Exposure Management - Property and Treaty Lead (12 month FTC - Mat cover)

Exposure Management - Property and Treaty Lead

Supervisory responsibilities Senior Analysts and Analysts for managed classes

Job summary

This is an FTC role to provide Maternity leave cover for the Property and Treaty Lead role within Chaucer’s Exposure Management Team, across all Property and Treaty business. This role includes the line management and development of the Senior Analysts and Analysts across all Property and Treaty classes, in addition to the supervision of any external outsourced resources. The job holder requires an in-depth knowledge of catastrophe modelling and exposure management. The role includes dynamic interaction with the Property and Treaty Underwriters in providing them with an accurate view of their portfolio as well as with insightful analytics to support their strategy. The Property and Treaty Lead is responsible for ensuring that the exposure information used for the monthly roll ups and reporting is captured fully and accurately in the appropriate systems. The Property and Treaty Lead is responsible for the overall account modelling for underwriting and

pricing using internal and external modelling platforms, analysing, and explaining modelled results,

monitoring aggregate usage, and maintaining a complete and accurate portfolio of accounts.

In addition, this role requires working with underwriters and alongside the central exposure management team to assist in setting, monitoring and reporting on relevant internal and external appetites.

Working in conjunction with the Portfolio Manager to implement any new appetites as required.

The Property and Treaty Lead duties include implementing automation and identifying efficiencies for operational improvement, providing training to modellers / outsourcing team and any other ad hoc activities associated with the strategic aims of the Exposure Management Team. Working in conjunction with the Portfolio Manager, Specialty Lead and Emerging Risk Lead to ensure consistency and efficiencies across all classes.

Main duties

• Oversee the utilisation of various catastrophe modelling platforms to process, model and analyse aggregate and detailed exposure data
• Oversee the provision of analysis and insight into the model outputs to underwriters at both an account and portfolio level including the creation of pro forma modelling information to support the business plan
• Oversee the monitoring of portfolios against risk appetite measures
• Oversee the maintenance of the in-force Property and Treaty portfolio and ensuring the completeness and accuracy of the data and results
• Oversee the process for providing modelling information to outwards reinsurers for classes under the role’s remit.
• Work closely with Underwriting Management (Divisional Heads) to understand their priorities and manage their expectations accordingly and support any growth strategies
• Provide management, training and development of exposure analysts
• In conjunction with the Portfolio Manager, work closely with the R&D team to prioritise and contribute to the validation for both internal and externally licensed catastrophe models

Additional Responsibilities

• Participating in the wider activities of the Exposure Management Team
• From time to time, taking part in relevant projects throughout the wider business
• Keeping up-to-date with new science and technological developments in the Catastrophe Management field
• Performing other related duties to meet the on-going needs of the organisation

Skills, Knowledge and Experience

Essential

• Experienced Property catastrophe modeller
• Team management experience

Technical Skills

Essential

• Excellent numeracy skills with a good understanding of probability and statistics
• High level understanding of insurance and reinsurance financial terms
• Microsoft Excel and MS SQL
• High level of understanding of the statistical methodologies underlying catastrophe models
• A comprehensive understanding of Risklink

Desirable

• Knowledge of GIS and/or other mapping software
• Knowledge of or interest in programming languages, including R and Python

Qualifications

Desirable

• Educated to degree level preferred but not essential for an excellent candidate
• Other relevant professional qualifications such as ACII, CRM or CCRA

Personal Skills

• Excellent organisational skills and able to meet deadlines and objectives
• Positive, proactive and self-motivating
• Excellent analytical skills and logically minded
• Team player with supervisory skills
• Excellent communications skills; able to present complex information clearly and concisely
• Influencing skills with the ability to build effective relationships

ABOUT US

Chaucer is a leading insurance group at Lloyd’s, the world’s specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups.

Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website.

Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). 

A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment.

We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.