Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.
Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.
Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.
Lloyd's are seeking to recruit a Lead Actuary (Capital Oversight) you will play a pivotal leadership role within the Capital Oversight team, driving strategic initiatives and delivery of the market oversight plan for capital in relation to market-wide risks, as well as ensuring smooth delivery of key processes, fostering team culture, and driving strategic initiatives. This position combines people management, project oversight, technical knowledge and cross-functional collaboration to support Lloyd’s capital oversight framework.
Principal Accountabilities
Leadership & People Management
Act as the Capital Oversight representative to the Deputy Leadership team within Market Reserving and Capital, fostering a positive team culture and well-being. Act as deputy for the Head of Capital Oversight when required.
Support the Head of Capital Oversight with team objectives setting and performance reviews.
Line manage a subset of senior team members (shared responsibility with Head of Capital Oversight).
Lead regular team check-ins and support team meetings within the Capital Oversight team.
Support the Capital Oversight Technical Lead to deliver training and mentoring for junior team members to build technical capability and confidence.
Capital Reviews & Technical Oversight
Lead the delivery of the market oversight plan for capital with regards to market-wide risks and other high-profile projects requiring technical and strategic input.
Lead capital oversight for new entrants to the Lloyd’s market.
Peer review team members' reviews of syndicates’ capital, including annual capital reviews, major model changes, and deep dive reviews.
Operational Oversight & Project Management
Support the Head of Capital Oversight in:
Managing the relationship with the PRA, in particular driving regular oversight meetings.
Managing the relationship with the market, in particular preparing and delivering market communications and briefings.
Maintaining and evolving the risk and oversight framework.
Overseeing project delivery within the team, ensuring timelines and quality standards are met.
Stakeholder Engagement & Relationships
Act as a point of contact for more complex syndicates, ensuring effective communication and coordination.
Build and lead strong relationships with Senior Managers in other internal teams (e.g., Risk, Exposure Management, Performance Management) to ensure consistent and collaborative approaches.
Represent the team in cross-functional forums.
Prepare conclusions and recommendations for various Executive committees.
Skills, Knowledge & Experience
Qualified actuary with significant experience in non-life insurance and capital modelling.
Ability to lead teams, manage performance, and foster a positive culture.
Strong project management skills with experience in delivering complex initiatives.
Excellent communication and stakeholder management skills, able to influence and collaborate effectively.
Knowledge of actuarial techniques and regulatory frameworks relevant to capital oversight.
Ability to think strategically, drive process improvements, and manage ambiguity effectively.
Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website.
We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.
By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.
Should you require any additional support with your application, or any adjustments, please click the following link;
https://cleartalents.com/apply/lloyds-msa1645695881
Please note, clicking on this link does not register your application for the vacancyTop Skills
Lloyd's London, England Office
One Lime Street, London, United Kingdom, EC3M 7HA
