Risk Optimisation, Catastrophe Analytics – Reinsurance
The Portfolio Optimisation (PO) function creates a competitive advantage through industry-leading decision making enabled by comprehensive data and cross-functional analytics. This position is a senior role within the Risk Optimisation team which comprises of Catastrophe Analytics, Exposure and Capital Modelling.
You will take ownership of reinsurance catastrophe modelling analytics and ensure timely and high-quality catastrophe modelling output through managing our third-party modelling team. In addition, you will work closely together with other reinsurance experts across pricing, planning, ceded reinsurance, capital, constantly evolving our market leading tooling and analytics.
Active engagement and building strong relationships with underwriting will be key, resulting in increased transparency and confidence in the analytics provided. Finally, you will be an important and active mentor to junior modellers in your team.
Key Responsibilities
- Influence and contribute to PO strategic goals within Reinsurance through working collaboratively across PO.
- Provide leadership within catastrophe modelling across change management, analytics, model evaluation and vendor relationships.
- Manage partnership with the third-party modelling team to ensure accurate and timely completion of reporting, including pre- and post-bind, ceded and external requirements. Furthermore, provide guidance and continuous improvement of processes.
- Nurture excellent relationships with underwriters, focused at providing superior service and reliable intelligence.
- Coach and mentor junior team members, helping them excel in their day-to-day work and stimulate learning.
- Support regulatory reporting, ceded reinsurance, risk management and business planning requirements.
- Proactively progress and influence ongoing projects within PO.
- Support specialty reinsurance and casualty reinsurance modelling as and when required.
Skills Knowledge and Expertise
- Demonstrate robust experience in the field of catastrophe modelling, with a focus on reinsurance.
- Expert knowledge and user of DFA tools, third-party cat models and back tables within reinsurance.
- Effective communication and influencing skills across a wide variety of stakeholders across the business.
- Collaborative in nature with a passion for mentoring and helping other team members thrive.
- Efficient and organised, with a mindset for continuous improvement.
- Coding skills in SQL/R/ Python or other, would be advantageous.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- 10 days of help with care (elder/ childcare) through Bright Horizons
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
About Convex Insurance
In 2019, Stephen Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company has since received an A.M. Best rating of A (Excellent) and regulatory approval to operate in London, Bermuda, Luxembourg and United States.
We have also welcomed leaders in their fields from across the insurance industry, bringing a diversity of thought and approach.
We live our values in every facet of our business:
Earn our reputation
Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.
Straightforward and fair
We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.
Determined to improve
However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.
Inspired by opportunity
We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.
Enjoy being different
We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.
