At a Glance
- Tasks: Support NNC projects and provide expertise in non-natural catastrophe risk management.
- Company: Join a leading organisation in the Lloyd’s market with a focus on innovation.
- Benefits: Enjoy hybrid working, generous pension, healthcare, and wellness programmes.
- Other info: Opportunities for professional development and a commitment to diversity and inclusion.
- Why this job: Make a real impact in risk management while developing your skills in a dynamic environment.
- Qualifications: Strong analytical skills, project management experience, and excellent communication abilities.
The predicted salary is between 50000 - 70000 £ per year.
The purpose of the role is to support the Non‑Natural Catastrophe (NNC) Risk Specialist in planning, executing and delivering on NNC projects and initiatives aligned to strategy. It also involves providing subject‑matter expertise regarding non‑natural catastrophe risk and its management across the Lloyd’s market, and contributing to the oversight and analytics work within the wider Exposure Management and Aggregation team.
Principal Accountabilities
- Manage and deliver defined Exposure Management‑run strategic projects that improve Lloyd’s understanding and management of NNC risk.
- Contribute NNC subject‑matter expertise to wider Lloyd’s projects and business objectives as required.
- Represent Lloyd’s NNC Exposure Management in internal and external cross‑team working groups and forums.
- Own the operational maintenance and future development of NNC Principle Based Oversight (PBO) materiality and expected maturity calculations.
- Provide training to the Exposure Management Oversight team in NNC exposure management best practice, and help implement a risk‑based framework for reviewing syndicates’ View of Risk validation and model change submissions.
- Support the Exposure Management team in delivering consistent PBO for NNC risk, and contribute to maintaining Lloyd’s high‑level view of market‑wide NNC exposure management capabilities.
- Participate in event response activities for non‑natural peril events.
- Contribute to the cross‑team review of new entrants to the Lloyd’s market with predominantly non‑natural catastrophe risk profiles.
- Respond to ad hoc enquiries from regulators, rating agencies and other stakeholders.
- Provide technical input to improve data and risk analysis, reporting and evaluation tools within the EMA team.
- Deputise for the Non‑Natural Catastrophe Risk Specialist as required.
Skills
- Dynamic project management, stakeholder expectation management and on‑time delivery of outputs.
- Objective and critical review of syndicate and team outputs from a market‑wide perspective.
- Analytical thinking: structure and distil complex information concisely and clearly.
- Strong numeric/mathematical abilities and excellent written English.
- Ability to explain technical information effectively to various stakeholders.
- Confident and credible communication.
- Strong administrative, organisational and prioritisation skills.
- Proven collaboration skills and ability to work across teams and organisations.
Benefits
- Hybrid working model – flexibility to work from office and home.
- Generous pension scheme and comprehensive healthcare coverage.
- Wellbeing programmes and financial support for training, education and development.
- Benefit allowance for gym membership, dental insurance, extra holiday and cycle‑to‑work scheme.
- Employee recognition scheme and various discount opportunities.
- Diversity and inclusion initiatives, including mentoring, volunteering and professional development support.
Non-Natural Catastrophe Senior Associate in London employer: CO1001 Corporation of Lloyd’s
Lloyd's is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation in the field of non-natural catastrophe risk management. With a strong commitment to employee wellbeing, generous benefits including a hybrid working model, comprehensive healthcare, and robust professional development opportunities, Lloyd's empowers its employees to thrive both personally and professionally. The company's focus on diversity and inclusion, alongside its supportive culture, makes it an attractive place for individuals seeking meaningful and rewarding careers in the insurance sector.
Contact Details:
CO1001 Corporation of Lloyd’s Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Non-Natural Catastrophe Senior Associate in London
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We think you need these skills to ace Non-Natural Catastrophe Senior Associate 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 CO1001 Corporation of Lloyd’s.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at CO1001 Corporation of Lloyd’s. 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 CO1001 Corporation of Lloyd’s
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at CO1001 Corporation of Lloyd’s 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 CO1001 Corporation of Lloyd’s, 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 CO1001 Corporation of Lloyd’s'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.
