Senior Exposure Reporting Analyst

Role: Senior Exposure Reporting Analyst

Location: London - Hybrid

Position: Full time, permanent

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 non-natural 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 Exposure Reporting team supports the business in reporting on and understanding natural and non-natural catastrophe underwriting accumulation risk and enables this understanding to be embedded in decisions made in the business from underwriting to over-arching strategy to drive improved performance

About The Job

What you’ll spend your time doing:

Exposure Analytics:

• Lead the collation and processing of internal and Lloyd’s Realistic Disaster Scenarios (RDS), including the review of Underwriter and Modelling submissions of gross insured value and losses, as well as verification of the application of Outwards RI treaties

• Lead the monitoring of risk appetite and tolerances to ensure gross and net portfolios are appropriately reviewed and subject to the appropriate governance in place.

• Assist in the continued development of Underwriting accumulation risk tolerances, their allocation and the production of MI to ensure their appropriate management

• Produce and continuously develop management information (MI) for internal stakeholder reporting, ensuring Exposure Analytics data conveys the business effectively

• Perform proactive value-add tasks such as process efficiency improvement and documentation

• Collaborate with the other members of the Exposure Management team to continuously develop MS Amlin’s Exposure Management Framework

Inter-business relationships

• Bring clarity, transparency and understanding to the users and clients of Exposure Analytics acting as an SME business partner for catastrophe modelling teams

• Assist with natural  and non-natural catastrophe post event reporting and related analytics to manage key internal stakeholders, Head Office and external parties such as Regulators and Rating Agencies

• Maintain and grow sustainable relationships with the Underwriting, Underwriting Performance, Actuarial, Risk, Claims, Technical Pricing and Outwards Reinsurance teams, approaching conversations with the confidence to challenge alongside a continuous improvement mindset

• Assist with regulatory, broker and vendor relationships with the ability to deal with enquiries in an efficient and professional manner

• Support  skill development across the wider Risk Analytics team through coaching and engagement

• Provide guidance where required in addressing queries relating to Exposure Management from across the organisation

• Proactively build an internal and external network

Strategy, Reporting and Governance

• Reporting

  • Lead quarterly internal reporting processes, managing timelines to ensure internal and external deadlines are met

  • Own the production of standard quarterly Exposure Management MI

  • Lead regular external reporting activities, including , but not limited to, RDS (including Supplementary Information), Standard Formula and international pool reporting

• Strategy and business planning:

  • Lead the SBF RDS calculation process

  • Assist in the design and implementation of risk management strategies, ensuring alignment with business goals

  • Support business planning activities when required

• Governance:

  • Contribute to the governance of Exposure Management, producing input to committees when required

  • Assist in maintaining MS Amlin’s Exposure Management Framework

  • Collate and submit evidence for quarterly risk attestation

Compliance and Risk Management

• Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate.

• 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 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) ultimately reporting these to the MS Amlin Risk & Solvency Committee and Board

You’re going to enjoy this job if you also…

• Have excellent communication and collaboration skills to bridge gaps between technical and non-technical stakeholders, and a willingness to challenge

• Are a keen learner with very strong analytical and planning skills

• Demonstrate technical awareness and ability to deal with complexity

• A sound understanding of Exposure Management techniques and evaluation, including probabilistic and deterministic scenario analysis

• Demonstrate a high degree of attention to detail and accuracy

• Are a strong problem solver with focus on continuous improvement

• Are highly adaptable and thrive in dynamic environments to meet evolving business needs

• Have strong time management and organisational skills

• Are proactive in your own development and assist with the development of more junior onshore and offshore staff members where appropriate

What you’ll need:

• Sound financial and commercial acumen.

• Have a robust understanding of the Lloyd’s Syndicate market and its operating principles Strong Microsoft Excel Skills are essential

• Familiarity with external model validation techniques

• Familiarity with Solvency II

• Familiarity with International Regulatory regimes

• Very good understanding of Outwards RI application and recoveries

• Knowledge of programming languages, such as R, SQL, VBA and Python are desirable

• Ability to design, operate, interpret, and communicate quantitative reporting

• Experience in utilising data manipulation and visualisation tools is desirable

• Proactivity in your own development and assist with the development of more junior staff members where appropriate

• Strong understanding of mathematical concepts, with some actuarial knowledge desirable

• Undergraduate degree in a related subject (Geography/ Mathematics/ STEM subjects) would be desirable

What you can expect from us:

• 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

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.

#LI-MSAUL