Fearghas MacGregor

Associate and Senior Consulting Actuary

Fearghas provides support for a range of general insurance clients, with a focus on capital modelling, regulatory capital setting, internal model validation and model use.

He has over ten year’s experience in capital modelling for general insurance and has worked on internal model development and approval, and major model change applications with both PRA and Lloyd’s.

Fearghas brings expertise in embedding capital modelling techniques to wider risk management and business decision making processes, and in explaining technical and statistical information to senior stakeholders


Significant experience:

  • Led regulatory capital submissions to Lloyd’s and PRA for a multinational general insurer
  • Carried out major model changes to enhance functionality and to meet regulatory changes with approval from regulators
  • Developed and presented model outputs to senior stakeholders, including board and governance committees, to achieve capital and model approval
  • Embedded model use within the business to ensure accurate modelling and to inform decision making processes, such as business planning and reinsurance purchasing
  • Oversaw first line validation of capital modelling, including stress and scenario testing, analysis of change reporting, and sensitivity testing

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