Rokstone Underwriting | Exposure Management Analyst

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, where we also hold a Lloyd’s Box. With innovation at our core, we go beyond the ordinary to offer brokers specialised (re)insurance solutions. Within Rokstone, we house specialist MGAs such as Novus, iSure and iFarm, each contributing to our commitment to redefining industry standards.

At the heart of Aventum are our people. Working together in dynamic, service-focused teams, we prioritise our customers in everything we do. Collaboration fuels our success, courage drives our innovation and continuous improvement keeps us ahead in a rapidly evolving industry. Our shared commitment is to revolutionise insurance for the better, one day at a time.

We also believe that investing in our people is investing in our future. By empowering people across the Group to develop their careers, advance within the Group, and embrace new challenges, we build an environment where growth and learning never stop.

Our competitive benefits package, offered via a flexible benefits platform, reflects this. Beyond core benefits, employees have the freedom to tailor their benefits to meet their individual needs, supporting their unique goals and ambitions.

Role Summary

A newly created role, we are seeking a Exposure Management Analyst who will be responsible for delivering the stochastic modelling and exposure reporting and managing our UK and US underwriting such as Property D&F, Cargo, Marine, Construction, Power.

Working closely with both the UK and US Underwriting and Exposure Management team, the successful candidate will receive training from highly experienced exposure management individuals in this field and to eventually manage and look after the underwriting team requirements. The role requires liaising with both underwriting team and relevant stake holders that contribute to the aggregation and stochastic modelling of each class/

The new role will be supporting our MGA, Rokstone Underwriting and Exposure Management (EM) team and will be a great opportunity to eventually step up and look after individual class of business and learning about both Exposure Management and Catastrophe modelling from an MGA perspective.

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 and queries.
• Liaise with the underwriting team to produce ad hoc cat model analyses
• Liaise with the other team to assist data entry, aggregation and cat modelling of each class.
• 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 Rokstones’ 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 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 by not essential
• Strong analytical and problem solving approach as you will be working alone and alongside the EM 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 EM 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.

FCA Conduct Rules

Under the Senior Managers and Certification Regime the FCA and Aventum expects that:

• 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.