Leave us your email address and we'll send you all the new jobs according to your preferences.

Technical Lead Actuary (Reserving)

Posted 3 hours 37 minutes ago by Lloyd

Permanent
Full Time
Other
London, United Kingdom
Job Description
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 Technical Lead Actuary (Reserving). You will provide senior technical leadership and market-facing oversight of syndicate reserving, delivering expert challenge, strategic insight, and high-quality actuarial standards across the Lloyd's market. Principal Accountabilities Technical Syndicate Level Oversight Provide quorum and expert input to the Actuarial Oversight Review Group (AORG) which reviews the outcomes and recommendations from syndicate investigation as well as triaging syndicates for review. Provide senior direction, expert judgement and challenge across Syndicate Investigations and Model Loss Ratio (MLR) reviews for the Capital & Planning process (CPG). Lead deep dives, thematic reviews, and walkthroughs on key reserving topics Provide technical review of selected assumptions and methods for our market level reserving exercise Hold responsibility for risk identification and challenge process for oversight decisions, ensuring emerging risks are surfaced early. Maintain oversight and provide expert judgement on Stress and Scenario Testing (SST) Take ownership of ad-hoc reserving oversight, e.g. on major catastrophe reserving or systemic reserving issues Hold expert knowledge across all key lines of business from a market perspective Syndicate Engagement Provide a authoritative insight into Lloyd's syndicates, their outlooks, and current/emerging issues under investigation. Lead direct conversations with syndicates on technical reserving matters, methodologies, and assumptions. Act as a Point of Contact (POC) for selected syndicates as required and lead Point of Contact (PoC) discussions, oversight meetings/workshops/'deep-dive' review meetings with syndicates and other stakeholders Act as the recognised technical authority in the market-facing forums, ensuring clarity and consistency of Lloyd's expectations. Attend selected London Market Actuaries (LMA) working groups to represent technical viewpoints. Technical Standards & Methodology Set and champion updates to reserving guidance, including Actuarial Function Reports Own the technical relationship with the signing actuaries, including responsibility for statement of actuarial opinion margin comparison processes. Provide technical reserving training for stakeholders across the business Maintain strong connections with other analytical, underwriting, and risk teams to ensure alignment of methodologies and assumptions, e.g. feed into appropriate WG such as Underwriting, Capital, Actuarial, Reinsurance & Exposure Management Working Group (UCARE). Strategic Leadership Shape and influence the future direction of the strategy around emerging technical risks, methods, data quality, diagnostics, and best practice. Define and develop the overarching technical roadmap for bottom up reserving and syndicate-focused work. Identify and escalate emerging risks, industry changes, and areas requiring future attention. Ensure technical alignment across functions and support the Head of Reserving and senior leadership in strategic decision-making. Contribute to the development of the long term strategy for syndicate analytics and reserving excellence. Skills Knowledge and Experience Experience of stakeholder management at senior levels Experience working in the Lloyd's Market Deep Understanding of Lloyd's syndicates, market behaviours, and major classes of business. Capability across reserving techniques, diagnostics, and assumption setting. Proven ability to conduct and interpret technical reviews, thematic analyses, and actuarial deep dives. Track record of engaging with senior stakeholders, syndicates, or external market bodies. Influential and collaborative, with no need for formal line management authority. Proactive, strategic thinker with an eye toward emerging risks and future developments. Comfortable navigating ambiguity and driving clarity in complex technical subjects Qualified actuary with extensive post-qualification experience in reserving or related actuarial fields.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.
Email this Job