At a Glance
- Tasks: Support M&E processes and collaborate across teams to optimise portfolio performance.
- Company: Join a leading firm in the Energy sector with a focus on innovation.
- Benefits: Gain valuable experience, competitive pay, and opportunities for professional growth.
- Other info: Work in a collaborative environment with excellent career advancement potential.
- Why this job: Make an impact in the dynamic fields of Oil & Gas and Renewable Energy.
- Qualifications: Strong academic background and interest in relevant industries required.
The predicted salary is between 60000 - 70089 Β£ per year.
Job Description
- Support M&E aggregate and CAT processes β Assist with accurate end-to-end exposure and catastrophe-modelling capture across all Energy Classes.
- Maintain accurate documentation β Keep all process, methodology, and modelling documentation current and precise.
- Act as a cross-team liaison β Coordinate between Underwriting, CAT Modelling, and Exposure Management teams.
- Prepare reporting materials β Support the creation of roll-ups, committee packs, exhibits, and event response analysis.
- Conduct aggregate checks β Assess marginal account impacts against M&E metrics, tolerances, and portfolio constraints.
- Contribute to portfolio optimisation β Work with Exposure Management to enhance portfolio performance and risk balance.
- Validate model outputs β Review and confirm modelled loss results for accuracy, consistency, and alignment with underwriting assumptions.
- Drive process efficiencies β Improve data-capture, validation, and reporting workflows.
- Support regulatory returns β Assist with submissions related to M&E for Lloydβs.
- Produce committee exhibits β Support preparation of materials for governance and oversight committees.
- Represent the business externally β Attend market forums, industry bodies, and conferences on behalf of Westfield.
- Maintain industry awareness β Stay informed on developments in M&E insurance, Oil & Gas, and Renewable Energy.
- Effective Communication β Strong oral and written communication skills.
- Analytical Thinking β Utilizes data and analytics to generate actionable insights that drive performance improvements.
- Innovative and Proactive β A dynamic, self-motivated individual who develops new ideas and challenges the status quo.
- Team-Oriented β Builds strong relationships and fosters collaboration, working well within teams.
- Organized and Detail-Oriented β Efficiently plans and executes tasks with a focus on accuracy and minimal errors.
- Results-Driven β Consistently achieves desired outcomes.
- Proven Problem-Solving Skills β Demonstrated ability to effectively address and resolve challenges.
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.
- 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 Insurance - 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)
- Key Accountabilities & Role Requirements
- Support M&E aggregate and CAT processes β Assist with accurate end-to-end exposure and catastrophe-modelling capture across all Energy Classes.
- Maintain accurate documentation β Keep all process, methodology, and modelling documentation current and precise.
- Act as a cross-team liaison β Coordinate between Underwriting, CAT Modelling, and Exposure Management teams.
- Prepare reporting materials β Support the creation of roll-ups, committee packs, exhibits, and event response analysis.
- Conduct aggregate checks β Assess marginal account impacts against M&E metrics, tolerances, and portfolio constraints.
- Contribute to portfolio optimisation β Work with Exposure Management to enhance portfolio performance and risk balance.
- Validate model outputs β Review and confirm modelled loss results for accuracy, consistency, and alignment with underwriting assumptions.
- Drive process efficiencies β Improve data-capture, validation, and reporting workflows.
- Support regulatory returns β Assist with submissions related to M&E for Lloydβs.
- Produce committee exhibits β Support preparation of materials for governance and oversight committees.
- Represent the business externally β Attend market forums, industry bodies, and conferences on behalf of Westfield.
- Maintain industry awareness β Stay informed on developments in M&E insurance, Oil & Gas, and Renewable Energy.
Skills & Competencies Required
- Effective Communication β Strong oral and written communication skills.
- Analytical Thinking β Utilizes data and analytics to generate actionable insights that drive performance improvements.
- Innovative and Proactive β A dynamic, self-motivated individual who develops new ideas and challenges the status quo.
- Team-Oriented β Builds strong relationships and fosters collaboration, working well within teams.
- Organized and Detail-Oriented β Efficiently plans and executes tasks with a focus on accuracy and minimal errors.
- Results-Driven β Consistently achieves desired outcomes.
- Proven Problem-Solving Skills β Demonstrated ability to effectively address and resolve challenges.
Qualifications & 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 Insurance - 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
- Equal Opportunity Employer
- United
States: All applicants receive consideration for employment without regard to race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, or status as a protected veteran.
United
Kingdom: Westfield is committed to equality of opportunity for all staff and applications from individuals are encouraged regardless of age, disability, sex, gender reassignment, sexual orientation, pregnancy and maternity, race, religion or belief and marriage and civil partnerships.
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Junior Exposure Analyst employer: Westfield Specialty International
Westfield is an exceptional employer that fosters a collaborative and innovative work culture, particularly for the Junior Exposure Analyst role. With a strong commitment to employee growth, you will have access to continuous learning opportunities in the dynamic sectors of Oil & Gas and Renewable Energy, all while working in a supportive environment that values diversity and inclusion. Located in a vibrant area, Westfield also offers unique advantages such as participation in industry forums and conferences, enhancing both your professional network and industry awareness.
Contact Details:
Westfield Specialty International Recruitment Team