At a Glance
- Tasks: Support capital management with analytics, catastrophe modeling, and financial reporting.
- Company: Direct Line Group is a customer-focused insurance powerhouse with diverse expertise.
- Benefits: Enjoy flexible hybrid work, generous leave, and discounts on insurance and EV leasing.
- Why this job: Join a collaborative team shaping financial futures while embracing diversity and innovation.
- Qualifications: Analytical background with data manipulation skills; knowledge of reinsurance is a plus.
- Other info: We value individuality and support diverse working styles for all applicants.
The predicted salary is between 36000 - 60000 £ per year.
About Us
At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.
Within the Capital Management team, we are committed to shaping the financial future of Direct Line Group. Reporting to the Head of Capital and Reinsurance, you’ll be part of a team of accomplished and experienced financial professionals with backgrounds across accounting, actuarial, forecasting, reinsurance and insurance, catastrophe modelling and climate science.
Capital Management contributes to project teams across Finance and the wider Group, and works with external specialists and professional advisors (corporate brokers, reinsurance brokers, legal advisors etc.).
What you’ll be doing:
To support the capital management function by providing analytical support across the capital management team. You will contribute to the management of the Group’s balance sheet through the use of reinsurance, balance sheet structuring, exposure management and catastrophe modelling.
- You will work across Reinsurance, Corporate Insurance, Capital Management and Exposure Management depending on demand.
- Help produce several analytics across the capital management team as needed by senior members of the team.
- Help co-ordinate and manage tasks and projects as needed by senior members of the team.
- Support will include:
- Run catastrophe modelling software to help understand and advise on accumulation risks.
- Produce quarterly accumulation reports, highlighting important changes.
- Help develop scenario tests and other main risk indicators.
- Support our model validation programme by testing the performance of catastrophe models against our data and make recommendations about which models to use and adjustments to make so that these best match our risk profile.
- Provision of financial analysis, forecasts, data and reports.
- Produce management information for reinsurance and insurance renewals or claims.
- Support the production of solvency and liquidity monitoring.
- Support the production of the balance sheet and rating agency forecasts.
- Provide support for projects such as planning, governance, commercial and financial impact of change.
What you’ll need:
We’re looking for someone with a background in an analytical role who can support our Capital Management function and provide analytical support across the capital management team.
You’ll be able to manipulate and present data, and collaborate with colleagues and stakeholders, driving tasks forward.
We’re looking for someone who shows curiosity, and if you already understand reinsurance, insurance, capital and exposure management concepts – so much the better!
Ways of Working
Our hybrid model way of working offers a ‘best of both worlds’ approach combining the best parts of home and office-working, offering flexibility for everyone. When you’ll be in the office depends on your role, but most colleagues are in 2 days a week, and we’ll consider the flexible working options that work best for you.
Benefits
We recognise we wouldn’t be where we are today without our colleagues, that’s why we offer excellent benefits designed to suit your lifestyle:
- 9% employer contributed pension
- 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
- Eligible for annual bonus of up to 10%
- EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
- Generous annual leave.
- Buy as you earn share scheme
- Employee discounts and cashback
- Plus many more
Being yourself
Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We’re delighted to feature as one of the UK’s Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.
We know you’re more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.
Let’s grow your way.
Collectively we help every business within our group aim higher. Standing shoulder to shoulder to stand out in the market, we want to be an insurance company of the future. And with so many areas to choose from, your ambitions are welcome here. Visit
Capital Management Analyst employer: Direct Line Insurance Group plc
Contact Detail:
Direct Line Insurance Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Capital Management Analyst
✨Tip Number 1
Familiarize yourself with catastrophe modeling software, as this is a key part of the role. Understanding how to run these models will not only help you in interviews but also demonstrate your proactive approach to learning.
✨Tip Number 2
Network with professionals in the insurance and reinsurance sectors. Engaging with industry experts can provide insights into current trends and challenges, which will be beneficial during discussions with the hiring team.
✨Tip Number 3
Stay updated on financial regulations and market conditions that affect capital management. Being knowledgeable about these topics will show your commitment to the field and your ability to contribute meaningfully from day one.
✨Tip Number 4
Prepare to discuss your analytical skills and experiences in data manipulation. Be ready to share specific examples of how you've used data to drive decisions or improve processes in previous roles.
We think you need these skills to ace Capital Management Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Capital Management Analyst position. Familiarize yourself with key concepts such as reinsurance, capital management, and catastrophe modeling.
Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job description. Emphasize any analytical roles you've held and your ability to manipulate and present data effectively.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific experiences that demonstrate your analytical skills and curiosity about the insurance industry.
Highlight Team Collaboration: In your application, emphasize your ability to collaborate with colleagues and stakeholders. Provide examples of how you've successfully worked in teams to drive tasks forward, as this is crucial for the role.
How to prepare for a job interview at Direct Line Insurance Group plc
✨Understand the Role
Make sure you have a clear understanding of the Capital Management Analyst role. Familiarize yourself with key concepts like reinsurance, balance sheet structuring, and catastrophe modeling. This will help you answer questions confidently and demonstrate your knowledge.
✨Show Your Analytical Skills
Prepare to discuss your analytical experience in detail. Be ready to provide examples of how you've manipulated and presented data in previous roles. Highlight any specific tools or software you've used that are relevant to the position.
✨Demonstrate Curiosity
The company values curiosity, so be prepared to ask insightful questions about the team and the projects they work on. This shows your interest in the role and your willingness to learn and grow within the company.
✨Collaborate Effectively
Since the role involves working with various stakeholders, emphasize your collaboration skills. Share examples of how you've successfully worked in teams, managed tasks, and driven projects forward in your previous positions.