At a Glance
- Tasks: Develop and maintain internal capital models while ensuring compliance with regulations.
- Company: Join Brit, a forward-thinking company focused on risk management and innovation.
- Benefits: Inclusive culture, professional growth opportunities, and a supportive work environment.
- Other info: Dynamic team atmosphere with excellent accessibility and diverse employee resource groups.
- Why this job: Make a real impact in the world of risk and thrive in your career.
- Qualifications: Experience in actuarial science and strong analytical skills required.
The predicted salary is between 36000 - 60000 £ per year.
We’re looking for a Capital Modelling Actuary.
About Brit
At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That’s why we exist. To help people and businesses face the future and thrive. We are change-makers enabled by a global workforce who collaborate to deliver a risk service. A team empowered to help our customers not only to survive the risks they face, but to stay on the front foot and keep moving forward. We believe the uncertainty of tomorrow isn’t something to fear but to seize; that it’s full of potential. Not only for our customers but our employees too.
We might write the future of risk for our brokers and clients, but we would love to help you write your future at Brit: a future based on not just progressing but on thriving – both professionally and emotionally. If you’re looking for a place to make a real difference read on.
What you’ll be doing
As a Capital Modelling Actuary at Brit, you’ll play a key role in maintaining and developing our internal capital model under the Solvency II regime. You’ll be responsible for ensuring the model supports both regulatory submissions and internal decision-making, while also promoting its use across strategic and operational areas of the business. Working closely with the Actuary, Senior Actuary and Head of Capital Modelling, you’ll oversee the day-to-day operation of the model and ensure its outputs are timely, accurate and embedded within our Risk Management Framework.
You’ll help manage relationships with regulatory bodies including the PRA, Lloyd’s and the BMA, and you’ll support the preparation and presentation of model outputs to executive and board-level committees. Your work will also involve integrating the model with other key risk areas such as investment and exposure management, and ensuring that data inputs are robust, reliable and of high quality.
In addition, you’ll collaborate with colleagues across actuarial, finance and underwriting teams, and contribute to training and awareness initiatives for senior stakeholders. You’ll also support the Head of Capital in delivering reports to governance committees and regulators, ensuring that all outputs meet the highest standards of quality and compliance.
We welcome everyone wholeheartedly
We’ve got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we’ll be respected, valued and accepted whoever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations and suggestions about how we do things.
Accessibility
We are located in the Leadenhall Building on Leadenhall Street (EC3V 4AB) and are situated on floors 17, 18, and 39. All of our floors are accessible by lift, and there are building staff on hand to point you in the right direction. The closest train / underground / DLR links are: Liverpool Street Station (7 mins), Bank Station (6 mins), Fenchurch Street Station (6 mins), Aldgate Station (7 mins). The nearest bus stop is St Mary Axe (Stop LR or Z), which is located just outside the building. If you have any other questions regarding accessibility, please ask.
Capital Modelling Senior Analyst employer: Ki Insurance
At Brit, we pride ourselves on being an exceptional employer, offering a dynamic and inclusive work culture that empowers our employees to thrive both professionally and personally. Located in the iconic Leadenhall Building in London, we provide our Capital Modelling Senior Analysts with unparalleled opportunities for growth, collaboration, and meaningful impact within a diverse team dedicated to navigating the complexities of risk. With a strong focus on employee well-being and development, Brit is not just a place to work; it's a place to flourish.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Modelling Senior Analyst
✨Tip Number 1
Network like a pro! Reach out to current or former employees at Brit on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by understanding Brit's values and how they align with your own. Be ready to discuss how you can contribute to their mission of helping businesses thrive amidst uncertainty.
✨Tip Number 3
Showcase your skills in capital modelling during the interview. Bring examples of past projects where you’ve made a significant impact, especially those that involved regulatory submissions or risk management.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team at Brit.
We think you need these skills to ace Capital Modelling Senior Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Capital Modelling Senior Analyst role. Highlight relevant experience and skills that align with what we’re looking for at Brit. This shows us you’ve done your homework and are genuinely interested in the position.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about capital modelling and how you can contribute to our team. Keep it concise but engaging, and don’t forget to mention why you want to work with us at Brit.
Showcase Your Achievements:When detailing your experience, focus on your achievements rather than just responsibilities. Use specific examples that demonstrate your impact in previous roles, especially those related to risk management and regulatory compliance.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, you’ll find all the details you need right there!
How to prepare for a job interview at Ki Insurance
✨Know Your Capital Modelling Inside Out
Make sure you brush up on your knowledge of capital modelling, especially under the Solvency II regime. Be prepared to discuss how you would maintain and develop internal models, and think about examples from your past experience that demonstrate your expertise in this area.
✨Showcase Your Collaborative Spirit
Since the role involves working closely with various teams, be ready to share examples of how you've successfully collaborated with others in the past. Highlight any experiences where you’ve managed relationships with regulatory bodies or worked alongside actuarial, finance, and underwriting teams.
✨Prepare for Technical Questions
Expect some technical questions related to risk management frameworks and data quality. Brush up on key concepts and be ready to explain how you ensure model outputs are accurate and timely. It’s a good idea to have a few scenarios in mind where you’ve tackled similar challenges.
✨Emphasise Your Commitment to Quality and Compliance
Brit values high standards, so be prepared to discuss how you ensure compliance in your work. Think about how you’ve contributed to governance committees or prepared reports for regulators in the past, and be ready to articulate your approach to maintaining quality in all outputs.
