SVP, Capital Management

QBE Insurance • Brooklyn NY

Company

QBE Insurance

Location

Brooklyn NY

Type

Full Time

Job Description

Primary Details
Time Type: Full time

Worker Type: Employee

At QBE, our purpose is to give people the confidence to achieve their ambitions inside and outside of work. From development opportunities, to flexible work options and highly competitive reward and benefits packages, we understand the importance of living our values when it comes to our people. Everything we do at QBE is underpinned by our company's cultural elements - because we know it's not just what we do that matters, it's how we do it that makes the difference.

This opportunity is accountable for managing the regulatory and economic capital modeling functions for QBE North America by implementing strategic vision, leading the capital management team, and developing ideas and innovative solutions to planning, budgeting and forecasting processes. Align the strategic objectives of the Treasury team and ensure funding is available for all intended transactions as well as a close link between the planning for earnings, capital and liquidity. Strengthen the decision support framework for the business and ensure all economic factors, including local and global capital, are considered across organic and inorganic opportunities.

Primary Responsibilities
• Implement and manage the global Economic Capital Modeling (ECM) platform globally, ensuring downtime is minimal and resources are adequate• Monitor, forecast and strategize on regulatory capital factors, including pool structure and management, dividends/return of capital, legal entity rationalization, capital efficiency and asset allocation• Collaborate with internal stakeholders by analyzing trends, industry best practices and understanding objectives to guide the development of business strategies that support QBE's plans and organizational growth• Conduct reinsurance evaluation including risk transfer analysis and loss portfolio transfer to determine impacts to required capital• Support the Treasury team on Best's Capital Adequacy Ratio (BCAR) and S&P Enterprise Risk Management (ERM) Level III Accreditation to ensure credibility and alignment of required capital• Provide oversight in liquidity planning for decision support purposes and operational requirements• Conduct analysis on strategic capital impacts (acquisitions/divestitures) and determine whether appropriate for QBE from a risk, benefit and cost perspective• Build strong relationships with key external stakeholders and manage various reporting and meeting requirements to remain in compliance

Required Education
• Bachelor's Degree or equivalent combination of education and work experience

Required Experience
• 10+ years relevant experience

Preferred Competencies/Skills
• People leadership, coaching and personal development• Strategy definition, including board-level documentation, feasibility and cost benefit analysis• Sound commercial judgment and strong negotiation skills• Strong interpersonal and communication skills to build relationships and trust at all levels with internal customers• Develop and use metrics to promote desired results• Develop and manage budgets• Ability to contribute to the development of strategy for the organization• Manage, influence and collaborate with people at different levels within the organization to accomplish a common goal• Provide vision; think creatively and innovatively

Preferred Education
• Master's Degree

Preferred Experience
• Extensive experience leading the long-term and near term capital management process for a large international organization, partnering with corporate leaders to shape business priorities, experience managing or leading others• Increasing levels of responsibility.

Preferred Licenses/Certifications
• Fellow of the Institute of Actuaries (FIA)• Fellow of the Casualty Actuarial Society (FCAS)• Certified Enterprise Risk Analyst (CERA)• Member of the American Academy of Actuaries (MAAA)

Preferred Knowledge
• Deep understanding of the trends, risks and opportunities across the group• Advanced understand of the statutory and economic capital framework to properly manage capital and dividends requirements across the division• Advanced understanding of the market/economic• Advanced working knowledge of change leadership and management principles and best practices

QBE Cultural DNA
• Everything we do at QBE is underpinned by our DNA (which interlinks seven cultural elements) - because we know it's not just what we do that matters, it's how we do it that makes the difference. We expect all employees to role model and inspire the right behaviors that link to our cultural elements:

-We are customer-focused

-We are technical experts

-We are inclusive

-We are fast-paced

-We are courageous

-We are accountable

-We are a team

All employees are expected to adhere to QBE's Code of Ethics and Conduct and apply sound risk management practices

US Only - Travel Frequency
• Frequent (approximately 10+ trips annually)

US Only - Physical Demands
• General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.

US Only - Disclaimer
• To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

Job Type
• Manager

Global Disclaimer
• The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.

How 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.

Date Posted

08/29/2022

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7

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