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Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.
To provide exposure analysis including data manipulation & pricing for underwriting and strategic decision-making.
Responsibilities
- Assist in the production of account pricing and portfolio impact from manipulating raw data to running the appropriate RMS models.
- Respond to ad-hoc requests from Underwriters with respect to the impact of individual accounts on the Company’s risk appetite and RDS position.
- Provide feedback to underwriting teams on the quality of analysis to include the accuracy and completeness of data entry into the catastrophe model, pricing assumptions and reliability of the model.
- Develop technical expertise in using RMS, Sequel Impact and be able to model reinsurance to provide gross and net perspectives.
- Identify and communicate training or resource gaps to management.
- Promote team working and develop a strong team with a clear culture and identity.
- Ensure that all staff operate within the standards outlined in the Group and Company policies.
- Ensure that all accounts are contract certain.
- Oversee that all suspicions of financial crime are reported to the Money Laundering Reporting Officer immediately.
- Ensure that everyone complies with the Company’s standards for Treating Customers Fairly.
- Ensure that potential Conflicts of Interest are properly managed in order to avoid disrepute to the Company’s integrity.
- Monitor the immediate reporting of complaints to Compliance.
Performance measures
- Accuracy of timely information – Management Information, CAT Modelling Output.
- Feedback from internal and external stakeholders on service delivery and knowledge of their specific business needs.
- Commitment to furthering technical knowledge and understanding.
- Complete, timely and effective Compass records.
About you
Experience
- 6 months’ experience;
- Lloyd’s, London Market and Insurance Company processing arrangements for premiums and claims;
- Lloyd’s Franchise Board standards;
- FCA/PRA regulatory framework;
- Pricing and modelling;
- Solvency II principles and Capital Adequacy;
- Underwriting manual;
- Pricing/Rating tools; and
- Reinsurance practices.
Skills
- Analytical and problem solving skills;
- Negotiation, judgment and decision making ability;
- Business development and marketing skills;
- Advanced numeracy;
- Professional business writing and presentation skills;
- Team and individual management skills and practices;
- Technical coaching/training skills; and
- Knowledge of Commercial Property and/or Onshore Energy Insurance.
Systems & I.T
- MS Office – Excel (intermediate), Word and Outlook;
- Eclipse;
- Rms;
- Salesforce;
- SQL (desirable but not essential);
- VBA (desirable but not essential); and
- Statutory Reporting Tools.
Qualifications
- Relevant A-Level results or an Undergraduate Degree; Geography, Maths or Business based subjects would be desirable.
About us
Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.
We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.
