Exposure Management Lead

The jobholder will be an ambitious, experienced, and reliable SCOR Syndicate Head of Exposure Management who wants to make a difference in a dynamic and innovative SCOR Syndicate and wider SCOR Group role.

The main role is to support and drive SCOR Syndicate Exposure Management to ensure compliance with Lloyd’s regulatory framework, reporting and cat/non-cat risk management, this includes driving further development of the pricing and cat modelling function’s reporting and governance framework in collaboration with central functions and the wider SCOR group. The jobholder will have strong technical background, communication skills, reporting experience and robust understanding of governance frameworks, their requirements, and their potential impact on the business.

The job holder will also support the wider SCOR Nat Cat and Accumulation team in conjunction with central functions.

• Work closely with underwriters, management, outsourcing functions, pricing and modelling, central functions and SCOR group to ensure consistent governance, processes, succinct reporting, and data quality standards that meet business requirements.

• Provide insightful analytics to the underwriters, management, and central functions through clear communication, reports, and committees with a focus on improving profitability. 

• Development of non-modelled datasets and reporting in collaboration with the central R&D and accumulations department.

• Enhance information management and reporting within the division, to SCOR Group and Lloyd’s to meet regulatory requirements and drive key decisions within the business, monitoring key performance indicators such as catastrophe aggregate, PML, and other financial metrics.

• Assist the division having a joined-up view of the business by assisting with reserving, business planning, capital modelling and outward reinsurance purchase processes.

• Assist in project work across the wider business as required.

• Support event response analytics and reporting for SCOR Syndicate and other Insurance lines.

• Working closely with other SBS and Central function teams to develop streamlined cat processes and superior analytics.

• Present SCOR Syndicate nat-cat and non-nat cat exposure and modelling metrics and measure where appropriate against business plans and risk appetites to ensure appropriate management, forecasting and utilisation of reinsurance structures to support business growth.

• Ad-hoc nimble reporting of underwriting/business requests for cat analytics. 

• Governance issues relating to SCOR Syndicate.

• Ensure compliance with Lloyd’s regulatory returns and ad-hoc requests.

• Fulfil Lloyd’s exposure management requirements in relation to SCOR Syndicate and communicate with Lloyd’s central departments.

• Maintain SCOR Syndicates strong position with Lloyd’s central Exposure Management and further strengthen the maturity rating from Lloyd’s for nat-cat and non-nat cat.

• Attend London Market Association committees relating to Expousre Management to provide expert input and ensure SCOR Syndicate remains current on existing and future data capture initiatives and projects.

• Ensure the effective and proactive in force and forecasted management of SCOR Syndicate’s natural and non-natural catastrophic risk.

• Complete the following returns accurately and in a timely manner, RDS, RDL, LCM, SBF Exposure Management Forecasts, Major Claim Returns, Standard Formula, Extreme Disaster Scenarios and other requests as and when they arise throughout the year.

• Several years of insurance experience, with a few of them in catastrophe modelling and/or reporting.

• Expert knowledge of catastrophe modelling tools such as RMS.

• Knowledge of regulatory requirements and an understanding of how they impact on the business.

• Advanced Excel, VBA, SQL, Tableau, Python and/or SAS skills an advantage.

• Communication: excellent interpersonal verbal and written skills that enable the candidate to communicate effectively to all levels of the business.

• Integrity: the ability to make a principled stand where required. 

• Independent: a thinker with an analytical mindset.

• Flexibility: the ability to manage workload and prioritise different tasks.

• Personality: a self-motivator who is keen to learn and share their own knowledge with others.

• Teamwork: ability to work collaboratively with others in the team.

Required Education 

• A person with an advanced degree in a closely related field where strong quantitative skills are required, or equivalent.

As a leading global reinsurer, SCOR offers its clients a diversified and innovative range of reinsurance and insurance solutions and services to control and manage risk. Applying “The Art & Science of Risk,” SCOR uses its industry-recognized expertise and cutting-edge financial solutions to serve its clients and contribute to the welfare and resilience of society in around 160 countries worldwide.

Working at SCOR means engaging with some of the best minds in the industry – actuaries, data scientists, underwriters, risk modelers, engineers, and many others – as we work together to find solutions to pressing challenges facing societies.

As an international company, our common culture is defined by “The SCOR Way.” Serving both to build momentum that drives the Group forward and as a compass to guide our actions and choices, The SCOR Way is anchored by five core values, reflecting the input of employees at all levels of the Group. We care about clients, people, and societies. We perform with integrity. We act with courage. We encourage open minds. And we thrive through collaboration.

SCOR supports inclusion and the diversity of talents, and all positions are open to people with disabilities.