Non-Natural Catastrophe Senior Associate at Lloyd's of London

London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

17 May, 26

Salary

0.0

Posted On

16 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Project Management, Stakeholder Management, Critical Review, Analysis, Structuring Information, Numeric Skills, Written English, Technical Explanation, Communication, Technical Credibility, Administrative Skills, Organizational Skills, Prioritization Skills, Collaboration Skills, Risk Management, Exposure Management

Industry

Insurance

Description

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world. Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks. Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us. The Role The purpose of the role is to support the Non-Natural Catastrophe (NNC) Risk Specialist to plan, execute and deliver on NNC projects and initiatives aligned to strategy, and to provide subject-matter expertise regarding non-natural catastrophe risk and its management across the Lloyd’s market, to provide input and informed challenge to the oversight and analytics work done within the wider Exposure Management and Aggregation team. Principal Accountabilities Management and delivery of defined Exposure Management-run strategic projects, which improve Lloyd’s wider understanding and management of NNC risk. Contribute NNC subject matter expertise to wider Lloyd’s (and market) projects and business objectives as and when required. This will include representing Lloyd’s NNC Exposure Management in both internal and external cross-team working groups and forums. Ownership of the operational maintenance and future development of NNC Principle Based Oversight (PBO) materiality and expected maturity calculations. Provide wider training to the Exposure Management Oversight team in NNC exposure management best practice, and play a part in implementing a risk-based framework for the review of syndicates’ View of Risk validation and model change submissions. Support Lloyd’s Exposure Management team in delivering consistent Principles Based Oversight (PBO) for NNC risk, and contribute to the maintenance of Lloyd’s high-level view of market-wide NNC exposure management capabilities. Participate in event response activities for non-natural peril events. Contribute to the cross-team review of new entrants to the Lloyd’s market with predominantly non-natural catastrophe risk profiles. Support the NNC Risk Specialist in responding to ad hoc enquiries from regulators, rating agencies and other external and internal stakeholders. Provide technical input to the enhancement of the data and risk analysis, reporting and evaluation tools used within the EMA team, and the team’s capability to disseminate exposure management information throughout Lloyd’s. Deputise for the Non-Natural Catastrophe Risk Specialist as required. Skills Ability to dynamically manage projects, manage stakeholder expectations and deliver agreed outputs on schedule Ability to objectively and critically review syndicate and team outputs from the perspective of considering market-wide capabilities Ability to analyse, structure and distil information concisely and clearly Numeric/mathematical skills and excellent written English Ability to understand and explain complex technical information effectively to a variety of stakeholders Ability to communicate confidently and demonstrate technical credibility Very strong administrative, organisational and prioritisation skills Proven collaboration skills; ability to work across teams and organisations Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website. We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes. By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems. Should you require any additional support with your application, or any adjustments, please click the following link; https://cleartalents.com/apply/lloyds-msa1645695881 Please note, clicking on this link does not register your application for the vacancy Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect. We will invest in attracting the best talent to Lloyd’s, making sure recruitment is targeted at bringing in the skills we need to evolve. We will develop a talent pipeline that provides us with the key capabilities we will need for the future. To also create a culture in which every employee fulfils their full potential, ensuring that leaders role-model the behaviours we expect in ourselves and others.

Responsibilities

The role supports the Non-Natural Catastrophe (NNC) Risk Specialist by executing NNC projects aligned with strategy and providing subject-matter expertise on NNC risk management across the Lloyd's market. Key duties include managing strategic Exposure Management projects, contributing expertise to various working groups, and owning the maintenance of NNC Principle Based Oversight (PBO) calculations.