Head of Exposure Management

Starr Companies; City Of London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading insurance organization, Starr Companies, is seeking a Head of Exposure Management to oversee risk entry and analysis in London. The candidate will manage relationships with the Lloyd's Exposure Management team, produce regulatory filings, and develop capabilities in understanding exposures, including Cyber risk. This is a senior role requiring significant experience and analytical skills in the insurance market.

Benefits

First class training and development opportunities

Qualifications

• Experience of leading an Exposure Management team in a Lloyd’s/London market company.
• Working knowledge of Lloyd’s minimum standards; FCA/PRA regulatory framework; Modelling and statistical techniques; Pricing/Rating tools; and Solvency II principles.

Responsibilities

• Overseeing of the timely, accurate and complete risk entry by the Exposure Management team in London.
• Production of analysis of exposure management reports including the Exposure Management Committee pack.
• Produce and submit regulatory filings to Lloyd’s and PRA as required.

Skills

Analytical and problem solving skills

Negotiation, judgment and decision making ability

Business development

Advanced numeracy

Professional business writing and presentation skills

Team and individual management skills

Technical coaching/training skills

Tools

MS Office – Excel

RMS

SQL

Salesforce

Job description

Head of Exposure Management page is loaded

Head of Exposure Management

Apply locations 30 Fenchurch Avenue, London, UK time type Full time posted on Posted 30+ Days Ago job requisition id JR2590

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 & Responsibilities

• Overseeing of the timely, accurate and complete risk entry by the Exposure Management team in London and Starr’s European offices;
• Monthly roll up of exposures for the London insurance carriers using RMS;
• Production of analysis of exposure management reports including the Exposure Management Committee pack;
• Produce and submit regulatory filings to Lloyd’s and PRA as required, including the RDS, LCM Forecast return; SBF War NCBR data return; Catastrophe-Risk Sensitivity Test; LCM/LCR Analysis of Change Return etc;
• Working with Starr Group to provide modelling and analysis support for Starr Bermuda;
• Manage and develop the relationship with Lloyd’s Exposure Management team;
• Development of determining exposures in non-modelled areas;
• Development of capabilities in understanding man made exposures including Cyber risk;
• Support Underwriters in the renewal of reinsurance by producing CAT data and analysis in order to inform decision making on reinsurance pricing;
• Maintenance of all exposure management process documentation;
• Develop and produce the exposure management exhibits and narrative for the quarterly ORSA dashboards and annual reports;
• Support the Capital model process by providing CAT data from RMS and parameterization for nat-cat and man-made cat with appropriate underwriting teams;
• 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;
• Assist with the analysis of merger and acquisition opportunities that are presented to the business when required;

Experience

• Experience of leading an Exposure Management team in a Lloyd’s/London market company;
• Working knowledge of Lloyd’s minimum standards; FCA/PRA regulatory framework; Modelling and statistical techniques; Pricing/Rating tools; and Solvency II principles.

Skills

• Analytical and problem solving skills;
• Negotiation, judgment and decision making ability;
• Business development;
• Advanced numeracy;
• Professional business writing and presentation skills;
• Team and individual management skills and practices; and
• Technical coaching/training skills.

Systems & IT

• MS Office – Excel, Word and Outlook;
• RMS;
• SQL (Advanced);
• Other programming languages
• Eclipse Underwriting System
• Salesforce
• Statutory Reporting Tools
• GIS; and
• VBA.

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.

About Us

Starr Insurance is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce.