Chaucer Group on cord

Chaucer Group

Exposure Analytics and Regulatory Manager

External position
London, UK
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Insurance
The Team of Leaders
Posted
a week ago
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2 days ago

Skills & Experience

Job roles: Business Analyst
Experience level: Senior, Lead
Core skills considered: Business Analysis, SQL, Communication software
Other skills considered: Stakeholder Management, Project Management, Data Analysis

Logistics

Base salary: Undisclosed
Some companies on cord are unable to disclose salaries publicly due to internal company policies. Message the company for salary information.
Employment type: Permanent
Remote working: On-site
Visa sponsorship: Not available

Job Description

The primary objective of the role is to deliver the analysis, use, and communication of the modelled Chaucer catastrophe portfolio to ensure catastrophe portfolio accumulation is understood and optimised. Working closely with all functions across Exposure Management, the role involves delivering insightful analytics of Chaucer's portfolio internally and externally, ensuring alignment to the overall Chaucer strategy. The role holder is expected to have a strong Cat Modelling and statistics background, with experience in understanding Insurance and Reinsurance structures and terms. Key components of the role are Outwards Reinsurance modelling (netting down of the portfolio) and Net portfolio blueprint (pro forma) management. The scope of the role includes heavy interaction with multiple teams and Senior stakeholders across the company, including Underwriting, Outwards Reinsurance Purchasing, and all Actuarial functions, giving the role holder a high profile from day one. Externally, the role includes overseeing and supporting all Regulatory return work, ensuring accuracy and operational efficiency.

The role will also participate in the wider functions of the Exposure Management Team as well as the overall Risk Function.


Main duties

  • Manage and deliver insightful portfolio analysis and reporting to internal stakeholders, communicating portfolio composition changes within Exposure Management and across the business.
  • Drive change through value-added and influential analytics and overall portfolio optimisation.
  • Lead the development and management of all Portfolio stochastic and deterministic cat appetites, for both Nat and Non-Nat Cat.
  • Oversee Outwards Reinsurance netting down, including design of modelling and net position movement analysis.
  • Lead the Exposure Management input for calculating the Net position impact of alternative Outwards Reinsurance options in the lead up to the 01/01 ORI purchase period.
  • Support in the production of any portfolio outputs for modelling provided to Outwards Reinsurers.
  • Have overall central responsibility for the production of Group-level cat Net blueprints to support strategy and planning, working with the catastrophe modelling teams, Underwriting Management and Business Planning teams.
  • Work with the business on cat portfolio output analytics use and accessibility, improving dashboards where possible, in particular in conjunction with Capital Modelling and Actuarial Pricing teams.
  • Provide portfolio and financial modelling insight as part of model and system reviews.
  • Oversee the portfolio post-cat event response and ensure coordination with the Portfolio Manager and Senior Analysts for their respective classes.
  • Support the catastrophe research team in View of Risk validation projects, largely from a cat analytics view, providing holistic view point that ensures underwriting and actuarial are considered, as well as catalogues.
  • Look to improve processes to enhance the overall operational efficiency of the team.
  • Oversee all Exposure Management Regulatory returns.
  • Management of the Analytics and Regulatory sub team.
  • Ensure that the team is suitably resourced, experienced and developing, so that all tasks are completed and the expertise of the team is increasing.
  • Participate in the joint activities of the Exposure Management Team.
  • From time to time take part in relevant projects within Exposure Management or throughout the wider business.
  • Keep up-to-date with new science and technological developments in the Catastrophe Management field, and also relevant news and developments within the (re)insurance market itself.
  • Provide technical support within your team, the wider Exposure Management team and the wider Chaucer business.
  • Participate in the Catastrophe Underwriting Group if required.
  • Participate in the management team of Exposure Management.

Regulatory responsibilities

  • Lloyd's return oversight: LCM, RDS, Model Completeness, and more.
  • PRA Returns involvement.
  • Rating agency returns oversight.
  • CBI Returns oversight.

Our requirements


Relevant experience


Essential

  • Experience within Exposure Management or Catastrophe Modelling or Actuarial Pricing Capital Modelling teams
  • People management experience

Desirable

  • Previous experience contributing to a portfolio analytics team, or equivalent
  • Exposure Regulatory experience

Technical skills


Essential

  • Experience with using and interpreting outputs from simulation platforms
  • Proficient in using at least one vendor catastrophe platform (RMS preferred)
  • Good knowledge of the build and financial output of catastrophe models
  • High level understanding of insurance and reinsurance financial terms
  • SQL programming skills, in particular with a focus on cat model output analysis and manipulation
  • Advanced excel
  • High level numeracy skills with a detailed understanding of probability and statistical methodologies
  • Ability to explain complex statistical problems to your team and ensure their continued development and improved understanding

Desirable

  • Programming skills such as Python, VBA, R
  • Knowledge of GIS and/or other mapping software
  • Experience of in-house Pricing and Aggregation systems
  • Experience creating analytics in dashboard software such as PowerBI
  • Dynamic Financial Analysis (DFA) model experience
  • Ability to create alternative solutions to solve a problem or provide analytics

Education & Experience


Essential

  • Educated to degree level (in a relevant mathematical or statistical discipline is preferred)

