At a Glance
- Tasks: Lead the Capital team and manage capital modelling and regulatory reporting.
- Company: Join a leading Specialty Insurer in the Lloyd's Market.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to collaborate with senior leadership and diverse teams.
- Why this job: Make a significant impact on capital strategy and decision-making.
- Qualifications: Strong knowledge of Lloyd's capital requirements and extensive capital modelling experience.
The predicted salary is between 63000 - 77000 £ per year.
Edenbrook are currently partnering with a leading Specialty Insurer within the Lloyd's Market on a Head of Capital hire.
Key Responsibilities
- Lead and manage the Capital team, including resource planning, performance, and staff development.
- Oversee the maintenance, development, and validation of the internal capital model, ensuring it remains fit for purpose.
- Produce and deliver capital modelling outputs and regulatory reporting (e. g. SCR, ORSA, reserve ranges, risk distributions) within agreed deadlines.
- Collaborate with underwriting, pricing, reserving, finance, claims, reinsurance, and risk teams to support capital modelling and decision-making.
- Present capital insights and recommendations to senior leadership and governance committees.
- Maintain model documentation, governance, and change controls.
- Conduct annual peer review of best estimate reserves to ensure consistency with capital model assumptions.
- Key Skills & Experience
- Strong knowledge of Lloyd's capital requirements and regulatory processes.
- Extensive capital modelling experience, including at least 3 years in a senior role.
- Experience using Tyche capital modelling software.
- Experience presenting to Boards and senior executives.
- University degree and/or relevant professional qualification (e. g. FIA or equivalent).
Head of Capital 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 Head of Capital 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 Head of Capital 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.
