At a Glance
- Tasks: Lead capital modelling across multiple regulated entities and ensure compliance with Solvency II.
- Company: A leading international (re)insurance business with a strong reputation.
- Benefits: Competitive contract rate, flexible working arrangements, and opportunities for professional growth.
- Other info: Dynamic role with exposure to international regulatory environments and team management.
- Why this job: Make a significant impact in the insurance sector while leading innovative capital modelling initiatives.
- Qualifications: Extensive capital modelling experience and strong knowledge of Solvency II regulations.
The predicted salary is between 80000 - 100000 € per year.
A leading international (re)insurance business is seeking an experienced capital modelling professional to lead capital modelling activity across multiple regulated entities, including Lloyd’s and European operations.
Key responsibilities include:
- Ownership of internal models
- SCR production
- Validation reporting
- Solvency II and Lloyd’s compliance
- ORSA support
- Stress testing and capital forecasting
- Overseeing outsourced providers
- Managing capital modelling resources
- Supporting senior management, regulators, rating agencies and external capital providers on capital-related matters
Candidates should have significant capital modelling experience within the Lloyd’s or wider insurance market, strong knowledge of Solvency II and internal model governance, and experience managing teams and external providers. Exposure to multiple entities, international regulatory environments and capital modelling platforms such as Igloo would be advantageous. Strong stakeholder management, communication and organisational skills are essential.
Those currently interested in stepping into a contract role who are in permanent positions as Head of Capital or Senior Capital jobs are welcome to apply, as well as those currently in capital contract roles whose assignments are coming to an end.
Contractor - Head of Capital in London employer: The Actuary
As a leading international (re)insurance business, we pride ourselves on fostering a dynamic work culture that values innovation and collaboration. Our employees benefit from comprehensive professional development opportunities, competitive remuneration, and the chance to work in a diverse environment that spans multiple regulated entities. Joining us means being part of a forward-thinking team where your expertise in capital modelling will be recognised and rewarded, all while contributing to impactful projects within the Lloyd’s and European markets.
StudySmarter Expert Advice🤫
We think this is how you could land Contractor - Head of Capital in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and capital modelling space. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Showcase your expertise! Prepare a portfolio that highlights your previous capital modelling projects, especially those involving Solvency II and Lloyd’s compliance. This will help you stand out during interviews.
✨Tip Number 3
Practice your pitch! Be ready to discuss your experience managing teams and external providers. Use specific examples to demonstrate your stakeholder management skills and how you've tackled challenges in the past.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Contractor - Head of Capital in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your capital modelling experience, especially within the Lloyd’s or wider insurance market. We want to see how your skills align with the key responsibilities mentioned in the job description.
Showcase Your Achievements:Don’t just list your duties; showcase your achievements in previous roles. Use specific examples that demonstrate your expertise in Solvency II compliance and internal model governance. This helps us see the impact you've made in your past positions.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Highlight your experience managing teams and external providers, and how you can support senior management and regulators effectively.
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 from us!
How to prepare for a job interview at The Actuary
✨Know Your Capital Modelling Inside Out
Make sure you brush up on your capital modelling knowledge, especially around Solvency II and internal model governance. Be ready to discuss your previous experiences in detail, as well as any specific projects you've led that relate to the role.
✨Showcase Your Stakeholder Management Skills
Prepare examples of how you've effectively managed stakeholders in past roles. This could include interactions with senior management, regulators, or external providers. Highlight your communication strategies and how you navigated complex situations.
✨Familiarise Yourself with Regulatory Environments
Since the role involves multiple regulated entities, it’s crucial to understand the different regulatory frameworks, especially those related to Lloyd’s and European operations. Research recent changes in regulations and be prepared to discuss their implications.
✨Demonstrate Leadership and Team Management Experience
Be ready to talk about your experience managing teams and overseeing outsourced providers. Share specific examples of how you’ve motivated your team and ensured successful project delivery, as this will show your capability to lead in this contract role.
