Climate Risk Specialist - London, United Kingdom - Beazley

Beazley

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job description and person specification

Job Title:
Climate Risk Specialist

Division:
General Management

Reports To:
Head of Financial Climate Risk

Key Relationships:
Exposure Management Team, Underwriters, Actuaries, Responsible Business Team, Risk Management.

Key Responsibilities

Support the Head of Financial Climate Risk to implement Beazley's climate risk strategy and management actions including through liaising with and coordinating the work of relevant teams.
Assist with developing and implementing climate scenario analysis, including both physical risk and liability risk scenarios.
Assist with integrating climate risk into underwriting process, e.g. developing and implementing climate change underwriting metrics, and underwriting risk assessment questions.
Work closely with Responsible Business team on climate disclosures, e.g. TCFD (Task Force on Climate-Related Financial Disclosures).
Assist with climate financial regulatory returns, e.g. PRA CBES and future version or global iterations.
Assist with developing climate risk trainings
Establish and maintain external network of market peers and experts
Regulatory relationship engagement

General

It is important that within all your interactions both internally and externally you adhere to Beazley's core values - Being Bold, Striving for Better, and Doing the Right Thing - as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers.

We also expect Beazley employees to**:

Comply with Beazley procedures, policies and regulations including the code of conduct.
Display business ethics that uphold the interests of all our customers.
Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.

Personal Specification:

Skills & Abilities

Accurate and numerate
Strong analytical skills with attention to detail
Ability to communicate effectively with various stakeholders, both verbally and in writing
Ability to manage time, meet deadlines and prioritise
Team worker as well as able to work on own initiative
General commercial and financial knowledge

Knowledge & Experience

Insurance experience
Experience with Climate Risk
Knowledge of risk management tools and disciplines
Understanding of climate risk & natural catastrophe models and concepts.
Knowledge of climate liability risk desirable
Knowledge of regulatory requirements on climate risk desirable
Experience with climate risk scenario analysis and stress testing desirable

Aptitude & Disposition

Outcome focused, selfmotivated, flexible and enthusiastic
Sees solutions not problems
Interested in understanding and helping others
Professional approach to successfully interact with senior management/colleagues/external suppliers

Competencies