At a Glance
- Tasks: Manage stochastic modelling and exposure reporting for UK and US underwriting.
- Company: Dynamic insurance company focused on innovation and inclusivity.
- Benefits: Hybrid work model, training from experts, and career advancement opportunities.
- Other info: Join a supportive team where you can truly be yourself.
- Why this job: Gain hands-on experience in exposure management and catastrophe modelling.
- Qualifications: Bachelor’s degree in Geography, Science or related field; insurance experience is a plus.
The predicted salary is between 63000 - 77000 £ per year.
Role Summary
We are seeking an Exposure Analyst who will be responsible for delivering stochastic modelling and exposure reporting and managing our UK and US underwriting such as Property D&F, Cargo, Marine, Construction, and Power.
The successful candidate will receive training from highly experienced Exposure Management (EM) individuals in this field and will eventually manage and look after the underwriting team requirements.
The role requires liaising with both the underwriting team and relevant stakeholders that contribute to the aggregation and stochastic modelling of each class.
The role will be supporting our MGA, Rokstone Underwriting and EM team and will be a great opportunity to eventually step up and look after individual classes of business and learn about both Exposure Management and Catastrophe modelling from an MGA perspective.
Role Summary
We are seeking an Exposure Analyst who will be responsible for delivering stochastic modelling and exposure reporting and managing our UK and US underwriting such as Property D&F, Cargo, Marine, Construction, and Power.
The successful candidate will receive training from highly experienced Exposure Management (EM) individuals in this field and will eventually manage and look after the underwriting team requirements.
The role requires liaising with both the underwriting team and relevant stakeholders that contribute to the aggregation and stochastic modelling of each class.
The role will be supporting our MGA, Rokstone Underwriting and EM team and will be a great opportunity to eventually step up and look after individual classes of business and learn about both Exposure Management and Catastrophe modelling from an MGA perspective.
- Role Accountabilities
- Manage and monitor the daily operation of the AIR modelling platform, catastrophe model analytics and exposure accumulation system.
- Contribute to the workflow automation for scheduled reports and other repetitive modelling tasks.
- Work with the Exposure Management team to create catastrophe model and Exposure reporting results for the UK underwriting classes.
- Support the Exposure Management team on London underwriting team requirements during busy periods, if required.
- Become the first point of contact for the underwriting team, MIS and Exposure Management team for all reporting and modelling enquiries and queries.
- Liaise with the underwriting team to produce ad hoc catastrophe model analyses.
- Liaise with the other teams to assist data entry, aggregation and cat modelling of each class.
- Assist with various other projects and reporting related to natural catastrophes as required.
- Interact closely with the Exposure Management team, Verisk and Exposure Hub specialists to achieve superior data quality in Rokstone’s cat modelling and exposure reporting.
- Manage pre-bind and post-bind process and deliver regular reporting to both the UK underwriting teams and London Exposure Management team.
- Follow Verisk to keep track of most recent cat model developments.
- Any additional duties assigned.
- Role Requirements
- Bachelor’s degree, preferably in Geography, Science or other related degree.
- Experience in the insurance industry is useful but not essential.
- Ability to work effectively both independently and within teams.
- Flexibility to work extended hours if required.
Skills and Abilities
- Knowledge in Microsoft Excel, V look ups and pivot tables, formulars, data manipulation.
- Knowledge of Microsoft SQL Server Management Studio and/or GIS skills are useful by not essential.
- Strong analytical and problem solving approach as you will be working alone and alongside the Exposure Management team.
- Highly motivated team player with good interpersonal skills.
- Strong organisational and time management skills, with the ability to multi-task is required.
- Strong communication skills is required to liaise with the Exposure Management team and underwriting teams.
- Management Duties
- No
We are an equal opportunity employer, and we are proud to share that 93% of our employees say they can be themselves at work.
We aim to hire our industry's finest people because the best people drive the best outcomes.
And we forever challenge the status quo because we know there are always ways to improve things.
Because together, we're limitless.
We value applicants from all backgrounds and foster a culture of inclusivity.
We understand the need for flexibility, so work in a hybrid model.
Please let us know if you require any reasonable adjustments during the recruitment process.
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Exposure Analyst in London employer: Rokstone Group
As a leading employer in the property insurance sector, we pride ourselves on fostering a dynamic and inclusive work culture where 93% of our employees feel they can be themselves. Our hybrid working model offers flexibility, while our commitment to professional development ensures that you will have ample opportunities for growth and advancement within a diverse range of sectors. Join us to be part of a team that values innovation and collaboration, driving meaningful outcomes for our clients across international markets.
StudySmarter Expert Advice🤫
We think this is how you could land Exposure 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 Rokstone Group). 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 Rokstone Group. 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 Analyst in London
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 Rokstone Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Rokstone Group. 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 Rokstone Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Rokstone Group 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 Rokstone Group, 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 Rokstone Group'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.
