Senior Risk Analyst – Property, Insurance

The Exposure Management team plays a vital role at MS Amlin in understanding, advising, and reporting on the level of risk being written by the business. It's a stimulating environment where colleagues use sophisticated modelling and analytics, as well as their expertise in natural and man-made hazards, exposure, and financial terms to partner with underwriters and other stakeholders on business decisions. Outputs from the team are fundamental to determining prices, fulfilling capital requirements, and setting risk appetites. Within Exposure Management, the Insurance Catastrophe Modelling team use exposure management systems and catastrophe models, to provide analysis on MS AUL's catastrophe risk for direct insurance classes so that Executives and Underwriters are informed to make the best possible decision making to achieve overall profits and targets. As a member of the team, you have an opportunity to work on challenging problems in a collaborative team, whilst developing your own knowledge and career. About The Job Inter-business relationships

• Work collaboratively with clients of Risk Analytics to provide clarity, transparency and understanding through subject-matter expertise
• Support Analysts' skills development through coaching and engagement, and provide guidance where required in addressing queries relating to the pricing of accounts and portfolio roll-up from underwriters in the Property space
• Address and manage complex Property-related cases and queries from underwriters, and maintain and grow strong relationships with the Underwriting, Claims, Pricing and Underwriting Performance teams, with the ability to challenge ways of working using a continuous improvement mindset
• Manage client and broker relationships with the ability to deal with enquiries in an efficient professional manner, and make sound judgement calls based on value realisation
• Proactively build an internal and external network
Analytics and modelling
• Drive thought leadership and insights, acting as the SME for Property classes
• Oversee Property exposure capture and modelling to support and enhance underwriters' decision making and effectively manage risk
• Oversee and guide analysis conducted by Genpact and Modelling Analysts, providing insights and managing outputs where required
• Oversee analysis for quarterly roll up and reporting
• Ensure the delivery of proactive portfolio optimisation and other value-add modelling tasks such as owning model settings and adjusting models; and identifying patterns and potential data anomalies, to aid underwriting decision making and risk exposure assessment and projection
• Lead and support additional activities and project work including event response, business planning, catastrophe projection
Strategy, Reporting and Governance
• Undertake internal and external reporting activities for submissions
• Assist Lead Analysts in the design and implementation of risk management strategies, ensuring alignment with business goals
• Support governance activities, including assisting Senior Analysts in gathering information for decision focus
Compliance and Risk Management
• Conduct role in accordance with the Company's Business Ethics policy and all regulated entities as appropriate, role modelling behaviours and MS Amlin risk management values
• Assist with ensuring that the portfolio and the risks underwritten are compliant with all the relevant risk, regulatory and legal requirements, and are aligned to business goals
• Support the delivery of the MS Amlin Risk Function plan and wider Risk Mandate
• Support the ongoing development of the Risk Management Framework to assist MS Amlin in managing and mitigating risks effectively, whilst ensuring consistency across the MS Amlin Group
• Keeping up to date with emerging risks and industry trends, and the potential impact on MS Amlin and the wider Lloyd's market
• Monitor in conjunction with the MS Amlin CRO, MS Amlin's risk appetites, tolerances and Key Risk Indicators (KRIs), reporting these to the MS AUL Risk & Solvency Committee and Board.
  
  Strive for continuous improvement and have very strong analytical capabilities; possess the ability to prioritise and realise value
• Have excellent communication and collaboration skills to bridge gaps between technical and non-technical stakeholders
• Have excellent knowledge and experience of the Insurance Market across the globe and how these impact our business
• Are an intuitive problem solver and take a natural lead in delivering solutions
• Have professional scepticism and an inquisitive mind
• Can work independently and be self-guided
• Can influence and negotiate effectively
• Are highly adaptable and thrive in dynamic environments to meet evolving business needs
• Are proactive in your own development and lead in supporting the development and coaching of junior onshore and offshore staff members where appropriate.
What you'll need: For this particular role there are some important qualifications and experience we need you to have. These include:
• Excellent financial and commercial acumen
• Significant risk analytics modelling experience
• Have a robust understanding of the Lloyd's Syndicate market and its operating principles
• Experience of RMS RiskLink/ Sequel Impact is essential; experience of AIR Touchstone is desirable
• Strong Microsoft Excel and PowerPoint Skills are essential
• Strong understanding of coding logic and coding experience in SQL
• Skills in R &/or Python would be useful
• Ability to design, operate, interpret, and communicate quantitative reporting
• Experience in using ArcGIS, and underwriting tools would be desirable
• Undergraduate degree in a related subject (Geography/ Mathematics/ STEM subjects) would be desirable
• CII Qualification would be desirable
• ICSM or vendor qualification would be beneficial.
  
  About MS Amlin
MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD. We operate through four legal entities operating in the Lloyd's, Continental European, US and Bermudian global (re)insurance markets. This role is in our Lloyd's business Our Lloyd's business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world. We operate from our offices in the heart of London's (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd's Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.


• Competitive Base Salary
• Performance Related Discretionary Bonus
• Holiday: 28 days core annual leave, and you can buy up to 5 days
• Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
• Private Medical: cover for yourself. Family members/dependants can be added.
• Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits.
• Life Assurance: 5 x annualised base salary
• Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1.
• Continuous Learning Approach: Including study support with professional qualifications.
• Employer Supported Volunteering: 3 days volunteering leave.
• Annual health screening
• Give as you earn
• Cycle to work
• Season ticket loan
• Green car scheme
• Retail discount platform