At a Glance
- Tasks: Manage natural catastrophe insurance portfolio and lead a dynamic team.
- Company: Join a forward-thinking insurance firm in London with a focus on analytics.
- Benefits: Enjoy competitive salary, generous leave, and extensive health benefits.
- Other info: Collaborative environment with opportunities for continuous learning and growth.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in non-life insurance and strong analytical skills required.
The predicted salary is between 70000 - 90000 € per year.
The Exposure Management team is embedded in the Convex Analytics function and seeks to create a competitive advantage through industry‑leading decision making enabled by comprehensive data and cross‑functional analytics. In this position, you will take ownership of the natural catastrophe, insurance part of our portfolio, managing two team members and reporting to the Head of Nat Cat Exposure Management. Using exposure and catastrophe vendor models, you will liaise regularly with the third‑party modelling team, ensuring queries are answered, processes are followed and providing help and guidance where needed. You will ensure the integrity of the output and work towards continual improvement of processes. Engaging actively with the Underwriters and senior stakeholders, you will bridge the gap between underwriting and the third‑party modelling team, resulting in increased transparency of modelling and analytics.
Key Responsibilities
- Maintaining an excellent relationship with the third‑party modelling team and providing ongoing guidance.
- Peer reviewing third party output, providing teaching and recommend improvement strategies where necessary.
- Operate as a trusted partner to the Underwriters providing insight and responding to queries.
- Supporting the Head of Nat Cat to ensure accurate and timely completion of daily tasks relevant to a variety of insurance lines of business.
- Provide daily guidance and mentorship to more junior members of the team.
- Ensure compliance with regulatory requirements.
- Provide insight for internal and external reporting requirements.
- Thought leadership for continuous improvement of the Exposure Management function.
- Participate in ongoing projects, often in collaboration with the wider Analytics team.
Skills Knowledge and Expertise
- Several years of experience within the non‑life, London Specialty insurance market as a Natural Catastrophe Modeller and/or within Exposure Management.
- Deep understanding of a vendor catastrophe model for insurance.
- Verisk/AIR experience would be an advantage but not essential.
- A good grasp of, and opinion on, the insurance market, insurance modelling complexities and catastrophe model methodology.
- Highly analytical and a graduate in a scientific or numerate subject.
- Articulate with a demonstrated ability to explain complex data and ideas to a varied audience.
- Team player who identifies with the Convex values.
- Proficient in SQL / R/ Python or other coding languages.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance
- Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Exposure Manager, Insurance NatCat employer: Convex Insurance Ltd.
At Convex, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation in the heart of London. Our commitment to employee growth is evident through comprehensive benefits, including generous annual leave, professional development funding, and a supportive environment that encourages mentorship and continuous improvement. Join us to be part of a forward-thinking team where your contributions directly impact our success in the insurance market.
StudySmarter Expert Advice🤫
We think this is how you could land Exposure Manager, Insurance NatCat
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your analytical skills and experience with catastrophe models. We want to see how you can bring value to the team, so prepare some examples of your past work that demonstrate your expertise.
✨Ask Smart Questions
During interviews or networking chats, ask insightful questions about the company’s approach to exposure management and their use of vendor models. This shows you’re genuinely interested and have done your homework. Plus, it gives you a chance to showcase your knowledge!
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage with us directly.
We think you need these skills to ace Exposure Manager, Insurance NatCat
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Exposure Manager role. Highlight your experience in natural catastrophe modelling and exposure management, and don’t forget to mention any relevant skills like SQL or Python. We want to see how you fit into our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the insurance market and how your background makes you a great fit for the role. Keep it engaging and personal – we love to see your personality come through!
Showcase Your Analytical Skills:Since this role is all about data and analytics, make sure to showcase your analytical skills in your application. Provide examples of how you've used data to drive decisions or improve processes in your previous roles. We’re looking for someone who can bridge the gap between underwriting and modelling!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. We can’t wait to hear from you!
How to prepare for a job interview at Convex Insurance Ltd.
✨Know Your Stuff
Make sure you brush up on your knowledge of natural catastrophe modelling and the insurance market. Be ready to discuss specific vendor models and how they apply to the role. This shows you’re not just familiar with the concepts but can also engage in meaningful discussions.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess. Bring examples of how you've used SQL, R, or Python in past roles to solve complex problems. This will highlight your technical skills and your ability to translate data into actionable insights.
✨Build Rapport with Stakeholders
Since this role involves liaising with Underwriters and the third-party modelling team, practice how you would build relationships. Think of ways to communicate complex ideas clearly and effectively, as this will be crucial in bridging gaps between teams.
✨Emphasise Continuous Improvement
Be prepared to discuss your thoughts on improving processes within Exposure Management. Share any past experiences where you’ve implemented changes that led to better outcomes. This shows you’re proactive and committed to enhancing the team's performance.
