Head of Actuarial, Platform Partner Syndicates

Your Role

You will take responsibility for the actuarial oversight of Apollo’s Platform Partner Syndicates, providing leadership across capital, reserving and actuarial input into business planning.

Apollo manages a portfolio of Platform Partner Syndicates, each of which retains responsibility for its own underwriting. You will provide actuarial oversight across these syndicates and build strong relationships with senior stakeholders, Lloyd’s and regulators.

You will also lead an established actuarial team, with three senior actuarial leadership reports supported by actuarial analysts.

What you'll do

• Take overall responsibility for capital and reserving across Apollo’s Platform Partner Syndicates.
• Oversee Lloyd’s capital submissions, including Lloyd’s Standard Model calculations, capital returns, standard formula submissions, validation and supporting documentation.
• Review internal model outputs produced by partner syndicates and provide appropriate actuarial challenge.
• Own the quarterly reserving process, including GAAP reserves and margins, Solvency UK technical provisions and communication of results to Audit Committees.
• Shape the actuarial assumptions supporting business plans, including loss ratios, inflation and other key assumptions.
• Provide actuarial insight and challenge on underwriting and reinsurance strategy, capital intensity, profitability and the ongoing adequacy of technical provisions.
• Support new syndicates through the Lloyd’s approval and transition process, including capital submissions and relevant aspects of business planning.
• Lead delivery of the Actuarial Function Report across the partner syndicates.
• Develop the actuarial framework as the portfolio grows, improving tooling, templates and ways of working to create a scalable and efficient approach.
• Lead, develop and recruit within the actuarial team, creating clarity around priorities and maintaining high technical standards.
• Build effective relationships across underwriting, finance, claims, exposure management and risk, as well as with partner syndicates, Lloyd’s and other regulators.

What we are looking for

• Significant actuarial experience across capital modelling and reserving within the Lloyd’s market.
• Strong technical understanding of Lloyd’s capital requirements and the regulatory environment in which syndicates operate.
• Experience taking meaningful ownership of capital and reserving activity within a Lloyd’s or comparable insurance environment.
• The ability to provide credible actuarial challenge and translate complex technical issues for senior and non-actuarial stakeholders.
• Experience building effective relationships with underwriting, finance, risk and other functions, alongside external stakeholders such as Lloyd’s and regulators.
• Experience leading and developing actuarial professionals, with the judgement to balance technical quality, commercial priorities and regulatory requirements.
• A practical approach to solving complex problems and improving processes as a function grows and develops.