Nav Nirala

Head of Capital

About Nav

As Head of Capital Modelling, Nav works closely with Meera Shah and Donald Brignell, as well as the wider Risk & Compliance team at Probitas.

He is responsible for delivering the capital return to Lloyd’s, which is essential to any Managing Agency’s ability to write business through the Lloyd’s market. As part of this, Nav manages the technical running of the model and updates to ensure accurate business and analysis outputs.

His ability to build analysis tools and coding for data preparation for the capital model adds strength to the robust process within his team, whilst enabling the business to adhere to its required outputs today and as the business continues to grow.

Nav started his insurance career at the FSA/PRA, where he was involved in the internal model approval process for firms applying to use an internal model for Solvency 2 regulations. He then moved to Aspen, as a Capital Actuary, where he was responsible for the capital and regulatory deliverables for the PRA and Lloyd’s.

He is a Qualified Actuary and a Fellow of the Institute of Actuaries.