At a Glance
- Tasks: Lead risk capital modelling and enhance tools for accuracy and efficiency.
- Company: Join Everest Global Services, a leader in risk management.
- Benefits: Competitive salary, global opportunities, and professional development.
- Other info: Collaborative culture with opportunities across multiple global locations.
- Why this job: Make a real impact on strategic decision-making in a dynamic environment.
- Qualifications: Experience in risk management and strong analytical skills required.
The predicted salary is between 100000 - 150000 £ per year.
The Enterprise Risk Management team needs a Risk Capital Modelling Director experienced with Bermuda Regulation. The role supports analytics across the Group, US and Bermuda entities and collaborates with stakeholders across the organization.
Responsibilities
- Conduct reviews of BSCR calculations for Group and US entities to support effective challenge of the first line.
- Maintain and enhance BSCR calculation tools (Excel, actuarial software, internal models) for accuracy and efficiency.
- Implement BMA rules and guidance into processes and modelling solutions.
- Analyse changes in regulatory capital and BSCR ratio over time, considering underwriting, reserving, market, credit and operational risks.
- Deliver comprehensive analysis and insights on capital adequacy to inform business planning, determine risk appetite, and facilitate strategic decision-making.
- Conduct or support capital impact assessments across multiple scenarios and stress tests involving new products, business lines, or reinsurance structures.
- Explore capital optimization, including refining reinsurance strategies, legal entity structures and intra-group transactions.
- Engage collaboratively with Risk Management, Finance, Actuarial and Investments teams to ensure alignment between regulatory capital, economic capital, ORSA/ERM frameworks such as risk appetite and stress testing activities.
- Effectively communicate complex regulatory capital concepts to non-actuarial stakeholders, such as senior management, in a clear and concise manner.
- Facilitate training and knowledge sharing.
Risk Director in London employer: Everest
Contact Detail:
Everest Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Director in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those already working at Everest Global Services. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of Bermuda regulations and BSCR calculations. We want you to be able to discuss these topics confidently, showing you’re the perfect fit for the Risk Director role.
✨Tip Number 3
Don’t forget to showcase your analytical skills! Be ready to share examples of how you've tackled complex risk scenarios in the past. This will help demonstrate your ability to deliver comprehensive analysis and insights.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Everest Global Services.
We think you need these skills to ace Risk Director in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Risk Director role. Highlight your experience with BSCR calculations and Bermuda regulations, as well as any relevant analytics work you've done. 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 the perfect fit for the role. Mention specific experiences that relate to capital modelling and stakeholder collaboration. We love seeing genuine enthusiasm for the position!
Showcase Your Analytical Skills: In your application, don’t forget to showcase your analytical skills. Provide examples of how you've conducted capital impact assessments or stress tests in the past. We’re keen on candidates who can deliver insights that drive strategic decision-making.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it’s super easy to do!
How to prepare for a job interview at Everest
✨Know Your Regulations
Make sure you brush up on Bermuda regulations and any relevant guidelines. Being able to discuss how these regulations impact risk management will show that you're not just familiar with the theory, but also understand its practical implications.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've conducted capital impact assessments or stress tests in the past. Use data and metrics to back up your claims, as this will demonstrate your analytical prowess and ability to deliver insights.
✨Collaborate Like a Pro
Since the role involves working with various teams, think of examples where you've successfully collaborated with finance, actuarial, or investment teams. Highlight your communication skills and how you can convey complex concepts to non-experts.
✨Be Ready for Scenario Questions
Expect questions that ask you to analyse hypothetical scenarios involving new products or reinsurance structures. Practise articulating your thought process and decision-making criteria, as this will showcase your strategic thinking and risk appetite understanding.