Exposure Management Assistant

Starr Underwriting; City Of London; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading insurance organization is seeking an analyst to assist with account pricing and support underwriting teams. The role involves working with raw data and advanced Excel models, requiring strong analytical skills and an understanding of commercial property insurance. Applicants should have a relevant degree and knowledge of the Lloyd's/London market. The company promotes inclusivity and offers extensive training to nurture talent.

Qualifications

• Some knowledge of Commercial Property and/or Onshore Energy Insurance.
• Understanding of the Lloyd's/London Market.
• Good skill level with Microsoft Excel and manipulating/interpreting numbers.

Responsibilities

• Assist in the production of account pricing from manipulating raw data to running appropriate Excel-based RMS models.
• Provide feedback on the quality of analysis and data entry within catastrophe models.
• Support the wider Actuarial team in developing current capital modeling capabilities.

Skills

Analytical skills

Problem-solving

Negotiation skills

Decision making

Advanced numeracy

Education

Relevant degree

Tools

MS Office - Excel

RMS

SQL

Job description

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 feedback to underwriting teams on the quality of analysis to include the accuracy and completeness of data entry into the catastrophe model, pricing assumptions and reliability of the model;
• 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'll 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.