At a Glance
- Tasks: Join us as an Exposure Management Analyst, managing stochastic modeling and exposure reporting.
- Company: Rokstone is a leading international underwriting MGA redefining insurance with innovation at its core.
- Benefits: Enjoy a competitive benefits package with flexible options tailored to your needs.
- Why this job: Be part of a dynamic team dedicated to revolutionizing the insurance industry while growing your career.
- Qualifications: A Bachelor’s degree in a related field is preferred; insurance experience is a plus but not required.
- Other info: We promote inclusivity and offer a hybrid work model for flexibility.
The predicted salary is between 36000 - 60000 £ per year.
Rokstone, part of the Aventum Group, is an established international underwriting MGA and approved Lloyd’s of London coverholder, where we also hold a Lloyd’s Box. With innovation at our core, we go beyond the ordinary to offer brokers specialised (re)insurance solutions. Within Rokstone, we house specialist MGAs such as Novus, iSure and iFarm, each contributing to our commitment to redefining industry standards.
At the heart of Aventum are our people. Our employees collaborate in dynamic, service-focused teams. Together, we strive daily to achieve our goals and objectives with a shared dedication to revolutionising the insurance industry for the better.
The Company offers a competitive benefits package via a flexible benefits platform. In addition to core benefits, employees can tailor their benefits according to their individual needs.
Employee development is key to the ongoing development of Aventum on the whole. We invest in our people, empowering them to grow their careers and advance within the Group. Our dynamic culture is rooted in the continuous desire of our people to learn and challenge themselves.
Role Summary
A newly created role, we are seeking a Exposure Management Analyst who will be responsible for delivering the stochastic modelling and exposure reporting and managing our UK and US underwriting such as Property D&F, Cargo, Marine, Construction, Power.
Working closely with both the UK and US Underwriting and Exposure Management team, the successful candidate will receive training from highly experienced exposure management individuals in this field and to eventually manage and look after the underwriting team requirements. The role requires liaising with both underwriting team and relevant stakeholders that contribute to the aggregation and stochastic modelling of each class.
Role Accountabilities
- Manage and monitor daily operation of AIR modelling platform, cat model analytics and exposure accumulation system.
- Contribute to the workflow automation for scheduled reports and other repetitive modelling tasks.
- Work with the EM team to create Cat model and Exposure reporting results for the US underwriting classes.
- Support the EM team on London underwriting team requirements during busy periods, if required.
- Become the first point of contact for the US underwriting team, MIS and London EM team for all US reporting and modelling enquiries and queries.
- Liaise with the underwriting to produce ad hoc cat model analyses.
- Liaise with the other team to assist data entry, aggregation and cat modelling of each class.
- Assist with various other projects and reporting related to NatCat as required.
- Interact closely with the London EM team, AIR and Exposure Hub specialists to achieve superior data quality in Rokstone’s cat modelling and exposure reporting.
- Manage pre-bind and post-bind process and deliver regular reporting to both the US underwriting teams and London EM team.
- Follow AIR to keep track of most recent cat model developments.
Role Requirements
- Bachelor’s degree, preferably in Mathematics, Science, Economics, Geography or other related degree.
- Experience in the insurance industry is useful but not essential.
- Ability to work effectively both independently and within teams.
- Flexibility to work extended hours if required.
Skills and Abilities
- Knowledge in Microsoft Excel.
- Knowledge of Microsoft SQL Server Management Studio and/or GIS skills are useful but not essential.
- Strong analytical and problem-solving approach as you will be working alone and alongside the US and UK team.
- Highly motivated team player with good interpersonal skills.
- Strong organisational and time management skills, with the ability to multi-task is required.
- Strong communication skills are required to liaise with the London EM team and US underwriting team.
We are an equal opportunity employer, and we are proud to share that 93% of our employees say they can be themselves at work. We aim to hire our industry’s finest people because the best people drive the best outcomes. And we forever challenge the status quo because we know there are always ways to improve things. Because together, we’re limitless.
We value applicants from all backgrounds and foster a culture of inclusivity. We understand the need for flexibility, so work in a hybrid model. Please let us know if you require any reasonable adjustments during the recruitment process.
Apply now
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Exposure Management Analyst employer: Rokstone Group
Contact Detail:
Rokstone Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Exposure Management Analyst
✨Tip Number 1
Familiarize yourself with stochastic modeling and exposure reporting, as these are key responsibilities of the Exposure Management Analyst role. Consider taking online courses or certifications that focus on these areas to enhance your knowledge and skills.
✨Tip Number 2
Network with professionals in the insurance industry, especially those who work in underwriting and exposure management. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the field.
✨Tip Number 3
Brush up on your Microsoft Excel and SQL skills, as these tools are essential for data analysis and reporting in this role. Practice using advanced functions in Excel and familiarize yourself with SQL queries to demonstrate your technical proficiency.
✨Tip Number 4
Showcase your strong analytical and problem-solving abilities during interviews. Prepare examples from your past experiences where you successfully tackled complex issues, as this will highlight your fit for the dynamic and collaborative environment at Rokstone.
We think you need these skills to ace Exposure Management Analyst
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Exposure Management Analyst position. Understand the key responsibilities and requirements, especially the importance of stochastic modelling and exposure reporting.
Highlight Relevant Skills: In your CV and cover letter, emphasize your analytical skills, problem-solving abilities, and any experience with Microsoft Excel or SQL Server Management Studio. Even if you lack direct insurance experience, showcase transferable skills from other fields.
Tailor Your Application: Customize your application materials to reflect the values and culture of Rokstone and the Aventum Group. Mention your motivation to work in a dynamic team environment and your commitment to continuous learning and improvement.
Showcase Team Collaboration: Since the role involves working closely with both UK and US teams, provide examples in your application that demonstrate your ability to collaborate effectively across different teams and manage multiple tasks efficiently.
How to prepare for a job interview at Rokstone Group
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of an Exposure Management Analyst. Familiarize yourself with stochastic modeling, exposure reporting, and the specific underwriting classes mentioned in the job description.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical and problem-solving abilities. Be ready to provide examples of how you've used these skills in previous roles or projects, especially in relation to data analysis or modeling.
✨Communicate Effectively
Since strong communication skills are essential for this role, practice articulating your thoughts clearly. Be prepared to explain complex concepts in a way that is easy to understand, as you will be liaising with various teams.
✨Demonstrate Team Collaboration
Highlight your experience working in teams, especially in dynamic environments. Discuss how you can contribute to a collaborative culture and support both the UK and US underwriting teams effectively.