Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks. Operation and development of the Lloyd's Internal Model (LIM) Calculation of market wide and Central Fund capital requirements. Ownership of the member capital calculation Supporting uses of the model across the corporation, including investment decisions Manage the annual update of the LIM to produce the Lloyd's capital requirement on several bases (over a one year and ultimate time horizon, sensitivities, with incremental changes for bridging analyses, etc) Review and challenge LIM results, providing analysis of change between updates for specific areas Support the LIM validation process Manage and promote LIM uses in the wider Lloyd's business, e.g. for the purpose of monitoring risk appetites Investigate differences between Lloyd's view of syndicate risk and syndicates' own viewManage the annual update of the LIM to produce syndicate & member capital requirements on several bases (over a one year and ultimate time horizon, with incremental changes for bridging analyses, etc.) Manage the regular update of the documentation of the LIM to ensure that it remains fit for purpose, useful and complies with regulatory requirements. During a Major Model change application, support in co-ordination and delivery of the documentation package. This requires direct production of key documents and drawing on technical resource to deliver supporting documentation Experience in non-life insurance work, preferably with some exposure across a range of work areas and significant capital modelling experience. Experience in leading project work to completion. Knowledge of the actuarial techniques involved in non-life insurance capital work, including the requirements of UK Solvency II. Knowledge of various IT tools including Excel, Word, PowerPoint. Knowledge of capital modelling tools including Tyche, Remetrica, Igloo or similar. Knowledge of programming languages including R, Python or similar Qualified as a fellow of the Institute and Faculty of Actuaries (or equivalent)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 . 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. Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.We will invest in attracting the best talent to Lloyd's, making sure recruitment is targeted at bringing in the skills we need to evolve.We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.
Feb 20, 2026
Full time
Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks. Operation and development of the Lloyd's Internal Model (LIM) Calculation of market wide and Central Fund capital requirements. Ownership of the member capital calculation Supporting uses of the model across the corporation, including investment decisions Manage the annual update of the LIM to produce the Lloyd's capital requirement on several bases (over a one year and ultimate time horizon, sensitivities, with incremental changes for bridging analyses, etc) Review and challenge LIM results, providing analysis of change between updates for specific areas Support the LIM validation process Manage and promote LIM uses in the wider Lloyd's business, e.g. for the purpose of monitoring risk appetites Investigate differences between Lloyd's view of syndicate risk and syndicates' own viewManage the annual update of the LIM to produce syndicate & member capital requirements on several bases (over a one year and ultimate time horizon, with incremental changes for bridging analyses, etc.) Manage the regular update of the documentation of the LIM to ensure that it remains fit for purpose, useful and complies with regulatory requirements. During a Major Model change application, support in co-ordination and delivery of the documentation package. This requires direct production of key documents and drawing on technical resource to deliver supporting documentation Experience in non-life insurance work, preferably with some exposure across a range of work areas and significant capital modelling experience. Experience in leading project work to completion. Knowledge of the actuarial techniques involved in non-life insurance capital work, including the requirements of UK Solvency II. Knowledge of various IT tools including Excel, Word, PowerPoint. Knowledge of capital modelling tools including Tyche, Remetrica, Igloo or similar. Knowledge of programming languages including R, Python or similar Qualified as a fellow of the Institute and Faculty of Actuaries (or equivalent)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 . 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. Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.We will invest in attracting the best talent to Lloyd's, making sure recruitment is targeted at bringing in the skills we need to evolve.We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.
Following the recent opening of our new, modern Edinburgh office and the appointment of our new Actuarial Consulting Partner for Edinburgh, we have an exciting, permanent opportunity for a 'Principal, Senior Consulting Actuary' (hybrid working). We are looking for a Senior player in the market to join us at Principal level (with a next step progression route to Partner) to help drive forward the success of our growing actuarial team and expand our Edinburgh office. Our services are designed to support trustees and employers by delivering pragmatic advice which brings clarity to complex issues such as investing assets, de risking, longevity, risk management and the impact of legislative changes. We undertake a range of services for clients including full service actuarial consulting, investment consultancy and standalone projects such as mergers and acquisitions. We also have opportunities for our Bristol, Cheltenham, London, Leeds, Liverpool, Manchester, Glasgow and Edinburgh office at varying levels from Actuarial Consultant through to Senior Consulting Actuary (Principal) so get in touch if this position isn't quite right for you. Snapshot of your day Managing a portfolio of Scheme Actuary appointments Managing client relationships Meeting with clients and prospects Monitoring fee recovery rates Managing the team and checking work to ensure high quality output is delivered within agreed timeframes Taking ownership of any problems and complaints and ensure that correct procedures are followed Assisting with the training, coaching and development of the team and acting as a mentor to actuarial staff Supporting with recruiting activity and interviewing Developing relationships with potential new clients through networking Helping prepare new business tenders and presenting our services at new business pitches as required Identifying new ways that the firm (including other practice areas) can help support our clients Seeking ways to promote the brand and profile of the Firm e.g. external talks or seminars We would love to hear from you if you have: Scheme Actuary practicing certificate or working towards - or equivalent Proven experience across a wide range of Trustee consulting and management responsibilities Qualified actuary - Fellowship Actuarial Qualifications FIA / FAA or equivalent What's in it for you: Competitive discretionary annual bonus. Core benefits paid for by BW including life assurance, group income protection, private medical cover and 25 days holiday per year with holiday trading. A generous pension scheme where we contribute 8% of your salary from day one of your employment. Employee Assistance Programme to support you and your family through any concerns or challenges you may experience. A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, extension of private medical cover or life assurance to family members, Sports Allowance - we pay up to 50% of your gym/sports membership (up to 50 pm), travel insurance, paid volunteering, and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.
