At a Glance
- Tasks: Assist in pricing accounts and provide analytical support to underwriting teams.
- Company: Join Starr Insurance, a global leader in insurance and investment since 1919.
- Benefits: Enjoy first-class training, inclusive culture, and opportunities for growth.
- Why this job: Be part of a fast-growing company making an impact across 128 countries.
- Qualifications: Relevant degree with strong Excel skills and analytical abilities required.
- Other info: We value diversity and are committed to creating an inclusive workplace.
The predicted salary is between 28800 - 43200 £ per year.
Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
Roles and Responsibilities
- Assist in the production of account pricing from manipulating raw data to running the appropriate Excel based RMS models.
- Provide feedback to underwriting teams on the quality of analysis to include the accuracy and completeness of data entry into the catastrophe model and pricing assumptions.
- Respond to ad-hoc requests from Underwriters with respect to the impact of individual accounts on the Company’s risk appetite and perform marginal impact analysis.
- Provide support to the wider Actuarial team in the development of current capital modelling capability to meet use test demands of Solvency II and the global capital modelling requirements of the Starr Group.
Experience
- Some knowledge of Commercial Property and/or Onshore Energy Insurance.
- Understanding of the Lloyd's/London Market.
Skills
- Analytical and problem solving skills.
- Negotiation, judgment and decision making ability.
- Advanced numeracy.
Systems & I.T
- MS Office – Excel (Advanced), Word and Outlook.
- RMS.
- SQL.
Qualifications
- Relevant degree and a good skill level with Microsoft Excel and manipulating/interpreting numbers.
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 are 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.
Exposure Management Assistant employer: Starr Insurance Companies
Contact Detail:
Starr Insurance Companies Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Exposure Management Assistant
✨Tip Number 1
Familiarise yourself with the specific software and tools mentioned in the job description, especially RMS and SQL. Having hands-on experience or even completing online tutorials can give you a significant edge during the interview.
✨Tip Number 2
Brush up on your knowledge of the Lloyd's/London Market and Commercial Property insurance. Understanding the nuances of these areas will not only help you answer questions more effectively but also demonstrate your genuine interest in the role.
✨Tip Number 3
Prepare to discuss your analytical and problem-solving skills in detail. Think of specific examples from your past experiences where you've successfully tackled complex data issues or provided valuable insights to a team.
✨Tip Number 4
Network with professionals in the insurance industry, particularly those who work in exposure management or actuarial roles. Engaging with them on platforms like LinkedIn can provide you with insider knowledge and potentially lead to referrals.
We think you need these skills to ace Exposure Management Assistant
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Exposure Management Assistant position. Familiarise yourself with the key tasks such as data manipulation, pricing analysis, and providing feedback to underwriting teams.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job description. Emphasise your analytical skills, familiarity with MS Excel, and any knowledge of Commercial Property or Onshore Energy Insurance.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific experiences that demonstrate your problem-solving abilities and your understanding of the Lloyd's/London Market.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is accurate and presented clearly.
How to prepare for a job interview at Starr Insurance Companies
✨Showcase Your Analytical Skills
Since the role involves manipulating raw data and running Excel models, be prepared to discuss your analytical skills. Bring examples of past experiences where you've successfully analysed data or solved complex problems.
✨Familiarise Yourself with the Industry
Understanding Commercial Property and Onshore Energy Insurance is crucial. Do some research on Starr Insurance Companies and the Lloyd's/London Market to demonstrate your knowledge during the interview.
✨Excel Proficiency is Key
As advanced Excel skills are a requirement, consider brushing up on your Excel capabilities. Be ready to discuss specific functions or tools you’ve used in previous roles that relate to data manipulation and analysis.
✨Prepare for Scenario-Based Questions
Expect questions that assess your judgement and decision-making abilities. Think of scenarios where you had to make critical decisions based on data analysis and be ready to explain your thought process.