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Analyst- Capital Strategy

4 weeks ago


Sydney, Australia QBE Full time

Primary Details

Time Type: Full time

Worker Type: Employee
- Sydney, NSW
- Permanent, full-time position

The opportunity

Shape and execute QBE’s global capital strategy as a core member of the Group Capital Strategy & Ratings team.

Your new role

As an Analyst, Group Capital Strategy & Ratings you will perform a key role in QBE’s overall capital management strategy and initiatives. The position is part of QBE’s Group Treasury function within Group Finance, and will entail close partnership with FP&A, Corporate Development, Actuarial and Investments teams, as well as counterparts in each of QBE’s geographies globally. As such, this is a central and influential role which will provide a holistic understanding of the organisation and its businesses around the world.

Key accountabilities will include:

- Develop and execute the multi-year Group strategic capital plan, working with both Group and Divisional teams. Conduct forecasts and planning in relation to the Group’s regulatory capital metrics, balance sheet and dividends. Identify and support the execution of initiatives to optimise capital consumption and allocation, including with traditional and alternative capital providers.
- Conduct financial modelling to assess the impact of strategic initiatives on key Group metrics, including debt and equity capital markets issuances, strategic reinsurance transactions, investment portfolio decisions and other non-standard corporate transactions.
- Support engagement with the Group’s credit rating agencies including the preparation of presentation materials and financial analysis of rating agency metrics. Manage preparation of key rating agency capital models, both actual and forecast, and develop key insights from a commercial and reporting perspective.
- Assist in preparing and coordinating submissions to the Group Board and executive management, including the CFO Board reports.

About you

This is a broad role and would be suited to individuals with backgrounds from a variety of disciplines, including actuarial, capital management, corporate finance or investment banking. The following skills and capabilities will be well-regarded:

- Good understanding and knowledge of the APRA regulatory capital framework and / or equivalents in other jurisdictions, for general insurers. This could include experience within regulatory capital and capital management teams.
- Profit & Loss and Balance Sheet understanding for a general insurer.
- Strong financial modelling skills, coupled with an ability to clearly convey the rationale and impacts of strategic initiatives.
- A good understanding of global financial market and economic conditions, given the breadth of the geographic footprint you will be involved in.
- Demonstrated expertise within the insurance industry is advantageous.

About QBE

We can never really predict what’s around the corner, but at QBE we’re asking the right questions to enable a more resilient future - helping those around us build strength and embrace change to their advantage.

We’re an international insurer that’s building momentum towards realising our vision of becoming the most consistent and innovative risk partner.

And our people will be at the centre of our success. We’re proud to work together, and encourage each other enable resilience for our customers, our environment, our economies and our communities.

With more than more than 11,000 people working across 27 countries, we’re big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate and kind.

We believe this is our moment - what if it was yours too?

Your career at QBE — let’s make it happen

**Benefits**:
We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to and benefit from:

- ‘Hybrid Working’ - a mix of working from home and in the office to enhance your work/life balance
- Our ‘Thriving at our Best’ wellbeing program, including free holistic wellbeing coaching, nutritional, confidential counselling, financial and legal advice
- 18 weeks’ gender-equal flexible leave for all new parents, including paid super
- The ability to maximise retirement savings through voluntary super contributions and company matching
- Income protection insurance & reimbursed Death and Total Permanent Disability insurance premiums
- Discounts on insurance products, car hire, hotels, goods and services including benefits through our various sports and arts sponsorship partners

Rewards & Recognition
- We value our employee’s experience with us and are proud to have been recognised for the following awards:

- 2021 LinkedIn Top Employer & HRD Employer of Choice
- 2020 Best Workplace Diversity & Inclusion and Excellence Award for Best Health & Wellbeing at the Australian HR Awards
- Platinum employer in the Australian Workplace Equality Index - the