At a Glance
- Tasks: Lead capital modelling and collaborate with senior management to grow the syndicate.
- Company: Dynamic Lloyd's syndicate with a focus on innovation and growth.
- Benefits: Competitive salary, career progression, and the chance to shape the capital modelling function.
- Other info: In-office attendance required; opportunity to hire and mentor an analyst.
- Why this job: Step up your career in a pivotal role with real impact on strategic business planning.
- Qualifications: Experience with Igloo and Lloyd's capital deliverables; hands-on experience valued over formal qualifications.
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 as well as non-traditional work (primarily reinsurance analysis and 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.
Please note this role will require some in office attendance, and is not suitable for fully remote candidates.
Capital Modelling 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 Modelling 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, all while working closely with senior management to shape the future of the syndicate. Located in a vibrant area, this role not only provides meaningful work but also the chance to make a significant impact in a newly-established team.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Modelling Manager in London
✨Dive Into Industry Networking Events
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We think you need these skills to ace Capital Modelling Manager in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Hanover.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hanover. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Hanover
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hanover to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Hanover, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Hanover's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
