Head of Capital Modelling
Core
Lead the design, development, and operation of Lloyd's Internal Model (LIM) to determine regulatory capital requirements and manage risk to the Central Fund.
Role type
Senior IC Head of Capital Modelling
Builds
Next generation of the Lloyd's Internal Model (LIM)
Domain
Insurance / Capital Modelling / Solvency II
Deliverable
production ML models
Required skills
Capital modelling, UK Solvency II, UK GAAP, Reserving, Reinsurance, Exposure management, Underwriting, Risk management, Stakeholder engagement, Team leadership
Preferred skills
FIA or equivalent actuarial qualification, Change management, Analytical decision-making
Technologies
N/A
Responsibilities
Lead development and annual update of the Lloyd's Internal Model; Oversee calculation of regulatory capital requirement; Lead major model change activity and engagement with the Prudential Regulation Authority; Ensure compliance with UK Solvency II; Lead analysis of member capitalisation and risks to the Central Fund; Connect capital modelling with investment, catastrophe, reserving, finance, risk and market oversight; Lead, coach and develop the Capital Modelling team.
Seniority
Senior, hands-on IC
