London & Bermuda

Permanent role

Convex is a newly formed international specialty insurer and reinsurer founded by Stephen Catlin and Paul Brand. With operations in London and Bermuda, Convex occupies a unique position in the insurance industry combining unrivalled experience, reputation and a legacy-free balance sheet.

Modern. Open. Inspired. Joyful

From the words our people use to describe us, it’s clear that we’re different. Convex is a stimulating environment in which experts in their fields work together to challenge the status quo. That’s why everything about working at Convex – from the culture we create to the equipment we provide – feels uniquely Convex.If it sounds like somewhere you’d thrive, we’d love you to apply to our 12 month Graduate Programme.

What we offer

We value the well-being of our people and have developed a package that reflects what’s important to our graduates. We offer a 12-month graduate programme with the opportunity to develop a long term rewarding and exciting career at Convex. Competitive salary dependent on location (London / Bermuda) with a discretionary annual bonus scheme.Generous benefits that promote your overall well-being including 30 days annual leave (plus a day off for your birthday), regular health checks and mental health support. We also offer our graduates a voucher (clothing or Amazon, whatever you prefer!), mentoring opportunities, ACII or equivalent support and a wealth of development opportunities. On top of all this, we promote a healthy work-life balance by offering agile working, flexible working and a range of policies to support health and wellbeing. It all helps to create a positive work environment for our people.

Discover your opportunity

We have graduate opportunities available in each of our key business areas. We know all our graduate roles sound amazing, but please only apply for a maximum of two graduate positions. Closing date for applications 15th January

Roles

Insurance Underwriting
London – Apply here

Reinsurance Underwriting
London – Apply here
Bermuda – Apply here

Audit
London – Apply here

Operations
London – Apply here

Claims
London – Apply here

Finance
London – Apply here

Portfolio Optimisation
London – Apply here
Bermuda – Apply here

Data
London – Apply here

Risk Management
London – Apply here

Compliance
London – Apply here

The People Team
London – Apply here

Marketing
London – Apply here

Actuarial
London – Apply here

Dan Curran

Head of Casualty

The sea change in the market is being driven by both deteriorating attritional loss ratios and significant single risk losses. Claims severity/social inflation are impacting programme towers with many insureds/brokers now finding it increasingly difficult to fill large towers of capacity. Given the long tail nature of the business it is hard to see that poor performance will be restricted to one single accident year and so the expectation is that rate hardening will continue into and potentially beyond 2020.

Although I joined Catlin when it was a small business, this is my first opportunity to help build something from the very beginning. Given the calibre of people at Convex, I am extremely excited and feel privileged to be part of this new insurance company of the future.

As a new business we can focus efforts on looking forward – rather than back – and concentrate on building a product offering; individual to our clients’ needs without the collective responsibility of historical performance.

With a strong focus and significant investment in obtaining quality data and utilising it effectively, we believe we can accurately price risk. We also aim to minimise costs through Convex’s flexible structure which concentrates its expenditure on underwriting talent, claims capability and data analytics, in order to provide a reliable and sustainable service offering, tailored to client needs. Convex is backed by long-term capital, making us a dependable, enduring insurance partner for our clients, throughout the underwriting cycle.

Who we do business with

We are open to all types of clients: from the heavily risk managed businesses, to those that are growing and want to assume more of their own risk.

Whether the prospective clients are single territory or large multinational business we have the expertise to offer the right solution.

What about our new product ?

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