interested in finding out more, please get in touch for a confidential discussion.

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