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Head of Actuarial

Cardiff

  1. Full time

About the job

Who are Admiral Pioneer?

Disruptive. Customer Centered. Transformational.

Admiral Pioneer exists within Admiral Group as a venture studio, providing the greenhouse in which to grow new businesses. We’re leveraging Admiral’s strengths to deliver commercially strong businesses that answer the financial needs of new audiences and respond to emerging opportunities.

We seek to disrupt the markets we enter, taking a truly customer-centric approach. We achieve this by experimenting and proving new products, business models and partnerships through a disciplined, discovery-driven approach.

Role Purpose
We are looking for a strategic, forward‑thinking Head of Actuarial to lead all actuarial activity across Admiral Pioneer. This is a critical senior role, accountable for reserving, capital management, pricing oversight, reinsurance strategy, and actuarial governance.

Reporting directly to the CFO, you’ll play a key role in shaping financial performance, strengthening capital efficiency, and supporting our growth ambitions. You will also act as the senior actuarial representative to Admiral Group governance forums, ensuring our actuarial standards and processes reflect Group expectations and market best practice.

Key Responsibilities

Actuarial Function Leadership

  • Build, shape, and lead a high‑performing actuarial function, establishing strong governance, controls, methodologies, and standards.
  • Develop and grow an internal actuarial team over time.
  • Provide senior actuarial advice to the CFO, Executive Committee, and Board.
  • Lead engagement with regulators, auditors, and external actuarial partners.

Reserving

  • Own the quarterly and annual reserving processes end‑to‑end.
  • Lead delivery of Best Estimates, Risk Margins, and Solvency II Technical Provisions.
  • Produce insightful analysis of reserve movements and deliver clear, high‑quality reporting for management and the Board.
  • Chair and drive the Admiral Pioneer Reserving Committee.

Capital Management

  • Lead capital modelling, solvency assessment, and regulatory capital reporting.
  • Support capital planning, forecasting, and the setting of solvency targets.

Pricing Oversight

  • Provide independent actuarial oversight and challenge of pricing methodologies.
  • Ensure pricing reflects risk appropriately and supports capital efficiency and target returns.

Reinsurance

  • Lead actuarial support for reinsurance strategy and programme design.
  • Quantify the impact of reinsurance on capital, earnings volatility, and reserving.

FP&A, Strategy, and Growth

  • Partner with FP&A to support planning, forecasting, and scenario analysis.
  • Provide actuarial insight for new product development, MGA partnerships, and broader growth initiatives.
  • Lead actuarial support for M&A and corporate development activity.

Governance & Board Reporting

  • Deliver actuarial updates to the Admiral Group Board and Risk Committees.
  • Ensure alignment with Admiral Group governance frameworks and regulatory requirements.

Essential Skills 

  • Qualified actuary (FIA, FCAS, or equivalent).
  • Significant experience in non‑life (P&C) insurance.
  • Strong technical background across reserving, capital, pricing, and reinsurance.
  • Confident communicator with experience presenting to Boards and senior committees.
  • Able to operate both strategically and hands‑on in a growing, entrepreneurial environment.

Admiral: Where You Can

We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.

Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave.

We’re proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.

Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here.

#LI-Pioneer #LI-ME1

  1. Full time
  2. Admiral Pioneer

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Cardiff

Our Achievements

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Our Benefits

We know our colleagues work hard to serve our customers and keep us innovating, so it’s important to us that they’re well-rewarded.
 
Alongside our competitive pay we also offer a share package, career growth and development opportunities and a whole host of other great benefits!

Explore our benefits below to discover Where You Can

Where You Can Be You

Financial & Mortgage Advice

Financial & Mortgage
Advice

Ecare

24-Hour
Ecare

Cycle to Work Scheme

Cycle to Work
Scheme

Annual Holiday Allowance

Annual Holiday
Allowance

Flexible Working

Flexible
Working

Simply Health

Simply
Health

Private Health Cover

Private Health
Cover

Critical Illness Cover

Critical Illness
Cover

Where You Can Grow & Progress

Learning and Development

Learning and
Development

Educational Sponsorship

Educational
Sponsorship

Accredited Qualifications ILM

Accredited
Qualifications ILM

iLearn

iLearn
Online Learning

Buy a Book Scheme

Buy a Book
Scheme

Developmental Coaching

Developmental
Coaching

Port of Calls

Port of
Calls

Internal Mobility

Internal
Mobility

Where You Can Make a Difference

Groups & Societies

Groups and
Societies

Socials & Team Days Out

Socials and Team
Days Out

Multi Faith / Quiet Rooms

Multi Faith / Quiet
Rooms

Admiral Community Fund

Admiral Community
Fund

Give as You Earn

Give as You
Earn

Awards & Star Lunches

Awards and Star
Lunches

Corporate Social Responsibility

Corporate Social
Responsibility

Impact Hours

Impact
Hours

Where You Can Share In Our Future

Share Schemes

Share
Schemes

Refer a Friend Bonus

Refer a Friend
Bonus

Colleague and Family Discount

Colleague and Family
Insurance Discount

Group Life Assurance

Group Life
Assurance

Pension

Pension
Scheme

Life Event Loan

Life Event
Loan

Tickets to Sponsored Events

Tickets to Sponsored
Events

Tusker

Tusker Salary
Sacrifice

Click here to download our full benefits brochure