Non-Natural Catastrophe Senior Associate

Non-Natural Catastrophe Senior Associate

Full-Time 60000 - 75000 £ / year (est.) No working from home possible
CO1001 Corporation of Lloyd’s

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: Diverse workplace with opportunities for professional growth and community involvement.
  • 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 60000 - 75000 £ 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 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 further enhances its vibrant culture, making it an ideal place for those seeking meaningful and rewarding careers in the insurance sector.

CO1001 Corporation of Lloyd’s

Contact Details:

CO1001 Corporation of Lloyd’s Recruitment Team

We think you need these skills to ace Non-Natural Catastrophe Senior Associate

Project Management
Stakeholder Management
Analytical Thinking
Numerical Skills
Written Communication
Technical Communication
Organisational Skills