At a Glance
- Tasks: Support the Exposure Management Team with analytics on Natural Catastrophe portfolios.
- Company: Join Starr, a global leader in insurance and investment solutions.
- Benefits: Inclusive culture, first-class training, and opportunities for career growth.
- Other info: Dynamic workplace with a commitment to diversity and inclusion.
- Why this job: Make an impact in a fast-growing environment focused on risk management and analytics.
- Qualifications: Experience in catastrophe modelling, strong analytical skills, and programming knowledge.
The predicted salary is between 45000 - 55000 £ per year.
Overview
Starr is a global insurance and investment organisation providing property and casualty insurance solutions to business and industry.
Starr has grown into one of the world’s fastest‑expanding insurance organisations, writing business in 128 countries across six continents.
Our talented and experienced associates manage risk and ultimately support the profitable growth of organisations in a dynamic, competitive and ever-changing marketplace.
Join us and become part of our talented and passionate workforce.
Role Purpose
The role supports the Exposure Management Team in developing best‑in‑class analytics on our Natural Catastrophe portfolio, supporting underwriting teams to make efficient use of their available capital.
This will suit an analytically minded individual with an interest in catastrophe modelling, coding and data visualisation.
It is a unique opportunity to work in a rapidly evolving and fast‑growing environment, where exposure risk management and analytics are at the core of our business.
We are looking for an individual that will bring a strong level of expertise and contribute to the development of robust and innovative analytics in order to drive Starr to achieve a highly profitable and optimised portfolio.
Key Responsibilities
- Delivering complete and accurate portfolio roll‑ups for Lloyd’s and International entities as well as providing data for Starr Group roll‑up
- Ensuring Treaty catastrophe exposure is well understood, measured, and clearly communicated across the business.
- Key point of contact for Treaty underwriters, providing feedback on the accuracy and completeness of catastrophe model data entry, pricing assumptions, and model reliability.
- Support the delivery of internal, and external regulatory reporting, ensuring submission requirements and deadlines are met
- Aid in the design of systems and processes to support management and monitoring of the Group’s aggregate catastrophe exposures.
The above duties and responsibilities are not an exhaustive list, and you may be required to undertake other reasonable duties compatible with your experience and competencies.
This description may be varied from time to time to reflect changing business requirements.
Qualifications, Skills and Experience
- Proven experience working in catastrophe modelling, in Treaty business
- Strong analytical, quantitative, problem‑solving, and critical thinking skills.
- In depth knowledge of how catastrophe models work, their strengths and weaknesses, and how to draw maximum value from their results – experience in RMS essential, AIR highly desirable.
- Programming skills and experience with tools to manipulate large data sets, preferably Python and SQL, with a willingness/experience of using AI for coding.
- Experience working with outwards reinsurance structures and how portfolio recoveries should be allocated back to source business units.
- Knowledge of Insurance, and understanding of Lloyd’s, PRA and Solvency II requirements
- Core Behavioural Competencies
- Analysis and decision making
- Innovation and problem solving
- Performance focus
- Resilience and adaptability
- Additional Information
- A full job description can be seen here
Starr is an equal opportunity employer, which means we will consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.
We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.
We offer first class training and development opportunities to all employees.
Our aim is to grow our own talent and bring out the best in people.
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Treaty Exposure Management Analyst employer: Starr
Starr is an excellent employer that fosters a collaborative and innovative work culture in the heart of London. With a strong focus on employee growth, we offer numerous opportunities for professional development and career advancement, ensuring that our team members are equipped to thrive in their roles. Our commitment to delivering meaningful impact within the underwriting sector makes working here not just a job, but a rewarding experience.
StudySmarter Expert Advice🤫
We think this is how you could land Treaty Exposure Management Analyst
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Starr. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Treaty Exposure Management Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Starr.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Starr's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Starr
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Starr.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Starr will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Starr employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
