About Us
At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement , we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.
Within the Capital Management team, we are committed to shaping the financial future of Direct Line Group . Reporting to the Head of Capital and Reinsurance, you'll be part of a team of accomplished and experienced financial professionals with backgrounds across accounting, actuarial, forecasting, reinsurance and insurance, catastrophe modelling and climate science.
Capital Management contribute to project teams across Finance and the wider Group, and working with external specialists and professional advisors (corporate brokers, reinsurance brokers, legal advisors etc.)
What you'll be doing:
To support the capital management function by providing analytical support across the capital management team. You will contribute to the management of the Groups balance sheet through the use of reinsurance, balance sheet structuring, exposure management and catastrophe modelling.
- You will work across Reinsurance, Corporate Insurance, Capital Management and Exposure Management depending on demand.
- To help produce several analytics across the capital management team as needed by senior members of the team.
- To help co-ordinate and manage tasks and projects as needed by senior members of the team.
- Support will include:
- Run catastrophe modelling software to help understand and advise on accumulation risks
- Produce quarterly accumulation reports, highlighting important changes
- Help develop scenario tests and other main risk indicators.
- Support our model validation programme by testing the performance of catastrophe models against our data and make recommendations about which models to use and adjustments to make so that these best match our risk profile.
- Provision of financial analysis, forecasts, data and reports
- Produce management information for reinsurance and insurance renewals or claims
- Support the production of solvency and liquidity monitoring
- Support the production of the balance sheet and rating agency forecasts
- Provide support projects such as planning, governance, commercial and financial impact of change.
What you'll need:
We're looking for someone with a background in an analytical role who can support our Capital Management function and provide analytical support across the capital management team.
You'll be able to manipulate and present data, and collaborate with colleagues and stakeholders, driving tasks forward.
We're looking for someone who shows curiosity, and if you already understand reinsurance, insurance, capital and exposure management concepts – so much the better!
Ways of Working
Our hybrid model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. When you'll be in the office depends on your role, but most colleagues are in 2 days a week, and we'll consider the flexible working options that work best for you.
Read our flexible working approach here
Benefits
We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:
- 9% employer contributed pension
- 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
- Eligible for annual bonus of up to 10%
- EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
- Generous annual leave.
- Buy as you earn share scheme
- Employee discounts and cashback
- Plus many more
Being yourself
Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.
We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.
Let’s grow your way.
Collectively we help every business within our group aim higher. Standing shoulder to-shoulder to stand out in the market, we want to be an insurance company of the future. And with so many areas to choose from, your ambitions are welcome here. See your opportunity to start a career that’s varied, distinct and exciting. Visit directlinegroupcareers.com