Employer Active
Job Alert
You will be updated with latest job alerts via emailJob Alert
You will be updated with latest job alerts via emailSenior Capital Modelling Analyst
Leeds or London
The Opportunity:
We are excited to offer a fantastic opportunity for a Senior Capital Modelling Analyst to join our Capital Modelling team. The Capital Modelling team operates as a split location team across Leeds and London and we welcome applicants based out of either location.
The Capital Modelling team has grown in recent years due to growth in model use and additional regulatory requirements. The team is structured into risk area owners to allow the development of expertise and risk area responsibilities are reviewed annually to allow the team to develop wider knowledge.
In this role you will maintain and run systems for accurate data and analyses produce essential reports support planning and risk management coordinate globally and contribute to improving methodologies. Additionally you will have the chance to coach and develop junior team members sharing your knowledge and best practices. If you have experience in General Insurance strong communication skills and a proficiency in capital modelling we would love to hear from you. Join us at QBE where we value flexibility and career development.
Your New Role:
The purpose of this role is to manage projects for capital modelling and reporting ensuring effective capital management across the company. This will include supporting both regulatory submissions (including to Lloyds the PRA and the NBB) and model uses.
Given the fast pace and cyclical demand its important that you already have an indepth understanding of the workings of an Actuarial department and be driven to succeed.
Your primary responsibilities will include:
Maintain and run systems and procedures for accurate data and analyses in Capital Modelling to ensure accurate data is used and appropriate analyses produced.
Planning and executing smaller projects without direction. Contribute to the planning and of existing projects with multiple components. Targeting timely delivery of work with appropriate levels of review and governance.
Produce Capital Modelling analysis and reports for capital needs.
Support Capital Modelling output used in QBE planning investment and underwriting portfolio management capital and volatility management and reinsurance.
Comply with all material legal and regulatory requirements adhere to relevant actuarial standards and good practice.
Coordinate with other teams in the QBE Capital Modelling function globally so as to enable appropriate consistency of process and encourage the sharing and adopting of best practice.
Understand and follow formal documentation related to economic capital management ECM uses and reporting to governance forums.
Engage with relevant business users of Capital Modelling to promote the use of the ECM to enhance decisionmaking and consistency in risk assessment processes.
Identify opportunities for ECM improvement in methodology reliability consistency and business use.
Coach and develop junior team members sharing knowledge and best practices.
About You
To thrive in the role of a Senior Capital Modelling Analyst we would expect you to have:
Significant relevant General Insurance work experience.
Experience of working with senior stakeholders.
Ability to lead smaller projects.
Excellent analytical ability and problemsolving skills.
Proficiency in capital modelling with the capability to manage technical aspects independently.
Excellent communication skills with the ability to influence stakeholders.
Strong prioritisation skills and experience managing competing priorities.
Associate or nearly qualified actuary from the Institute of Actuaries or an equivalent body.
Experience in coaching and developing junior team members sharing knowledge and best practices.
Why QBE At My Best
At QBE we want our people to feel rewarded and inspired to perform at their best thats why we have created At My Best. Its our connection our way of showing we have your back. We understand that one size doesnt fit all and that priorities can change depending on your life stage. That is why our blend of wellbeing initiatives and benefits offer flexibility to suit what matters most to you. Its in the culture of our business our QBE DNA to support our people. Everything we do is underpinned by our QBE DNA.
Were an international insurer thats building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict whats around the corner but at QBE were asking the right questions to enable a more resilient future helping those around us build strength and embrace change to their advantage.
QBE aims to build a workplace that is fair and inclusive because we want to attract and retain the best people to do the job we have adopted flexible working across the company and welcome this conversation more than more than 13000 people working across 27 countries were big enough to make a real impact but small enough to provide a friendly workplace where people are downtoearth passionate and kind.
To find out more about why you should work for QBE visit our careers website.
At My Best QBE Benefits
You are more than your work and QBE is more than a workplace which is why we provide you with the benefits support and flexibility to help you concentrate on living your best life personally and professionally.
30 days holiday a year with the option to buy up to 2 additional days.
Flexible working balancing work and life is important so our flexible working opportunities are open to all this can include parttime job share and compressed hours.
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.
Family friendly policies we offer 26 weeks leave at full pay regardless of gender identity sexual orientation or how you become a parent.
Short term remote work abroad you can request up to 20 days per year to work remotely from certain locations abroad.
Sustainable investing we believe sustainable integration is important for long term financial environmental and social outcomes. Our pension strategy supports our netzero goal to achieve yearonyear reductions in carbon footprint by investing more in green businesses than the broader market so your savings are looking after the planets future as well as your own.
CycletoWork benefit from regular exercise whilst making your commute greener and cheaper select and bike and/or accessories up to the value of 5000.
To find out more visit our Reward Page
QBE Awards
Some of the awards QBE are proud to have won been a finalist for and shortlisted for include;
AXCO Global Insurance Awards 2024 Winner: Network Management of the Year
Insurance Business UK 5Star Cyber Awards 2024: QBE rated as a 5Star Cyber Insurer
UK IT Industry Awards 2023 Winner: Green Technology Innovation of the Year
Working Dads Employer Awards 2023 Winner: Parental Policies Award
Insurance Post British Insurance Awards 2023: QBE rated as a 5Star Employee
You can view all our awards here
Inclusion of Diversity
We are striving to create a workplace culture where all our people feel included and we are committed to building a diverse workforce that is reflective of the communities we operate in. We are proud to have partnerships with organisations such as Stonewall and Working Families and our commitment to the Women in Finance Charter the UN Womens Empowerment Principles and Race at Work charter helps keep us accountable and transparent. For more information on our strategy targets please take a look at our Careers Page
Accessibility
Here at QBE we are promoting an accessible workplace for all which includes supporting candidates to perform at their best during their recruitment process. If you require any accommodations please make your Talent Acquisition contact aware.
ESG & Sustainability
At QBE we believe that integrating sustainability into our business helps us deliver on our purpose of enabling a more resilient future. Our three key focus areas include fostering an orderly and inclusive transition to a netzero economy enabling a sustainable and resilient workforce and partnering for growth through innovative sustainable and impactful solutions. For further information regarding QBEs sustainability targets including our netzero pledges and inclusion of diversity targets and our awardwinning impact investment initiative Premiums4Good please visit our Sustainability homepage and read our latest Sustainability Report
What nextIf you have a passion to contribute to QBEs vision of enabling a more resilient future for our customers and the community we encourage you to apply! Simply click the apply button to submit your CV and other relevant documents and a member of our friendly Talent Acquisition team will be in contact to discuss your interest further if you meet the requirements of the role.
We believe this is our moment what if it was yours too
APPLY NOW and lets make it happen!
Skills:
Actuarial Science Business Management Capital Management Catastrophe Risk Management Communication Critical Thinking DetailOriented Financial Modeling Financial Products Intentional collaboration Managing performance Problem Solving Process Improvements Stakeholder Management Working IndependentlyHow to Apply:
To submit your application click Apply and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
Required Experience:
Senior IC
Full-Time