At a Glance
- Tasks: Analyze exposure and manage stochastic modeling for UK and US underwriting.
- Company: Join Rokstone, a leading international underwriting MGA with innovative insurance solutions.
- Benefits: Enjoy a competitive benefits package and flexible hybrid work options.
- Why this job: Be part of a dynamic team that values innovation and inclusivity in the insurance industry.
- Qualifications: Bachelor’s degree in relevant fields; insurance experience is a plus but not required.
- Other info: We promote a culture of inclusivity and welcome applicants from all backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Job Title
Exposure Management Analyst
Entity
Rokstone
Department
Rokstone Underwriting
Reports to
Cat Modelling Manager
Location
London/Hybrid
Who We Are
Rokstone, part of the Aventum Group, is an established international underwriting MGA and approved Lloyd’s of London coverholder. With innovation at our core, we offer brokers specialised (re)insurance solutions. Our competitive benefits package reflects our commitment to investing in our people.
Role Summary
We are seeking an Exposure Management Analyst responsible for delivering stochastic modelling and exposure reporting while managing our UK and US underwriting such as Property D&F, Cargo, Marine, Construction, and Power.
Role Accountabilities
- Manage and monitor daily operation of AIR modelling platform, cat model analytics, and exposure accumulation system.
- Contribute to the workflow automation for scheduled reports and other repetitive modelling tasks.
- Work with the EM team to create Cat model and Exposure reporting results for the US underwriting classes.
- Support the EM team on London underwriting team requirements during busy periods, if required.
- Become the first point of contact for the underwriting team, MIS, and EM team for all reporting and modelling enquiries.
- Liaise with the underwriting team to produce ad hoc cat model analyses.
- Assist with various other projects and reporting related to NatCat as required.
- Interact closely with the EM team, AIR, 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 US underwriting teams and London EM team.
- Follow AIR to keep track of the most recent cat model developments.
Role Requirements
- Bachelor’s degree, preferably in Mathematics, Science, Geography, 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.
- Knowledge of Microsoft SQL Server Management Studio and/or GIS skills are useful but not essential.
- Strong analytical and problem-solving approach.
- Highly motivated team player with good interpersonal skills.
- Strong organisational and time management skills, with the ability to multi-task.
- Strong communication skills to liaise with the EM team and underwriting teams.
Management Duties
- No
We are an equal opportunity employer and aim to hire our industry’s finest people. We value applicants from all backgrounds and foster a culture of inclusivity. Please let us know if you require any reasonable adjustments during the recruitment process.
FCA Conduct Rules
- You must act with integrity.
- You must act with due skill, care and diligence.
- You must be open and cooperative with the FCA, the PRA, and other regulators.
- You must pay due regard to the interests of customers and treat them fairly.
- You must observe proper standards of market conduct.
- You must act to deliver good outcomes for retail customers.
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Exposure Management Analyst employer: Rokstone Underwriting
Contact Detail:
Rokstone Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Exposure Management Analyst
✨Tip Number 1
Familiarize yourself with stochastic modeling and exposure reporting. Understanding these concepts will not only help you in the interview but also show your genuine interest in the role.
✨Tip Number 2
Brush up on your Microsoft Excel skills, as they are crucial for this position. Consider taking an online course or practicing advanced functions to demonstrate your proficiency.
✨Tip Number 3
Network with professionals in the insurance industry, especially those who work in exposure management. This can provide you with insights into the role and potentially lead to referrals.
✨Tip Number 4
Stay updated on the latest developments in cat modeling and exposure analytics. Following relevant industry news and trends will help you engage in meaningful conversations during interviews.
We think you need these skills to ace Exposure Management Analyst
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Exposure Management Analyst position. Make sure you understand the key responsibilities and requirements, as this will help you tailor your application.
Highlight Relevant Skills: In your CV and cover letter, emphasize your analytical skills, experience with Microsoft Excel, and any knowledge of SQL or GIS. Even if you don't have direct experience in the insurance industry, showcase transferable skills that align with the role.
Craft a Strong Cover Letter: Write a compelling cover letter that explains why you are interested in the position and how your background makes you a suitable candidate. Be sure to mention your ability to work independently and as part of a team, as well as your strong communication skills.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for the role.
How to prepare for a job interview at Rokstone Underwriting
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of an Exposure Management Analyst. Familiarize yourself with stochastic modelling, exposure reporting, and the specific underwriting classes mentioned in the job description.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical and problem-solving abilities. Be ready to provide examples of how you've used these skills in past experiences, especially in relation to data quality and reporting.
✨Familiarize Yourself with Relevant Tools
While experience with Microsoft SQL Server Management Studio and GIS skills is not essential, having a basic understanding of these tools can set you apart. If you have any experience with AIR modelling platforms, be sure to mention it.
✨Demonstrate Team Collaboration
Highlight your ability to work both independently and as part of a team. Prepare examples that showcase your interpersonal skills and how you've successfully collaborated with others in previous roles.