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After over a decade of involvement in the space industry, I have extensive experience in areas related to the financial and commercial aspects of the sector. Following six years working in the satellite insurance sector, I followed this with a stint engaged in economic analysis relating to space systems such as GNSS and related applications. One of my strong suits is in communicating complex engineering and financial matters to both technical and non-technical audiences, whether that be to business decision makers, key institutional stakeholders, members of the insurance broking community, or to wider public bodies. My experience to date has demonstrated by capability to meet tight deadlines, work under pressure and deliver when it matters. I see myself as a team player, however I am also capable of striking out under my own initiative to deliver when working independently.I am interested in connecting/speaking with those who share my passion for the space industry, particularly relating to insurance, SST/SSA and orbital debris mitigation efforts, or infrastructure developments enabling sustainable economic growth of the space economy.
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Space Client AdvocateVivet LimitedLondon, Gb -
Commercial ManagerIn-Space Missions Limited Sep 2021 - PresentAlton, England, United KingdomManagement of commercial operations of smallsat manufacturer offering 'Satellite as a Service' to help customers get access to space quickly and efficiently.- Preparing and reviewing commercial terms and proposals- Commercial bid support for sales pipeline- Onerous Terms review and Merger Undertaking reporting- Developed company procurement and commercial review processes- Business unit insurance requirements assessment- Creation, editing and negotiation of NDAs/supplier agreements/other commercial terms- Contractor onboarding and ongoing tasking management (Framework Agreement, Call off contracts etc.)- Liaison with wider BAE Systems Digital Intelligence Commercial function and implementation of Group Policies. - Engagement in UKSA consultation on variable liability limits for orbital operations.- SC clearedAlso formerly responsible for company procurement and supply chain management until refocusing of role in early 2023:- Subcontractor and stakeholder management- Oversight of company supply chain management, procurement of hardware for smallsat missions (studying CIPS level 4), facilitating new supplier engagements- Facilitating integration activities for commercial and procurement functions with wider BAE Systems Group -
Economic Consultant, SpaceLondon Economics Ltd Feb 2018 - Sep 2021London, United KingdomProviding economic consulting services to the space industry: - As part of coordinating role for consortium of contractors, contributed content to GSA (European Global Navigation Satellite Systems Agency/now EUSPA) GNSS Market Report Issue 6- Contributing author to study on analysis of NewSpace sector with focus upon implications for space insurance market for Lloyd's- Co-author of study for the UKSA examining the future growth of the commercial SST/SSA market, published summer 2020- Assessment of downstream space industry applications, such as proliferation of GNSS utilisation- Advanced Excel modelling of space industry and relevant applications- Detailed financial assessments at a per company level and scaling up to industrywide analysis
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Principal Underwriting Performance AnalystDirect Line Group Apr 2017 - Feb 2018London, United KingdomAssessing new vehicle technology risk and monitoring mix of underwriting business via use of tools such as Excel, Qlik Sense, SAS -
Career BreakCareer Break Sep 2015 - Aug 2016Se Asia, China, IndiaIndependent solo travel for enriched life experiences
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Director Of SpaceSciemus Nov 2014 - Aug 2015London, United Kingdom- Responsible for profitability of Space department- Lead Underwriter for MGA Space account- Primary Technical Consultant to AIG Europe- Creating annual plans ahead of new underwriting year- Management of underwriting team
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Space UnderwriterSciemus May 2011 - Oct 2014London, United Kingdom- Expansion of previous role with more commercial focus- Lead technical analyst of a small but highly successful space insurance underwriting team, generating over $50m NWP in the previous four underwriting years (primarily in-orbit only) at extremely healthy loss ratios- Space consultant to AIG Europe advising on technical risks associated with all launch and in-orbit business, including innovative launch + ten years in-orbit cover- Played a key role in development of launch + ten years product- Responsible for determining expected loss for individual risks through to entire fleets of spacecraft, which is then used to determine acceptability of risks and pricing. Analyses of policies with multiple layers, gap coverage, fixed indemnity periods etc.- Placement of direct space risks within MGA framework- Conducting Claims Reviews, in some cases in-depth analyses of complex loss scenarios- Facultative Risk Reviews and Portfolio Analyses for various insurers, including assessment of expected loss distributions and run offs to facilitate reinsurance provisions- Assisting with creation of annual plans ahead of new underwriting year- Attending technical industry presentations and conferences in the UK and abroad. Maintaining and developing client relations- Reviewing policy wordings and negotiating changes with brokers- Lloyds RDS modelling
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Space Technical OfficerSciemus Oct 2009 - May 2011Farnborough, United Kingdom- Primarily support for space underwriters- Performing risk analyses of spacecraft for insurance purposes and bespoke modelling of non-standard risks using tools such as stochastic Excel simulations- Internal and external financial reporting and data management. Producing monthly bordereaux and maintaining extensive records of satellite technical data and insurance KPIs.- Managing supplier relationship with major international aerospace & defence company. Raising specific tasking and liaising with their space team to maintain the fidelity of a world leading satellite database and risk assessment tool.- Responding to requests from insurance partners and brokers. Forwarding slips and wordings to carriers and returning signed policies to brokers
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Data Analyst/CoderMorris Hargreaves Mcintyre Jan 2008 - Oct 2008Manchester, United Kingdom- Producing quarterly and monthly data outputs for various museums, art galleries and cultural events- Responsible for implementing new coding system and updating and evolving process as necessary- Building SNAP databases and ensuring quality and accuracy of data- Responsible for updating and creating new surveys and examining for errors in minute detail
Nick Oswald Skills
Nick Oswald Education Details
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Astronautics & Space Engineering -
Mathematics
Frequently Asked Questions about Nick Oswald
What company does Nick Oswald work for?
Nick Oswald works for Vivet Limited
What is Nick Oswald's role at the current company?
Nick Oswald's current role is Space Client Advocate.
What is Nick Oswald's email address?
Nick Oswald's email address is ni****@****l.co.uk
What is Nick Oswald's direct phone number?
Nick Oswald's direct phone number is +49 221 2*****
What schools did Nick Oswald attend?
Nick Oswald attended Cranfield University, Imperial College London.
What skills is Nick Oswald known for?
Nick Oswald has skills like Underwriting, Data Analysis, Satellite, Risk Management, Project Management, Insurance, Business Strategy, Microsoft Excel, Insurance Risk, Analysis, Reinsurance, Management.
Who are Nick Oswald's colleagues?
Nick Oswald's colleagues are Alex D., Alain Vivet.
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Nick Oswald
Greater Edinburgh Area2bitesizebio.com, catalytic-content.com -
1cranfield.ac.uk
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2hdtglobal.co.uk, airborne-sys.com
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