Portfolio Lead

  • 37337
  • Non-Life - CAT Modeling
  • |
  • England
  • |
  • May 8, 2020
Re/Insurance
RESPONSIBILITIES
  • To own end-to-end Cat modelling/data capture processes, maintaining up-to-date documentation.
  • To direct Cat Modelling activity across the product line, in line with business priorities.
  • Ensure exposure data standards are well understood by Underwriting and actively monitored.
  • To report and make data quality recommendations highlighting areas for improvement.
  • To drive process efficiencies by embedding technology.
  • To maintain an appropriate level of modelling resource, internal and external.
  • To manage outsourcing partners to operate in line with the company’s own internal standards.
  • To contribute towards a strategic roadmap, ensuring profitable portfolio growth and optimization.
  • Ensure processes are aligned with the company best practice, exceed Lloyd’s minimum standards.
  • To provide a Cat modelling education programme for underwriters.
  • To make risk level recommendations to drive Underwriting margin.
  • To produce the monthly modelled rollup for the product line.
  • To produce the modelled Pro Forma for the product line.
  • To ensure excellent Cat modelling service levels and accuracy for the product line.
  • To support the pre and post event exposure and loss modelling process.
  • To act as a representative at external forums, market bodies and conferences.
  • To ensure all key deliverables are executed at the required frequency and quality.
  • To deliver roll-ups to the HCI to aggregate and report upon.
  • To provide timely, accurate and consistent Event reports to the company Event Response Group.
  • To produce accurate and timely Pro Forma for Business planning and RI Purchasing.
  • To assist in aligning company modelling geographies, ensuring a globally consistent approach.
  • To assist in forging strong relationships with the R&D teams.
  • To pro-actively engage with stakeholders including local face-to-face meetings.
  • To be a key contributor to Group Cat Managers meetings.
  • To work closely with underwriting leaders to improve risk selection and portfolio constitution.
  • To support the HCI in delivering Underwriting goals.
  • To communicate Risk Analytics strategy effectively to key stakeholders.
  • To participate in the selection of third party models.
  • To travel to offices and attend leadership meetings.
QUALIFICATIONS
  • Excellent academic qualifications including a minimum 2:1 degree.
  • Strong mathematical, modelling, technical background.
  • Insurance qualifications are desirable.
  • Minimum 4 year’s catastrophe modelling experience.
  • Experience of major vendor models RMS and/or AIR essential.
  • Previous experience of exposure management of delegated portfolios in the Lloyds market.
  • Experience of/proficiency in the use of mapping/analytical software, QGIS, Spatial Key etc. desirable.
  • Must be proficient in Excel and the use of SQL.
  • Additional programming skills, VBA, Python/R, an advantage.
  • Influencing skills, engaging and credible style, capable of building trust and respect within a matrix environment. Adapts style to suit cultural and environmental differences.
  • Leadership, high level of enthusiasm and vision with which to inspire others.
  • Analytical skills, leverages data and analytics to create actionable insight to improve performance.
  • Creative self-starter, dynamic and driven, formulates new concepts, challenges the status quo.
  • Collaborative, establishes excellent relationships, brings people closer together, a team player.
  • Commercial acumen, synthesizes analytical skill with commercial insight.
  • Results orientated, consistently delivers results.
  • Organizational skills, consistently delivers tasks and meets deadlines.