Senior Analyst, Exposure Management

Senior Analyst, Exposure Management

Full-Time 54000 - 66000 £ / year (est.) Home office (partial)
Polo

At a Glance

  • Tasks: Support Exposure Management services and implement frameworks across property and non-property lines.
  • Company: Polo Managing Agency, a leader in the Lloyd's market.
  • Benefits: Competitive salary, flexible working, private health insurance, and generous leave options.
  • Other info: Enjoy a vibrant workplace with volunteering days and social events.
  • Why this job: Join a dynamic team and make a real impact in exposure management.
  • Qualifications: 3+ years in Lloyd’s market, strong analytical skills, and excellent communication.

The predicted salary is between 54000 - 66000 £ per year.

To assist the Head of Exposure Management for Polo Managing Agency (PMA) and its managed syndicates on providing Exposure Management services across all property and non-property lines of business including catastrophe risk management, casualty & liability, post event reporting and regulatory returns.

Key Responsibilities

  • To support the Exposure Management function at PMA, reporting to the Head of Exposure Management.
  • To help implement PMA’s Exposure Management Framework, including policies, procedures, systems and reporting, and implement appropriately across the agency and all managed syndicates.
  • To provide assistance to managed syndicates in line with PMA’s exposure management framework to help ensure that all regulatory obligations and deadlines are met.
  • Supporting syndicates with the management of catastrophe, and non-catastrophe exposure processes in line with agreed risk appetites and tolerances across multiple lines of business.
  • Providing Exposure Management support and guidance to syndicates to meet Lloyd’s expectations for Principles for Doing Business (PBO) expectations with regards to PBO 2a and 2b.
  • Contributing to defining and reporting appropriate cat view of risk into the LSM or Internal Model for regulatory capital setting purposes.
  • Produce reporting materials for Committees and senior management.
  • Providing guidance on validation of the cat view of risk and assisting in managing changes to cat view of risk and exposure management methodologies including appropriate communication with Lloyd’s Exposure Management team.
  • Assisting the Head of Exposure Management to implement PMA’s governance structure including the timetabling of committee meetings.
  • Review and submission of regular and ad hoc Lloyd’s exposure management reporting.

Exposure Management (EM) Practice

  • To assist with all EM services including target operating model design and build.
  • Manage and support the day-to-day, onboarding and subsequent BAU delivery.
  • Look for, and implement continual improvements in process, accuracy and efficiency.
  • Continually assess new and alternative digital solutions, market developments and initiatives, to understand impacts to Polo, threats and opportunities.

Skills, Knowledge and Expertise

  • Minimum 3 years’ experience in the Lloyd’s market in an exposure management related role.
  • Experience in filing Lloyd’s Exposure Management regulatory returns.
  • Experience of the Lloyd’s Business Planning Process.
  • Knowledge of exposure management processes.
  • Proficient level of IT skills.
  • Self-motivated and proactive.
  • Excellent written and verbal communication skills with strong interpersonal skills.
  • Highly numerate with strong analytical and problem-solving skills.
  • Ability to adapt to changing priorities and manage multiple deadlines.
  • Ability to work collaboratively with others and establish strong relationships both internally and externally.
  • Preferably graduate and ACII qualified or working towards ACII qualification.
  • A strong understanding of the Lloyd’s market and exposure management functions within the market.
  • Knowledge, and a working understanding of PRA and Solvency II exposure management requirements, Lloyd’s operations and related regulatory reporting.
  • Understanding of underwriting and outwards reinsurance.
  • Understanding of Lloyd’s Principles for Doing Business, with a detailed understanding of Principle 2 Exposure Management.

Benefits

As well as a competitive salary, discretionary annual bonus, and a minimum 26 days of annual leave (with the option to buy more), you will also get an excellent benefits package, including flexible, hybrid working, private health insurance, life assurance, income protection, enhanced pension contributions, and occupational maternity and paternity pay. You will also have access to company volunteering days, an Electric Vehicle (EV) leasing scheme, an employee assistance programme with retail discounts and savings, a generous employee referral scheme, regular sports and social events, and free Cheltenham bus travel.

Senior Analyst, Exposure Management employer: Polo

As a Syndicate Underwriting Manager in London, you will join a dynamic team that prioritises employee growth and well-being. Our company offers a competitive salary, flexible hybrid working arrangements, and a comprehensive benefits package including private health insurance and generous annual leave. With a strong focus on collaboration and professional development, we foster a supportive work culture that encourages innovation and community involvement.

Polo

Contact Details:

Polo Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Analyst, Exposure Management

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We think you need these skills to ace Senior Analyst, Exposure Management

Exposure Management
Catastrophe Risk Management
Regulatory Reporting
Lloyd’s Business Planning Process
Analytical Skills
Problem-Solving Skills
Communication Skills

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 Polo.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Polo. 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 Polo

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Polo 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 Polo, 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 Polo'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.