Head of Catastrophe Risk & Research in London | XING Jobs

Hiscox Inc.

Head of Catastrophe Risk & Research in London | XING Jobs

Salary Not Specified

Hiscox Inc., City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted today, 21 Sep | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: a3cb51e14cc9418f8e24d871e048e4e7

Full Job Description

In this role you will be leading the Hiscox Re & ILS Catastrophe Risk team. You will define strategy and implement industry leading catastrophe modelling, analytics and research practices. You will lead a team responsible for natural catastrophe & terror modelling, pricing, exposure management, model validation and research. What you'll be doing in the role

  • Lead a global team focused on Catastrophe Risk & Research
  • Work with the Risk Leadership team to define our vision, goals and strategy.
  • Manage, mentor and develop members of the team.
  • Lead research projects on catastrophe risk. This will include:
  • + defining and implementing the Hiscox View of Risk + validation of catastrophe vendor models, + leading research on catastrophe frequency and severity on specific regions and perils. + Co-ordinating research projects and specific project work with reinsurance underwriting teams, Hiscox Group Head of Catastrophe Research and other Hiscox business unit catastrophe managers.
  • Present externally to Third Party Capital partners, confidently articulating our catastrophe management and View of Risk.
  • Represent Hiscox Re & ILS at Industry events
  • Provide thought leadership on topics relating to climate change and seasonal variability.
  • Represent the Hiscox Re & ILS internally to risk committees and exposure management groups.
  • Own scientific and portfolio insight on active cat events, and communicate this to Re Exec and Group
  • Support the Head of Catastrophe Analytics to:
  • + Deliver high quality, deal level catastrophe and exposure management and pricing analysis to front line underwriting teams to enable pricing and underwriting decisions. + Improve and evolve the processes and analytical tools used by the team. + Provide leadership and direction for technology initiatives related to the pricing platform and exposure management.
  • Support the Portfolio Management team to:
  • + Ensure accurate and timely reporting of catastrophe risk to senior management, Group teams, regulators and other stakeholders as required.

  • Self-motivated, driven and able to lead and gain the commitment of others
  • Prior experience of leading and managing technical teams.
  • Exemplary research skills.
  • A PhD or Masters degree in a related or scientific field.
  • In depth of knowledge of catastrophe reinsurance and ILS, including market structure, product types and contract features.
  • Excellent technical knowledge of catastrophe modelling and exposure management.
  • In depth knowledge of the main catastrophe vendor models including their strengths and weaknesses.
  • Strong commercial acumen and strategic mindset.
  • Strong technology skills including R, python, SQL.

    As an international specialist insurer, we are far removed from the world of mass market insurance products. Instead, we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.
  • We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions. Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places. Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.