Ogden Scott are working in partnership with a London Market insurance group who are seeking an Exposure Management Analyst.
The role is offered on a permanent basis and will involve analysing portfolio exposures using a variety of vendor and internal models working helping to develop and set up processes and systems within a new and growing syndicate.
The role is offered on a hybrid basis.
· To support the underwriters by providing exposure reports, manipulating exposure data with efficient portfolio management and variance analysis
· To run and monitor Exceedance Probability (EP) and internal aggregate model outputs
· Assist with managing the data flow process which will include liaising with underwriting units for data requirements with involvement in post-event loss analysis.
· Involvement in the regular internal and external syndicate reporting which includes, quarterly preparation of RDS loss estimates and combined Exceedance Probability numbers for Lloyd’s, Class of Business EP, and aggregate reporting
· The use and development of internal proprietary models and provide input into future model developments
· Ad hoc reporting and involvement in projects to continue and expand the development of the Exposure Management
Experience & Skills:
· Relevant industry experience, preferably some of which has been gained within a Lloyd’s Managing Agency Exposure Management team or catastrophe team
· A high level of computer literacy, with working knowledge and experience of Microsoft applications such as excel, access (essential), RMS and SQL (desired).
· An interest and understanding of the key principles and complexities of catastrophe insurance, loss modelling and aggregation - experience in Property Treaty (desired)
· The successful candidate will be required to get involved in a wide variety of tasks as and when required; and excellent communication skills both internally within the company, and externally.
· To have the ability and personality to work as part of a team as well as the ability to work under their own initiative