Casualty and Exposure Management Lead

Employer
Eames Consulting
Location
City of London, London, England
Salary
Up to £100000 per annum + + Bonus
Closing date
15 Dec 2021
Reference
TK165

View more

Sector
General insurance
Salary Band
£120-139K
Contract Type
Permanent
Hours
Full Time
Experience/Function
Qualified (executive), Qualified
You need to sign in or create an account to save a job.

Job Title: Casualty Risk Exposure Management Lead

Location: London

Salary: Up to £100,000 p/a + annual bonus

This role is resposible for the assessment and managwement of underwriting risk. Underwriting risks include amongs others, natural catastrophe, war/terror, offshore energy, casualty and financial risk. The risk management team also supports the exposure management activities of the Cyber Cell and is responsible for Outwards Reinsurance buying.

This role will be key in furthering the development of our Casualty risk management capabilities across Global markets. This is therefore a great opportunity to get involved at the early stages to develop key skills in a new and upcoming area that will continue to grow across the insurance market in years to come.

Key Responsibilities:

  • Lead the development of Casualty risk exposure management capabilities across Global accounts.
  • Establish an exposure management framework for Casualty risk and develop tools and techniques that are appropriate for Casualty risk assessment. This includes enhancing the framework for selecting and parameterising scenarios and the assessment and development of Casualty CAT models.
  • Develop and monitor suitable risk metrics to measure and control risk appetite for Casualty risk
  • Set robust and consistent data standards across all Casualty lines of business and develop efficient data collection and reporting processes, including the assessment of external data augmentation tools.
  • Build out analytics and help develop new approaches to manage relevant emerging risks
  • Communicate and report risk exposures clearly to ensure that our risks are well understood by all relevant stakeholders
  • Ensure compliance with regulatory requirements
  • Meet internal committee and working group reporting requirements
  • Engage in external working groups and manage relationships with model vendors, external consultants and broker
  • Assist the Casualty Risk Actuary to inform underwriting strategy and business planning, including assisting with the integration of Casualty CAT risk assessment into capital modelling and reserving processes
  • Work with the Casualty Risk Actuary and Outwards Reinsurance team to optimise Casualty reinsurance buying strategy

Skills and Experience:

  • Extensive experience working in either the exposure management or actuarial field. Prior working experience in Casualty lines is a benefit
  • Robust understanding of types of coverages provided by different Casualty products and interest in developing a good understanding of the legal environment
  • Strong analytical mind-set and attention to detail
  • Prior modelling experience, either from an actuarial or exposure management background, including having a good understanding of capital modelling
  • Ability to work within cross-functional teams and to create strong working relationships across many departments and offices
  • Confident communicator with an ability to clearly explain new concepts and uncertainties in risk measures
  • Ability to take initiative and exhibit reliable decision-making skills

For further information on this opportunity, please email: thomas.knights@eamesconsulting.com

Eames Consulting is acting as an Employment Agency in relation to this vacancy.

Apply for Casualty and Exposure Management Lead

Fields marked with an asterisk (*) are required

Your file must be a .doc, .pdf, .docx, or .rtf. No larger than 1MB
Selected file:
Your communication preferences

When you apply for a job we will send your application to the named employer, who may contact you. By applying for a job listed on TheActuaryJobs.com you agree to our terms and conditions and privacy policy. You should never be required to provide bank account details. If you are, please contact us. All emails will contain a link in the footer to enable you to unsubscribe at any time.

You need to sign in or create an account to save a job.

Get job alerts

Create a job alert and receive personalised job recommendations straight to your inbox.

Create alert

Similar Jobs