About the Role
This role is responsible for the management and modelling of the Political Violence and Political Risk Non-Natural Catastrophe portfolio, including Terrorism, War, and associated perils. This includes a direct Terrorism class of business and political violence exposures included in other portfolios.
Responsibilities
- Produce monthly classes of business reports for the Terrorism class and assist with the monthly roll-ups for internal/external reporting.
- Underwriting requests for additional information.
- Developing and enhancing the analytics for this division.
- Ensuring the timely and accurate capture of data by our third-party outsourcer.
- Communicate with underwriters to ensure the smooth operation of Exposure Management reporting within the business, including presenting outputs, explaining movements, and seeking sign-off for internal and external reporting metrics.
- Making improvements to the data and analytics for Political Violence, communicating with stakeholders on key metrics and completeness of the portfolio, and driving forward the development of the Non-Natural Catastrophe Exposure Management framework within Arch.
- Ad hoc projects such as tool and model validation and process automation.
- Lead analyst for Political Violence and Political Risk reporting across key classes of business.
- Responsibility for managing all aspects of these portfolios for exposure management and catastrophe analytics purposes, with internal assistance and our outsourcer.
- Analysis of monthly variances and ensuring good data governance within Arch portfolios.
- Preparing data for key stakeholders including Group reporting and outwards reinsurance purchasing for multiple Arch entities.
- Internal and external reporting.
- Support during Event Response.
- Completing ad hoc requests from underwriters to assist with pricing and monitoring of risk.
- Ad hoc requests from the Catastrophe Managers and Head of Department.
Requirements
- Good understanding of Exposure Management and modelling.
- Strong understanding of Insurance gained in a relevant industry role.
- Practical knowledge of insurance policies.
- Experience within non-natural catastrophe classes advantageous, particularly Terrorism.
- Ability to communicate complex Exposure Management concepts to a non-technical audience.
- Proven organisational and workload management skills.
- Strong Problem-Solving skills and keen attention to detail.
- Experience working in a similar role, in a Lloyd’s syndicate or similar.
- Experience with Exposure Management approaches, including modelling and scenario calculation.
Skills
- Excel
- VBA
- SQL
- Analytical/technical mindset
Experience Level
- 5+ years experience in Insurance
About the Company
- Arch Capital Group Ltd. is a Bermuda-based specialty insurer that provides insurance, reinsurance and mortgage insurance on a worldwide basis.
- With a 20+-year track record of delivering results and a coveted position on the S&P 500 index, Arch is a great place to grow your career.
