Description : Head of Exposure Management . Company : Direct Line . Location : London - 4 hours ago
Job description:
Remote: Hybrid
About us
At Direct Line Group, we're not your typical insurance company. We believe that every individual has a unique role to play in managing risk effectively. As the Head of Exposure Management, you will be at the forefront of our mission to assess and quantify physical risks, ensuring our customers and shareholders are well protected.
Reporting directly to the Director of Capital Management, you'll contribute to the leadership of the Capital Management and Finance Extended Leadership Team. Your role covers all underwriting of the Group and is responsible for the production of catastrophe modelling output; ensuring that catastrophe models reflect the risks to which DLG is exposed.
Join us and become the subject matter expert responsible for communicating and mitigating weather and natural event risks.
What you'll be doing:
What you'll need:
You'll be experienced in the insurance industry, working in catastrophe modelling and/or exposure management with robust knowledge of RMS RiskLink, AIR CatTrader, JBA, or similar catastrophe models.
You'll need to be an effective people leader, and be able to engage team members through empowerment, coaching, and encouragement.
You'll have great project management skills, and be able to deliver real business change, working closely with colleagues across the organisation up to executive level.
Ways of Working
Our mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. You'll spend some of your time working from our new London Riverbank House office, and the rest of your time based at home.
Read our flexible working approach here.
Benefits
We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:
Being yourself
Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.
We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.
#LI-Hyrbid #LI-AC1
At Direct Line Group, we're not your typical insurance company. We believe that every individual has a unique role to play in managing risk effectively. As the Head of Exposure Management, you will be at the forefront of our mission to assess and quantify physical risks, ensuring our customers and shareholders are well protected.
Reporting directly to the Director of Capital Management, you'll contribute to the leadership of the Capital Management and Finance Extended Leadership Team. Your role covers all underwriting of the Group and is responsible for the production of catastrophe modelling output; ensuring that catastrophe models reflect the risks to which DLG is exposed.
Join us and become the subject matter expert responsible for communicating and mitigating weather and natural event risks.
What you'll be doing:
- Lead the technical assessment and development of catastrophe models and weather event models. Take charge of the catastrophe modelling assessment framework and its implementation.
- Lead the quantification and understanding of climate change on our physical risks.
- Communicate key assumptions and developments related to catastrophe and weather models across the organisation. Ensure that all key users understand how to apply these models effectively.
- Provide regular reporting on exposure management and catastrophe risk to support business decision-making. Collaborate with key stakeholders to ensure suitability of the reporting.
- Manage the business-as-usual operation and contribute to the development of various Internal Economic Capital Model components, including catastrophe, catastrophe reinsurance, weather, subsidence, and freeze.
- Offer recommendations on the appropriate level of catastrophe burn cost assumptions for financial forecasts and pricing models.
- Take on the people management role, overseeing analysts and contributing to the leadership of the Capital Management and Finance Extended Leadership Team.
- Ensure compliance with the Internal Model Policy and Minimum Standards, especially regarding external models and data.
- Analyse liquidity requirements for the Group to inform our asset management approach.
- Oversee the production of sensitivity scenarios published in the Group's external reporting.
What you'll need:
You'll be experienced in the insurance industry, working in catastrophe modelling and/or exposure management with robust knowledge of RMS RiskLink, AIR CatTrader, JBA, or similar catastrophe models.
You'll need to be an effective people leader, and be able to engage team members through empowerment, coaching, and encouragement.
You'll have great project management skills, and be able to deliver real business change, working closely with colleagues across the organisation up to executive level.
Ways of Working
Our mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. You'll spend some of your time working from our new London Riverbank House office, and the rest of your time based at home.
Read our flexible working approach here.
Benefits
We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:
- 9% employer contributed pension
- 50% off home, motor and pet insurance plus free travel insurance and Green Flag breakdown cover
- Annual bonus of up to 20%
- EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way.
- 30 days annual leave
- Buy as you earn share scheme
- Employee discounts and cashback
- Plus many more
Being yourself
Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.
We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team who will be happy to support you.
#LI-Hyrbid #LI-AC1
