At a Glance
- Tasks: Lead the Exposure Management team, optimising natural catastrophe insurance portfolios.
- Company: Join a forward-thinking insurance firm in London with a focus on analytics.
- 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 analytical skills.
- Qualifications: Experience in non-life insurance and proficiency in SQL, R, or Python required.
- Other info: Dynamic role with opportunities for mentorship and career growth.
The predicted salary is between 36000 - 60000 ÂŁ per year.
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 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.
- 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.
- 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
Contact Detail:
Convex 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 you confidently explain how your background makes you the perfect fit for the Exposure Manager role!
â¨Prepare for the Interview
Do your homework before the interview! Understand the companyâs values and how they align with your own. We suggest preparing some questions about their exposure management processes to show youâre genuinely interested and ready to 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 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 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 any specific experiences that relate to the responsibilities listed in the job description.
Showcase Your Analytical Skills: Since this role is all about data and analytics, make sure to showcase your analytical skills in your application. Whether it's through past projects or specific tools you've used, we want to see how you approach complex problems.
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 the StudySmarter family!
How to prepare for a job interview at Convex
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 by discussing past projects where youâve used SQL, R, or Python. Bring examples of how youâve tackled complex data problems and what insights you derived from them. This will highlight your technical skills and your ability to communicate complex ideas effectively.
â¨Engage with Stakeholders
Since the role involves liaising with underwriters and senior stakeholders, think about how you can illustrate your experience in building relationships. Prepare anecdotes that showcase your ability to bridge gaps between teams and enhance transparency in processes. This will reflect your collaborative spirit and understanding of the business.
â¨Continuous Improvement Mindset
Be ready to discuss how youâve contributed to process improvements in your previous roles. Think of specific examples where youâve identified inefficiencies and implemented changes. This aligns perfectly with the companyâs focus on thought leadership and continuous improvement in the Exposure Management function.