Average Actuary salary in London

Superb opportunity to join a well-established and fast growing Lloyds Insurance organisation. Manage a small team responsible for maintaining and running the capital model to meet regulatory and internal stakeholder requirements. Assist the Managing Agency Head of Capital in providing support to the Board and senior management in matters relating to capital requirements and business uses for the capital model. Maintain the data sets and processes necessary to operate the model. Key Responsibilities Support the Managing Agency Head of Capital in all aspects of running the capital modelData collection and testingMaintaining and running the calibration toolsUpdating data and parameters in the internal model, running the model and sense checking outputsContribute to solving the problems arising from running and changing the model, and key responsibility in testing the modelEnsuring processes around the internal model are well maintained and operate appropriatelyEnsuring good version control of the modelTesting model output, including investigating and modifying model codeMaintaining good quality documentationRunning and documenting the model for regulatory deliverables, e.g. LCR, IMO Return, ORSAWork will often be produced to a tight timetablePoint of contact with internal stakeholders including Finance team, Underwriting, Risk.Keep clear records and trails of all work done so that validators and other reviewers are able to carry out their workKey role in supporting the validator ESSENTIAL QUALIFICATIONS, SKILLS AND EXPERIENCE Actuarial skills at the level of an FIA qualified UK actuary and strong IT skillsThe model is currently built in WTW Igloo and a good knowledge of this platform is essential.Coding skills in Excel VBA and R are desirable.Knowledge of General Insurance and ideally of Motor classes (including knowledge and skills relating to the management of insurance data)Knowledge of regulatory requirements, including both Lloyd's and PRA requirements and Solvency II requirementsGood written and face to face communication skills; able to explain complex matters to people with some knowledgeStrong analytical skills

IDEX Consulting are looking for a number of Actuarial Analysts to join our clients GMP Equalisation team. They have a unique approach to solving the problems around GMP and are looking for technically minded people to join their friendly and supportive team. Previous experience in GMP calculations is an advantage, a desire and ability to grasp complex actuarial concepts and find solutions to them is a requirement. In this role you will be working as part of the GMP team to assist clients in equalising pensions for their scheme members. Responsibilities: Working with and understanding member dataReviewing complex calculationsReviewing written advice to clients on this topicCommunicating results to client teams and supporting them as you work through the projects togetherRegular liaison and communication with the GMP team, client team and other departments in XPSOpportunity to get involved in specialist research and development teams in areas that interest you. These teams provide resources and ideas for the wider teamTraining and managing more junior colleagues as they embark on their actuarial career Your profile Essential Criteria A keen interest in actuarial concepts, the wider pensions industry and financial landscapeExcellent Microsoft Excel skills Desirable Criteria An inquisitive mind and a desire to learnHighly motivated and driven to succeedAbility to problem solve and come up with solutionsOutstanding accuracy and attention to detailAdaptable and a team-player Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy. Our Diversity, Equity and Inclusion Mission At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

We have partnered with a fast-growing syndicate to assist them in finding a Nearly Newly Pricing Actuary. This role includes but not limited to: Enhancing the syndicate's pricing function, working closely with underwriting teams.Exposure to all lines of business as well as reinsurance.Developing and maintaining technical pricing models, ensuring they are robust and well-documented.Contributing to the development and maintenance of robust pricing models.Providing case pricing support across various classes of business and building strong relationships with underwriting teams.Collaborating with the broader business, including integrating pricing insights into business planning and reserving.Peer-reviewing work and contributing to business transformation projects. Minimum Requirements: GI Actuarial Pricing experienceGood exam progressionExcellent communicatorFull UK working rights