Feb 14, 2026
Full time
Following the recent opening of our new, modern Edinburgh office and the appointment of our new Actuarial Consulting Partner for Edinburgh, we have an exciting, permanent opportunity for a 'Principal, Senior Consulting Actuary' (hybrid working). We are looking for a Senior player in the market to join us at Principal level (with a next step progression route to Partner) to help drive forward the success of our growing actuarial team and expand our Edinburgh office. Our services are designed to support trustees and employers by delivering pragmatic advice which brings clarity to complex issues such as investing assets, de risking, longevity, risk management and the impact of legislative changes. We undertake a range of services for clients including full service actuarial consulting, investment consultancy and standalone projects such as mergers and acquisitions. We also have opportunities for our Bristol, Cheltenham, London, Leeds, Liverpool, Manchester, Glasgow and Edinburgh office at varying levels from Actuarial Consultant through to Senior Consulting Actuary (Principal) so get in touch if this position isn't quite right for you. Snapshot of your day Managing a portfolio of Scheme Actuary appointments Managing client relationships Meeting with clients and prospects Monitoring fee recovery rates Managing the team and checking work to ensure high quality output is delivered within agreed timeframes Taking ownership of any problems and complaints and ensure that correct procedures are followed Assisting with the training, coaching and development of the team and acting as a mentor to actuarial staff Supporting with recruiting activity and interviewing Developing relationships with potential new clients through networking Helping prepare new business tenders and presenting our services at new business pitches as required Identifying new ways that the firm (including other practice areas) can help support our clients Seeking ways to promote the brand and profile of the Firm e.g. external talks or seminars We would love to hear from you if you have: Scheme Actuary practicing certificate or working towards - or equivalent Proven experience across a wide range of Trustee consulting and management responsibilities Qualified actuary - Fellowship Actuarial Qualifications FIA / FAA or equivalent What's in it for you: Competitive discretionary annual bonus. Core benefits paid for by BW including life assurance, group income protection, private medical cover and 25 days holiday per year with holiday trading. A generous pension scheme where we contribute 8% of your salary from day one of your employment. Employee Assistance Programme to support you and your family through any concerns or challenges you may experience. A comprehensive range of voluntary benefits to suit you (and your family) including an electric car leasing scheme, tech scheme, cycle to work scheme, dental cover, healthcare cash plan, health assessments, critical illness cover, extension of private medical cover or life assurance to family members, Sports Allowance - we pay up to 50% of your gym/sports membership (up to 50 pm), travel insurance, paid volunteering, and a broad range of discounts at hundreds of retailers including supermarkets, fitness centres, travel and leisure companies.
Overview Are you a qualified non-life actuary, looking for your next senior position within a leading London Market firm? This is an exceptional opportunity to take responsibility for capital oversight, managing a risk-based process for the review of the capital model and resulting capital submission. You will also conduct and manage the detailed review of the internal model, updating senior management on issues and developments arising from the review process. With a strong awareness of what makes a successful and transparent culture of risk management, the successful candidate will possess excellent interpersonal and collaborative skills coupled with a thirst for innovation. Capital modelling skills are also a key requirement, as is knowledge of (or an interest in) VBA, R and capital modelling tools. So what are you waiting for? Apply now and take the next step on your career ladder within a major global firm. Responsibilities Take responsibility for capital oversight and manage a risk-based process for the review of the capital model and resulting capital submission. Conduct and manage the detailed review of the internal model and communicate issues and developments to senior management. Support a culture of risk management that is transparent and collaborative. Qualifications Qualified non-life actuary seeking a senior position within a London Market firm. Capital modelling skills and knowledge of capital modelling tools. Knowledge of or interest in VBA and R. Excellent interpersonal and collaborative skills and a drive for innovation. Apply Ready to take the next step? Please apply to be considered for this position at a major global firm.
Feb 08, 2026
Full time
Overview Are you a qualified non-life actuary, looking for your next senior position within a leading London Market firm? This is an exceptional opportunity to take responsibility for capital oversight, managing a risk-based process for the review of the capital model and resulting capital submission. You will also conduct and manage the detailed review of the internal model, updating senior management on issues and developments arising from the review process. With a strong awareness of what makes a successful and transparent culture of risk management, the successful candidate will possess excellent interpersonal and collaborative skills coupled with a thirst for innovation. Capital modelling skills are also a key requirement, as is knowledge of (or an interest in) VBA, R and capital modelling tools. So what are you waiting for? Apply now and take the next step on your career ladder within a major global firm. Responsibilities Take responsibility for capital oversight and manage a risk-based process for the review of the capital model and resulting capital submission. Conduct and manage the detailed review of the internal model and communicate issues and developments to senior management. Support a culture of risk management that is transparent and collaborative. Qualifications Qualified non-life actuary seeking a senior position within a London Market firm. Capital modelling skills and knowledge of capital modelling tools. Knowledge of or interest in VBA and R. Excellent interpersonal and collaborative skills and a drive for innovation. Apply Ready to take the next step? Please apply to be considered for this position at a major global firm.