At a Glance
- Tasks: Lead capital modelling strategy and influence high-level business decisions.
- Company: Join QBE, a global insurer with a human touch and a collaborative culture.
- Benefits: Enjoy 30 days holiday, private medical insurance, and remote work options.
- Other info: Dynamic environment with opportunities for professional growth and innovation.
- Why this job: Shape the future of capital modelling and make a real impact in the industry.
- Qualifications: Qualified Actuary with expertise in capital modelling and strong leadership skills.
The predicted salary is between 80000 - 100000 £ per year.
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.
At QBE, we get to the heart of what matters for our customers. 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.
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:
- 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 various awards.
To submit your application, click "Apply" and follow the step by step process.
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Head Of Capital Modelling employer: QBE
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 remotely from abroad.
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 with potential colleagues 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 experience aligns with their goals. This will help you stand out as a candidate who truly gets what they’re about.
✨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, focusing on how you can contribute to their success.
✨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 reflects the skills and experiences that align with the Head of Capital Modelling role. Highlight your expertise in capital modelling and any leadership experience you have, as this is key for us.
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 job description.
Showcase Your Achievements:Don’t just list your responsibilities; showcase your achievements in previous roles. Use specific examples that demonstrate your impact on business strategy and decision-making, as this will resonate with us.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at QBE
✨Know Your Capital Modelling Inside Out
Make sure you have a solid grasp of capital modelling principles, especially in relation to regulatory frameworks like Solvency II. Brush up on your technical knowledge and be ready to discuss how these insights can influence business strategy.
✨Prepare for Stakeholder Engagement
Since you'll be acting as a trusted advisor to senior stakeholders, practice translating complex capital model outputs into clear, actionable insights. Think about examples from your past experience where you've successfully communicated technical concepts to non-technical audiences.
✨Showcase Your Leadership Skills
Be prepared to discuss your experience in building and developing high-performing teams. Highlight specific instances where you've fostered a culture of collaboration and innovation, as this will resonate well with the leadership aspect of the 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. Be ready to express how you can contribute to their objectives and the modernisation of their capital modelling tools and processes.
