At a Glance
- Tasks: Lead the development of exposure management and provide insights to enhance business strategies.
- Company: AdA Underwriting Limited, a dynamic start-up in the insurance sector.
- Benefits: Competitive salary, opportunities for leadership, and a chance to shape a new function.
- Other info: Join a diverse team committed to continuous improvement and innovation.
- Why this job: Step into a leadership role and make a significant impact in a growing company.
- Qualifications: Strong experience in catastrophe management and excellent 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.
Head of Exposure Management 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, this start-up insurance organisation fosters a culture of innovation and collaboration, providing unique opportunities for leadership roles like the Head of Exposure Management. Employees benefit from a supportive atmosphere that values diversity and encourages continuous improvement, making it an ideal place for professionals seeking meaningful and rewarding careers.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Exposure Management
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those connected to AdA Underwriting Limited. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for interviews by diving deep into exposure management topics. Brush up on your knowledge of catastrophe risk and be ready to discuss how you can contribute to building a best-in-class function.
✨Tip Number 3
Showcase your analytical skills! Be ready to share examples of how you've used data to drive decisions in previous roles. This will demonstrate your fit for the Head of Exposure Management position.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Head of Exposure Management
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 role. Share specific examples of your past achievements in exposure management and how you can contribute to building our function 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 support decision-making 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 Catastrophe Risk Inside Out
Make sure you brush up on your knowledge of catastrophe risk management, especially within the Lloyd's or London market. Be prepared to discuss specific examples of how you've handled exposure management in the past and how you can apply that experience to this new role.
✨Showcase Your Analytical Skills
Since this role requires a strong analytical mindset, be ready to demonstrate your proficiency with SQL and any experience you have with R or Python. You might even want to prepare a few examples of how you've used these tools to derive insights from data in previous roles.
✨Communicate Like a Pro
This position involves working closely with various stakeholders, so practice articulating complex concepts in a clear and concise manner. Think about how you can adapt your communication style to suit different audiences, whether they are technical teams or senior management.
✨Emphasise Your Leadership Potential
As this is a newly created leadership role, it's crucial to convey your readiness to step up. Share instances where you've led projects or initiatives, highlighting your ability to build processes and frameworks that align with business goals. Show them you're not just a self-starter, but also someone who can inspire and guide others.
