Head of Exposure Management

Starr Insurance Companies; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance organization in London seeks an experienced professional to oversee Exposure Management operations. Key tasks include risk management, data analysis, and regulatory compliance, requiring strong analytical and leadership skills. Ideal candidates will have a background in the London insurance market and familiarity with regulatory frameworks.

Benefits

First-class training and development opportunities

Inclusive working environment

Qualifications

• Experience leading an Exposure Management team in a Lloyd’s company.
• Knowledge of FCA/PRA regulatory framework and Solvency II principles.
• Expertise in modelling and statistical techniques.

Responsibilities

• Oversee risk entry by the Exposure Management team.
• Produce analysis and reports for insurance carriers.
• Support underwriters with reinsurance data and analysis.

Skills

Analytical skills

Problem solving

Negotiation

Judgment

Decision making

Advanced numeracy

Professional writing

Presentation skills

Team management

Technical coaching

Education

Experience in Exposure Management

Tools

RMS

SQL

MS Office

GIS

VBA

Job description

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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.

• 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;
• 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
• 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.