At a Glance
- Tasks: Lead the development of exposure management and provide insights to enhance business strategies.
- Company: Join a pioneering start-up in the insurance sector with a focus 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 shape the future of exposure management in a dynamic environment.
- Qualifications: Experience in catastrophe management and strong analytical skills required.
The predicted salary is between 80000 - 100000 € 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.
Head of Exposure Management in City of London employer: Ada
AdA Underwriting Limited is an exceptional employer, offering a dynamic start-up environment in the heart of the Lloyd's/London market. With a strong focus on employee growth and development, this role provides a unique opportunity to lead the exposure management function while collaborating closely with experienced underwriting teams. Our inclusive work culture values diversity and innovation, ensuring that every team member can contribute meaningfully to our mission of delivering top-tier insurance solutions.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Exposure 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 to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land 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 expertise to the table, so don’t hold back on sharing your successes and insights!
✨Prepare for the Interview
Do your homework before the interview! Understand AdA's business model and how your role as Head of Exposure Management fits into their goals. We recommend practising common interview questions and preparing some thoughtful queries of your own to show you’re genuinely interested.
✨Apply Through Our Website
Don’t forget to apply 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 the initiative to engage directly with us. Let’s make this happen together!
We think you need these skills to ace Head of Exposure Management in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Head of Exposure Management. Highlight your experience in catastrophe risk 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 achievements in exposure management and how you can contribute to our team at AdA.
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, make sure to highlight your experience with SQL and any familiarity with R/Python. We love seeing how you've used these skills to drive insights and improvements in previous roles.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Ada
✨Know Your Stuff
Make sure you brush up on your catastrophe risk knowledge and exposure management techniques. Familiarise yourself with the latest trends in the Lloyd's market, especially related to marine, energy, and specialty lines. This will help you speak confidently about how you can contribute to building a best-in-class exposure management function.
✨Showcase Your Analytical Skills
Prepare to discuss specific examples of how you've used SQL, R, or Python in your previous roles. Be ready to explain how you’ve interpreted modelled results from catastrophe models and how that has influenced decision-making. This will demonstrate your technical prowess and analytical mindset.
✨Communicate Effectively
Practice articulating complex concepts in a way that’s easy for stakeholders at all levels to understand. Think about how you can adapt your communication style based on your audience. This is crucial for a role that requires collaboration with underwriting teams and regulatory bodies.
✨Be a Self-Starter
Highlight instances where you’ve taken the initiative to build processes or frameworks in your past roles. Discuss how you’ve led projects or improved functions independently. This will show that you’re not just capable but also proactive, which is key for a leadership position.
