Analyst - Insurance Risk / Exposure Management

  • Job Reference: TMCAnal
  • Date Posted: 22 June 2022
  • Recruiter: Massenhove Recruitment
  • Location: London / Work from home
  • Remote Working: 100% remote working possible
  • Salary: On Application
  • Sector: Analytical, Actuarial, MI
  • Job Type: Permanent
  • Contact: Tony Martin
  • Email: tmartin@massenhove.co.uk
  • Telephone: 0333 121 8000

Job Description

Job Title - Analyst - Insurance / Risk / Exposure Management

Job Market - Insurance Risk Analysis

Job Location - London / Work from home

 

Analyst - Insurance Exposure Management - About the role

This is a Specialty Analyst position based in the Exposure Management function, initially focusing on the Marine class of business and broadening into other Specialty classes such as Energy, Political & Credit Risk and Nuclear.

Analyst - Insurance Exposure Management - Key duties

The role is to provide risk modelling services to the underwriting function through the data management of exposures. Exposures will need to be captured, cleansed and imported into the various Exposure Management tools, in order to model and monitor the results against the company’s risk appetite. The Analyst will be responsible for ensuring the completeness and accuracy of the data and subsequent analytics. In addition to supporting the underwriting division, the Analyst will help develop and enhance processes to manage the exposures of the Specialty classes and report accumulations into various committees and regulators.

Interpret slip terms and conditions, identifying and capturing the exposures into a data format suitable for the catastrophe modelling and aggregation systems

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

Validate and maintain tools that can be used to assist in the evaluation of Specialty classes

Assist with the production of Exposure Management returns, both internally and to Lloyds and other external regulators

Analyst - Insurance Exposure Management - Key requirements

Highly numerate evidenced within education or experience

Advanced use of Microsoft Excel

Knowledge of other Microsoft Office products

SQL advantageous

Experience in risk modelling and loss quantification

Knowledge of Exposure Management

Understanding of the London Insurance Market and fundamental insurance concepts

Experience of RMS Risklink / Sequel Impact advantageous