Senior Manager - Capital Modelling (Insurance)
To strengthen this team, I am looking to hire a Senior Manager for the Quantitative Analysis & Development team in the Enterprise Risk Management unit of GRM. You will lead the team and take responsibility for maintenance and further development of models for portfolio (credit) risk, regulatory and economic capital - before and after reinsurance as well as the Solvency II capital calculations. Your technical expertise allows you to shape the future direction of model, calibration and calculation. You will collaborate with neighboring departments and business units, explain results to peers and senior management, generate insights from data and support scenario analyses and forecasts.
This is where you will work
Group Risk Management (GRM) is a staff unit responsible for various tasks that naturally fit within a modern risk management function within a financial institution. They provide information, tools, frameworks, processes and advisory services to the company and have links into the entire organization. With their work, they enable the company to manage its aggregate risk profile in a sound and consistent framework.
This are your responsibilities
In this job you will be responsible for:
- Leading and managing the team. This includes not only performance and goal management but also developing the team and its members further and promoting a culture of learning and innovation.
- Further developing and enhancing the company's risk, capital & reinsurance modelling framework.
- Assuming responsibility for maintaining and, where appropriate, improving the company's partial internal model and solvency calculation. This includes its operation on an ongoing basis.
- Developing and producing insights from data, comprehensive analysis tools, reports and dashboards to perform what-if analyses, analyze sensitivities, model business dynamics and inform decision making.
- Providing insights, advise, support and education to internal and, where necessary, external stakeholders.
- Delivering high quality reports, dashboards and documentation tailored to the needs and the audience with the right level detail.
This is you
- Professional experience in leadership and management roles with demonstrated experience in people management and development.
- You have strong mathematical and statistical skills at least at master level in a discipline like Statistics, Computer Science, Data Science, Machine Learning, Mathematical Finance or Econometrics. A PhD is considered a plus. You have a track record of developing and implementing models and generating insights from and data.
- Experience with numerical/statistical programming languages such as R or Python. You know SQL and relational databases, how to work on Windows and Linux systems, with LaTeX and devops tools. Experience with an object-oriented programming language such as C++ as well as with parallel programming are considered a plus.
- Experience with Solvency II, IFRS 17 and a good knowledge of the key financial figures of an insurance company. Prior exposure to supervisory authorities is considered a plus.
- You enjoy sharing your skills, are a team player and foster relationships and an open culture of curiosity, innovation, and learning. You enjoy working with international teams and are willing to travel to abroad locations (limited).
- You feel comfortable communicating content to different audiences tailored to the needs.
- Fluency in English is required.
This is what you can expect
- A custom made salary package (depending on relevant knowledge and/or experience)
- 13th month
- Holiday allowance
- Variable bonus component
- 25+ holidays (exc. public holidays)
- A great pension scheme
