Capital Analyst Job London area,Greater London England UK,Finance & Banking

Location: Greater London

Job summary

This role is primarily responsible for helping the management of Chaucer’s capital both at a group level and an underlying subsidiary level. This includes helping on the following: formulating the capital policy; the related risk framework; the dividend strategy; debt equity composition strategy; corporate structure planning; underwriting entity available capital plans and then the execution and oversight of said strategies. All capital management related reporting to boards, Finance & Investment Committee, Exec Team, regulators, parent company and other stakeholders is included in the remit.

Main duties

Capital Management Execution

To assist the Deputy Head of Capital Management on the annual capital planning reporting and approval exercise with China Re.
To run the quarterly and annual capital rebalancing and profit distribution exercises with Lloyd’s for the Chaucer Syndicates.
To run any capital rebalancing exercises for the Irish underwriting entity.
To assist or run the execution of any debt structures, be it tier 1 or tier 2 solutions, liaising with lawyers and banks.
To own the execution as required on any capital restructuring per the agreed capital strategy.

Capital Reporting

To own production of all capital reporting to Group Head of Investments & Treasury.
To own all capital related MI reporting including to the following stakeholders: CFO, Exec Team, Finance & Investment Committee, Boards.
To own all capital related reporting to China Re including all regular reporting and ad-hoc request.
To own all regulatory and statutory capital related reporting including Lloyd’s returns, group financial statements, local returns.
To own all the submissions to rating agencies.
To own all return on capital reporting and analysis.

Capital Management Strategy

To help produce the Capital Policy, with the related risk framework, and submission for approval from the relevant Committees and Boards.
To work with the Deputy Head of Capital Management and Group Head of Investments & Treasury on formulating and analysing optimal capital structures for the Group and subsidiaries within.
To help create a longer-term capital management plan for the Group including equity from parent and debt.
To help create a capital plan for the underwriting entities:
For the Lloyd’s of London business understanding and planning for the Lloyd’s capital cycle and for the Irish business understanding the rating agency and CBI requirements.
To help formulate the dividend policy to parent, working closely with China Re, Capital Modelling, Tax and Finance.
To work closely with the Group Head of I&T, CFO, CRO and Capital Modelling team in formulating capital efficient solutions, including reinsurance contracts (both intergroup and external), during the business planning process.
To produce analysis and recommendations to the Group Head of I&T and CFO on optimal debt and equity composition of the group capital stack
Produce relevant papers seeking approval from Boards, Finance & Investment Committee, Execs, parent company as required to approve of any strategy changes.
To help produce the debt strategy, identifying key banks and their capacity to lend.

Other responsibilities

To be a key contact for all capital related queries from China Re
To be a key contact for Lloyd’s of London on all capital related matters.
To work closely within the Investment & Treasury team to understand future investment and cash flow needs and adjust the capital plans accordingly.
To be the main contact on capital planning f0r the capital modelling team.
Whilst this role is primarily capital focused we envisage helping the Deputy Head of Investments on pulling together investment analysis on occasion.

Our requirements

Relevant experience

Proven experience…