At a Glance
- Tasks: Lead capital modelling strategy and influence high-level decision-making.
- Company: Join QBE, a global insurer with a human touch.
- Benefits: 30 days holiday, private medical insurance, and remote work options.
- Other info: Dynamic team environment with opportunities for professional growth.
- Why this job: Shape the future of capital modelling and make a real impact.
- Qualifications: Qualified Actuary with expertise in capital modelling and strong leadership skills.
The predicted salary is between 80000 - 100000 £ per year.
The Opportunity
How do you ensure capital insights genuinely shape business strategy? As Head of Capital Modelling, you’ll play a critical leadership role in shaping and evolving QBE’s internal capital model—ensuring it delivers both robust regulatory outcomes and meaningful commercial insight. This is an opportunity to define the future of capital modelling, influencing decision-making at the highest level while leading the continued modernisation of models, tools and capabilities. Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.
About QBE
At QBE, we get to the heart of what matters for our customers. And we do it all with a human touch. We’re an international insurer with more than 13,000 people working across 26 countries – which means we’re big enough for your ambitions, yet small enough for you to make a real impact. It’s an exciting time. We’re building momentum towards our vision to become the most consistent and innovative risk partner. What if you could have a positive impact – at work and in the world? As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind.
Your new role
- Set the capital modelling strategy and roadmap, aligning modelling capabilities with QBE’s commercial objectives and regulatory requirements.
- Provide senior technical leadership across methodologies, assumptions and model design, ensuring ongoing integrity and robustness.
- Lead the delivery of regulatory capital modelling outputs, including oversight of Solvency II (and equivalent) requirements and internal model compliance.
- Act as a trusted advisor to senior stakeholders, translating complex capital model outputs into clear, commercially meaningful insights.
- Enable the effective use of capital models in decision-making, including capital allocation, reinsurance optimisation, stress testing and strategic transactions.
- Establish and maintain a strong model governance and control environment, including documentation, validation and regulatory engagement.
- Lead the modernisation and continuous improvement of modelling tools, processes and infrastructure.
- Build and develop a high-performing actuarial team, setting clear priorities and fostering a culture of quality, collaboration and innovation.
- Partner closely with Capital Management, Capital Business Partnering and senior leadership to ensure alignment across the capital function.
About you
- Qualified Actuary (or equivalent) with deep expertise in capital modelling within insurance or reinsurance.
- Strong understanding of regulatory capital frameworks (e.g. Solvency II) and internal model methodologies.
- Proven ability to apply capital modelling insights to business decision-making and strategy.
- Experience engaging with regulators, Boards and senior stakeholders, with the ability to communicate complex concepts clearly.
- Demonstrated leadership capability, including building and developing high-performing teams.
- Strong commercial perspective, with the ability to connect technical outputs to business outcomes.
Benefits
We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:
- 30 days holiday a year with the option to buy up to 2 additional days.
- Pension – you are automatically enrolled into the QBE pension plan, which entitles you to receive employer contributions of 10% of your basic salary.
- Private medical insurance – we fund fully comprehensive private medical cover for you and all the family.
- Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
Awards & Recognition
We value our employee’s experience with us and are proud to have been recognised for the following awards:
- Insurance Post British Insurance Awards 2025: Winner: Commercial Lines Insurer of the Year, Winner: Reinsurer of the Year - QBE Re, Winner: ESG, Diversity, Equity and Inclusion Initiative of the Year, Winner: Insurance Personality of the Year - Chris Wallace, Executive Director UK insurance.
- AXCO Global Insurance Awards 2024 Winner: Network Management of the Year.
- Insurance Business UK 5-Star Cyber Awards 2024: QBE rated as a 5-Star Cyber Insurer.
- Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee.
Apply now and let’s make it happen! If you’re looking for a career that combines your expertise and your empathy, click Apply today. Your career. At the heart of it.
Skills: Actuarial Science, Capital Management, Coaching for success, Communication, Critical Thinking, Customer Service, Financial Modeling, Influencing, Intentional collaboration, Managing performance, Navigating ambiguity, Problem Solving, Risk Management, Stakeholder Management, Team Management.
How to Apply: To submit your application, click "Apply" and follow the step by step process.
Head Of Capital Modelling employer: QBE Insurance Group
At QBE, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. As the Head of Capital Modelling in London, you will benefit from a generous holiday allowance, comprehensive private medical insurance, and opportunities for professional growth within a supportive environment. Join us to make a meaningful impact while enjoying the flexibility of hybrid working and the chance to work with passionate colleagues dedicated to shaping the future of risk management.
StudySmarter Expert Advice🤫
We think this is how you could land Head Of Capital Modelling
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their capital modelling strategies and think about how your skills align with their goals. This will help you stand out as a candidate who truly gets them.
✨Tip Number 3
Practice your pitch! Be ready to explain your experience and how it relates to the role of Head of Capital Modelling. Keep it concise but impactful, showing how you can drive their capital insights forward.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Head Of Capital Modelling
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Head of Capital Modelling role. Highlight your experience in capital modelling and regulatory frameworks like Solvency II. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about capital modelling and how you can contribute to QBE's vision. Keep it engaging and relevant to the role.
Showcase Your Leadership Skills:As a leadership role, we’re keen to see examples of how you've built and developed high-performing teams. Share specific instances where your leadership made a difference in your previous roles.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at QBE Insurance Group
✨Know Your Capital Modelling Inside Out
Make sure you brush up on your knowledge of capital modelling frameworks, especially Solvency II. Be ready to discuss how these frameworks influence business strategy and decision-making, as this will show your deep understanding of the role.
✨Prepare for Technical Questions
Expect to face technical questions about methodologies and assumptions in capital modelling. Practise explaining complex concepts in simple terms, as you'll need to demonstrate your ability to communicate effectively with senior stakeholders.
✨Showcase Your Leadership Skills
Be prepared to discuss your experience in building and leading high-performing teams. Share specific examples of how you've fostered a culture of collaboration and innovation, as this is crucial for the Head of Capital Modelling role.
✨Align with QBE's Vision
Research QBE’s mission and values, and think about how your personal goals align with their vision of becoming an innovative risk partner. This will help you articulate why you're a great fit for the company during the interview.
