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- Tasks: Lead capital submissions and develop the Igloo Capital Model for high-quality outputs.
- Company: Dynamic insurance firm with a focus on innovation and teamwork.
- Benefits: Competitive salary, professional development, and leadership opportunities.
- Why this job: Step into a leadership role and make a significant impact in capital modelling.
- Qualifications: Experienced actuary with capital modelling and reserving expertise.
- Other info: Collaborative environment with opportunities to mentor and lead a team.
The predicted salary is between 72000 - 108000 £ per year.
Your primary role will be to lead the Lloyd’s capital submissions and co-ordinate the use and development of the Igloo Capital Model to create high quality output that is communicated effectively to Lloyd's, the Syndicate board, and senior management.
The wider group's capital model is also Igloo-based and you will also lead the parameterisation of reserve risk for the syndicate and group.
We are looking for an experienced actuary who can bring capital modelling experience, which can be from a consultancy or other environments. Experience of reserving and reserve risk parameterisation would be very welcome, especially if this includes casualty classes.
You will need to demonstrate the ability to lead a team of two actuarial students and to establish constructive working relationships with key stakeholders and colleagues across the group. Key stakeholders will include Lloyd's and the INEDs.
This would be a great step-up for a senior actuary looking to move into a capital leadership role.
Head of Capital Modelling in London employer: Hanover
Contact Detail:
Hanover Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Capital Modelling in London
✨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Head of Capital Modelling role.
✨Tip Number 2
Prepare for those interviews by brushing up on your capital modelling knowledge. We suggest you dive deep into the Igloo Capital Model and be ready to discuss how you’d lead submissions and parameterisation. Show them you’re the expert they need!
✨Tip Number 3
Don’t forget to showcase your leadership skills! When you’re chatting with potential employers, highlight your experience in leading teams and building relationships with stakeholders. We want to see how you can inspire and guide others.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us. Let’s get you that dream job!
We think you need these skills to ace Head of Capital Modelling in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Head of Capital Modelling role. Highlight your capital modelling experience and any relevant projects you've led, especially those involving Lloyd's submissions.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your experience with reserve risk parameterisation and how you can lead a team effectively.
Showcase Your Leadership Skills: Since this role involves leading a team, be sure to include examples of your leadership experience. Talk about how you've successfully managed teams or projects in the past and built strong relationships with stakeholders.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!
How to prepare for a job interview at Hanover
✨Know Your Capital Modelling Inside Out
Make sure you brush up on your knowledge of capital modelling, especially the Igloo Capital Model. Be prepared to discuss how you've used similar models in previous roles and how you can apply that experience to lead the Lloyd's capital submissions effectively.
✨Showcase Your Leadership Skills
Since you'll be leading a team of actuarial students, it's crucial to demonstrate your leadership abilities. Think of examples where you've successfully managed a team or project, and be ready to share how you foster collaboration and constructive relationships with stakeholders.
✨Prepare for Technical Questions
Expect technical questions related to reserving and reserve risk parameterisation. Brush up on casualty classes and be ready to explain complex concepts in a way that's easy to understand. This will show your depth of knowledge and ability to communicate effectively.
✨Engage with Stakeholders
Since key stakeholders include Lloyd's and INEDs, think about how you would engage with them. Prepare questions that show your interest in their perspectives and how you can align your work with their expectations. This will highlight your proactive approach and understanding of stakeholder management.
