Senior Capital Actuary - #1721376

The primary purpose of this role is to be a key contributor in the coordination and provision of regulatory and economic capital requirements to the business for Solvency reporting and model use purposes.

1. Contributing to the production of regulatory requirements to support reporting, along with the internal view of economic capital.


2. Engaging with key stakeholders on internal model-related matters as required.


3. Supporting the development of the Internal Model in line with the Admiral Model Change Policy (Igloo code changes, parameter changes, governance changes, etc.).


4. Assisting in the ongoing development of the Calculation Kernel (Igloo coding) and parameterisation processes, considering regulator feedback, validation, business changes, and industry best practices.


5. Ensuring ongoing compliance of the Calculation Kernel with relevant regulatory standards.


6. Assessing and escalating limitations in capital modelling methodologies, processes, and results.

1. Strong leadership qualities.


2. Ability to work in a team and engage in technical modelling to meet deadlines.


3. Excellent communication skills to liaise across all levels of the organization.


4. Ability to explain technical concepts clearly to non-technical stakeholders and senior management.


5. Hardworking, committed, and effective under pressure.


6. Flexible and adaptable to unexpected or ad-hoc requests.


7. Effective time management and stakeholder expectation management.


8. Good working knowledge of Igloo financial modelling platform.


9. Understanding of Solvency II/UK regulations for internal model firms.


10. Knowledge of stochastic modelling concepts and relevant capital modelling experience.


11. Minimum years of capital modelling experience within the personal lines insurance sector (Motor and Household).


12. Experience managing or mentoring junior team members.


13. Good commercial awareness and ability to apply capital principles for business decision-making.


14. Proficiency in Microsoft Office applications (Word, Excel, PowerPoint).


15. Actuary qualification is desirable.

Salary will depend on the candidate's experience. We welcome CVs from all qualified candidates and are open to discussing the remuneration package.

At Admiral, we value diversity and prioritize our people and customers. We offer great benefits to support work-life balance, including flexible working hours where possible.

Colleagues will receive days of holiday (including bank holidays), increasing with service up to a maximum. There is also an option to buy or sell up to five days of annual leave.

Additional key benefits are available for viewing.