At a Glance
- Tasks: Lead the design and execution of a Business Planning Model for strategic decisions.
- Company: Join a rapidly growing speciality Insurer with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Collaborative environment with senior stakeholder engagement and dynamic challenges.
- Why this job: Make a real impact on business strategy and decision-making in the insurance sector.
- Qualifications: Professional accounting or actuarial qualification and 5-10 years of financial modelling experience.
The predicted salary is between 70000 - 90000 £ per year.
We are currently partnering with a rapidly growing speciality Insurer to recruit a Lead Modeller. The successful candidate will drive the design, build, and governance of the Business Plan Model - which underpins key strategic business decisions within the Group, including forecasting, valuation, capital allocation and strategic planning.
Key responsibilities:
- Lead the design, development, and execution of the Business Planning Model (BPM) to support budgeting, forecasting, and long-term planning.
- Develop scenario analysis and sensitivity testing to inform management and board-level decision-making.
- Manage BPM version control, integrity checks, and documentation to ensure auditability and transparency.
- Collaborate with Finance, Pricing, Reserving, and Underwriting teams to translate modelling outputs into actionable insights.
- Support underwriting transactions, investment appraisals, and strategic initiatives through robust modelling and analysis.
- Interpret and present modelling outputs within a commercial context, with a strong focus on capital management in a (re)insurance environment.
- Oversee BPM inputs into the annual business planning cycle.
- Prepare and deliver reporting to support the business planning process.
- Ensure accuracy and consistency of planning data across all inputs and outputs.
- Enhance and refine forecasting methodologies to improve planning effectiveness.
- Present complex modelling results clearly and concisely to non-financial stakeholders.
- Engage with senior stakeholders to support strategic planning and decision-making.
The ideal candidate should have but not limited to:
- Professional accounting or actuarial qualification (ACA, ACCA, CIMA, CFA, AIA, FIA or equivalent).
- 5–10 years’ experience in financial modelling within a (re)insurance company.
- Proven experience leading (re)insurance business planning model development and review processes.
Lead Modeller, Reinsurance employer: Edenbrook
Join a rapidly growing speciality Insurer that values innovation and collaboration, offering a dynamic work environment where your expertise as a Lead Modeller will directly influence strategic business decisions. With a strong focus on employee development, you will have access to continuous learning opportunities and the chance to work alongside experienced professionals in a supportive culture that encourages growth and creativity. Located in a vibrant area, this role not only provides competitive benefits but also fosters a sense of community and purpose within the reinsurance sector.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Modeller, Reinsurance
✨Tip Number 1
Network like a pro! Reach out to folks in the insurance and finance sectors on LinkedIn. Join relevant groups and engage in discussions. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since you're aiming for a Lead Modeller role, be ready to discuss your experience with business planning models and how you've used them to drive strategic decisions. Practice explaining complex concepts in simple terms!
✨Tip Number 3
Showcase your collaborative spirit! Highlight experiences where you've worked with cross-functional teams like Finance, Pricing, and Underwriting. This will demonstrate your ability to translate modelling outputs into actionable insights, which is key for this role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search. Make sure to tailor your application to reflect your experience in financial modelling and strategic planning.
We think you need these skills to ace Lead Modeller, Reinsurance
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Lead Modeller role. Highlight your experience in financial modelling and any relevant qualifications. We want to see how your skills align with the job description, so don’t hold back!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for the role. Mention specific projects or experiences that relate to the Business Planning Model and how you can contribute to our team.
Showcase Your Collaboration Skills:Since this role involves working with various teams like Finance and Underwriting, make sure to highlight your collaboration skills. Share examples of how you've successfully worked with others to achieve common goals in your previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Edenbrook
✨Know Your Modelling Inside Out
Make sure you’re well-versed in the Business Planning Model (BPM) and its components. Brush up on your financial modelling skills, especially in a (re)insurance context, so you can confidently discuss how you would approach the design and execution of the BPM.
✨Prepare for Scenario Analysis Questions
Expect questions about scenario analysis and sensitivity testing. Think of examples from your past experience where you’ve used these techniques to inform decision-making. Be ready to explain how you would apply these methods to support strategic initiatives.
✨Showcase Your Collaboration Skills
Collaboration is key in this role, so be prepared to discuss how you’ve worked with Finance, Pricing, Reserving, and Underwriting teams in the past. Highlight specific instances where your modelling outputs led to actionable insights and improved business outcomes.
✨Communicate Complex Ideas Simply
You’ll need to present complex modelling results to non-financial stakeholders, so practice explaining your work in simple terms. Use clear examples to demonstrate how you can translate technical data into commercial insights that drive strategic planning.
