Head of Specialty Exposure Management at Ascot Group in NJ

Head of Specialty Exposure Management

Location: NJ, United States

This is an opportunity to join Ascot Group - one of the world’s preeminent specialty risk underwriting organizations.

Designed as a modern-era company operating through an ecosystem of interconnected global operating platforms, we’re bound by a common mission and purpose. Our greatest strength is our talented colleagues, who flourish in a collaborative and entrepreneurial culture steeped in excellence, integrity, and a passion to find a better way., The Ascot Way.

The Ascot Way guides our people and our organization. Our underwriting platforms collaborate to find creative ways to deploy our capital in a true cross-product and cross-platform approach. These platforms work as one, deploying our capital creatively through our Client Centric, Risk Centric, and Technology Centric strategies.

Built to be resilient, Ascot offers clients leading financial security while delivering bespoke products and world class service — both pre- and post-claims. Ascot exists to solve our clients’ brightest tomorrow, through agility, collaboration, resilience, and discipline.

Ascot is embedding artificial intelligence (AI) and automation across the organization to enhance decision making, efficiency, and quality of outcomes. In this role, you will be expected to work confidently alongside AI-enabled tools, apply sound judgment when interpreting insights, and adapt as technology continues to evolve. We value curiosity, critical thinking, and a willingness to embrace change as part of how we work.

Position Overview:

Reporting to the Deputy Group Head of Exposure Management, the Head of Specialty Exposure Management, is responsible for ensuring completeness of the non-natural catastrophe and liability risk portfolio across all applicable Ascot lines of business. This role is responsible for managing the day to day work of a team of Exposure Management analysts, encompassing pre and post-bind modelling, portfolio production and all elements of reporting. This includes working closely with underwriting teams to optimize return on capacity as well as ensuring our models are sufficiently robust and appropriately validated.

This position provides an excellent opportunity for the candidate to lead the non-natural catastrophe modelling function within an insurance operation, to provide direction on analytics and future workflow plans, and work closely with senior members of a growing organization.

Responsibilities:

• Develop and maintain Ascot’s View of Risk for all non-natural catastrophe classes, ensuring a consistent, robust, and commercially relevant approach across applicable lines of business.
• Lead the Exposure Management team in day-to-day activities, including pre- and post-bind modelling, monthly portfolio production, and reporting on both gross and net of reinsurance positions.
• Partner closely with underwriting teams to optimize the deployment of exposure capacity on a risk-adjusted return basis.
• Manage relationships with outsourcing partners, particularly those supporting data capture, and ensure service delivery aligns with Ascot’s quality, accuracy, and timeliness expectations.
• Establish, maintain, and continuously improve data standards to support high-quality exposure management analysis and reporting.
• Own the completeness, accuracy, and integrity of exposure data, modelling outputs, and portfolio results.
• Prepare and present non-natural catastrophe exposure and modelled loss positions to the Exposure Management Committee, underwriting teams, and other senior stakeholders, with clear insight into portfolio movements, material drivers, and group-level implications.
• Lead regulatory reporting for relevant classes, ensuring submissions are accurate, timely, and completed in partnership with underwriting and senior management stakeholders.
• Serve as a key stakeholder in the use, enhancement, and future development of Exposure Management tools, platforms, and related projects.
• Expand advanced analytics capabilities to strengthen the Group Exposure Management function and improve the quality, speed, and relevance of portfolio insights.
• Contribute ideas and analytical insight to support the continual improvement of Ascot’s regulatory ratings and risk management outcomes.
• Drive the ongoing enhancement and streamlining of Exposure Management capabilities, processes, controls, and workflows.
• Identify opportunities to leverage AI, automation, and traditional development capabilities to improve non-natural catastrophe processes and analytical efficiency.
• Model The Ascot Way in every aspect of leadership by fostering an inclusive, collaborative, entrepreneurial, and accountable culture grounded in excellence, integrity, resilience, and a passion to find a better way.

Requirements:

• Bachelor’s degree required; a degree in a quantitative, actuarial, scientific, engineering, risk management, or related discipline is preferred.

• Minimum of 10 years of relevant experience in catastrophe modelling, exposure management, or portfolio analytics within the insurance or reinsurance industry.
• Demonstrated experience with Specialty lines, including Casualty, Professional Lines, Crisis Management, Marine, and other relevant non-natural catastrophe classes.
• Proven ability to lead, develop, and motivate teams while influencing colleagues and senior stakeholders within a matrixed organization.
• Deep technical knowledge of non-natural catastrophe exposure management techniques; experience with vendor and/or internally developed models is preferred.
• Strong technical proficiency with relevant exposure management, data, and analytics systems, including SQL and related tools.
• Strong understanding of non-natural catastrophe product lines, market dynamics, and emerging trends impacting specialty insurance portfolios.
• Excellent planning, prioritization, and organizational skills, with the ability to manage multiple deliverables and deadlines in a complex environment.
• Strong understanding of risk management and governance frameworks, including how exposure management contributes to portfolio oversight, controls, and decision making.
• Practical understanding of underwriting risk, discipline, processes, and the commercial considerations that inform risk selection and portfolio management.
• Ability to interpret, analyze, and clearly communicate model outputs, portfolio insights, and key risk drivers to technical and non-technical stakeholders.
• Strong numerical, data handling, and analytical skills, preferably supported by a relevant quantitative degree or equivalent professional experience.
• Strong understanding of AI, machine learning, predictive analytics, and data science applications within insurance, exposure management, and risk decisioning.

Compensation

Actual base pay could vary and may be above or below the listed range based on factors including but not limited to experience, subject matter expertise, and skills. The base pay is just one component of Ascot’s total compensation package for employees. Other rewards may include annual cash bonus, and other forms of discretionary compensation awarded by the Company.
Salary Range: $200,000 - $240,000

Company Benefits

The Company provides a competitive benefits package that includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Life Insurance, AD&D, Work/Life Resources (including Employee Assistance Program), and more.

Leave Benefits: Paid holidays, annual Paid Time Off (includes paid state /local paid leave where required), Short-term Disability, Long-term Disability, Other leaves (e.g., Bereavement, FMLA, Adoption, Maternity, Military, Primary & Non-Primary Caregiver) Retirement Benefits: Contributory Savings Plan (401k).

Please be aware that Ascot Group’s job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses, if you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy. We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group.

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