Capital Actuary

Responsibilities

You will be key to capital modelling and regulatory reporting (BSCR, SCR, RBC), support business planning and strategic transactions, and deliver clear capital insights to senior management and Boards. The role partners closely with Finance, Risk, Reserving, Treasury and M&A teams, contributing directly to capital optimisation, deal structuring and growth initiatives.

Candidate requirements

• Fellow of a recognised actuarial body (IFoA, CAS) • 5+ years’ non-life/reinsurance experience with strong capital exposure • Deep knowledge of Bermuda EBS or Solvency II (BSCR/SCR) • Experience with regulatory submissions (QRTs, ORSA/CISSA, FCR/SFCR) • Commercially minded, with strong communication and stakeholder skills • Advanced Excel proficiency • Contributing positively to our culture and values.

Benefits

[Employer hidden — view at passion-project.co.uk] is a global speciality reinsurance company that offers capital and liability solutions to its clients, providing them with the certainty they need on their portfolios. We are known for being trusted partners to the market and for having a team of experts who collaborate and maintain discipline in underwriting, ensuring a differentiated client experience.

As an ambitious business, we are focused on building depth, breadth, and diversity in the talent across our business to be future-ready. Our clients' needs evolve as the market changes, which is why we continuously invest in areas such as data and technology. This way, we can serve current and future clients' needs with scalable and new technology, delivered by our growing agile Data and Technology team.

- Our values are what make us stand out. We value each other, empower and hold ourselves accountable, are authentic, collaborative and inclusive, and continuously strive for progress and innovation.

Why join us?

At [Employer hidden], we offer a range of benefits and team engagement events and provide a supportive environment for learning and growth. We are intent upon building a great business, and over the last few years, we have expanded our markets across Europe, Lloyd's, and North America. Our team is based in Bermuda, Finland, Germany, Malta, UK and the US.

To keep our globally dispersed team connected, we have various employee resource groups, including Wellbeing, DEI, COMMS and Engagement.

We invest in our people and offer learning and development opportunities for leaders and employees to build confidence and grow their skill sets. We value teamwork, authenticity, and innovation, and provide a space for these behaviours to bloom at [Employer hidden].

Make an impact in a collaborative environment with some of the best talent in the industry, while enjoying:

·        competitive salary & annual bonus

·        a health & wellbeing subsidy (£20 per month) (from Day 1)

·        a generous pension (eligible after probationary period)

·        private healthcare from BUPA and a Healthcare Cash Plan from Medicash (from Day 1)

·        life assurance (from Day 1)

·        income protection (from Day 1)

·        25 days annual leave (from Day 1)

·        cycle to work scheme (from Day 1)

·        season ticket loan (interest free) (eligible after probationary period)

·        electric vehicle scheme (eligible after probationary period)

·        EAP (Employee Assistance Programme) (from Day 1)

·        learning/study support and reimbursement for professional memberships

·        hybrid working

·        employee socials and recognition programme

About [Employer hidden] Group

[Employer hidden] is an insurance & reinsurance legacy specialist focused on the acquisition and management of discontinued non-life portfolios, With Operations in Bermuda, Finland, Germany, Malta, Switzerland and the UK.  We have significant experience in all classes of direct and reinsurance business, including property, liability, marine and motor. [Employer hidden] is privately owned with shareholders actively involved in management of the business.