At a Glance
- Tasks: Lead exposure management reporting and support catastrophe risk strategy for AXIS Managing Agency syndicates.
- Company: Join AXIS Capital, a trusted global provider of specialty lines insurance and reinsurance.
- Benefits: Enjoy competitive salary, health plans, tuition reimbursement, and a supportive work environment.
- Other info: Great opportunity for career growth in a respected Exposure Management function.
- Why this job: Develop your skills in a collaborative team while making impactful decisions in risk management.
- Qualifications: Knowledge of catastrophe modelling software and strong analytical skills required.
The predicted salary is between 58500 - 71500 £ per year.
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations.
How does this role contribute to our collective success? The exposure management function contributes significantly to the success of AXIS across all lines of business and interacts with virtually all areas of the company to ensure AXIS maintains an appropriate catastrophe risk strategy. The role is primarily focused on exposure management for AXIS Managing Agency syndicates, supporting the effective oversight and reporting of catastrophe risk across the Lloyd’s platform. By maintaining a high standard of exposure management outputs, the role provides internal stakeholders with clear, timely and reliable information to support decision-making, while also ensuring external reporting to Lloyd’s is accurate, robust and delivered to the required standard.
What will you do in this role? The role’s main responsibility is to lead the internal and external Exposure management reporting requirements for AXIS Managing Agency syndicates. The role will also involve supporting on Group cat accumulations and MI where necessary. Key responsibilities include:
- Lloyd’s exposure management reporting: Ensure the timely completion and submission of various regulatory returns relating to exposure management for our Lloyd’s business (RDS, LCM, PBO, etc). Key point of contact for EM with Lloyd’s. Liaise with non-nat cat exposure management teams (Casualty, Cyber, etc.) to ensure accurate exposure reporting.
- Production of Exposure Management MI: Produce and analyse Nat Cat–focused exposure management MI for senior stakeholders within the Syndicate. Handle ad hoc queries from Actuarial, Risk and Underwriting and provide clear insights into portfolio movements, accumulations and catastrophe risk drivers. Contribute to Group roll ups and reporting through detailed analysis and written commentary within formal reporting packs.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role, such as:
- Development of Exposure Management Tools: Work with internal developers and external software providers to maintain and enhance Exposure management tools ensuring they remain fit for purpose.
- Reinsurance Purchase Support: Provide Nat Cat exposure analysis and MI to support the reinsurance purchase process, including outward structure optimisation and portfolio validation. Assist with scenario analysis and accumulation reporting as required.
- Cat Capital assessment: Review and assess methodology for allocating catastrophe capital to underwriting classes, and calculate during planning.
- Internal Model: Ensure Nat Cat feeds into the internal capital model are accurate and timely.
- Model Completeness: Assist in assessing non-modelled perils and regions and identifying appropriate methods to capture these exposures.
- Event Response: Support event response activity, primarily for Nat Cat events, by producing timely loss estimates and exposure summaries for internal and external stakeholders.
About You:
- Working knowledge of catastrophe modelling software is required; experience with Touchstone is preferred.
- Strong understanding of Nat Cat concepts and terminology, including PMLs, Exposure, TVaR, YLT, and related metrics.
- Proficient in Excel and SQL.
- Experience analysing and reporting PML movements at portfolio level.
- Ability to build strong relationships with stakeholders.
- Prior experience reporting Nat Cat exposures to regulators is preferred but not essential.
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
Role Factors: In this role, you will typically be required to be in the office 3 days per week.
What we offer: The Exposure Management team is well structured, well resourced and highly experienced, providing a collaborative and supportive environment in which individuals are encouraged to learn from senior subject matter experts. For someone early in their exposure management or catastrophe analytics career, this represents an excellent opportunity to develop technical skills, gain exposure to real business decision making, and build a long term career within a respected and influential Exposure Management function. You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more.
This posting is for an existing vacancy.
Syndicate Exposure Manager in London employer: Axis
Axis CLC is an exceptional employer, offering a dynamic work environment in Southampton where you can thrive as a Management Accountant. With a strong commitment to employee growth, competitive benefits including hybrid working, and a focus on social impact, you'll be part of a national team dedicated to delivering essential services across various sectors. Join us to make a meaningful difference while advancing your career in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Syndicate Exposure Manager in London
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We think you need these skills to ace Syndicate Exposure Manager in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Axis.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Axis. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Axis
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Axis to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Axis, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Axis's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.