Job Type:
Permanent Location:
UK, London Time Type:
Full time Posted on:
Posted 2 Days Ago Job Requisition ID:
R0016195 Build a brilliant future with Hiscox Natural Catastrophe Peril Lead Reporting to the Head of Exposure Management London based with Hybrid (min 2 days in the office) In this role you will be responsible for understanding and communicating our natural catastrophe exposures. You’ll have a rich understanding of the perils we are exposed to and the exposures that we have which give rise to a loss. To deliver this you will lead our research agenda and oversee the regular roll up of our results. Focusing on the most material risks, you will be responsible for shaping the Hiscox View of Risk in this area and redeploying this through catastrophe models. You’ll have ownership over the research agenda, prioritising in conjunction with senior management and the business units. The team: The Group Exposure Management team are part of the Group Underwriting Risk & Reinsurance team who are responsible for ensuring our largest risks are identified, understood, measured, priced and hedged effectively. The team of 30 report into the Director of Underwriting Risk & Reinsurance, who reports to the Group CUO. The team’s goals are: Ensure catastrophe exposures are understood, measured, and communicated and are in line with internal and external appetites – no surprises Ensure best practice in risk modelling and compliance with regulatory requirements Meet internal committee, regulatory, and rating agency reporting requirements Support reinsurance purchase Provide inputs to other internal teams – Risk/Capital Key responsibilities: Lead on identifying which Nat Cat risks are relevant to Hiscox, deliver strategies for managing those accumulations Build a deep understanding of our exposures, where we have concentrations of risk, and where we are concerned about the risk of private catastrophes. Ensure that exposure plans are well understood and communicated Engage with regulators and help to shape future regulatory requirements Deliver the Hiscox View of Risk in this area, ensuring we remain within the catastrophe risk appetite, educating the business units to ensure they underwrite within this. Improve and evolve the processes by which we deploy this. Present externally to potential investors and analysts, confidently articulating our research activity Propose research agenda to senior management, using influence to gain buy in Build strong stakeholder relationships with the reinsurance research analytics team, Business Unit CUOs, and senior management Represent the group research function internally to business units and risk committees, linking the science to business activity Define priorities for the team in terms of risks to be analysed Provide thought leadership on topics relating to climate change Person Specification Experience of Exposure Management/catastrophe modelling Exemplary research skills, with a PhD in a scientific field preferred Depth of knowledge of risk landscape in which we operate from a natural catastrophe perspective Ability to accurately identify what emerging Nat Cat risks are relevant, and utilise research to shape the related Hiscox view of risk Excellent influencing, relationship building and stakeholder management skills, ensuring the view of risk is disseminated to business units About Hiscox We embrace hybrid-working practices, balancing the ability to work remotely with the culture and energy we experience when we are face-to-face in our offices. Our focus on collaboration and cross-functional working is supported with virtual tools that minimise physical travel, hot-desking neighbourhoods that create a physical sense of community and Team Charters that our teams co-create to set out how they’ll work together. This modern way of working has contributed to impressive employee engagement scores across Hiscox and means we’re delivering even better solutions for our Hiscox Colleagues. Diversity and flexible working at Hiscox At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn’t always have to be ‘nine to five’ and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role. You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance) #LI-AS1 #LI-Hybrid Work with amazing people and be part of a unique culture Why work here?
If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us. Get in touch
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We’re a global, specialist insurer headquartered in Bermuda and listed on the London Stock Exchange. With 3,000 employees and 32 offices in 12 countries we’re a business with lots of opportunity for people with talent, spark and lots of ambition. If you want to build a great career with a company that prioritises strong values – such as integrity and courage – where our people always pull together to do the right thing for each other and our customers, then we’d love to hear from you.
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