Tim Stedman

Tim became Group Actuary at Legal & General in 2010 and led the project to gain approval of the Group’s Solvency II internal model in 2015. He has responsibility for capital management and optimisation across the Group as well as the on-going operation and development of the Group’s capital modelling and ensuring compliance with Solvency II. Since 2016, Tim has led the Group’s work on Solvency II reform and Insurance Capital Standards. From September 2023 Tim has taken up the role of Group Capital Director focussing on, amongst other things, the implementation of regulatory reforms.

Tim is a Fellow of the Institute and Faculty of Actuaries and has a BSc in Mathematics from the University of Manchester.

Tim is the Chairman of the Boards and Bermuda Reinsurance Committees for both Legal & General Reinsurance Company Limited and Legal & General Reinsurance Company No.2 Limited.

Tim Stedman

Chairman and Legal & General Group Capital Director