Head of Capital and Reinsurance Strategy

4 weeks ago


London, Greater London, United Kingdom Direct Line Group Full time
About Direct Line Group

We're a leading UK retail general insurer, committed to delivering exceptional customer experiences and building a sustainable business for the long term.

As a key member of our Finance team, you'll play a critical role in shaping our capital management strategy and ensuring we maintain a strong balance sheet.

  • Lead the analysis and recommendations on balance sheet structuring, including debt and equity strategies.
  • Collaborate with our reinsurance manager, external brokers, and Actuarial teams to optimize reinsurance structures and risk management.
  • Develop and implement capital planning strategies to drive long-term value for our shareholders.
  • Monitor regulatory requirements and market developments to ensure we remain compliant and competitive.
  • Drive the production and delivery of our Solvency Ratio, influencing our approved internal model.
  • Stay up-to-date on market and regulatory developments, working closely with external advisors.
Requirements

You'll need a strong background in accounting, actuarial science, or a related field, with expertise in Solvency 2, insurance accounting, and company law.

Experience in capital markets, reinsurance, and risk management is essential, as is the ability to lead and collaborate with senior stakeholders.

Our ideal candidate will have a deep understanding of the financial dynamics within the insurance industry and broader market, with a proven track record of driving business growth and success.

What We Offer

We're committed to creating a diverse and inclusive work environment, where everyone can thrive and succeed.

As a Direct Line Group employee, you'll enjoy a range of benefits, including a competitive salary, bonus scheme, and comprehensive pension plan.

We're proud to offer a flexible working approach, including a mix of home and office working, to support your work-life balance.

About Our Culture

We're a customer-obsessed business, driven by a passion for delivering exceptional experiences and building a sustainable future.

Our people are our greatest asset, and we're committed to creating a workplace that's inclusive, supportive, and rewarding.



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