Job Profile Summary
This senior role reports to the Portfolio Change Manager and is accountable for the delivery of Business-as-Usual class catastrophe modelling services across all classes. It leads the Modelling team, manages capacity and quality, supports class catastrophe risk appetite reporting, and ensures Underwriting receives timely, accurate and commercially relevant class modelling analysis to support risk selection, portfolio management and strategic decision-making. The role is responsible for embedding approved changes into BAU operations.
Job Description
Main Duties
Work with the Portfolio Change Manager, Underwriting Management and other stakeholders to support business priorities and priorities set by the Head of Exposure Management.
Own class modelling delivery across all classes, setting priorities and meeting internal, regulatory and business deadlines, leading portfolio analysis, reporting and explanation of material movements across the gross catastrophe position.
Own the delivery of class catastrophe modelling services to Underwriting, ensuring service standards are met and timely, accurate and commercially relevant analysis is provided to support underwriting decisions, portfolio management and business objectives.
Ensure class modelling outputs, exposure information and contract data are accurate, complete, consistent and clearly communicated.
Lead class catastrophe modelling and quality assurance of exposure data and outputs for pre-bind, post-bind and downstream use.
Lead and develop the Modelling teams, maintaining clear responsibilities, appropriate capacity and flexible resourcing across classes.
Report delivery, resource, quality and operational risks to the Portfolio Change Manager, recommending priorities and capability needs.
Lead class modelling testing for approved changes, model updates and system enhancements, and own the operational implementation and transition of agreed change initiatives into BAU processes.
Lead class modelling support for event response, Outwards Reinsurance, ILS, live Partnership and Innovation risks, and recurring analytics.
Own day-to-day outsourced class modelling and Exposure Management related data entry performance, quality and capacity, supporting future outsourcing reviews.
Line-manage the Specialty, Emerging Cat and Property & Treaty Leads, setting direction, priorities and performance expectations.
Deliver class modelling analysis and scenarios for blueprinting and other change initiatives led by the Portfolio Change Manager.
Own class catastrophe risk appetite monitoring, challenge unexpected positions and coordinate annual reviews of class catastrophe risk appetites and maximum lines.
Lead continuous improvement within class modelling processes, data quality, reporting and workflows, identifying opportunities to improve efficiency, consistency, quality and scalability.
Other Responsibilities
Participate in the wider activities of the Exposure Management Team and relevant business-wide projects.
Maintain current knowledge of catastrophe science, modelling technology and market developments, and promote improved scientific and technical understanding across the team.
Provide technical support to the Modelling team, wider Exposure Management function and wider business.
Participate in the Catastrophe Underwriting Group and relevant working groups when required.
Promote a culture of continuous improvement and innovation within the Modelling team.
Skills and Competencies
Relevant Experience
Essential
Significant class catastrophe modelling experience.
Experience leading class modelling delivery and quality assurance across multiple classes.
People-management experience.
Desirable
Management of a large or multi-disciplinary team.
Experience managing outsourced modelling delivery.
Technical Skills
Essential
Proficient in at least one vendor catastrophe modelling platform, with Moody’s RMS preferred.
SQL skills focused on catastrophe model output analysis and…