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Insurance Portfolio Manager

Massenhove Recruitment
Posted 12 days ago, valid for 9 days
Location

London, Greater London EC2V 7WS, England

Salary

£60,000 - £72,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The job involves collaborating with underwriting teams to prepare and manage exposure data for outsourced processing and catastrophe modeling, ensuring accuracy and timeliness.
  • Responsibilities include monitoring workflows to meet service level agreements, managing the portfolio close process, and providing monthly snapshots of bordereaux and modeling files.
  • The role requires experience with insurance exposure data capture systems, data analysis skills (preferably with Excel and SQL), and familiarity with Cat Modeling data from vendors like RMS/AIR.
  • Candidates should have experience in portfolio management, working closely with senior underwriting teams, and understanding key metrics for risk appetite and thresholds.
  • The position typically requires a salary in the range of $80,000 to $100,000 and at least 3-5 years of relevant experience.

Job Function

  • Work with Underwriting teams to collate and prepare slip and exposure data to send to outsourced exposure data team and co-ordinating with catastrophe modelling teams to manage downstream modelling requirements and support validation of modelled outputs (movement reporting/interogation and control check validations).
  • Working with outsourced exposure processing and catastrophe modelling teams to ensure that exposure data is accurate, appropriate and timely and that modelling is performed to meet internal and external commitments.
  • Monitoring and measuring exposure, modelling and underwriters team workflows to ensure service level agreements are being met.
  • Managing the portfolio close process, ensuring that bound risks have been fully processed and sent to exposure and modelling teams to create a monthly portfolio snapshot of bordereaux and modelling files to distribute to panel of markets.
  • Working with the senior underwriting and portfolio management teams to support planning, on-going portfolio monitoring to thresholds and appetites and be responsible for process improvements.
  • Liaising with external markets to provide required data and supporting narrative information, and supported by catastrophe modelling teams to provide insight and feedback to market enquiries

Skills & Experience

  • Experience of insurance exposure data capture systems and solutions, Policy Administration and Sequel Impact / OpenX for On/Off-shore Energy risks
  • Data analysis skills (Excel with SQL desirable), ideally an understanding of insurance exposure data for Property and On/Offshore Energy lines of business, desirable to have experience of industry datasets such as Clarksons
  • Experience working with and interpreting Cat Modelling data outputs from the main vendors RMS/AIR and ability to articulate key metrics/statistics
  • Portfolio management with experience working with senior underwriting management teams to advise, plan and monitor against key appetite and thresholds
  • Desirable to have experience of Cat Modelling and the understanding of the underlying models, with validation and model interrogation would be a distinct advantage
  • Experience of managing a portfolio close process and securing necessary sign-offs and validation control checks for delegated authority business

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.