At a Glance
- Tasks: Lead strategic capital modelling and enhance decision-making across the QBE division.
- Company: Join QBE Insurance, a global leader with a human touch.
- Benefits: Hybrid work, competitive salary, and opportunities for personal development.
- Other info: Collaborative environment with strong career growth potential.
- Why this job: Make a real impact in capital management and drive meaningful outcomes.
- Qualifications: Must be a qualified actuary with experience in capital modelling.
The predicted salary is between 60000 - 80000 £ per year.
hackajob is collaborating with QBE Insurance to connect them with exceptional professionals for this role.
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. Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.
The opportunity
We are hiring a Senior Manager, Capital Modelling, who will lead and enhance strategic model use within the EO Capital Modelling function, ensuring the Economic Capital Model (ECM) is embedded at the core of decision‑making, risk management and business partnering across the division. This is a highly visible role with genuine influence over how capital insights are translated into action.
Sitting at the heart of strategic capital management, this opportunity allows you to directly shape how capital considerations inform business planning, major transactions and reinsurance decisions. You’ll work closely with senior stakeholders across EO, FAL and the wider QBE Group, playing a key role in strengthening model use, governance and capability, while also leading and developing a high‑performing team. For someone motivated by impact, influence and the opportunity to see their analysis drive meaningful outcomes, this role offers both strategic breadth and depth.
Your new role:
- Strategic Model Use & Capital Insight: Oversee and maintain the EO management view of the ECM, ensuring it reflects the latest risk profile of the business. Promote the effective use of the ECM to enhance decision‑making and consistency in risk assessment processes. Utilise the ECM to support business planning ahead of Sub1 and Sub2 submissions, including analysis of earnings volatility, portfolio optimisation and capital intensity ratios. Lead strategic capital management activities across the QBE Division, including capital structure optimisation and assessment of capital impacts from strategic projects at EO and Group level.
- Capital Allocation & Transactions: Oversee and maintain a robust capital allocation methodology in support of the Head of Capital Business Partnering. Increase awareness and technical understanding of capital allocation and return on allocated capital (RoAC) across EO and FAL stakeholders. Oversee the assessment of capital implications for a range of business transactions, including Loss Portfolio Transfers (LPTs), acquisitions and disposals. Support commutations, reinsurance optimisation and the QBE reinsurance purchase process using the capital model.
- Regulatory Capital & Forecasting: Take responsibility for the production of regulatory capital forecasts to support capital and remittance planning. Drive the ongoing development and enhancement of capital forecasting methodologies. Apply a robust risk management framework and peer‑review processes across model use activities.
- Governance, Leadership & Stakeholder Engagement: Lead the FAL monthly Model Use Working Group, ensuring delivery of key activities and contributing to future model use strategy. Build strong, collaborative relationships with key stakeholders across the QBE Division and wider Group. Motivate, develop and lead team members, ensuring high performance standards and ongoing personal development.
About You
Must‑haves: Tertiary degree or equivalent combination of education and relevant work experience. Relevant actuarial society certification, such as Fellow of the Institute and Faculty of Actuaries (FIA) or Fellow of the Casualty Actuarial Society (FCAS).
Experience & capability: Fully qualified actuary with significant General Insurance experience. Strong background in capital modelling or capital management within the General Insurance industry. Proven experience in team leadership and senior stakeholder engagement. Highly skilled in data analysis, with strong proficiency in Excel, PowerPoint, SQL, VBA and capital modelling software (Igloo preferred). Commercially aware, collaborative and able to influence strategic decision‑making.
Capital Modelling Senior Manager in Liverpool employer: QBE Insurance
QBE Insurance is an exceptional employer, offering a dynamic work environment in London with hybrid working options that promote a healthy work-life balance. Employees benefit from generous holiday allowances, comprehensive health coverage, and robust pension contributions, all while being part of a collaborative culture that values innovation and personal growth. With a commitment to sustainability and diversity, QBE empowers its team to make a meaningful impact both within the company and in the wider community.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Modelling Senior Manager in Liverpool
✨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 QBE Insurance). 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 QBE Insurance. 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 Senior Manager in Liverpool
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 QBE Insurance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at QBE Insurance. 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 QBE Insurance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at QBE Insurance 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 QBE Insurance, 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 QBE Insurance'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.
