At a Glance
- Tasks: Lead the development of exposure management and provide insights on catastrophe risk.
- Company: AdA Underwriting Limited, a dynamic start-up in the insurance sector.
- Benefits: Opportunity to step into leadership, competitive salary, and a collaborative environment.
- Other info: Join a diverse team committed to continuous improvement and professional growth.
- Why this job: Shape the future of exposure management in a fast-paced, innovative company.
- Qualifications: Strong experience in catastrophe management and proficiency in SQL; R/Python skills preferred.
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 in London employer: Ada
AdA Underwriting Limited is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As a start-up in the Lloyd's market, we provide our employees with unique opportunities for professional growth and leadership development, particularly in the newly created Head of Exposure Management role. Our commitment to diversity and inclusion fosters a supportive culture, ensuring that every team member can contribute their unique perspectives while working on impactful projects in the marine, energy, and specialty insurance sectors.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Exposure Management in London
✨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 resonate well with the team at AdA.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Head of Exposure Management in 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 and how they relate to building an exposure management function. We love a good story!
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 want to know how you've used these skills to drive insights and support decision-making in previous roles.
Apply Through Our Website:Don't forget to submit your application through our website! It’s the best way for us to receive your details 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 Risk Inside Out
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 examples from your past experience and how they relate to the role at AdA. This will show that you’re not just familiar with the concepts but can also apply them effectively.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess, particularly with SQL and any experience you have with R or Python. Bring along examples of how you've used these tools to derive insights from data in previous roles. This will help us see your technical skills in action and how they can benefit the exposure management function.
✨Communicate Like a Pro
Since this role involves working closely with various stakeholders, practice articulating complex ideas in a clear and concise manner. Think about how you can adapt your communication style to different audiences, whether they are technical teams or senior management. This will highlight your ability to be a trusted partner to the underwriting teams.
✨Be Ready for Scenario Questions
Expect to face scenario-based questions that test your problem-solving abilities and decision-making process. Prepare by thinking through potential challenges in exposure management and how you would address them. This will demonstrate your proactive approach and readiness to lead the development of the exposure management function.
