Capital Modelling Manager
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Job Summary
Primary Details
Time Type: Full timeWorker Type: EmployeeTo be finalisedCapital Modelling Manager
London / Leeds
Permanent (Hybrid)
About QBE
At QBE we get to the heart of what matters for our customers. And we do it all with a human touch.
Were an international insurer with more than 13000 people working across 26 countries which means were big enough for your ambitions yet small enough for you to make a real impact. Its an exciting time. Were 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 youll 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
Were hiring a Capital Modelling Manager who will own a risk area and manage capital model runs for our Company entities. This role sits within the Regulatory Capital team engaging across the Capital Modelling team and working with wider stakeholders across QBE.
Youll benefit from a supportive and inclusive culture that values technical expertise accountability and teamwork. With flexible working arrangements and ongoing training opportunities this position is ideal for someone who thrives in a collaborative environment.
The EO Capital Modelling team operates as a split location team across London and Leeds and therefore we welcome applicants based out of either location.
Your new role
Reporting to the Senior Capital Modelling Manager youll manage actuarial processes within the Capital Modelling team.
For designated risk area / modelling area: own the parameterisation modelling approach validation of outputs and communication of results supported by the Senior Manager.
Manage model runs for Company entities including reviewing for appropriateness.
Collaborate with other risk area owners in the Capital Modelling team to ensure efforts are joined up.
Maintain documentation relating to the internal model regulatory requirements and reporting to governance forums.
Present model updates to senior managers and to the Technical Review Group (TRG).
Support submissions and responses to external regulators such as the PRA and NBB.
Coach team members for success by providing guidance feedback and support in their professional development. Formal line management of junior team members.
Collaborate with independent risk teams to facilitate thorough validation processes.
About you
Must-haves:
Qualified actuary or qualified by experience.
Tertiary Degree or equivalent combination of education and work experience.
Experience & capability:
Fully qualified actuary with General Insurance experience.
Strong background in capital modelling within the General Insurance industry.
Highly skilled in data analysis with strong proficiency in Excel and capital modelling software (Igloo preferred).
Proven experience in collaborating proactively with others to achieve deliverables.
Knowledge of Property and Casualty insurance business would be an advantage.
Clear communicator of actuarial concepts.
Experience managing and developing junior team members.
Ability to effectively co-ordinate processes and deliver technical analysis.
Benefits
We offer a range of benefits to help provide holistic support for your work life whatever your circumstances. As a QBE employee you will have access to and benefit from:
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 part-time 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 net-zero goal to achieve year-on-year 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.
Cycle-to-Work 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
#LI-Hybrid
Awards & Recognition
We value our employees experience with us and are proud to have been recognised for the following awards:
Winner of Excellence in Diversity Equity & Inclusion Award 2025 at the Insurance Business Australia Awards for our program
Insurance Post British Insurance Awards 2025:Winner: Commercial Lines Insurer of the Year
Winner: Reinsurer of the Year - QBE Re Winner: ESG Diversity Equity and Inclusion Initiative of the Year Winner: Insurance Personality of the Year - Chris Wallace Executive Director UK insurance
AXCO Global Insurance Awards 2024 Winner:Network Management of the Year
Insurance Business UK 5-Star Cyber Awards 2024:QBE rated as a 5-Star 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 5-Star Employee
You can view all our awards here
Apply now andletsmake it happen!
Ifyourelooking for a career thatcombines yourexpertiseand your empathy click Applytoday.
Your career. At the heart of it.
Skills:
Actuarial Science Analytical Thinking Capital Management Communication Critical Thinking Detail-Oriented Financial Modeling Financial Products Intentional collaboration Investment Management Managing performance Problem Solving Process Improvements Risk Management Stakeholder ManagementHow 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:
Manager
Key Skills
About Company
QBE Insurance Group is one of the world's top 20 insurance and reinsurance companies, located in 26 countries. Visit us for company information.
