Head Of Capital Modelling

The Opportunity

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.

• 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

• 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

• 30 days holiday a year with the option to buy up to 2 additional days
• Pension – automatically enrolled in QBE pension plan, employer contributions 10% of basic salary
• Private medical insurance – fully comprehensive private medical cover for you and all the family
• Short‑term remote work abroad – request up to 20 days per year to work remotely from certain locations abroad

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates. We are an international insurer and reinsurer offering a diverse portfolio of commercial, personal and specialty products, as well as risk management solutions. Our product portfolio includes property, motor, crop, energy, marine and aviation. We employ a team of around 13,000 people in 26 countries.