Senior Exposure Management Analyst

W. R. Berkley Corporation; Greater London; On-site; GBP 100,000 - 125,000; Full time

Job summary

A leading reinsurance firm in Greater London seeks a professional for catastrophe pricing analysis. Responsibilities include managing pricing analysis, producing exposure reports, and contributing to regulatory returns. Ideal candidates have a degree in a numerate subject and strong analytical skills, with proficiency in RMS and Excel. This role requires excellent communication and the ability to work in a diverse team environment.

Qualifications

• Strong critical thinker who can interrogate data and challenge when required.
• Accurate and numerate with strong attention to detail.
• Able to work within and promote a diverse and inclusive culture.

Responsibilities

• Manage day-to-day catastrophe pricing analysis and support underwriters.
• Produce exposure reports for BRUK and BREA live portfolios.
• Contribute to producing external regulatory returns for all entities.

Skills

Excellent working knowledge of the London (re)insurance market

Strong Excel skills

Good communication skills

Proficient user of RMS Risklink

SQL/coding experience

Education

Degree in physical science or numerate subject

Job description

Responsibilities

Individual responsibilities to BRUK/BREA will include:

• Managing day-to-day catastrophe pricing analysis performed both in-house and through Moody’s analytics including value add support to the underwriters ensuring that all risks are modelled in a timely and accurate manner.
• Produce exposure reports for the roll-up of the BRUK and BREA live portfolios including movements and trends monitoring against a Risk Appetite framework.
• Reporting of accurate and complete data for retro reinsurance placements.
• Monitor and manage the exposures in specific areas on both a regular and ad-hoc basis. In particular providing exposure information following a catastrophe and assisting in reporting the potential loss.
• Work closely with the underwriting teams, actuaries and WRBC to deliver comprehensive and focused insights to underwriters, actuarial and WRBC.
• Lead initiatives to automate portfolio rollups and streamline exposure management processes for BRUK including integration into wider BRUK tools.
• Manage corporate returns and support regulatory reporting for BRUK, BREA, and Berkley Europe. As part of the central Exposure Management team there is an expectation to:
• Contribute to development of a view of risk for all entities that reflects the current view of risk for each line of business including back testing.
• Contribute to producing external regulatory returns for all entities.
• Support deep dive reviews and analysis for Syndicate 1967 committee requirements.
• Contribute and follow the company’s Exposure Management Principles and team procedures and assist others in doing so.
• Provide training and workflow management of junior analysts to assist in reinsurance modelling and other areas of catastrophe modelling.
• Manage or contribute to various ad hoc exposure management projects such as model validation and emerging risk analysis.
• Stay abreast of exposure management best practice and emerging trends.
• Ad hoc reporting requests from the businesses.
• Peer review of other team members work
• Assisting other members of the team and the Head of Exposure Management to complete internal and external reporting requirements. Shared with the rest of the Expsosure Management Team.

Qualifications

• A degree in physical science or a numerate subject is desired.
• Excellent working knowledge of the London (re)insurance market and International property treaty business.
• Proficient user of RMS Risklink and modelling of treaty accounts.
• Good communication skills, both verbal and written.
• Must be able to respond positively during busy periods through multi-tasking and effective prioritisation against needs of business.
• Must be a strong critical thinker who can interrogate the data to ensure it makes sense and challenge when required.
• Accurate and numerate, with strong attention to detail.
• Strong Excel skills and SQL/coding experience desirable.
• Able to work on own and within a collegiate environment and commit to team goals.
• Ability to work within and promote a diverse and inclusive culture.
• Demonstrate a hands on, proactive arroach to deliver on detailed individual tasks, but also to take the overview/strategic position and deliver for the long term.