At a Glance
- Tasks: Manage natural catastrophe insurance portfolios and lead a dynamic team.
- Company: Join a leading analytics-driven insurance firm in London.
- Benefits: Enjoy competitive salary, generous leave, and wellness perks.
- Why this job: Make a real impact in the insurance industry with innovative analytics.
- 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 regularly 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
- 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 employer: Convex
Contact Detail:
Convex Recruiting Team
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 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 experience with natural catastrophe modelling and exposure management. We want to see how you can bring value to their team, so share specific examples of your past work and successes!
✨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 demonstrate your knowledge and expertise!
✨Apply Through Our Website
Don’t forget to apply through our website for the best chance at landing that role! We love seeing candidates who take the initiative to engage directly with us. It’s a great way to show your enthusiasm for the position and the company.
We think you need these skills to ace Exposure Manager, Insurance NatCat
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the role of Exposure Manager. Highlight your experience in natural catastrophe modelling and any relevant skills that align with the job description. We want to see how you can bring value to 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 perfect fit for this role. Don’t forget to mention your analytical skills and teamwork experience!
Showcase Your Technical Skills: Since this role requires proficiency in SQL, R, or Python, make sure to highlight your technical skills clearly. We love seeing examples of how you've used these tools in past roles, so don’t hold back!
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’re considered for the role. Plus, it shows you’re keen on joining StudySmarter!
How to prepare for a job interview at Convex
✨Know Your Models
Make sure you have a solid understanding of vendor catastrophe models, especially if you have experience with Verisk or AIR. Be ready to discuss how these models impact decision-making in the insurance market and how you can leverage them in your role.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess by discussing past projects where you've used SQL, R, or Python. Bring examples that highlight your ability to explain complex data clearly, as this will be crucial for liaising with Underwriters and stakeholders.
✨Emphasise Team Collaboration
Since this role involves managing a team and collaborating with various departments, be prepared to share experiences where you've successfully worked in a team environment. Highlight your mentorship skills and how you've supported junior members in their development.
✨Engage with Continuous Improvement
Think about ways you've contributed to process improvements in previous roles. Be ready to discuss your ideas on enhancing the Exposure Management function and how you can bring thought leadership to the team at Convex.