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AVP - Capital Management

Resource Solutions
Posted 15 days ago
Location

London, Greater London EC1R 0WX

Salary

£70,000 - £120,000 per annum

info
Contract type

Full Time

Job Title: AVP Capital ManagementJob Type: PermanentLocation: LondonSalary: £95,000 - £110,000Opportunity Overview: A fantastic opportunity has become available to join a leading specialty insurance and reinsurance company, as an AVP Capital Management.Role Objective: As a key member of the Capital Management team (with an emphasis on data manipulation, collation, and analysis), this role will contribute to the delivery of the function's key objectives: * The development of tools and the performance of quantitative analysis - to aid strategic decision-making by the business, and* The provision of consultancy support - to determine the capital implications of new initiatives and establish proposals to maximise capital efficiency.Key Responsibilities:* Provide informative MI and supporting analysis in respect of Available and required Capital - as required for management, regulators, rating agencies and other stakeholders.* Be responsible for the quarterly runs and analysis of relevant Rating Agency models (i.e. "S&P" and "AMBest") - sourcing inputs, owning calculation processes, and presenting outputs. * Assist in the delivery of relevant aspects of the Bermuda Monetary Authority ("BMA") Model requirements.* Develop and enhance tools - using Excel modelling outputs and/or other relevant tools - to facilitate the production and utilisation of the MI and modelling outputs noted above.* Assist on ad-hoc capital projects to support our strategic objectives - e.g. identify capital efficiencies, propose treatment for non-standard items, & respond to key stakeholder requests.Strategy and Planning* Contributes to functional strategy development and prioritises operational deliverables and activities of team to support delivery of overall business targets* Manages tactical plan and provides support to others to achieve positive results for the business in line with strategy.Policy, Process and Procedures * Adhere to modelling and reporting rules and standards as established by the relevant Regulatory bodies and equivalent internal/external stakeholders. Environmental Awareness/Customer Focus * Liaise with stakeholders from relevant teams across company (including Capital Modelling, Reserving, Investments, Finance and Planning) to collate and reconcile the required data.Technical Performance * Develop subject matter expertise in respect of how key factors (e.g. premiums, reserves and investments) influence the available and required capital of the Rating Agency models.Requirements:Knowledge* Strong technical, quantitative analysis and problem-solving skills coupled with an enthusiasm for accuracy and attention to detail.* Technical proficiency with Microsoft Excel (Advanced Level) - including proven ability to handle complex data and prepare professional presentations.Skills* Good GCSE and A/AS Level grades, ideally having studied a numerical subject to A Level.* Bachelor's Degree level qualification (or equivalent) in a numeric discipline (e.g. Math, Finance, Science, Technology, or Engineering).* Internationally recognized accounting (or equivalent) professional designation.Experience* 5+ years post-qualified experience within the (re)insurance industry.* Experience with capital models is beneficial (e.g. working knowledge of rating-agency/regulatory models or similar internal/factor-based platforms).* Experience of BMA's BSCR capital regime would also be of value.Don't hesitate and miss out on this opportunity! Apply now!

Our Recruitment Delivery Team are committed to offering an inclusive recruitment experience to all candidates. If you require any accommodations or adjustments as a result of disability, impairment, or health condition, please do not hesitate to let me know by emailinggscemeaedi @ resourcesolutions .com


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