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# Head of Risk (Qualified Actuary)Head of Risk (Qualified Actuary)Salary£NegotiableLocationDorking, UKContractPermanentIndustryLife Insurance ContactNaomi Head of Risk will support the CRO in managing risk exposures, ensuring they are identified, assessed, and controlled. Responsibilities include overseeing risk strategy, advising leadership, managing risk reporting, and leading operational risk oversight. The role requires a qualified actuary with significant experience in risk management within insurance. Visa sponsorship cannot be offered now or in the future. 1. About the role: Support the CRO in managing and reporting on risk exposures, ensuring appropriate identification, assessment, control, and reporting of risks. Oversee the development and execution of the risk strategy and framework, ensuring alignment with business risk appetite. Lead the annual ORSA process, risk reporting, and horizon scanning for emerging risks. Collaborate with the risk and finance teams to ensure actuarial methodologies reflect best practices and meet regulatory requirements. Lead operational risk management, supporting actuarial teams in identifying and mitigating financial and non-financial risks. Provide actuarial expertise for risk validation and integration into the company's broader risk and capital management framework. Ensure compliance with regulatory requirements (such as Solvency II) and guide leadership on risk-related matters. 2. About you: Qualified actuary with a strong background in risk management, particularly in the insurance sector. Extensive actuarial experience in financial services, including leadership roles with expertise in governance, risk management, and compliance. Proficient in regulatory frameworks like Solvency II, ORSA, and the application of actuarial methodologies. Strong communicator, able to translate complex actuarial and risk data into clear insights for senior leadership. Experienced in project management, able to balance competing priorities and meet deadlines. Visa sponsorship cannot be offered now or in the future, so applicants must have the right to work in the UK. Play a pivotal role in shaping the company's risk management strategy while applying your actuarial expertise. Lead risk management in a respected financial services firm, making meaningful contributions to strategy, reporting, and compliance. Collaborate with senior leadership and contribute to a robust risk culture.

A financial services firm in Dorking seeks a qualified actuary for the Head of Risk role. The successful candidate will support the CRO in managing risk exposures, oversee the risk strategy, and lead operational risk management. Key qualifications include significant experience in risk management within insurance, proficiency in regulatory frameworks like Solvency II, and strong leadership capabilities. This role offers a permanent contract with a negotiable salary. Visa sponsorship is not available.

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 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 recruiting for a Senior Actuary, Capital Oversight this role is a Senior Actuarial Position, demonstrating technical expertise and management of work areas within the Capital Oversight team. Principal Accountabilities Syndicate Capital Reviews Independently conduct reviews of syndicate-level capital, including: Assessing capital requirements across key risk areas such as premium, reserve, market, credit, and operational risks, as well as diversification and dependency assumptions. Evaluating key metrics (e.g., movement metrics and benchmarks) and critically reviewing syndicates' justifications, which may involve analysis of validation results. Reviewing syndicates against the Capital Principle of the Principles of Doing Business at Lloyd's. Reviews will include annual reviews of syndicate capital, major model change reviews, deep dive reviews, governance reviews and reviews of internal model applications (IMAPs). In addition, they will include capital reviews of new entrants to the Lloyd's market, for example for syndicates setting capital using the Lloyd's Standard Model. There may also be the opportunity to contribute to thematic reviews. Communications Interact with external stakeholders, including being a designated point of contact for managing agents, which includes interaction with managing agent actuarial teams matters arising as part of capital oversight. Present findings and recommendations to the Actuarial Oversight Review Group (AORG), articulating conclusions on capital model assessments and syndicate capital adequacy, and effectively responding to challenges. Liaise with internal teams as required as part of capital review or other oversight activity, including Syndicate Performance, Exposure Management and Outwards Reinsurance to ensure consistent and co-ordinated approaches. Contribute to communications and/or briefings with the market and the regulator. Leadership expectations Lead the work of and coach more junior members of the team. providing guidance and technical assistance. Potential line management responsibilities for junior team members in the syndicate capital team. Assume project leads responsibilities, managing these projects to successful delivery Provide internal training to the capital oversight team, or other Lloyd's teams. Support the Head of Capital Oversight with respect of the strategic direction of the team Skills/Knowledge/Experience Significant experience in non-life insurance and capital modelling. Knowledge of actuarial techniques and regulatory frameworks relevant to capital oversight. Experience in delivering complex work output, including supervising work, and communicating this to an audience. Ability to design and implements analytical approaches to address specific questions and suggests solutions to any practical barriers to the completion of analysis, drawing on experience from related work areas. Ability to lead and coach more junior members of the team. Project management skills with experience in delivering complex initiatives. Excellent communication and stakeholder management skills, able to influence and collaborate effectively. Familiarity with IT tools (Excel, SharePoint). 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.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; Please note, clicking on this link does not register your application for the vacancy Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks. 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.

Take the lead on capital oversight within a major London Market firm Are you a qualified non-life actuary, looking for your next senior position within a leading London Market firm? Then look no further! This is an exceptional opportunity to 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. Leading capital oversight for new entrants to the Lloyd's market, you will also manage the relationship with the PRA, in particular driving regular oversight meetings. In addition, you will build and lead strong relationships with Senior Managers in other internal teams to ensure consistent and collaborative approaches. 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. This is a key strategy-focussed role so whilst some technical capital modelling experience would be helpful, it is not an essential requirement. Apply now and take the next step on your career ladder within a major global firm.

A leading London Market firm seeks a qualified non-life actuary to take the lead on capital oversight. In this strategic role, you will deliver the market oversight plan and manage relationships with regulatory bodies. Your excellent interpersonal skills and thirst for innovation will be crucial in fostering collaboration with Senior Managers and ensuring effective risk management policies. Apply now to advance your career in this prestigious global firm.

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.

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.