Exposure Manager
SiriusPoint is a Bermuda-headquartered specialty underwriter providing insurance and reinsurance solutions to clients and brokers globally. It serves clients through primary insurance, reinsurance, and programs & MGA partnerships across Property & Casualty and Accident & Health lines.
About SiriusPoint
SiriusPoint is a specialty underwriter providing solutions to clients and brokers around the world, offering security and resilience in an uncertain market. The company underwrites primary insurance across a growing number of sectors, acts as a global reinsurer from its North America, Bermuda and European hubs (including Lloyd's Syndicate 1945), and is a leading carrier for program administrators and managing general agents partnering with casualty and specialty lines programs worldwide. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, SiriusPoint is listed on the New York Stock Exchange (SPNT) and holds licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. With over $3.0 billion total capital, its operating companies carry financial strength ratings of A from AM Best, Fitch and S&P, and A3 from Moody's, and its offering is strengthened by strategic partnerships with Managing General Agents and program managers.
Skills
About the Role
You will lead framework design, execution and exposure reporting for SiriusPoint Group and all legal entities. As a leader in portfolio risk management, you will ensure that all global exposures are well understood, modelled and proactively managed, supporting the Global Head of Exposure Management across strategy, reporting and analytics.
Requirements
- Strong communication to regularly deliver analytics to executive management including Executive Leadership Team, P&L Leaders and Product Heads
- A track record of developing, implementing, and maintaining effective solutions in the exposure management space
- Thorough working knowledge of processes and procedures in respect of catastrophe modelling systems
- Knowledge and experience with modelling, data and tracking exposure platforms such as Sequel impact, Praedicat, Skytek, Orchestra etc. is preferred
- Depth of understanding of appropriate classes of insurance; experience in non-modelled lines of business and Realistic Disaster Scenario (RDS) modelling is preferred
- Demonstrable skills with analytic tools, technologies and SQL programming; an additional programming language (R/Python/VBA) would be a bonus
- Experience working within a regulated company (PRA/FCA) with a solid understanding of Lloyd's and regulatory compliance requirements
- The ability to collaborate and develop trusted working relationships with stakeholders and other team members
- Effective time management skills and a willingness to work on multiple projects with multiple stakeholders, in a rapidly changing environment
- A keen focus on accuracy, timeliness, and attention to detail
- Strong analytical, quantitative and problem-solving skills
Responsibilities
- Deliver the Exposure Management strategy for SiriusPoint Group and all legal entities, including SIMA
- Oversee Exposure Management data capture, aggregations, concentrations of risk and reporting procedures
- Lead on the development of exposure management processes and tools for new and existing lines of business
- Provide information, insights, and analytics to the business on an individual risk and portfolio basis
- Monitor accumulation risk against Group and legal entity limits and thresholds
- Develop, champion and continuously improve the Exposure Management framework, including all policies, procedures and process documentation
- Provide exposure management feeds and validation for the Group and Syndicate Capital Models
- Deliver relevant exposure management reports, including Lloyd's and regulatory returns, reports to relevant committees, the Board, and third parties
- Respond to any inquiries from regulators and rating agencies
- Represent the Exposure Management function internally and externally at appropriate committees and forums
- Maintain minimum standards (RIO) for SIMA Syndicate 1945 in respect of Exposure Management