At a Glance
- Tasks: Lead capital modelling and collaborate with senior management to grow the syndicate.
- Company: A newly-established Lloyd's syndicate with a focus on innovation.
- Benefits: Competitive salary, career progression, and the opportunity to shape the capital modelling function.
- Other info: Opportunity to hire and mentor an analyst in the future.
- Why this job: Join a dynamic team and make a significant impact in a growing syndicate.
- Qualifications: Experience with Igloo and Lloyd's capital deliverables preferred.
The predicted salary is between 60000 - 80000 £ per year.
A newly-established Lloyd's syndicate is looking to recruit a capital modelling manager to take over capital modelling responsibilities from a contractor. The model developed so far is based on WTW's Igloo and the firm is likely to seek internal model approval next year.
The role will see the role holder work very closely with the senior management team (all non-actuaries) to help grow the syndicate. The work will include:
- Traditional Lloyd's capital modelling reporting deliverables
- Model runs and parametrisation
- Non-traditional work (primarily reinsurance analysis)
- Working on strategic business planning with the management team
The role is at individual contributor level although the firm expects the role holder to hire an analyst in the medium term.
The ideal candidate will have both Igloo experience and experience of Lloyd's capital deliverables. This role would suit a capital actuary (qualification is not essential if hands-on experience is good) who wishes to step up into a role where they are responsible for the entire capital modelling function.
Capital Manager in London employer: Hanover
Join a dynamic and innovative Lloyd's syndicate that values collaboration and growth, offering a unique opportunity for a Capital Manager to lead the capital modelling function. With a supportive work culture and a focus on professional development, employees are encouraged to expand their skills and take on new challenges. Located in a vibrant area, the firm provides a stimulating environment where your contributions directly impact the success of the syndicate.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Hanover. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Capital Manager 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 Hanover.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Hanover's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Hanover
✨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 Hanover.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Hanover will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Hanover employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
