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 marine and energy insurance sector.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Other info: Dynamic environment with a focus on diversity and team collaboration.
- Why this job: Step into a leadership role and shape the future of exposure management.
- 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.
Policy & Asset 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 Policy & Asset 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 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 unique skills to the table, so don’t hold back!
✨Prepare for Interviews
Do your homework before any interview! Understand the company’s approach to exposure management and think about how you can contribute. We recommend practising common interview questions and preparing some insightful questions of your own to show you’re genuinely interested.
✨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 the initiative to engage with us directly.
We think you need these skills to ace Policy & Asset Management in City of London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Policy & Asset 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 newly created role. 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, it shows you’re keen on joining our team at AdA Underwriting Limited!
How to prepare for a job interview at Ada
✨Know Your Catastrophe Management
Make sure you brush up on your knowledge of catastrophe risk and exposure management techniques. Be ready to discuss specific examples from your past experience, especially in the Lloyd's or London market. This will show that you understand the nuances of the role and can hit the ground running.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess, particularly with SQL and any experience you have with R or Python. You might be asked to interpret model outputs or discuss how you've used data to inform decision-making in previous roles. Bring along examples or case studies to illustrate your points.
✨Communicate Like a Pro
Since this role involves liaising with various stakeholders, practice articulating complex concepts in a clear and concise manner. Think about how you can adapt your communication style to different audiences, whether they’re technical teams or senior management. This will highlight your versatility and ability to collaborate effectively.
✨Be Ready for Regulatory Talk
Familiarise yourself with Lloyd’s regulatory and reporting frameworks. Be prepared to discuss how you've navigated compliance in your previous roles and how you would approach it in this new position. Showing that you understand the importance of regulatory requirements will set you apart as a candidate who is both knowledgeable and responsible.
