Head of Capital Modelling
London (hybrid working)
Full-time/ Permanent
The Opportunity
How do you ensure capital insights genuinely shape business strategy?
As Head of Capital Modelling, you’ll play a critical leadership role in shaping and evolving QBE’s internal capital model—ensuring it delivers both robust regulatory outcomes and meaningful commercial insight. This is an opportunity to define the future of capital modelling, influencing decision-making at the highest level while leading the continued modernisation of models, tools and capabilities.
Having the right to work in the UK is a requirement for this role. QBE may consider sponsorship at its discretion.
About QBE
At QBE, we get to the heart of what matters for our customers. And we do it all with a human touch.
We’re an international insurer with more than 13,000 people working across 26 countries – which means we’re big enough for your ambitions, yet small enough for you to make a real impact. It’s an exciting time. We’re 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, you’ll get to spend every day working with people who are passionate, talented and kind.
Your new role
Set the capital modelling strategy and roadmap, aligning modelling capabilities with QBE’s commercial objectives and regulatory requirements
Provide senior technical leadership across methodologies, assumptions and model design, ensuring ongoing integrity and robustness
Lead the delivery of regulatory capital modelling outputs, including oversight of Solvency II (and equivalent) requirements and internal model compliance
Act as a trusted advisor to senior stakeholders, translating complex capital model outputs into clear, commercially meaningful insights
Enable the effective use of capital models in decision-making, including capital allocation, reinsurance optimisation, stress testing and strategic transactions
Establish and maintain a strong model governance and control environment, including documentation, validation and regulatory engagement
Lead the modernisation and continuous improvement of modelling tools, processes and infrastructure
Build and develop a high-performing actuarial team, setting clear priorities and fostering a culture of quality, collaboration and innovation
Partner closely with Capital Management, Capital Business Partnering and senior leadership to ensure alignment across the capital function
About you
Qualified Actuary (or equivalent) with deep expertise in capital modelling within insurance or reinsurance
Strong understanding of regulatory capital frameworks (e.g. Solvency II) and internal model methodologies
Proven ability to apply capital modelling insights to business decision-making and strategy
Experience engaging with regulators, Boards and senior stakeholders, with the ability to communicate complex concepts clearly
Demonstrated leadership capability, including building and developing high-performing teams
Strong commercial perspective, with the ability to connect technical outputs to business outcomes
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:
As well as the benefits below we also offer an extensive choice of other options to suit you!
30 days holiday a year with the option to buy up to 2 additional days.
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.
Short term remote work abroad - you can request up to 20 days per year to work remotely from certain locations abroad. To learn more about benefits of working with us, click Rewarding our people - QBE European Operations
Awards & Recognition
We value our employee’s experience with us and are proud to have been recognised for the following awards:
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
Insurance Post British Insurance Awards 2023: QBE rated as a 5-Star Employee
To learn more about our achievements, click here
Apply now and let’s make it happen!
If you’re looking for a career that combines your expertise and your empathy, click Apply today.
Your career. At the heart of it.
Skills:
Actuarial Science, Capital Management, Coaching for success, Communication, Critical Thinking, Customer Service, Financial Modeling, Influencing, Intentional collaboration, Managing performance, Navigating ambiguity, Problem Solving, Risk Management, Stakeholder Management, Team 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.
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