At a Glance
- Tasks: Manage natural catastrophe insurance, guiding a team and collaborating with stakeholders.
- Company: Join Convex Insurance, a leader in innovative analytics and decision-making.
- Benefits: Enjoy competitive salary, 30 days leave, private health cover, and learning budget.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Experience in non-life insurance and proficiency in SQL/R/Python required.
- Other info: Dynamic team environment with opportunities for mentorship and career growth.
The predicted salary is between 36000 - 60000 ÂŁ per year.
Join to apply for the Exposure Manager, Insurance NatCat role at Convex Insurance.
Location: London, UK
Department: Actuarial / Portfolio Optimisation
Description
The Exposure Management team is embedded in the Convex Analytics function and seeks to create a competitive advantage through industryâleading decision making enabled by comprehensive data and crossâfunctional 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 thirdâparty 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 thirdâparty modelling team, resulting in increased transparency of modelling and analytics.
Key Responsibilities
- Maintaining an excellent relationship with the thirdâparty modelling team and providing ongoing guidance.
- Peer reviewing thirdâparty output, providing teaching and recommending 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 nonâlife, 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
- 10 days of help with care (elder/childcare) through Bright Horizons
- ÂŁ1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Exposure Manager, Insurance NatCat in London employer: Convex Insurance
Contact Detail:
Convex Insurance Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Exposure Manager, Insurance NatCat in London
â¨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and donât be shy about reaching out on LinkedIn. We all know that sometimes itâs not just what you know, but who you know that can help you land that dream job.
â¨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with catastrophe models and your analytical skills. We want to see how you can bring value to the team, so donât hold back on sharing your insights and past successes!
â¨Prepare for the Interview
Do your homework before the interview! Understand Convex Insuranceâs values and how the Exposure Management team operates. Weâre looking for someone who can bridge gaps and improve processes, so come ready with ideas on how you can contribute.
â¨Apply Through Our Website
Donât forget to apply through our website! Itâs the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and engaged with our company from the get-go.
We think you need these skills to ace Exposure Manager, Insurance NatCat in London
Some tips for your application đŤĄ
Tailor Your CV: Make sure your CV is tailored to the Exposure Manager role. Highlight your experience in natural catastrophe modelling and any relevant skills, like SQL or Python. We want to see how your background fits with what we're looking for!
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 you can contribute to our team. Be sure to mention your understanding of vendor catastrophe models and your analytical skills.
Showcase Your Team Spirit: We value collaboration at StudySmarter, so make sure to highlight your experience working in teams. Mention any mentoring roles you've had or how you've supported colleagues in previous positions. We love a good team player!
Apply Through Our Website: Don't forget to apply through our website! Itâs the best way for us to receive your application and ensures youâre considered for the role. Plus, it shows youâre keen on joining our awesome team!
How to prepare for a job interview at Convex Insurance
â¨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 youâre not just familiar with the theory but can apply it practically.
â¨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. Being able to articulate your thought process will impress the interviewers and highlight your suitability for the role.
â¨Engage with Stakeholders
Since this role involves liaising with underwriters and senior stakeholders, think of examples where you've successfully communicated complex data to varied audiences. Practice explaining technical concepts in simple terms, as this will be crucial in bridging gaps between teams.
â¨Emphasise Team Leadership
As you'll be managing a small team, be prepared to discuss your leadership style and how you mentor junior members. Share specific instances where you've guided others and contributed to their professional growth, showcasing your ability to foster a collaborative environment.