Desirable

  • Other relevant professional qualifications (or progress towards) such as CSCR, ACII, CRM, CCRA
  • Actuarial qualifications

Personal skills

  • Willingness to use initiative to solve problems
  • Attention to detail in a data intensive environment
  • Excellent communications skills with the ability to present complex information clearly and concisely
  • Good interpersonal and influencing skills with the ability to build effective relationships
  • Professional attitude to meeting deadlines and objectives
  • Highly motivated and prepared to go the extra mile
  • Flexibility and ability to prioritise for yourself and your team
Exposure Analytics and Regulatory Manager at Chaucer Group
Position posted a week ago

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Starling Bank on cord

Starling Bank

Full Stack Engineer (ML Ops)

London, UK
FinTech · Banking · Finance
A better bank for everyone
Active
over 6 months ago
Responds to
0% of requests
Responds in
1h 55m
Requests
7 pending

Skills & Experience

Job roles: Full Stack
Experience level: Mid, Senior
Core skills considered: Java, React, Redux, AWS, JavaScript

Logistics

Base salary: £70K - £110K
Employment type: Permanent
Remote working: Hybrid (up to 2 remote days p/w)
Visa sponsorship: Not available

Job Description

Starling is the UK’s first and leading digital bank on a mission to fix banking! Our vision is fast technology, fair service, and honest values. All at the tap of a phone, all the time.

Starling is the UK’s first and leading digital bank on a mission to fix banking! We built a new kind of bank because we knew technology had the power to help people save, spend and manage their money in a new and transformative way.

We’re a fully licensed UK bank with the culture and spirit of a fast-moving, disruptive tech company. We’re a bank, but better: fairer, easier to use and designed to demystify money for everyone. We employ more than 3,000 people across our London, Southampton, Cardiff and Manchester offices.

Our technologists are at the very heart of Starling and enjoy working in a fast-paced environment that is all about building things, creating new stuff, and disruptive technology that keeps us on the cutting edge of fintech. We operate a flat structure to empower you to make decisions regardless of what your primary responsibilities may be, innovation and collaboration will be at the core of everything you do. Help is never far away in our open culture, you will find support in your team and from across the business, we are in this together!

The way to thrive and shine within Starling is to be a self-driven individual and be able to take full ownership of everything around you: From building things, designing, discovering, to sharing knowledge with your colleagues and making sure all processes are efficient and productive to deliver the best possible results for our customers. Our purpose is underpinned by five Starling values: Listen, Keep It Simple, Do The Right Thing, Own It, and Aim For Greatness.

Hybrid Working

We have a Hybrid approach to working here at Starling - our preference is that you're located within a commutable distance of one of our offices so that we're able to interact and collaborate in person. We don't like to mandate how much you visit the office and work from home, that's to be agreed upon between you and your manager.

Our Data Environment

Our Data teams are excited about the value of data within the business, powers our product decisions to improve things for our customers and enhance effective and agile decision making, regardless of what their primary tech stack may be. Hear from the team in our latest blogs or our case studies with Women in Tech.

We are looking for talented data professionals at all levels to join the team. We value people being engaged and caring about customers, caring about the code they write and the contribution they make to Starling. People with a broad ability to apply themselves to a multitude of problems and challenges, who can work across teams do great things here at Starling, to continue changing banking for good.

Requirements

We have built our entire banking platform in house and mostly in Java. We are looking for people who want to work on building the tooling that is used by our engineers on a daily basis.

We are looking for people who are truly full stack, and are as comfortable polishing their javascript front end as they are debugging the innards of their java applications database interactions, or standing up infrastructure with terraform. We are looking for people who can:

  • Design REST apis.
  • Code backend services, ideally using Java, or another other server side compiled language.
  • Develop modern front ends, ideally using React and Redux.
  • Get their code into the cloud and support it there, ideally on AWS.
  • Believe in clean coding, simple solutions, automated testing and continuous deployment.
  • Like to take ownership of a feature from the original idea through to live.
  • Think (like us) that a small number of empowered developers is the right way to deliver software.

Company Benefits

  • 33 days holiday (including flexible bank holidays)
  • An extra day’s holiday for your birthday
  • 16 hours paid volunteering time a year
  • Part-time and/or flexible hours available for most roles
  • Salary sacrifice, company enhanced pension scheme
  • Life insurance at 4x your salary
  • Hybrid/remote working
  • Private Medical Insurance with VitalityHealth including mental health support and cancer care. Partner benefits include discounts with Waitrose, Mr&Mrs Smith and Peloton
  • Generous family-friendly policies
  • Varied social groups set up and run by our employees
  • Perkbox membership giving access to retail discounts, a wellness platform for physical and mental health, and weekly free and boosted perks
  • Access to initiatives like Cycle to Work, Salary Sacrificed Gym partnerships and Electric Vehicle (EV) leasing

Full details are available on our careers site

Interview Process

Interviewing is a two way process and we want you to have the time and opportunity to get to know us, as much as we are getting to know you! Our interviews are conversational and we want to get the best from you, so come with questions and be curious. In general you can expect the below, following a chat with one of our Talent Team:

  • Stage 1 - 30 mins with one of the team
  • Stage 2 - Take home challenge
  • Stage 3 - 90 mins technical interview with two team members
  • Stage 3 - 45 min final with an executive and a member of the people team
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