At a Glance
- Tasks: Support exposure and catastrophe modelling processes across Energy Classes.
- Company: Join a leading firm in the insurance and energy sectors.
- Benefits: Gain valuable experience, competitive salary, and opportunities for growth.
- Other info: Dynamic team environment with opportunities to attend industry events.
- Why this job: Make an impact in renewable energy and oil & gas industries while developing your skills.
- Qualifications: Strong academic background and basic programming skills are essential.
The predicted salary is between 30000 - 40000 £ per year.
Description
Key Accountabilities & Role Requirements
- Support M&E aggregate and CAT processes — Assist with accurate end-to-end exposure and catastrophe-modelling capture across all Energy Classes.
- Maintain accurate documentation — Keep all process, methodology, and modelling documentation current and precise.
- Act as a cross-team liaison — Coordinate between Underwriting, CAT Modelling, and Exposure Management teams.
- Prepare reporting materials — Support the creation of roll-ups, committee packs, exhibits, and event response analysis.
- Conduct aggregate checks — Assess marginal account impacts against M&E metrics, tolerances, and portfolio constraints.
- Contribute to portfolio optimisation — Work with Exposure Management to enhance portfolio performance and risk balance.
- Validate model outputs — Review and confirm modelled loss results for accuracy, consistency, and alignment with underwriting assumptions.
- Drive process efficiencies — Improve data-capture, validation, and reporting workflows.
- Support regulatory returns — Assist with submissions related to M&E for Lloyd’s.
- Produce committee exhibits — Support preparation of materials for governance and oversight committees.
- Represent the business externally — Attend market forums, industry bodies, and conferences on behalf of Westfield.
- Maintain industry awareness — Stay informed on developments in M&E insurance, Oil & Gas, and Renewable Energy.
Skills & Competencies Required
- Effective Communication – Strong oral and written communication skills.
- Analytical Thinking – Utilizes data and analytics to generate actionable insights that drive performance improvements.
- Innovative and Proactive – A dynamic, self-motivated individual who develops new ideas and challenges the status quo.
- Team-Oriented – Builds strong relationships and fosters collaboration, working well within teams.
- Organized and Detail-Oriented – Efficiently plans and executes tasks with a focus on accuracy and minimal errors.
- Results-Driven – Consistently achieves desired outcomes.
- Proven Problem-Solving Skills – Demonstrated ability to effectively address and resolve challenges.
Qualifications & Experience
Essential Experience
- Strong Academic foundation
- High-achieving school leaver, degree in a relevant subject, or equivalent practical experience.
- Interest in relevant industries
- A genuine interest in sectors such as Oil & Gas, Renewable Energy, or Maritime Industries.
- Basic programming skills
- Exposure to languages such as Python, SQL, or similar (academic or personal projects welcomed).
- Excel skills
- Confident using Excel for data analysis, including formulas, pivot tables, and large datasets.
Desirable Experience
- Technical/analytical background
- Studies or experience in engineering, mathematics, modelling, or a related field.
- Exposure to insurance or financial services
- Any experience in insurance markets or progress towards relevant qualifications is beneficial.
Knowledge of Marine or Energy Insuranc e - Awareness or introductory experience in these areas is helpful but not required.
Experience with industry tools
- Familiarity with any of the following would be an advantage
- Sequel Impact/Exposure Hub (or similar aggregation systems)
- AIR Verisk or RMS Modelling.
- GIS, Mapping Tools, BI Software (e. g. Spatial Key, Power BI)
This job description describes the general nature and level of work performed in this role.
It is not intended to be an exhaustive list of all duties, skills, responsibilities, knowledge, etc.
These may be subject to change and additional functions may be assigned as needed by management. #wspi
Junior Exposure Analyst in London employer: Westfield Insurance
As an Underwriting Assistant in Reinsurance, you will thrive in a dynamic and supportive environment that prioritises employee development and growth. Our company fosters a collaborative work culture where you can build meaningful relationships with brokers and clients while receiving comprehensive training to enhance your underwriting skills. Located in a vibrant area, we offer competitive benefits and a commitment to compliance and excellence, making us an exceptional employer for those seeking a rewarding career in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Exposure Analyst in London
✨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
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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 Westfield Insurance. 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 Junior Exposure Analyst in London
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 Westfield Insurance.
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 Westfield Insurance'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 Westfield Insurance
✨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 Westfield Insurance.
✨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 Westfield Insurance 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 Westfield Insurance 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.