Capital Actuary

Title:

Capital Actuary

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Analytics

Job Description:

Who we are:

Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through underwriting excellence and strong risk and capital Management. 

At Everest, we believe that our future is determined by the actions we take today. Actions that go beyond business strategy and encompass the values important to our employees and the communities in which we operate. Everest’s value commitments include: providing an inclusive work environment that offers employees the opportunity to further their development, supporting our communities through the donation of time and financial resources, maintaining our integrity across all aspects of the group, and being an industry innovator to solve global complex risks.

Why join:

Everest Insurance International Wholesale & Specialty (IW&S) is part of a global group. IW&S consists of Everest Syndicate 2786, Everest Insurance (Ireland) DAC (EIID), and Everest Insurance Singapore (EIS).   

It is an exciting time and an excellent opportunity to be joining IW&S as the business focuses on developing and growing its wholesale and specialty book, investing in teams and systems under a global strategy. The Actuarial Function is instrumental in supporting and influencing the business and longer-term ambitions, with significant investment and wider Group collaboration in establishing a best-in-class actuarial set up.

The way IW&S is structured provides ample opportunity to make a tangible impact on the day-to-day and future direction of the actuarial department, and personally play a critical role in its strategy, establishing and growing the IW&S actuarial capabilities and business partnering.

Role Purpose:

A key member of the actuarial function, this role is split between supporting Everest Insurance (Ireland) DAC (EIID) and the Lloyd’s syndicate capital team. The role operates with a dual functional alignment: EIID-related responsibilities are delivered under the oversight of the Deputy Head of Actuarial Function, while Lloyd’s syndicate capital responsibilities are delivered in support of, and aligned to, the Head of Capital.

For the role holder, this dual alignment accelerates development through broader exposure across Solvency II Standard Formula and Lloyd’s internal model approaches, regular interaction with senior actuarial and capital leaders, and tailored mentorship across both workstreams. The mix of quarterly/annual solvency and internal model activity builds technical depth and business partnering skills, strengthening career opportunities across capital, risk and wider actuarial roles.

Approximately 60–70% of the role will focus on EIID, producing quarterly Solvency Capital Requirement (SCR) calculations under the Standard Formula and supporting the annual ORSA process through SCR and balance sheet projections for the base case and a range of stress scenarios.

The remaining 30–40% will support the Lloyd’s syndicate capital team, helping to run the capital model and associated processes, improving controls and documentation, and delivering insightful analysis to stakeholders. The role offers broad exposure across solvency and internal model frameworks, interaction with finance, risk and underwriting, and opportunities to drive process improvements and automation.

Key Accountabilities:

• Produce EIID quarterly SCR calculations under the Solvency II Standard Formula, including analysis, validation and clear documentation of movements.

• Deliver SCR and balance sheet projections for the annual ORSA process, covering base plan and multiple stress and reverse stress scenarios, and support the write-up of results.

• Support delivery of capital reporting to key stakeholders, including Group, senior management and regulators, ensuring accuracy, consistency and appropriate governance.

• Work with Finance, Risk and wider Actuarial teams to reconcile inputs, explain results and movements, and strengthen controls and documentation across the Solvency II capital process.

• Support the Lloyd’s syndicate capital team in the running of the ReMetrica internal capital model, including routine production tasks, checks, and investigation of model movements.

• Help maintain and develop the capital model and supporting tooling, including implementing enhancements, improving efficiency/automation and maintaining robust model documentation.

• Develop tools and MI to support capital insights and decision-making, leveraging data and automation to improve timeliness, transparency and repeatability of deliverables.

• Ensure appropriate governance and compliance for all deliverables, including model change controls, peer review, audit trails, and adherence to internal policies and regulatory requirements.

Professional Experience:

• Qualified actuary (IFoA or equivalent) with relevant post-qualification experience in capital and/or solvency.

• Experience in capital modelling and/or Solvency II capital (Standard Formula and/or internal model) within insurance or reinsurance.

• Degree (or higher) in a numerate discipline such as Mathematics, Actuarial Science, Statistics, Physics, Engineering, Economics, or similar.

Skills & Abilities

• Strong analytical and technical skills, with the ability to interpret and explain SCR results, drivers and movements to a range of stakeholders.

• Experience with capital model processes and controls (e.g., ReMetrica and/or similar platforms), including data handling, validation, documentation, version control and change governance.

• Strong planning and organisational skills, with the ability to deliver to tight quarterly and annual timetables with attention to detail.

• Clear communicator, able to produce high-quality written outputs (e.g., ORSA and capital documentation) and present complex concepts in a straightforward way.

• Strong spreadsheet and data skills (e.g., Excel, SQL and/or Python), with an interest in automation, process improvement and continuous learning.

Competencies:

• The role holder will be required to embrace the Everest Core Values: Collaboration, Thoughtful Assumption of Risk, Execution, Humility and Leadership
• The Everest Core Values are the foundation upon which we (a) conduct our work, and (b) conduct ourselves both internally with our colleagues, and externally with clients/customers

The Company's success and that of our employees begins with these values. All employees are expected to support and exhibit these values in their interactions with others and through their day-to-day responsibilities.

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

 

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

 

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

Type:

Regular

Time Type:

Full time

Primary Location:

London

Additional Locations: