Address Overview:
We're seeking two Capital Actuarial professionals to support our innovative Capital team, driving the business’ integration of NHBC’s recently established Economic Capital Model delivering real value and insights to business decisions and future strategy. If you're looking for a role where you can truly make a difference, this is it.
What we offer:
The ideal candidate will have
Education and Qualifications
Our inclusive culture
If you need any adjustments or additional support with your application, please let us know at Recruitment@nhbc.co.uk
Salary: £65,000 - £85,000 + up to 10% bonus per annum
Working Location: Milton Keynes / London / Home-Based
Employment Type: Full Time, Permanent
We're seeking two Capital Actuarial professionals to support our innovative Capital team, driving the business’ integration of NHBC’s recently established Economic Capital Model delivering real value and insights to business decisions and future strategy. If you're looking for a role where you can truly make a difference, this is it.
What we offer:
- 27 days annual leave (plus bank holidays) and a holiday purchase scheme
- Generous pension scheme, with an employer contribution of up to 10.5%
- Life Assurance (x4 salary)
- Subsidised private medical insurance
- Cycle to Work scheme
- Employee discounts platform, including gym discounts
- 24/7 employee assistance programme supporting your mental wellbeing
- 2 days volunteer leave
- Equalised maternity, paternity, adoption leave and pay for all new parents
What you’ll be doing
- Actively contribute to enhancing the team's capital modelling and analysis capabilities, ensuring we stay at the forefront of innovation.
- Develop an in-depth understanding of the NHBC Economic Model, contributing to its evolution, calibration, and effective operation.
- Provide critical analyses of capital requirements and their impact on crucial business decisions, from reinsurance strategies to scenario modelling.
- Play a key role in generating capital requirement projections for business planning, supporting NHBC's financial resilience.
- Collaborate closely with your team to achieve shared objectives, furthering the development of NHBC's financial risk and capital management capabilities.
The ideal candidate will have
- Experience calculating, reporting, and using regulatory and economic capital requirements.
- Technical experience of capital model design, build, parameterisation, documentation and production of capital metrics.
- Technical experience of communication of capital metrics to inform decision-making.
- Experience of SII and ORSA modelling.
- Strong and broad experience of actuarial work related to capital gained in a general insurance company or consultancy.
- Knowledge of actuarial techniques, market practice, relevant legislation and insurance market environment, awareness of emerging market developments.
- Experience with capital modelling software (eg Tyche, Igloo, Remetrica etc.)
Education and Qualifications
- Relevant degree for actuarial work (minimum 2:1)
- ‘Qualified by experience’
- Fellow of the Institute and Faculty of Actuaries – desirable
Why you should join us
At NHBC we are proud to be unique. No other organisation in our sector combines the variety of services and scale that we offer. As the market leader, our name is synonymous with new home warranty and insurance. Our people are driven by our core purposeto raise standards in housebuilding and protect homeowners.
We are a modern, lifestyle and family friendly employer who are in a period of rapid growth, investing in technology, data and new ways of working. We need passionate, talented and driven people to join us on this journey.
We encourage our colleagues to work flexibly. We don’t promise we can offer you exactly what you want, but we are always happy to talk flexible working.
Your future with us
We have lots of fantastic examples across our business of people who are building their career with us. We are huge advocates of internal mobility and work hard to retain our best talent. We offer exceptional personal development and career progression opportunities. If you’re ambitious, driven and hard-working you will succeed with us. We’ll support you with full training, ongoing development, and the opportunity to gain recognised qualifications and professional memberships.
Our inclusive culture
We are committed to creating an inclusive culture that encourages everyone to bring their true selves to work. We fundamentally believe in the rights of all our employees and customers to be treated fairly, with dignity and respect, free from discrimination. We have active employee networks that support our colleagues and their allies, creating safe spaces for open conversations and the sharing of ideas.
If you need any adjustments or additional support with your application, please let us know at Recruitment@nhbc.co.uk
