At a Glance
- Tasks: Manage natural catastrophe exposure and lead a dynamic team in analytics.
- Company: Join a forward-thinking insurance firm with a focus on innovation.
- Benefits: Enjoy competitive salary, generous leave, and wellness perks.
- 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.
- Other info: Collaborative environment with opportunities for professional growth.
The predicted salary is between 36000 - 60000 £ 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.
- 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.
- 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
- 10 days of help with care (elder/ childcare) through Bright Horizons
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Exposure Manager, Insurance NatCat in London employer: Convex Insurance Ltd.
Contact Detail:
Convex Insurance Ltd. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Exposure Manager, Insurance NatCat in London
✨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 on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with catastrophe models and analytics. We want to see how you can bring value to the team, so share specific examples of your work and how it relates to the role.
✨Prepare for the Interview
Do your homework before the interview! Understand the company’s values and how they align with your own. We recommend practising common interview questions and preparing some insightful queries about their exposure management processes to show you’re genuinely interested.
✨Apply Through Our Website
Don’t forget to apply 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 directly with us.
We think you need these skills to ace Exposure Manager, Insurance NatCat in London
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 tools like SQL or Python that you’re proficient in.
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 skills can contribute to our team. Be sure to mention your understanding of vendor catastrophe models and your analytical prowess.
Showcase Your Team Spirit: We love team players! In your application, share examples of how you've collaborated with others, especially in bridging gaps between teams. This will show us that you can work well with Underwriters and the modelling team.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining the StudySmarter family!
How to prepare for a job interview at Convex Insurance Ltd.
✨Know Your Models
Make sure you brush up on your knowledge of vendor catastrophe models, especially if you have experience with Verisk or AIR. Be ready to discuss how these models work and their implications in the insurance market. This will show that you’re not just familiar with the tools but can also apply them effectively.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing past projects where you’ve used SQL, R, or Python. Bring examples of how you’ve tackled complex data problems and what insights you derived from them. This will highlight your ability to bridge the gap between data and decision-making.
✨Engage with Stakeholders
Since the role involves liaising with underwriters and senior stakeholders, think of examples where you’ve successfully communicated complex ideas to varied audiences. Practice explaining technical concepts in simple terms, as this will be crucial for building trust and transparency in your future role.
✨Emphasise Team Leadership
As you’ll be managing team members, be prepared to discuss your leadership style and how you mentor others. Share specific instances where you’ve guided junior colleagues or improved team processes. This will demonstrate your capability to lead and foster a collaborative environment.