At a Glance
- Tasks: Lead the development of exposure management and provide insights to enhance business strategies.
- Company: Join a dynamic start-up in the insurance sector, focused on marine and energy solutions.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Embrace diversity and be part of a team that values unique perspectives.
- Why this job: Step into a leadership role and make a real impact in a growing industry.
- Qualifications: Experience in catastrophe management and strong analytical skills required.
The predicted salary is between 60000 - 80000 € per year.
AdA Underwriting Limited is a leading start-up insurance organisation providing marine, energy and specialty insurance solutions in the Lloyd’s / London market. The Head of Exposure Management will be responsible for building and developing the exposure management function, providing exposure insights to the business. They will work closely with the Chief Pricing Officer and wider underwriting teams to develop a best-in-class exposure management function. This is a newly created role and an excellent opportunity for an experienced exposure management analyst/manager looking to step up into a leadership position.
RESPONSIBILITIES
- Lead the development and management of AdA's view of catastrophe risk (natural catastrophe and non-natural catastrophe) across all lines of business
- Support the design and development of regular management information reporting relating to exposure management
- Monitor adherence to risk appetite and aggregate thresholds
- Responsibility for Lloyd’s reporting requirements related to exposure management
- Operate as a trusted partner to the underwriting teams, providing insight and responding to queries
- Ensure compliance with regulatory requirements
- Support the business planning process across the Syndicate
- Design and build out the exposure management function, including frameworks, processes and governance
- Participate in ongoing projects across the organisation
- Thought leadership for continuous improvement of the exposure management function
- Review, validate and interpret modelled results from catastrophe models
- Maintain and develop relationships with third-party vendors and outsourced service providers
- Provide ad-hoc support such as catastrophe event response, reinsurance purchasing support and regulatory reporting as required
SKILLS, EXPERIENCE & QUALIFICATIONS
- Strong catastrophe and exposure management experience within the Lloyd's or London market, preferably with marine, energy or specialty lines exposure
- Deep understanding of exposure management techniques and model outputs
- Experience working within or alongside Lloyd's regulatory and reporting frameworks
- Strong experience with SQL; proficiency with R/Python preferred
- Ability to communicate effectively with stakeholders at all levels and adapt style as required
- Highly analytical and a graduate in a scientific or numerate subject
- Ability to translate and communicate business priorities and key results to a wide range of audiences
- A self-starter with the ability to work independently and build processes
- Experience with Verisk AIR beneficial but not required
Diversity is the unique difference that individuals have, both visible and non-visible. We seek to embrace these differences within our company culture to build strong performing teams who can take our business to the next level. We are an equal opportunities employer.
Financial Risk Management in City of London employer: Ada
AdA Underwriting Limited is an exceptional employer, offering a dynamic work environment in the heart of the Lloyd's market. With a strong focus on employee growth and development, we provide unique opportunities for leadership roles in exposure management, fostering a culture of collaboration and innovation. Our commitment to diversity and inclusion ensures that every team member's voice is valued, making it a rewarding place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Risk Management in City of London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with catastrophe risk and exposure management. We want to see how you can bring your unique skills to the table, so don’t hold back!
✨Prepare for the Interview
Do your homework on AdA Underwriting Limited and the role you’re applying for. We love candidates who come prepared with questions and insights about our business. It shows you’re genuinely interested and ready to contribute!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Financial Risk Management in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Financial Risk Management role. Highlight your experience in catastrophe and exposure management, especially within the Lloyd's or London market. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this leadership position. Share specific examples of your past experiences that relate to the responsibilities listed in the job description.
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, make sure to highlight any relevant projects or experiences where you've used SQL, R, or Python. We love seeing how you can translate complex data into actionable insights!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, we love seeing candidates who take that extra step to connect with us directly.
How to prepare for a job interview at Ada
✨Know Your Catastrophe Management
Make sure you brush up on your knowledge of catastrophe risk management, especially within the Lloyd's or London market. Be ready to discuss specific techniques and model outputs you've worked with, as this will show your expertise and understanding of the role.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical abilities by discussing past projects where you've used SQL, R, or Python. Bring examples of how you've interpreted modelled results and how those insights impacted decision-making in your previous roles.
✨Communicate Like a Pro
Since you'll be working closely with various stakeholders, practice explaining complex concepts in simple terms. Think about how you can adapt your communication style to different audiences, and be ready to provide examples of when you've done this successfully.
✨Emphasise Your Leadership Potential
As this is a newly created leadership role, highlight any experiences where you've led teams or projects. Discuss how you can build and develop the exposure management function, and share your vision for continuous improvement in this area.
