At a Glance
- Tasks: Lead regulatory reporting for Natural and Non-Natural Catastrophe risks in a dynamic team.
- Company: Join Beazley, a leader in insurance with a commitment to innovation and teamwork.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity for career growth in a fast-paced, collaborative setting.
- Why this job: Make a real impact in risk management while collaborating with top professionals.
- Qualifications: A-levels or equivalent; degree preferred; strong analytical and communication skills.
The predicted salary is between 60000 - 80000 £ per year.
General Job Title: Senior Reporting Lead
Division: Exposure Management & Climate & Nature
Reports To: As per Beazley’s organisation chart
Key Relationships: Risk Management, Governance Committees, Senior Internal Stakeholders, Exposure Management, Climate & Nature Team, Underwriters, Capital Modelling Team, Ceded RI Team, Regulators, LMA
Job Summary: Lead the central management and oversight of internal and regulatory reporting for Natural and Non-Natural Catastrophe risks and aggregations within the Exposure Management and Climate & Nature Team.
Key Responsibilities
- Lead and coordinate the end-to-end delivery of internal and regulatory reporting for the Exposure Management function, covering both Natural and Non-Natural exposures.
- Own and maintain the annual Exposure Management reporting calendar, ensuring timely delivery of all internal and external returns. Liaise with internal functions as required.
- Oversee the preparation, review and submission of Exposure Management regulatory returns, ensuring completeness, accuracy and compliance with applicable regulatory requirements. Returns include but are not limited to:
- Committees, Boards and Working Groups
- Lloyd’s Exposure Management returns
- Lloyd’s Capital Model (LCM) and Capital Planning Group (CPG) returns
- PRA General Insurance Stress Tests (GIST)
- Terrorism returns such as Pool Re Annual Exposure Return & GAREAT returns
- New internal and external RDSs
- London Fire Brigade Return
- Rating Agency Returns
- Work closely with the Head of Exposure Management and Climate & Nature Team, including the Senior Leadership Team to develop and manage reporting requirements and timetable.
- Support the Head of Exposure Management and Climate Risk in meetings with external parties and regulators.
- Lead the coordination of Regulatory Review Committee, including the preparation of papers, presentation materials and supporting analysis for review and sign-off.
- Establish, maintain and enhance all process documentation in relation to the reporting mentioned above.
- Implement MI to support evidencing of controls and portfolio change analyses.
- Establish, maintain and enhance controls and governance framework across Exposure Management regulatory reporting.
- Act as a senior point of contact for regulatory reporting matters, providing clear insight, robust analysis and credible challenge to senior stakeholders, governance committees and relevant regulators where required.
- Drive the development and implementation of regulatory reporting requirements arising from new jurisdictions.
- Assist with ad hoc reporting and data requests.
General
It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers.
We also expect Beazley employees to:
- Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct.
- Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
- Display business ethics that uphold the interests of all our customers.
- Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
- Comply with any specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas.
- This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management.
- Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.
Personal Specification
Education and Qualifications
- Educated to ‘A’ Level or equivalent.
- Graduate with a degree from any discipline.
Skills and Abilities
- Confident and credible presenter, with the ability to communicate complex information clearly and effectively to senior internal stakeholders.
- Able to engage confidently and professionally with regulators, presenting reporting outputs, rationale and supporting analysis with clarity and authority.
- Highly numerate, with strong accuracy and a disciplined attention to detail, particularly in the context of regulatory and management reporting.
- Highly organised, with the ability to manage competing priorities, work to demanding deadlines and maintain high standards of delivery.
- Able to motivate and positively influence others, fostering collaboration and accountability across teams and stakeholder groups.
- Proven ability to build strong relationships and deliver through cross functional collaboration.
- Able to work both independently and collaboratively, demonstrating sound judgement, initiative, and ownership in delivering outcomes.
Knowledge and Experience
- Natural and Non‑Natural Catastrophe insurance experience.
- Exposure Management experience.
- Strong computer skills – Advanced Excel, VBA, SQL, R Studio, Power BI.
- Lloyd’s and other key regulator experience desirable.
- Managerial experience.
Aptitude and Disposition
- Outcome focused.
- Self‑motivated.
- Flexible and enthusiastic.
- Professional approach to successfully interact with internal and external stakeholders.
Competencies
- Attention to detail.
- Self‑Starter.
- Integrity.
- Customer Focus.
- Resilience.
- Technical Competence/expertise.
- Concern for Quality and Accuracy.
- Teamwork.
- Impact and Influence.
- Conceptual Thinking.
- Initiative.
- Time Management.
Exposure Management Regulatory Reporting Lead employer: Beazley
Beazley is an exceptional employer that fosters a collaborative and innovative work culture, particularly in the dynamic field of Exposure Management and Climate & Nature. Employees benefit from comprehensive training, opportunities for professional growth, and a commitment to ethical practices that prioritise teamwork and customer satisfaction. Located in London, Beazley offers a vibrant environment where employees can thrive while contributing to meaningful regulatory reporting initiatives.
StudySmarter Expert Advice🤫
We think this is how you could land Exposure Management Regulatory Reporting Lead
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Beazley. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Exposure Management Regulatory Reporting Lead
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Beazley.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Beazley's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Beazley
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Beazley.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Beazley will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Beazley employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.