Capital Modelling Manager

Capital Modelling Manager

Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead capital modelling projects and provide actionable insights to drive business decisions.
  • Company: Join a cutting-edge (re)insurer with no legacy systems and innovative culture.
  • Benefits: Enjoy competitive salary, 30 days leave, private health insurance, and learning budget.
  • Why this job: Make a real impact in a dynamic team while shaping the future of capital modelling.
  • Qualifications: Experience in capital modelling and strong analytical skills required.
  • Other info: Great opportunities for career growth and collaboration with diverse teams.

The predicted salary is between 36000 - 60000 ÂŁ per year.

An opportunity to join a cutting‑edge (re)insurer with no legacy systems, no historical data and an off‑the‑shelf calculation kernel. As a Capital Modelling Manager at Convex, you work on more than just modelling; it’s about partnering with key business stakeholders, translating complex risk calculations into actionable, value‑adding insights. You will use your capital modelling and Actuarial skillset to help influence decisions and answer strategic questions across the business. For example, you might provide input into reinsurance purchase, capital management and asset‑liability management.

Key Responsibilities

  • The development and embedding of the Tyche capital model, including but not limited to building and executing robust and repeatable processes to:
  • Source relevant data for the capital model;
  • Parameterise and calibrate the capital model;
  • Ensure the appropriateness of methodologies and approaches used within the capital model calculation engine;
  • Run, test and validate the capital model;
  • Produce outputs and reports that are useful within the day to day, executive decision making of the company and any relevant regulatory and rating agency requirements;
  • Maintain adequate and proportionate documentation of key processes, decisions and governance of the capital model.
  • Champion understanding and use of the capital model within the business and executives, including designing and implementing innovative and practical uses of the capital model within the business.
  • Partner with the business to provide value‑adding insights on decisions, using business knowledge to create more meaningfully accurate modelling.
  • Lead multi‑disciplinary projects across Convex with the aim of providing insights to business stakeholders.
  • Lead and manage on areas of work within the capital modelling team to improve processes, clarity and embed use within the team.
  • Review of other team members work to ensure good governance of the capital model.
  • Provide support to junior team members in improving their capital modelling experience and understanding.
  • Skills Knowledge and Expertise

    • Robust grasp of capital modelling techniques, including Tyche / TCM within a London market (re)insurance environment.
    • Desire to be at the leading edge of capital modelling, capital and risk management, shareholder value optimisation, and making use of the latest technological innovations.
    • Able to digest and communicate complex technical issues clearly to a varied audience, both verbally and in writing.
    • Proven experience in nurturing stakeholder relationships, constantly seeking to add value and build connection.
    • Analytical in your approach with a passion for solving problems.
    • You have good credentials in Probability/Statistics/Bayesian Statistics.
    • Creative thinker, fitting in with Convex’ rapidly developing business and greenfield opportunities.
    • You thrive in a dynamic capital modelling team that values diverse experience levels and leverages external providers to enhance business‑as‑usual operations and streamline process‑intensive tasks.

    Benefits

    • Competitive Salary
    • 30 days Annual Leave
    • Birthday Leave
    • 10% Employer Pension Contribution
    • Private Health Insurance
    • Medical Cover
    • Group Income Protection
    • Life Assurance Cover
    • Enhanced Parental Leave
    • Annual Health Check
    • 3 days of Volunteer Leave each year
    • 10 days of help with care (elder/ childcare) through Bright Horizons
    • GBP 1,300 to spend on learning & wellbeing
    • Give as You Earn
    • Cycle to Work
    • Season Ticket Loan

    Capital Modelling Manager employer: Convex Insurance

    At Convex, we pride ourselves on being a forward-thinking (re)insurer that fosters a collaborative and innovative work culture. As a Capital Modelling Manager in London, you will not only have the opportunity to work with cutting-edge technology but also enjoy a comprehensive benefits package, including generous annual leave, private health insurance, and a strong commitment to employee development. Join us to be part of a dynamic team where your insights will directly influence strategic decisions and contribute to our growth.
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    Contact Detail:

    Convex Insurance Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Capital Modelling Manager

    ✨Tip Number 1

    Network like a pro! Reach out to people in the industry, attend events, and connect with potential colleagues on LinkedIn. The more connections we make, the better our chances of landing that Capital Modelling Manager role.

    ✨Tip Number 2

    Prepare for interviews by practising common questions related to capital modelling and risk management. We should also be ready to discuss how we can add value to the business using our skills. Confidence is key!

    ✨Tip Number 3

    Showcase our expertise! Create a portfolio or presentation that highlights our past projects and successes in capital modelling. This will help us stand out and demonstrate our ability to translate complex data into actionable insights.

    ✨Tip Number 4

    Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re genuinely interested in being part of the team at Convex.

    We think you need these skills to ace Capital Modelling Manager

    Capital Modelling Techniques
    Tyche / TCM
    Risk Management
    Stakeholder Relationship Management
    Analytical Skills
    Probability
    Statistics
    Bayesian Statistics
    Communication Skills
    Problem-Solving Skills
    Project Management
    Creative Thinking
    Documentation Skills
    Team Leadership

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV is tailored to the Capital Modelling Manager role. Highlight your experience with capital modelling techniques and any relevant projects you've worked on. We want to see how your skills align with what we're looking for!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about capital modelling and how you can add value to our team. Be sure to mention your ability to communicate complex ideas clearly, as that's key for us.

    Showcase Your Stakeholder Skills: In your application, don’t forget to highlight your experience in nurturing stakeholder relationships. We love candidates who can build connections and add value across the business, so share examples of how you've done this in the past.

    Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it shows you're keen on joining our team!

    How to prepare for a job interview at Convex Insurance

    ✨Know Your Capital Modelling Inside Out

    Make sure you brush up on your capital modelling techniques, especially Tyche and TCM. Be ready to discuss how you've applied these in real-world scenarios, as this will show your depth of knowledge and practical experience.

    ✨Showcase Your Stakeholder Skills

    Prepare examples of how you've nurtured relationships with stakeholders in the past. Highlight instances where your insights have added value to decision-making processes, as this is crucial for the role.

    ✨Communicate Complex Ideas Simply

    Practice explaining complex technical concepts in a straightforward manner. You might be asked to demonstrate this during the interview, so think about how you can break down intricate ideas for a varied audience.

    ✨Emphasise Your Problem-Solving Passion

    Be ready to discuss specific challenges you've faced in capital modelling and how you've approached solving them. This will showcase your analytical skills and creative thinking, which are key for thriving in a dynamic environment.

    Capital Modelling Manager
    Convex Insurance
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