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 growth.
- Other info: Dynamic environment with a focus on innovation and problem-solving.
- Why this job: Make an impact in risk management while developing your analytical skills.
- Qualifications: Experience in catastrophe modelling and strong analytical skills required.
The predicted salary is between 37800 - 46200 £ per year.
Overview
About us
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 Property catastrophe exposure is well understood, measured, and clearly communicated across the business.
- Key point of contact for Property 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.
- Support the Outwards Reinsurance team with data submissions.
- Follow the Starr event response process, by assisting the business in responding to events and estimating potential losses.
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
- Previous experience working in catastrophe modelling, of Property classes of 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.
We’re Hiring: Property Exposure Management Analyst employer: Starr
Starr is an excellent employer that prioritises employee growth and development, offering a supportive work culture where learning is at the forefront. With a hybrid working model, employees enjoy the flexibility of working from home while also benefiting from in-person collaboration three days a week. The company fosters a positive environment for professional advancement, making it an ideal place for those looking to make a meaningful impact in their careers.