At a Glance
- Tasks: Lead a Capital Modelling team and manage regulatory capital reporting.
- Company: Join a global market leader in the insurance industry.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative culture with opportunities for career advancement.
- Why this job: Make a real impact in risk assessment and decision-making processes.
- Qualifications: Qualified Actuary with experience in capital modelling and strong problem-solving skills.
The predicted salary is between 70000 - 90000 € per year.
Join us as a Capital Modelling Actuary Manager to take your career to the next level with a global market leader.
How you will create an impact:
You will be the manager of a Capital Modelling team responsible for maintaining the Talbot internal model to enable an efficient and timely delivery of the assessment, aggregation, and reporting of all quantifiable risks to inform decision making as well as to meet regulatory requirements.
Some of the key responsibilities include:
- Accountable for the delivery of the S2478 Solvency UK/Lloyd’s regulatory capital reporting requirements. This includes, but is not limited to, the SCR submissions to Lloyd’s (i.e. LCR forms and all other associated returns), application of the Internal Model Change Policy for model updates and the production of the annual PRA Internal Model Output (“IMO”) and standard formula submissions to Lloyd’s.
- Internal Model development: Leading the development of business related functionality and outputs that will support the business. Developments are conducted in line with the Internal Model Change Policy.
- Business planning process and group strategic initiatives – leading/conducting analysis and investigations as they may arise, producing and presenting analysis to senior management.
- To support effective Internal Model governance and to produce/present internal model analysis/documentation to senior management and the Internal Model Governance Committee.
- Promote the use and understanding of the Internal Model and its outputs within the business.
- Collaborate with teams across the syndicate to ensure the Internal Model adequately reflects the latest view of the syndicate risk profile and to contribute to the validation of the Internal Model.
- Identifying and documenting Internal Model Limitations in line with Internal Model Limitations Statement of Operating Practice.
What you’ll need to succeed:
- Qualified Actuary
- Lloyd’s insurance related work experience in capital modelling or a mixed actuarial role
- Quantitative background is necessary
- Enjoys investigating and solving problems
- Excellent communication skills, both written and oral
Capital Modelling Actuary Manager employer: Talbot Underwriting
As a Capital Modelling Actuary Manager with us, you will thrive in a dynamic and supportive work environment that champions professional growth and innovation. Our commitment to employee development is matched by our collaborative culture, where your insights will directly influence strategic decisions within a leading global firm. Located in a vibrant area, we offer competitive benefits and a unique opportunity to engage with diverse teams, ensuring your contributions are valued and impactful.
StudySmarter Expert Advice🤫
We think this is how you could land Capital Modelling Actuary Manager
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. We can’t stress enough how personal connections can open doors that applications alone can’t.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to capital modelling. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your expertise! Bring along examples of your previous work or projects that highlight your skills in capital modelling. We love seeing real-life applications of your knowledge during interviews.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can leave a lasting impression. We believe it shows your enthusiasm and professionalism, which can set you apart from other candidates.
We think you need these skills to ace Capital Modelling Actuary Manager
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Capital Modelling Actuary Manager role. Highlight your relevant experience in capital modelling and any specific projects that align with the job description. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you the perfect fit. Don’t forget to mention your experience with Lloyd’s insurance and any quantitative work you've done.
Showcase Your Problem-Solving Skills:Since the role involves investigating and solving problems, make sure to include examples of how you've tackled challenges in your previous roles. We love seeing candidates who can think critically and come up with innovative solutions!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Talbot Underwriting
✨Know Your Numbers
As a Capital Modelling Actuary Manager, you'll need to demonstrate your quantitative skills. Brush up on key metrics related to Solvency II and Lloyd’s regulatory requirements. Be ready to discuss how you’ve applied these in past roles.
✨Showcase Your Leadership Skills
Since you'll be managing a team, it's crucial to highlight your leadership experience. Prepare examples of how you've led teams in the past, particularly in capital modelling or similar projects, and how you foster collaboration across departments.
✨Communicate Clearly
Excellent communication is key for this role. Practice explaining complex actuarial concepts in simple terms. You might be asked to present findings to senior management, so being able to convey your ideas clearly will set you apart.
✨Prepare for Problem-Solving Questions
Expect questions that assess your problem-solving abilities. Think of specific challenges you've faced in capital modelling and how you approached them. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.
