Senior Exposure Management Analyst

TN United Kingdom; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a dedicated individual to join their Modelling Team in London. This role focuses on modelling Catastrophe risk using in-house tools while collaborating closely with underwriters to enhance the underwriting process. The ideal candidate will have a strong analytical background, excellent numeracy skills, and experience in Exposure Management within the reinsurance sector. You will contribute to improving analytical capabilities, support junior modellers, and engage in project-based work to streamline processes. Join a vibrant and supportive team where your contributions will make a significant impact on the company's success.

Qualifications

• 3-5 years experience in Exposure Management within reinsurance.
• Strong analytical skills with large data sets and software proficiency.

Responsibilities

• Analyze account metrics and provide insights to underwriters.
• Support junior team members and assist in monthly portfolio analysis.

Skills

Exposure Management

Numerical Analysis

SQL

Microsoft Excel

Analytical Skills

Communication Skills

R

Power BI

Python

Education

University degree in numerical or business-related field

Professional insurance qualification (ACII, AIC, CPCU)

Tools

Touchstone (Re)

TigerEye

RMS

Job description

Purpose

The primary purpose of the role is to work with the Modelling Team to model Catastrophe risk, utilising the current in-house tools. The candidate will report global exposures across all lines of business to the Underwriters and facilitate technical pricing, loss estimation, and interpretation. Main tasks include detailed modelling of technical Property Catastrophe Treaty, Retro, and ILW accounts; assisting and training junior modellers; contributing to roll-up processes and reporting. In addition to analytical skills, the successful applicant must have a demonstrated ability to fit into a fun but hard-working culture and maintain a positive attitude and drive to ensure team success.

Key Responsibilities

• Work closely with underwriters to probabilistically analyse account metrics and add value to the underwriting process by providing insights into the modelled output and reliability of the results.
• Demonstrate an understanding and proficient use of in-house tools within relevant software (Excel / Touchstone (Re) / TigerEye / HX).
• Assist in shaping analytical capabilities across the team (hardware and software, using in-house software and model development).
• Provide support to more junior team members including peer review of work.
• Assist in monthly portfolio roll-up tasks and analysis.
• Assist with Lloyd’s returns and other outwards reporting.
• Contribute strongly and lead on project-based work to improve processes and keep data up to date.
• Use SQL queries to retrieve and update modelling information as required.
• Ensure complete information is maintained in the internal system, provide support for the design and testing of new tools.
• Perform ad hoc duties and/or projects as required.

Skills, Knowledge, and Expertise

• Three to five years’ experience (minimum) within Exposure Management, particularly within the reinsurance industry.
• University degree in a numerical, geographical, or business-related field and/or professional insurance qualification (ACII, AIC, CPCU).
• Excellent numeracy and analytical skills with experience in handling, manipulating, and analysing large data sets.
• A high level of computer literacy, with strong knowledge of Microsoft Excel, modelling software (e.g., Touchstone (Re), RMS), and SQL. Experience in R, Power BI, or Python is helpful.
• An interest and understanding of the key principles and complexities of catastrophe insurance, loss modelling, and aggregation.
• Strong work ethic and ability to occasionally work extended hours as required to meet business needs.
• Excellent communication skills (written and verbal) and interpersonal skills.
• Demonstrable ability to work well under pressure with keen attention to detail, and effectively manage time, deadlines, and conflicting priorities.
• A willingness to work in a team as well as under own initiative, and get involved in a wide variety of tasks as required.
• Good knowledge of TigerEye (preferable) or layer pricing software.

The Lancashire Way

At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners, and stakeholders. Honesty and integrity are fundamental, and The Lancashire Way reflects our character and spirit.

Straight-talking

We feel empowered to share thoughts and ideas because everyone’s voice matters.

We work together towards common goals, share knowledge, and support each other.

Hard-working

We all have a stake in the company’s success and are proactive in contributing to our goals and vision.

Responsible

We focus on achieving tangible results with consistent standards across the Group.

Positive

We engage with brokers, clients, communities, stakeholders, and colleagues professionally and passionately as proud ambassadors of Lancashire.

Lancashire is a provider of global specialty insurance and reinsurance products operating in Bermuda, London, the U.S., and Australia, across three delivery platforms: rated company, Lloyd’s, and collateralized security.

Our focus is on short-tail, specialty (re)insurance risks within four segments: Property and casualty, aviation, energy, marine, and specialty.