Assist in implementing the Portfolio Management Framework, to help ensure underwriting strategy aligns to the business plan and risk appetite and facilitate the feedback loop between underwriting and actuarial to support medium to long term business performance
Overview
Key duties (including, but not limited to):
- Design, create and maintain a holistic suite of portfolio management and data visualization tools and dashboards (currently WTW Radar and Power BI)
- Actively monitor portfolios and perform adhoc and deep dive analyses to understand drivers of underwriting performance, identify areas of risk and opportunity. Socialise insights, suggest and create buy-in for actions to enable the business to constantly course correct
- Provide essential input to inform, support and challenge strategic, planning and underwriting decisions. Support the optimisation of portfolio returns and risk management through financial modelling, tiering, creation of realistic disaster scenarios, inputting in peer review, performance review forums, risk referrals
- Supporting the exposure management process to ensure catastrophe risk is monitored, socialised and managed in line with agreed risk appetite and reflected in decision making
- Monitoring and reporting on KPI’s and performance for senior management and capital providers
Qualifications required:
- Bachelor’s degree in finance, economics, actuarial science, data science, engineering or related field
- Professional qualifications (e.g. Actuarial, Data science, CFA, CII) are highly desirable
Experience required:
- Minimum 2 years of experience in portfolio management, pricing, underwriting, or a related analytical role in re/insurance, working with large datasets to generate actionable insights to improve underwriting performance
- Working knowledge of the London insurance market and understanding of the main drivers of profit