Underwriting Exposure Manager

About the role

Reporting to the Head of Exposure Management, the Underwriting Exposure Manager identifies, measures, monitors, analyses and reports non-natural catastrophe exposures across the Company's reinsurance portfolio. Working with Underwriting, Actuarial, Risk Management and Catastrophe Modelling teams, the role supports underwriting decisions and drives better monitoring of non-natural catastrophe perils.

Key responsibilities

• Work with Risk Management to build frameworks for identifying and quantifying non-natural catastrophe exposures across underwriting classes.
• Monitor aviation, casualty clash, cyber, terrorism, political violence, marine, energy, liability and other accumulation risks, and ensure material accumulations are flagged at treaty and portfolio level.
• Maintain the non-natural catastrophe parts of the Risk Registry and exposure registers.
• Monitor accumulations against risk appetite, exposure limits and management thresholds, and produce regular exposure reports and dashboards.
• Analyse portfolio composition and concentration risk to support business planning, and provide pre-bind and post-bind exposure analysis.
• Develop exposure modelling and aggregation methodologies, using proxy modelling and scenario analysis when vendor models are unavailable.
• Support rating agencies and regulators, take part in risk committees and internal audit and model validation reviews, and comply with the Exposure Management Policy.

Required profile

• Bachelor's degree in actuarial science, mathematics, statistics, engineering, data science, finance or a similar quantitative discipline.
• Minimum 5 years' experience in reinsurance, exposure management, catastrophe modelling, actuarial or risk management.
• Professional actuarial, insurance or risk designation in progress is advantageous.
• Experience in Bermuda, Lloyd's or other international reinsurance markets is advantageous.

Required skills

• Strong SQL and database work; R, Python, R Shiny and/or Power BI are advantageous.
• Portfolio analytics, exposure management and reporting tools.
• Strong analytical, communication and stakeholder management skills.