An exciting opportunity has arisen in our London office for a Senior Exposure Manager to be a part of our Commercial Technical Underwriting (CTU) team within the general insurance (GI) business area. We are actively recruiting for the position to focus on developing our exposure management capability as the business grows both in the UK and overseas.

CTU is comprised of technical subject matter experts - including Pricing, Technical Underwriting, Exposure Management and Reinsurance - across all Commercial Lines of Business. The team is central and integral to many projects within Aviva and has broad interactions across the business including Global Corporate and SME Underwriting, Claims, Risk, Actuarial, Finance, Operations and externally with, modelling companies, brokers and industry bodies.

This role could be ideal for you if you are seeking a challenging and rewarding opportunity to grow and establish the exposure management function within Aviva! Historically this capability has been outsourced but we’ve decided to move forwards with the function internally and there is significant investment to support this transition, for example the implementation of a new dedicated exposure management system framework. We need your expert experience to continue this ambitious and meaningful journey to implement the processes and shape the functionality of the work/team.

The role is technical and requires a subject matter expert to lead the team and implement best practice exposure management capabilities for the UK GI business in conjunction with CTU, the outwards Reinsurance Team and Underwriting. The requirements for the position consist of the modelling and reporting of exposures underwritten by the UK business across many geographies and perils, to ensure that all risks are understood, and underwriting and pricing strategies are aligned to ensure compliance with risk appetite.

Experience across exposure management and catastrophe modelling are essential for the position.

Responsibilities in the role:

• Develop, implement and maintain the exposure management best practices to support pricing and capacity utilisation decisions at the point of underwriting, measure and monitor aggregating exposures (not limited to natural perils) and enhance our reporting capabilities and infrastructure (e.g. regular, ad-hoc, event monitoring)

• Maintain current knowledge of research updates in the field of catastrophe risk and emerging risk

• Lead and manage engagement with our external suppliers of modelling services

• Maintain current knowledge of model updates and technology improvements

• Collaborate and communicate across the business with various stakeholders to ensure the exposure management vision is achieved

• Provision of exposure data to support treaty placement and regulatory reporting

• Support initiatives to improve the quality and completeness of captured data

• Actively engage with the business to identify and implement efficiencies to processes and workflows and to improve on the quality of reporting

• Oversee delivery of periodic returns, including RDS, London Fire Brigade, Pool Re and other International peril returns

• Underwritten exposures are global in nature - collaboration is therefore required across Aviva internationally

Skills and experience we’re looking for:

• Proven experience of monitoring and controlling both natural and man-made catastrophe aggregations across a range of product lines

• Knowledgeable of corporate and specialty risk classes

• Ability to manage and prioritise multiple projects and requests

• Good communication skills, able to explain complex ideas or methods in a clear manner

• Ability to communicate effectively to a technical and non-technical audience

• Deep experience of the AIR catastrophe model platform desirable, though knowledge of other platforms will also be considered, such as RMS

• Good understanding of capital modelling process

• Experience with managing a team with the ability to coach and develop team members

• Computing skills with Excel and SQL

Desirable Skills:

• Experience with coding in R and/or Python

• A Bachelor’s degree or equivalent; preferably in a relevant subject area (e.g. natural hazards, engineering)

• Experience with modelling and reporting on aggregating events across many perils and regions including natural perils and man-made catastrophes

What will you get for this role?

• Competitive salary depending on location, skills, experience, and qualifications

• A generous defined contribution pension scheme

• Annual performance related bonus and pay review

• A holiday allowance of 29 days plus bank holidays and the option to buy/sell up to 5 additional days

• Up to 40% discount for some Aviva products through “My Aviva Extras” plus discounts for Friends and Family (some exclusions apply)

• Excellent range of flexible benefits to include a matching share save scheme

Working at Aviva

At Aviva, we’re people with a purpose. To be with you today, for a better tomorrow.

We bring this to life by ensuring risk handling is at the heart of the way we all work. We love people who do the right thing for our customers, and our colleagues. We want people who speak up, who take ownership, and who make good decisions.

The way we do this is important too. We always ‘Care More’. It’s our thing. We’re all about our people – that’s you – so we can be pretty flexible. If you want to work from home some of the time or change your hours so you can pick up your kids or care for someone in your family, we’re very open to that. In fact, we don’t advertise roles as either part or full time, because we know each person has different needs, just as each business area has different needs. So, it’s up to you to discuss working hours during your interview.

We care deeply about being inclusive and that means we encourage applications from people with a diverse group of backgrounds and experiences. We want our employees to bring their whole self to work and that starts with you.

We interview every disabled applicant* that meets the minimum criteria for the job. Once you’ve applied, please send us a separate email stating that you have a disclosed disability, and we’ll make sure we interview you.

We’d love it if you could submit your application online. If you require an alternative method of applying, please give Lacey Lane Mckoy a call on 0207 255 0884 or send an email to lacey.lane-mckoy@aviva.com

*As defined in The Equality Act 2010*. By ‘minimum criteria’ we mean you should provide us with evidence which demonstrates that you generally meet the level of competence required and have the qualifications, skills or experience defined as essential to perform the role.