An exciting opportunity has arisen for a Senior Actuarial Risk Analyst to join a high-performing risk team within a leading specialty insurance group. This role is part of a small, collaborative Actuarial Risk function that plays a key role in managing capital model risk, delivering insightful risk metrics, and supporting key regulatory and business-driven reporting such as the ORSA and scenario analysis.
This is a broad, hands-on role ideal for an actuarial professional with at least two years' experience in non-life insurance who enjoys working across both model validation and risk insight generation. The position offers great exposure to a range of stakeholders, actuarial models, and risk governance processes.
Key responsibilities:
Validation
• Support the annual validation of the Lloyd’s syndicate capital model through deep-dive reviews across various components
• Prepare risk reports for significant model changes or re-parameterisations
• Perform lighter validations for other internal capital models
• Conduct deep dives into actuarial and other business models, recommending refinements or highlighting areas of concern
• Engage with model owners and key stakeholders to ensure thorough understanding and challenge of model design and outcomes
Risk Metrics
• Maintain and enhance risk dashboards that provide insight across the business
• Collaborate with teams across the business to develop informed and relevant risk commentary
• Prepare quarterly risk metrics reports for senior management, risk committees, and boards
• Participate in the annual review of risk metrics and develop new metrics and appetite statements as needed
Own Risk and Solvency Assessment (ORSA)
• Contribute to the production of ORSAs across multiple group entities from a quantitative risk perspective
• Maintain and update business risk profiles and trends on a quarterly basis
Stress and Scenario Analysis
• Lead or support the annual stress and scenario testing process
• Liaise with stakeholders to define and refine stress events
• Report findings to internal governance and utilise outputs to support model validation and improvements
Performance objectives:
• Deliver high-quality, accurate reports and management information
• Build strong working relationships across the business
• Establish subject matter expertise in assigned deliverables
• Achieve positive engagement and feedback from stakeholders
Skills and experience required:
• Minimum 2 years' experience in a non-life actuarial role within an insurer, Lloyd’s syndicate, or consultancy
• Sound understanding of capital modelling principles, with comfort working with stochastic modelling and aggregation techniques
• Strong analytical mindset with excellent attention to detail
• Capable of constructively challenging model assumptions and outputs
• Excellent communication skills, particularly in report writing and stakeholder interaction
• Demonstrable progress towards a recognised actuarial qualification
• Well-organised, with the ability to manage multiple priorities
Desirable:
• Experience in capital modelling or model validation (first or second line)
• Familiarity with Remetrica or other capital modelling platforms
This is a fantastic opportunity for an actuary looking to gain broader exposure to enterprise risk management, capital model governance, and board-level reporting, within a supportive and collaborative environment.
