Exposure Research Analyst

Argenta Group is headquartered in London and has a presence in Australia, employing c.300 people globally. We are proud of our unique and rich history of trading in the Lloyd’s market, both as a Syndicate and Members’ Agency, and to be part of the Hannover Re Group. Our long-standing workforce are our greatest asset; the expertise and knowledge they bring has resulted in our successful track record and continues to shape our future growth strategy.

About the role

Reporting to the Exposure Research and Development Manager, this role has responsibility for research and analysis on Exposure Management Validation, View of Risk and Research projects and supporting other projects across all managed syndicates. Working closely with and supporting the wider Exposure Management team to help implement the syndicates view of risk.

Key responsibilities

• Provide first class support to the Research and Development Manager, and to the wider Exposure Management team.
• Supporting and leading where appropriate the validation of external catastrophe models and supporting the wider team in ensuring model completeness across natural and man-made catastrophe risk.
• Research and remain informed on main topics for the Exposure Management team and identify emerging risks in the market that could become material to the Syndicate view of risk.
• Working with the wider Exposure Management team to implement any findings of the model validation.
• Be the subject matter expert on latest developments and scientific research in the relevant fields required.
• Make these assessments within the context of the revised guidance for a materiality index which determines the depth of analysis required for any given peril region model.
• Operate within a framework that is aligned with the materiality index for the implementation of new models or enhancements to existing models, which allows for the implementation of enhancements and new models with lower materiality to the business.
• Ensuring key Exposure Management documentation is concise and up to date.
• Supporting the wider Exposure Management team to inform internal, external reporting, and provision of regulatory returns.
• Suggest enhancements to increase efficiency and automation.
• Compiling and presenting findings of research projects including recommendations of adjustments to current processes.
• Actively demonstrate and inspire commitment to developing and supporting the Argenta culture.
• Undertake any other related duties as may be reasonably required.

Working for a regulated Company, you will be expected to perform your duties to the highest of standards, in accordance with the following Conduct Rules as specified by the FCA:

• You must act with integrity.
• You must act with due care, skill and diligence.
• You must be open and co-operative with the FCA, PRA and other regulators.
• You must pay due regard to the interests of customers and treat them fairly.
• You must observe proper standards of market conduct.

Skills and experience

• Working knowledge of processes and procedures in respect of relevant catastrophe modelling systems, preferably Verisk.
• Excellent written communication skills required with strong experience of report writing, including writing concise and informative model validation reports.
• Scientific background preferred, with a natural catastrophe focus.
• Technical knowledge of Microsoft SQL or PostgreSQL server. Additional familiarity with other coding languages/statistical software such as R-Studio or Python (preferred) with appropriate geospatial and data visualisation packages.
• Familiarity with appropriate GIS software such as ArcGIS or QGIS.
• Strong problem-solving skills.
• Accuracy and attention to detail essential.
• London Market experience, with strong analytical and mathematical skills.
• Excellent educational background to degree level or equivalent experience.
• Excellent understanding of (re)insurance financial terms, Lloyd’s market, and regulatory reporting desirable.
• Good communication and interpersonal skills with the ability to collaborate and develop working relationships with team members/other departments within the Argenta Group.

Behaviours

• Supporting each other — Treat each other with dignity and respect, valuing our differences, so we can all be ourselves and achieve our goals.
• Generating creative solutions — We do not settle for things that are not right; we do not walk by, we seek creative solutions.
• Owning the delivery — We set clear objectives and deadlines; we are accountable and own the delivery end to end, knowing others will too. High performing professionals, recognising the importance of wellbeing and balance in our lives.
• Building longstanding relationships — Collaboration with our clients and those we work with is key; we work as a team to ensure the best outcomes.