This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.
Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose: One Ascot. Our greatest strength is a talented team who flourish in a collaborative, inclusive, and entrepreneurial culture, steeped in underwriting excellence, integrity, and a passion to find a better way, The Ascot Way
The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our unique Fusion Model: Client Centric, Risk Centric, Technology Centric.
Built to be resilient, Ascot maximizes client financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve for our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.
Job Purpose:
To analyse and report the syndicate’s exposure and cat modelled capacity for natural catastrophes, terrorism and casualty within the limits defined by the business plan and senior committees. This also includes working closely with underwriting teams to support decision making in the direct portfolios.
This position provides an excellent opportunity for the candidate to contribute to the catastrophe modelling function within an insurance operation, to support on analytics and future workflow plans.
DetailedDuties:
DataManagement
Maintainmodelledandnon-modelleddatabasestoensure:
Timelyandaccuratecaptureofalldata
TimelyandaccuratereportingofworldwideSyndicatemodelledlossesandexposure.
LiaisewithExposureManagementteamtoreportonaccuracyandtimelinessofdatacapture.
Outsourcers
MonitorandliaisewiththePoloWorksteamresponsiblefordataentrytoensurethat:
Allrequireddataisrecordedinanaccuratefashionandcompletedbythemonthlycut off.
Arrangeandmanagethepre-riskprocessregardingnaturalcatastrophemodellingperformed by Polo Works.
Monitoring&InternalReporting
Pre-riskanalysisofkeyaccounts
Weeklyreporting–reviewofweeklymovementandutilisationsofaggregationlimits
AssistinthereportingandpublicationoftheEMteammonthlysignoffprocess
DataProvision
Providecomprehensive,complete,timelyandaudited/reconcileddataextractstoexternal third parties (e.g. reinsurers) as required
Meetingswithreinsurerstodiscussresultsandtheanalysisconducted
ProactiveResearch
Toadvise,assistandalsoleadresearchintonewcatmodellingsystemsandproceduresasthe need arises.
Assistwithvalidationoflicensingnewcatmodels
ToreadandsummariseanyLloyds,PRAorindustrypaperissuedinrespectof:
AmendmentstoRDSscenarios
Alterationsinregulations/byelawsrelatingtoexposuremanagement/catmodelling
Updatestomarketmethodologiesorapproachestocat
AssisttheExposureManagerinad-hocprojects(e.gtesting/enhancementstonew systems/procedures)
Keepingup-to-datewithtechnologicaldevelopmentsapplicabletoourfield
Skills,Knowledge&Experience
Educatedtoatleastdegreelevelinarelevantscientific/numeratesubject.
CompetentuserofMicrosoftOfficeproducts(particularlyExcel)
Basicprogrammingskillsfavourable(ParticularlySQL)
ExperienceofAIRRMS favourable
Timelyandorganised
Goodcommunicator
Please be aware that Ascot Group’s job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses, if you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group.
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