- Working closely with the Head of Exposure Management, Natural Catastrophe Lead and Reporting & Analytics Lead.
- Designing and implementing Non-Nat Cat Exposure Management strategies and framework.
- Playing a key role in client engagements and leading non-Nat Cat projects.
- Producing material for internal and external presentations and reports.
- Leveraging your market knowledge in developing cutting edge solutions for exposure management, in collaboration with various teams from across Antares.
- Leading non-Nat Cat exposure management methods and techniques. Familiarity with exposure data capture systems and non-Nat Cat modelling software data outputs is highly desirable.
- Contribute to the Internal Model completeness with respect to modelling of non-Nat Cat exposures.
- Researching on key Non-Nat Cat Exposure Management topics and sharing with the wider team(s).
Knowledge and Experience
- Bachelor, Master's or PhD degree in a quantitative subject, natural sciences or engineering
- Mathematical and statistical ability
- ACII or equivalent (e.g. CSCR)
Key Accountabilities
- Lead the non-natural catastrophe team in its day-to-day pre and post bind modelling activities, made up of in-house permanent resources and external outsource providers.
- Ownership of non-natural catastrophe modelling procedures and (exposure) data quality requirements - including relevant model change processes.
- Manage the non-natural catastrophe data and modelling processes which provide inputs into pricing, portfolio analytics, exposure management, capital modelling and outwards reinsurance purchasing, management information and reports,
- Prioritise non-nat cat requests and communicate expected delivery times.
- Ensuring modelling is complete, well explained, and provides all required metrics.
- Maintain all non-natural catastrophe modelling records accurately and efficiently (record all data deficiencies and expert judgements)
- Review reasonableness of modelled results: run analysis or perform peer review for more material deals (by premium or limit / downside risk), or for business with more complicated exposures or policy structures.
- Co-ordinate data required for outwards reinsurance protections for non-natural catastrophe risk.
- Pro-forma portfolio modelling
- Manage the production and communication of in-force portfolio roll-up information for modelled and non-modelled exposures (where applicable)
- Investigate data accuracy I completeness I appropriateness issues or output quality with underwriters and modelling teams.
- Ensure accuracy of information presented and reported
- Explain results and material movements in exposure profile or modelling results, communicating the impact upon the immediate portfolio and more widely across product divisions and legal entities.
- Monitor non-natural catastrophe risk appetites: flag potential breaches of appetite or underwriting controls that regulate inwards exposure / aggregation or apply restrictions resulting from the terms of outwards reinsurance protections.
- Support production of internal reports, scenarios, Lloyd's RDS, supplementary information templates and other regulatory returns that require non-Nat Cat specifics.
- Work with Head of Exposure Management to develop: Non-natural catastrophe view of risk, utilising vendor models where applicable.
- Quantify impact of (future) changes at the portfolio and (material) individual risk, programme or treaty level.
- Support the validation and evaluation of vendor models where applicable
- Frameworks for assessment of non-modelled non-natural catastrophe perils, regions / territories, and policy coverages: reviewing new models and adjusting for model and methods limitations where applicable.
- The Internal Model completeness with respect to modelling of non-Nat Cat exposures
- Strategic advice around changes to underwriting risk appetite and deployment of underwriting capacity - with the aim of optimising the use of non-natural catastrophe aggregate on a risk vs return basis and managing downside risk within acceptable tolerances.
- Consult with the actuarial pricing function to implement non-natural catastrophe loss loadings across liability lines of business.
- Assist in the production of gross and net of reinsurance estimates for actual non-natural catastrophe events, providing a profile of our exposure to the event and quantification of potential losses.
All applicants must have the right to work in the UK