Exposure Management Analyst in London

Exposure Management Analyst in London

London Full-Time 34650 - 42350 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Analyse data and provide insights to support underwriting decisions in a dynamic insurance environment.
  • Company: Join Hiscox, an innovative insurer that values creativity and challenges the norm.
  • Benefits: Flexible working, competitive salary, and opportunities for professional growth.
  • Other info: Collaborative team culture with a focus on continuous improvement and career development.
  • Why this job: Make a real impact in the insurance industry while developing your analytical skills.
  • Qualifications: Degree in a numerical field; coding and data analysis skills are a plus.

The predicted salary is between 34650 - 42350 £ per year.

Build a brilliant future with Hiscox.

As an international specialist insurer, we are selective and focus on our key areas of expertise and strength, underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things. We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.

The Hiscox London Market Exposure Management Team comprises 8 people based in London. The role of the team is to help Hiscox London Market deliver its underwriting goals by controlling the level of exposures across multiple Lines of Business. The team is highly motivated and committed to ensure that all decisions involving catastrophe risk, modelled and non-modelled, are based on the latest science, information and analysis, and are carried out in a coherent fashion throughout the organisation.

You will be sharing your technical knowledge and work experience naturally every day with the team and driving your own career development, thus shaping your own and the team's future.

For this role we are looking for someone who can take ownership, work independently, and thrive on ambiguity. The successful candidate will be highly numerate, with an ability to think creatively and communicate effectively. You will need to confidently make sound business decisions and back these up with relevant data. You will need to find solutions to problems where there is not an established approach.

What you will be doing as an Exposure Management Analyst in our team:

  • Business as usual support: Your priority will be to ensure that the Underwriting Teams are equipped with the latest exposure information and are provided with insights upon the direction of travel of the portfolios exposures. A good amount of time will also be spent on delivering exposure roll-ups to the Hiscox Group to meet internal, Investor and Regulatory requirements. You will be responsible for ensuring that the data, methodologies and assumptions used are correct and up to date and that results have been reviewed by and communicated to the Underwriting team.
  • Driving change: Through your own drive and working together with highly experienced Underwriters, Pricing Analysts, the Group Exposure Management team and external service providers you will strive to continuously improve our approach to exposure management and be leading implementation of meaningful ways to answer exposure management related questions. In addition there is the need to move the existing processes forward and implement new and better ways of working through a controlled environment so more focus can be put on analysis and delivering insight back to the business.

Requirements:

  • This role is suitable for a high-performing, analytical and enthusiastic individual who can associate themselves with the following:
  • You have a genuine interest in data, analytics, risk and problem-solving, and are excited by the opportunity to build a career within the insurance industry.
  • Whether you're a recent graduate or have some industry experience, you are intellectually curious and enjoy learning new concepts, technologies and ways of working.
  • You have strong numerical and analytical skills, with the ability to interpret data, identify trends and communicate findings clearly to both technical and non-technical audiences.
  • You enjoy working collaboratively with a variety of stakeholders and can build effective working relationships across teams.
  • You are naturally inquisitive and can challenge assumptions by translating analysis into meaningful business insights and answering the 'so what?'.
  • You are highly organised, able to manage competing priorities and comfortable working in a fast-paced environment where demands can be complex and varied.
  • You have a continuous improvement mindset and are motivated by opportunities to increase your technical expertise, commercial understanding and subject matter knowledge.
  • You are interested in using technology, coding, automation and data-driven thinking to solve business problems.

Our Must-Haves:

  • Educated to degree level (or equivalent) in a numerical, mathematical, geographical, statistical, risk-related or other highly analytical discipline.
  • Recent graduates with a strong technical foundation are encouraged to apply, as are candidates with relevant industry or analytical experience.
  • Experience of, or a demonstrable interest in, coding, data analysis and quantitative problem-solving.
  • Knowledge of at least one of the following: Excel, SQL, Python, R, VBA or similar analytical tools.
  • Excellent communication and stakeholder management skills.
  • Fluent written and spoken business English.

Our Nice-to-Haves:

  • Experience using Python, SQL, R or other analytical programming languages.
  • Exposure to insurance, risk management, catastrophe modelling or exposure management.
  • Experience working with large or complex datasets.
  • Tableau Desktop experience.
  • Dataiku experience.

At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn’t always have to be ‘nine to five’ and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.

Work with amazing people and be part of a unique culture.

Location: London

Type: Full time

Exposure Management Analyst in London employer: Hiscox AG

Hiscox is an exceptional employer that prioritises diversity and inclusivity, fostering a culture where every employee can thrive. With a commitment to hybrid working, employees enjoy the flexibility to balance their professional and personal lives while contributing to a leading international insurance group. The company also offers robust opportunities for growth and development, ensuring that team members are well-equipped to tackle the evolving challenges in cyber security.

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Contact Details:

Hiscox AG Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Exposure Management Analyst in London

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Hiscox AG). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Hiscox AG. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Exposure Management Analyst in London

Numerical Skills
Analytical Skills
Data Analysis
Problem-Solving Skills
Communication Skills
Stakeholder Management
Excel

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Hiscox AG.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Hiscox AG. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Hiscox AG

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Hiscox AG to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Hiscox AG, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Hiscox AG's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.