Senior Capital Modelling Analyst

Primary Details

Time Type: Full time

Worker Type: Employee

Senior 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 Lloyd’s, the PRA and the NBB) and model uses.

Given the fast pace and cyclical demand, it’s important that you already have an in-depth 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 execution 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 decision-making 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 problem-solving 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, that’s why we have created “At My Best”. It’s our connection, our way of showing we have your back. We understand that one size doesn’t 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. It’s in the culture of our business, our QBE DNA, to support our people. Everything we do is underpinned by our QBE DNA.

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner. We can never really predict what’s around the corner, but at QBE we’re 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.

With more than 13,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, 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 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.