Manager- Actuarial, Non-life Capital
London, UK

Need technical background in capital modelling as well as the skills and energy to grow as a consultant.
• Manage to completion the technical delivery and reporting for projects (primarily model validation, build and capital management), providing insight to projects on technical capital matters;
• Support on wider capital-related projects such as Transactions or Finance/Actuarial transformation
• Develop and support people through effectively supervising, coaching and mentoring;
• Run and develop capital benchmarking surveys, including client meetings to play back results and highlight key points of interest
• Lead discussions with client contacts and manage expectations of delivery, content, timescales and cost;
• Present to clients at senior executive and board levels;
• Assist in responding to client proposals; and
• Identifies risk on the assignment, involving the Senior Manager/Director/Partner appropriately in its resolution.

• Significant actuarial experience in the London Market or leading-edge UK retail insurance
• A qualified (or very nearly qualified) actuary with degree-level qualification.
• Experience in the following: • designing, building and parameterising capital models, ideally under Solvency II • embedding internal models into key business decision making, for example extending model use to business planning, reinsurance purchasing, risk monitoring, technical pricing etc • primary and/or independent validation of key model components and the ability to develop quantitative review tests to assess and challenge internal model parameters and output
• Extensive experience of developing models in at least one capital modelling software platforms; Igloo, Tyche and/or Remetrica.
• Record of managing a capital modelling team or managing capital activities and projects.
• Experience in capital management – including assessing the methodology and sufficiency of capital buffers, managing the capital constraints of multinational groups operating in different capital regimes and experience in reinsurance and capital optimisation projects.
• Solvency II Standard formula – advising on interpretation of the Solvency II guidance for the SCR calculation under the Standard Formula
• Risk – defining appropriate risk tolerance metrics, drafting risk appetite statements, contributing to your organisation's ORSA process
• Visualisation – using visualisation packages to identify trends and communicate key model output to senior management