At a Glance
- Tasks: Lead capital modelling processes and support key business decisions.
- Company: Established Lloyd's syndicate with a strong reputation.
- Benefits: Competitive salary, flexible working, and career development opportunities.
- Other info: Collaborative team environment with opportunities for growth.
- Why this job: Make a real impact in capital management and risk assessment.
- Qualifications: Qualified GI actuary with strong capital modelling experience.
The predicted salary is between 51750 - 63250 £ per year.
Location: London / 2-3 days per week in office
Salary: Competitive, dependent on experience
We are working with a well-established Lloyd's syndicate who are looking to appoint a Capital Modelling Manager to join their team. This is a broad capital role covering the production and delivery of regulatory and economic capital requirements, development and use of the capital model, and supporting the business with capital and risk-related decisions.
The role
- Managing key capital modelling processes, including:
- Production of Lloyd's SCRs and economic capital requirements
- Managing the parameterisation and development of the capital model
- Assessing and addressing limitations within capital modelling methodologies
- Supporting model validation and maintaining Internal Model documentation
- Embedding the use of the capital model across the business and supporting decision-making
- Providing capital analysis around areas such as underwriting portfolios, reinsurance and investment strategy
- Managing capital allocation and risk appetite assessments
- Supporting the ORSA and liaising with Lloyd's and the PRA
- Managing and developing members of the capital modelling team
About you
We are looking for a qualified GI actuary with:
- Strong capital modelling experience within Lloyd's
- Experience of stochastic modelling of insurance risks
- Experience managing projects and/or people
- Strong communication skills and experience presenting to senior stakeholders
- Good knowledge of Igloo or equivalent capital modelling software
- A good understanding of the Solvency UK framework
- Experience overseeing Lloyd's SCRs, working with regulators, portfolio optimisation or strategic use of capital models would be advantageous.
Interested? If you're a qualified actuary with a strong capital modelling background and are interested in finding out more, please get in touch for a confidential discussion.
Capital Modelling Manager in London employer: Jobiqo
Bromley Council is an exceptional employer, dedicated to fostering a supportive and inclusive work environment where employees can thrive. With a strong commitment to professional development, flexible working arrangements, and a generous benefits package, including a local government pension scheme and unique discounts, the Council prioritises employee well-being and career growth. Located in the vibrant Bromley Civic Centre, you will be part of a team that plays a crucial role in shaping the future of the borough while enjoying the balance of urban and suburban life.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Modelling Manager in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Jobiqo). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Jobiqo. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
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 Jobiqo.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Jobiqo. 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 Jobiqo
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Jobiqo 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 Jobiqo, 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 Jobiqo'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.
