The Head of Group Capital Steering owns the Group capital steering mission, structured around the following key responsibilities:
Group Capital Steering & Governance
1. Definition and ownership of the Group-wide capital framework, ensuring consistency, robustness, and transparency across all entities and regions.
2. Steering of solvency, economic capital, and capital efficiency metrics in line with Group strategy and risk appetite.
3. Oversight of capital governance, including capital policies, limits, and escalation processes.
Preparation and presentation of capital analyses, insights, and recommendations to the CFO, COMEX, Boards, and relevant Committees.
Risk Partnership
4. Leadership of the Risk Partnership function, ensuring strong alignment between capital management, risk appetite, and strategic objectives.
5. Close collaboration with Group Risk to support coherent, forward-looking capital and risk discussions.
6. Support Executive Management in arbitrating capital and risk trade-offs linked to strategic initiatives, business development, and portfolio evolution.
Capital Performance & Capital Management
7. Oversight of capital performance, including measurement, monitoring, and communication of capital efficiency and returns.
8. Leadership of capital management activities, including capital allocation, optimisation initiatives, dividend capacity analysis, and balance-sheet efficiency.
9. Contribution to strategic transactions and major initiatives from a capital perspective.
10. Maintain a pricing methodology allocating the financial resources in line with the group’s objectives.
Capital Analytics & Decision Support
11. Development of appropriate methodologies, metrics, and tools to support effective capital steering and decision-making across the Group.
12. Leadership of stress testing, scenario analysis, and forward-looking capital assessments.
13. Strong anticipation and prioritisation to manage dependencies and ensure timely delivery of capital insights.
Transformation & Process Efficiency
14. Drive the simplification of capital-related processes and governance, ensuring proportionality and value creation.
15. Ownership of relevant digitalisation, automation, and analytics initiatives related to capital steering, in coordination with Technology & Services.
Stakeholder Communication
16. Regular presentation of capital deliverables to senior leadership, auditors, regulators, COMEX, and legal entity Boards. Ability to translate complex capital and risk concepts into clear, concise, and business-relevant insights.
Required experience & competencies
17. Minimum 15 years of post-qualified experience in capital management, risk, finance, or actuarial leadership within significant reinsurance, financial, and capital management experience.
18. Strong technical expertise in Solvency II, economic capital, and capital optimisation frameworks.
19. Proven experience operating at Executive Committee and Board level.
20. Demonstrated ability to lead and develop senior, global, and multicultural teams.
21. Strong analytical and problem-solving skills, with the ability to bridge capital metrics with strategic and business insights.
22. Excellent communication and presentation skills, including interaction with Boards, regulators, and senior stakeholders.
23. Strategic mindset with a strong track record of contributing to Group-level strategy, transformation, and change initiatives.
Required Education
Master’s degree in Finance, Economics, Risk Management, Actuarial Science, or equivalent.