Exposure Management Analyst at Ascot Group

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

05 Jun, 26

Salary

0.0

Posted On

07 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Data Management, Reporting, Catastrophe Modelling, Exposure Analysis, Underwriting Support, Data Capture, Risk Analysis, Third Party Data Provision, Model Validation, Research, Microsoft Office, Excel, SQL, AIR, RMS

Industry

Insurance

Description

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way. The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric. Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline. Job Purpose: To analyse and report the syndicate’s exposure and cat modelled capacity for natural catastrophes, terrorism and casualty within the limits defined by the business plan and senior committees. This also includes working closely with underwriting teams to support decision making in the direct portfolios. This position provides an excellent opportunity for the candidate to contribute to the catastrophe modelling function within an insurance operation, to support on analytics and future workflow plans. Detailed Duties: Data Management * Maintain modelled and non-modelled databases to ensure: * Timely and accurate capture of all data * Timely and accurate reporting of worldwide Syndicate modelled losses and exposure. * Liaise with Exposure Management team to report on accuracy and timeliness of data capture. Outsourcers * Monitor and liaise with the Polo Works team responsible for data entry to ensure that: * All required data is recorded in an accurate fashion and completed by the monthly cut off. * Arrange and manage the pre-risk process regarding natural catastrophe modelling performed by Polo Works. Monitoring & Internal Reporting * Pre-risk analysis of key accounts * Weekly reporting – review of weekly movement and utilisations of aggregation limits * Assist in the reporting and publication of the EM team monthly sign off process Data Provision * Provide comprehensive, complete, timely and audited/reconciled data extracts to external third parties (e.g. reinsurers) as required * Meetings with reinsurers to discuss results and the analysis conducted Proactive Research * To advise, assist and also lead research into new cat modelling systems and procedures as the need arises. * Assist with validation of licensing new cat models * To read and summarise any Lloyds, PRA or industry paper issued in respect of: * Amendments to RDS scenarios * Alterations in regulations/byelaws relating to exposure management/cat modelling * Updates to market methodologies or approaches to cat * Assist the Exposure Manager in ad-hoc projects (e.g testing/enhancements to new systems/procedures) * Keeping up-to-date with technological developments applicable to our field Skills, Knowledge & Experience * Educated to at least degree level in a relevant scientific/numerate subject. * Competent user of Microsoft Office products (particularly Excel) * Basic programming skills favourable (Particularly SQL) * Experience of AIR / RMS favourable * Timely and organised * Good communicator Please be aware that Ascot Group’s job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses, if you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy. We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group. #LI-Hybrid

Responsibilities

The role involves analyzing and reporting the syndicate's exposure and catastrophe modeled capacity for natural catastrophes, terrorism, and casualty, ensuring alignment with the business plan and supporting underwriting decision-making. Key duties include maintaining modeled and non-modeled databases, liaising with outsourcing teams for data entry, and providing comprehensive data extracts to external third parties like reinsurers.