At a Glance
- Tasks: Lead capital modelling strategy and ensure compliance with regulatory requirements.
- Company: Join QBE, a global insurer with a collaborative and innovative culture.
- Benefits: Enjoy 30 days holiday, private medical insurance, and remote work options.
- Other info: Dynamic role with opportunities for professional growth and team development.
- Why this job: Shape the future of capital modelling and influence high-level decision-making.
- Qualifications: Qualified Actuary with expertise in capital modelling and strong leadership skills.
The predicted salary is between 60000 - 80000 £ per year.
Primary Details
- Time type: Full time
- Worker type: Employee
- Location: London (hybrid working)
- Employment Type: Full‑time, Permanent
About QBE
QBE is an international insurer with more than 13,000 people across 26 countries.
The Opportunity
As Head of Capital Modelling, you’ll play a critical leadership role shaping and evolving QBE’s internal capital model, ensuring robust regulatory outcomes and meaningful commercial insight. This role defines the future of capital modelling, influencing decision‑making at the highest level while modernising models, tools and capabilities. Right to work in the UK is required; sponsorship may be considered at QBE’s discretion.
Responsibilities
- Set the capital modelling strategy and roadmap, aligning modelling capabilities with QBE’s commercial objectives and regulatory requirements.
- Provide senior technical leadership across methodologies, assumptions and model design, ensuring ongoing integrity and robustness.
- Lead the delivery of regulatory capital modelling outputs, including oversight of Solvency II (and equivalent) requirements and internal model compliance.
- Act as a trusted advisor to senior stakeholders, translating complex capital model outputs into clear, commercially meaningful insights.
- Enable the effective use of capital models in decision‑making, including capital allocation, reinsurance optimisation, stress testing and strategic transactions.
- Establish and maintain a strong model governance and control environment, including documentation, validation and regulatory engagement.
- Lead the modernisation and continuous improvement of modelling tools, processes and infrastructure.
- Build and develop a high‑performing actuarial team, setting clear priorities and fostering a culture of quality, collaboration and innovation.
- Partner closely with Capital Management, Capital Business Partnering and senior leadership to ensure alignment across the capital function.
Qualifications
- Qualified Actuary (or equivalent) with deep expertise in capital modelling within insurance or reinsurance.
- Strong understanding of regulatory capital frameworks (e.g. Solvency II) and internal model methodologies.
- Proven ability to apply capital modelling insights to business decision‑making and strategy.
- Experience engaging with regulators, Boards and senior stakeholders, with the ability to communicate complex concepts clearly.
- Demonstrated leadership capability, including building and developing high‑performing teams.
- Strong commercial perspective, with the ability to connect technical outputs to business outcomes.
Benefits
- 30 days holiday a year, with the option to buy up to 2 additional days.
- Pension – automatic enrolment with 10% employer contributions on basic salary.
- Private medical insurance – fully comprehensive private medical cover for you and all family.
- Short‑term remote work abroad – up to 20 days per year to work remotely from certain locations abroad.
Equal Employment Opportunity
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Head Of Capital Modelling in London employer: hackajob
QBE is an exceptional employer, offering a dynamic work environment in London with hybrid working options that promote a healthy work-life balance. Employees benefit from generous holiday allowances, comprehensive private medical insurance, and robust pension contributions, all while being part of a collaborative culture that prioritises innovation and professional growth. As the Head of Capital Modelling, you will have the opportunity to lead a high-performing team and influence strategic decision-making at the highest levels, making a meaningful impact within the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Head Of Capital Modelling in London
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We think you need these skills to ace Head Of Capital Modelling in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to hackajob.
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How to prepare for a job interview at hackajob
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with hackajob.
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