Capital Modelling Manager

About the role

We are partnering with a well‑established Lloyd's syndicate to recruit a Capital Modelling Manager. This senior position will lead the production and delivery of regulatory and economic capital requirements, while embedding the capital model into everyday business decisions.

Key responsibilities

• Produce Lloyd's Solvency Capital Requirements (SCRs) and economic capital calculations.
• Manage the parameterisation, development and continuous improvement of the capital model.
• Identify and address limitations in capital‑modelling methodologies.
• Support model validation activities and maintain internal model documentation.
• Embed the capital model across underwriting, reinsurance and investment teams to inform decision‑making.
• Provide capital analysis for portfolios, reinsurance structures and investment strategies.
• Oversee capital allocation, risk‑appetite assessments and ORSA reporting.
• Liaise with Lloyd's, the PRA and other regulators.
• Lead, mentor and develop members of the capital‑modelling team.

Required profile

• Qualified General Insurance (GI) actuary.
• Strong capital‑modelling experience within a Lloyd's environment.
• Proven experience in stochastic modelling of insurance risks.
• Project and/or people‑management experience.
• Excellent communication and senior‑stakeholder presentation skills.
• Good knowledge of Igloo or an equivalent capital‑modelling platform.
• Solid understanding of the Solvency II UK framework.
• Experience with Lloyd's SCRs, regulator interaction or strategic capital‑model use is a plus.

Required skills

• Igloo (or equivalent capital‑modelling software).
• Stochastic modelling techniques.
• Solvency II UK framework knowledge.
• Capital modelling expertise.