Senior Exposure Management Analyst

WR Berkley; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global insurance company based in London is seeking an experienced catastrophe pricing analyst to manage pricing analysis and reporting. The ideal candidate will have strong analytical skills, proficiency in RMS Risklink, and a deep understanding of the London insurance market. Responsibilities include training junior analysts and leading automation initiatives in exposure management.

Qualifications

• Degree in a physical science or similar required.
• Excellent knowledge of the London (re)insurance market.
• Proficient in RMS Risklink and treaty accounts modelling.
• Strong communication skills necessary.
• Ability to multitask during busy periods.

Responsibilities

• Manage catastrophe pricing analysis for BRUK/BREA.
• Produce exposure reports for portfolios.
• Collaborate with underwriting teams.
• Lead automation initiatives for exposure management.
• Train junior analysts in reinsurance modelling.

Skills

Knowledge of London (re)insurance market

Data analysis

Communication skills

Excel expertise

SQL/coding experience

Critical thinking

Education

Degree in physical science or numerate subject

Tools

RMS Risklink

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.