Lloyd's of LondonHead of Capital Modelling
Lloyd's of London is hiring a Head of Capital Modelling in London, United Kingdom. Level rates it ; you can apply on Lloyd's of London.
Level's read on this job
- On Level's scale, this role is Little AI ●○○○: aI is not part of the work.
- The posting mentions capital modelling, risk management and solvency ii among its tools and skills.
- Level classes it as a lead role.
- Lloyd's of London has 5 other open roles on Level.
AI in this role
Head of Capital Modelling required to lead market-level capital modelling and manage the Lloyd’s Internal Model.
Lloyd’s is the world’s leading insurance and reinsurance marketplace, bringing together the world’s leading risk takers to advance global progress.
Our strategy is focused on delivering strong underwriting performance, operating an efficient and flexible marketplace, and maximising the capital advantage of the Lloyd’s market — while continuing to build a Lloyd’s we are proud of.
How we deliver this, matters. We take the risk, make things happen, and own the outcome — working together across our global network to turn insight into impact.
Lloyd’s is seeking to recruit a Head of Capital Modelling on a FTC (Fixed Contract) for 12 Months to cover a period of maternity leave. You will lead one of the most important components of how we understand risk and capital across the Lloyd’s market. Reporting directly to our Chief Risk Officer, you’ll take responsibility for the Lloyd’s Internal Model (LIM) and lead our market-level capital modelling. You’ll oversee the determination of Lloyd’s regulatory capital requirement and help shape how we manage risk to the Central Fund. You’ll lead the design and development of its next generation, making it simpler and more effective while maintaining the standards expected by Lloyd’s and our regulators.
What you’ll do
You’ll set the direction for capital modelling at Lloyd’s and turn complex analysis into decisions that matter.
You’ll:
- Lead the development, operation and annual update of the Lloyd’s Internal Model.
- Oversee the calculation of Lloyd’s regulatory capital requirement.
- Shape and deliver the next generation of the LIM, aligned to Lloyd’s strategy.
- Lead major model change activity and engagement with the Prudential Regulation Authority (PRA).
- Ensure ongoing compliance with UK Solvency II capital requirements.
- Lead analysis of member capitalisation and risks to the Central Fund.
- Bring together Lloyd’s central and market views of capital to identify differences and drive action.
- Connect capital modelling with investment, catastrophe, reserving, finance, risk and market oversight.
- Communicate complex modelling findings clearly to senior stakeholders, regulators and rating agencies.
- Lead, coach and develop the Capital Modelling team, with responsibility for 3 direct and 18 indirect reports.
You’ll also be a member of the Senior Leadership team and Internal Model Oversight Committee, giving you a meaningful voice in the decisions that shape Lloyd’s.
What you’ll bring
You’ll combine deep capital modelling expertise with the judgement and influence to operate confidently at senior level.
We’re looking for:
- Deep technical knowledge of capital modelling.
- Strong understanding of Lloyd’s and the wider London and international insurance markets.
- Broad knowledge across areas such as reserving, reinsurance, exposure management, underwriting and risk.
- Understanding of UK Solvency II requirements and UK GAAP.
- Experience influencing and working with senior stakeholders.
- Evidence of leading significant change.
- Strong analytical, decision-making and problem-solving skills.
- The ability to make complex technical subjects clear and relevant.
- Experience leading, coaching and developing high-performing teams.
- A degree or equivalent experience.
- FIA qualification, or an equivalent recognised actuarial qualification.
Being inclusive at Lloyd’s is integral to how we work — and how we deliver impact.
We aim to build a diverse, inclusive environment that reflects the global markets we serve, where everyone is treated with dignity and respect and supported to reach their full potential.
We take the risk by challenging traditional thinking and being proactive about inclusion. That means being open and positive about workplace adjustments, prioritising health and wellbeing, and investing in diversity and inclusion training so everyone feels able to contribute and succeed.
We make things happen by turning our commitment into action. Through employee networks, mentoring, volunteering opportunities and sustained investment in professional development, we create an environment where inclusion is experienced day‑to‑day — not just talked about.
We own the outcome by focusing on impact. By bringing together diverse perspectives and the best minds in the industry, we work collaboratively with underwriters and brokers to create innovative, responsive solutions that share risk and solve complex problems across global markets.
Should you require any additional support with your application, or any adjustments, please click the following link;
Please note, clicking on this link does not register your application for the vacancy
How we rate this
Head of Capital Modelling at Lloyd's of London rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.
Little AI. AI is not part of the work.
- ●●●● Builds AI80 to 100
- ●●●○ Works on AI60 to 79
- ●●○○ Uses AI40 to 59
- ●○○○ Little AI0 to 39
Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.
Prepare for this job
Built from this posting and from similar jobs on Level.
Skills and AI tools this role asks for
Questions you could be asked
- Tell me about a project where capital modelling was part of your work. What did you do?
- Tell me about a project where risk management was part of your work. What did you do?
- Tell me about a project where solvency ii was part of your work. What did you do?
- Tell me about a project where actuarial science was part of your work. What did you do?
- Tell me about a project where leadership was part of your work. What did you do?
Adapt your resume
- List these exact terms on your resume: Capital Modelling, Risk Management, Solvency Ii, Actuarial Science, and Leadership. An applicant tracking system matches the wording, not the idea.
- Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.
Get your CV reviewed before you apply
Send your CV and the role you want next. Your review arrives by email within 3 days.
Get new AI jobs by email
One email a week, each job rated for how much AI is in the work. No recruiter spam, unsubscribe in one click.
Free.
Similar roles
Other roles that involve little AI, at other companies.
What kind of AI work fits you?
Answer 12 practical questions in about three minutes. Get a simple profile, the work it points to, and live roles to explore next.
Find my next step