Exposure Management Reporting Analyst

Posted:
10/29/2024, 5:00:00 PM

Location(s):
London, England, United Kingdom ⋅ England, United Kingdom

Experience Level(s):
Senior

Field(s):
Business & Strategy

INTL Exposure Management Reporting Analyst

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

  • Work with the International Aggregation team to ensure timely and accurate reporting
  • Process and analyse information presented and carry out risk analysis of submissons including data quality analysis
  • Contribute to exposure management reporting e.g. LCM/RDS/LIC standard formula returns etc, coordinating with all relevant parts of the business e.g. underwriters and the US exposure management team, to ensure submission of reporting requirements in a timely manner
  • Develop framework and procedure documentation
  • Working with the US exposure management function, contribute to reporting of exposure management data to International underwriters, senior management and relevant Committees
  • Support the reinsurance purchasing process by assisting with relevant exposure data requests

Specifically in respect of non-natural catastrophes

  • Assist the Exposure Management Lead to identify,  develop and produce management information in relation to non-natural catastrophe aggregating risks. This includes Political Violence, Cyber, Liability classes as well as non-natural risks on property lines
  • Assist the Exposure Management Lead  ientify and develop tools and methodologies to measure and control non-natural catastrophe aggregating risks
  • Work closely with the underwriters to provide findings from output
  • Add value to the underwriting process by providing insights into the modelled output and reliability of the results
  • Ensure complete information is maintained in the internal system and provide support for the design and testing of new tools
  • Assist in shaping analytical capabilities (hardware and software, using in-house software and model development)
  • Produce management information and analytical reports for the Specialty classes to enable underwriters to monitor and quantify their exposures, in order to manage their portfolios within risk appetite
  • Assist with the production of Exposure Management returns, both internally and to Lloyds and other external regulators
  • Assist in reviewing and updating scenarios and risk appetites

Projects

  • Provide support to the Exposure Management Lead in assisting the International Chief Risk and Compliance Officer, Chief Underwriting Officer and Chief Insurance Risk Officer, The Hartford Financial Services Group, Inc with all relevant projects relating to exposure management.
  • The PRA and the FCA expect individuals in certain roles to be able to meet a number of conduct standards.  International expects you to be able to meet the conduct standards outlined below:
  • Individual Conduct Standards – you must:
  • Act with integrity (PRA and FCA standard)
  • Act with due skill, care and diligence. (PRA and FCA standard)
  • Be open and cooperative with the FCA, the PRA and other regulators (PRA and FCA standard)
  • Pay due regard to the interests of customers and treat them fairly. (FCA standard)
  • Observe proper standards of market conduct. (FCA standard)

Qualifications and Competencies

  • Knowledge of Exposure Management
  • Experience of catastrophe modelling, risk modelling and loss quantification
  • Understanding of the London Insurance Market and fundamental insurance concepts
  • Knowledge of models and their business applications
  • Candidates must have the technical skills to transform, manipulate and present data 
  • Understanding of large data sets and managing related data
  • Experience of visualization of data using tools such as Excel, Powerpoint, Power BI, Tableau, Qlik etc
  • Experience of developing SQL queries or knowledge of SQL
  • Strong problem-solving skills and attention to detail.
  • Able to use analytical reasoning to investigate problems and provide resolutions
  • Good analytical, organizational and communication skills
  • Ability to build effective relationships and meet tight deadlines

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