Syndicate Exposure Manager
Job Summary
This is your opportunity to join AXIS Capital a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial disciplined and ethical corporate culture. As a member of AXIS you join a team that is among the best in the industry.
At AXIS we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to any protected characteristic including age color disability ethnicity gender identity marital status national origin pregnancy race religion sex sexual orientation veteran status or any basis prohibited by the laws that govern its operations.
Syndicate Exposure Manager
Job Family Grouping: Exposure Management
Job Family: Chief Underwriting Office
How does this role contribute to our collective success
The exposure management function contributes significantly to the success of AXIS across all lines of business and interacts with virtually all areas of the company to ensure AXIS maintains an appropriate catastrophe risk strategy.
The role is primarily focused on exposure management for AXIS Managing Agency syndicates supporting the effective oversight and reporting of catastrophe risk across the Lloyds platform. By maintaining a high standard of exposure management outputs the role provides internal stakeholders with clear timely and reliable information to support decision-making while also ensuring external reporting to Lloyds is accurate robust and delivered to the required standard.
What will you do in this role
The roles main responsibility is to lead the internal and external Exposure management reporting requirements for AXIS Managing Agency syndicates. The role will also involve supporting on Group cat accumulations and MI where necessary.
Key responsibilities include:
Lloyds exposure management reporting
Ensure the timely completion and submission of various regulatory returns relating to exposure management for our Lloyds business (RDS LCM PBO etc)
Key point of contact for EM with Lloyds
Liaise with non-nat cat exposure management teams (Casualty Cyber etc.) to ensure accurate exposure reporting.
Production of Exposure Management MI
Produce and analyse Nat Catfocused exposure management MI for senior stakeholders within the Syndicate
Handle ad hoc queries from Actuarial Risk and Underwriting and provide clear insights into portfolio movements accumulations and catastrophe risk drivers.
Contribute to Group roll ups and reporting through detailed analysis and written commentary within formal reporting packs.
You may also be required to take on additional duties responsibilities and activities appropriate to the nature of this role such as;
Development of Exposure Management Tools - Work with internal developers and external software providers to maintain and enhance Exposure management tools ensuring they remain fit for purpose.
Reinsurance Purchase Support - Provide Nat Cat exposure analysis and MI to support the reinsurance purchase process including outward structure optimisation and portfolio validation. Assist with scenario analysis and accumulation reporting as required.
Cat Capital assessment Review and assess methodology for allocating catastrophe capital to underwriting classes and calculate during planning.
Internal Model - Ensure Nat Cat feeds into the internal capital model are accurate and timely.
Model Completeness - Assist in assessing non-modelled perils and regions and identifying appropriate methods to capture these exposures.
Event Response - Support event response activity primarily for Nat Cat events by producing timely loss estimates and exposure summaries for internal and external stakeholders.
About You:
Working knowledge of catastrophe modelling software is required; experience with Touchstone is preferred.
Strong understanding of Nat Cat concepts and terminology including PMLs Exposure TVaR YLT and related metrics.
Proficient in Excel and SQL.
Experience analysing and reporting PML movements at portfolio level.
Ability to build strong relationships with stakeholders
Prior experience reporting Nat Cat exposures to regulators is preferred but not essential.
We encourage you to bring your own experience and expertise to the table so while there are some qualifications and experiences we need you to have we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
Role Factors:
In this role you will typically be required to be in the office 3 days per week.
What we offer:
The Exposure Management team is well structured well resourced and highly experienced providing a collaborative and supportive environment in which individuals are encouraged to learn from senior subject matter experts.
For someone early in their exposure management or catastrophe analytics career this represents an excellent opportunity to develop technical skills gain exposure to real business decision making and build a long term career within a respected and influential Exposure Management function.
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family health and wellness programs retirement plans tuition reimbursement paid annual leave and much more
This posting is for an existing vacancy.
Required Experience:
Manager
About Company
With 20 offices worldwide, AXIS Capital is a leading provider of specialty lines insurance and reinsurance globally.