Job Description

Date:

Apr 25, 2025

Location:

London, GB, EC3M 3BD

Company:

Aspen Insurance


Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.


We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.


Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

The Role

This is an important role assisting the Exposure Management Manager to support Aspen's exposure management capabilities within man-made cat. Analysing risk information and developing insights for insurance and reinsurance for internal and external reporting. For this role, exposure management refers to the management of risk accumulations from a wide range of man-made perils to which Aspen may be exposed, including (but not limited to) casualty, cyber, terror and others. Our Aspen Values are expected to be reflected in the delivery and performance of every role.




The Exposure Management Reporting Manager is responsible for the completion and submission of all regulatory and agency reporting and submissions for the team. This role involves managing the reporting timetable for both internal and external reporting, ensuring that all necessary data inputs are available. Additionally, the manager completes management review and approval processes, ensuring that movements are understood and rationalized. As a subject matter expert on all reporting, the manager provides guidance and interpretation as required. The role also includes actively contributing to methodologies and views of risk to ensure regulatory expectations are met. Furthermore, the manager owns and maintains the man-made Principles Based Oversight for the Syndicate entity, and updates and maintains Exposure Management policies, procedures, and frameworks.

Key Accountabilities

Strategy and Planning

Actively contributes to functional strategy development Arranges own work priorities and activities in line with agreed plans to ensure the achievement of personal and team objectives. Develops strategy for their responsible lines of business aligned with the functional strategy

Policy, Process and Procedures

Comply with external and internal frameworks, policies, procedures, and regulations Promotion of Exposure Management best practice in all areas of work Working towards becoming a subject matter expert in assigned lines of business by pro-actively working closely with Underwriting, Risk and other Exposure Management Analysts Working towards becoming a subject matter expert in Exposure Management regulatory oversight and submissions.

Environmental Awareness/Customer Focus

Liaise closely with Underwriting teams on key exposure management issues Develop relationships with key stakeholders as required Identify potential value-add reports and processes to Underwriting and Management Ensure appropriate and timely communication on Exposure Management to relevant Underwriters Assist other departments in understanding exposures and implementing new frameworks or regulatory requirements

Technical Performance

Run established BAU processes utilising SQL, Excel and Python Independently identify and implement improvements to existing reporting processes Adapt and develop processes to respond to new requests and regulatory requirements, internal and external Support EM Manager to identify and work to resolve limitations in Aspen's man-made views of risk/accumulation models and approaches Pro-actively engage on the development of the Exposure Management datamart (SQL), embedding knowledge into the data processes with manager support Understand and opine on data flows into Exposure Management, taking steps to ensure data is appropriately used by the team Interrogate SQL database to inform responses to stakeholders Provide ad-hoc data and analysis to manager requests Ensure compliance with regulatory submissions within personal remit Own netting down process for quarterly and regulatory reporting

Knowledge, Skills & Experience

Knowledge of key regulatory reports and submissions, notably Lloyd's RDS and supplementary and BMA's BSCR Knowledge of regulatory minimum standards and expectations Experience completing and submitting key returns (RDS preferred) Experience developing processes and approaches to new regulatory requests Experience managing multiple workstreams Experience managing multiple deadlines Exposure management/cat modelling/actuarial experience is a must Understanding of Insurance and Reinsurance Understanding of key man-made lines of business Strong and proficient MS Excel skills (pivot tables, xlookups) Data manipulation skills (SQL and Python ideal)

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate. We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.