Exposure Management Analyst
Axis, Aldgate, City and County of the City of London
Exposure Management Analyst
Salary Not Specified
Axis, Aldgate, City and County of the City of London
- Full time
- Permanent
- Onsite working
Posted 1 week ago, 8 Nov | Get your application in now before you miss out!
Closing date: Closing date not specified
job Ref: bbc65cc6d7ca4b909e894d4101bbf87c
Full Job Description
The exposure management function contributes significantly to the success of AXIS across all lines of business and interacts with virtually all areas of the company to ensure AXIS maintains an appropriate catastrophe risk strategy.
What will you do in this role?
This role will be expected to contribute to all aspects of exposure management, and you will liaise with underwriters, actuaries and specific EM teams (Nat Cat, Casualty, Cyber, etc) to ensure all exposures are appropriately captured and monitored.
Production of Exposure management MI: Within our team we produce data which is used at all levels of the business. You will be expected to contribute to Group and legal entity reporting by performing analysis and commentary in reporting packs.
Regulatory Reporting: This role will contribute and over time lead significant Exposure management related regulatory returns for AXIS and several of its legal entities. These returns will span Nat Cat and Non-Nat cat so will provide opportunities to work with all members of the EM team. You will feed back developments in regulators requirements to help drive the strategy of the exposure management function.
Development of exposure management tools: AXIS has a number of bespoke and off the shelf EM related tools. You will be expected to help ensure these remain fit for purpose by working with developers or software providers when needed.
Underwriting team support: Where needed this role will contribute to the exposure management strategy of underwriting teams. This will involve creating and monitoring the teams plan from an exposure perspective, and if needed triaging accounts to ensure exposures are priced and captured by the appropriate EM team.
Reinsurance Purchase: The exposure management team contributes heavily to the reinsurance purchase of several lines of business and has worked extensively over recent years to optimise outwards reinsurance structures. This role will be expected to provide relevant MI and analysis when needed.
Internal Model and Model Completeness: You will be expected to ensure Cat feeds to our internal capital model are accurate and work with the team to validate and investigate differences. You will also be expected to consider non-modelled peril regions and how these can be appropriately captured.
Event Response: Where needed you will be expected to assist with event response for Natural and Non-Nat Cat events by providing initial claims estimates to various stakeholders.
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
Working knowledge of Cat modelling software is required with experience of Touchstone preferred.
-Be able to understand and explain standard Cat modelling terms such as PMLs, Exposure, TVaR, YLT, etc.
-Experience in analysing and reporting on PML movements for an underwriting portfolio.
-Able to work quickly to interpret Cat model outputs and generate reporting exhibits accurately using SQL/Excel.
-Able to work autonomously to ensure deadlines are met where needed.
-Previous experience of reporting Nat cat exposures to regulators is preferred but not a necessity.
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
This is your opportunity to join AXIS Capital - a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave