Parametric Insurance Advisor

Authority.inc; United States; Remote; USD 222,000 - 407,000; Full time

Job summary

Authority invites an experienced insurance professional to advise on parametric insurance products for business customers. You will guide risk selection, trigger design, data sources, pricing and basis risk while addressing regulatory and distribution considerations.

This is an independent consulting engagement, remote within the United Kingdom, with flexible scheduling and 2–4 paid hours per month. Ideal candidates have 5+ years in insurance and active involvement in the UK market, plus a

Qualifications

• At least 5 years of relevant insurance experience.
• Currently operating in or closely involved with the United Kingdom insurance market.
• Up-to-date knowledge of local customers, regulation and market conditions.
• Firsthand experience with insurance product, underwriting, claims, brokerage or distribution decisions.
• A valid LinkedIn profile showing relevant professional experience.

Responsibilities

• Advise on parametric insurance opportunities and suitable risk trigger designs.
• Provide guidance on data sources, pricing considerations and basis risk.
• Assess capacity, reinsurance and risk transfer implications.
• Support policy wording, regulatory considerations and customer communication.
• Assist in distribution strategies through brokers, MGAs, carriers and platforms.

Skills

Parametric insurance

Insurance advisory

UK insurance market

Underwriting

Pricing

Regulation

Job description

Authority is developing insurance-focused products, intelligence and advisory offerings for businesses. We are looking for a professional who is currently active in the United Kingdom and has direct parametric insurance experience to advise us as we develop and evaluate these offerings.

You will provide practical guidance on suitable risks, trigger design, data sources, pricing, basis risk, capacity, distribution and customer adoption.

What you will advise us on

• Commercial use cases for parametric insurance
• Trigger and payout structure design
• Data quality, independence and verification
• Basis risk and customer suitability
• Underwriting and pricing considerations
• Capacity, reinsurance and risk transfer
• Policy wording, regulation and customer communication
• Distribution through brokers, MGAs, carriers and technology platforms
• Parametric products covering operational, supply-chain, cyber, energy or other measurable commercial risks

Requirements

• At least 5 years of relevant insurance experience
• Currently operating in or closely involved with the the United Kingdom insurance market
• Up-to-date knowledge of local customers, regulation and market conditions
• Firsthand experience with insurance product, underwriting, claims, brokerage or distribution decisions
• A valid LinkedIn profile showing relevant professional experience

Engagement details

• Independent consulting contract
• Remote within the United Kingdom
• Approximately 2 to 4 paid consulting hours per month
• Flexible scheduling

This is not a full-time position or a sales role. Advisors provide independent industry guidance and do not bind coverage or provide regulated advice on Authority's behalf.

About Authority

Authority develops industry intelligence, data products and advisory offerings designed to help organizations make better strategic decisions.