Careers – Catastrophe Analyst

JOB SPECIFICATION

LOCATION: LONDON

SUMMARY

As Catastrophe Analyst, you will assist and support the Exposure Management team in relation to our exposure monitoring processes for a number of lines of business.

The role will be working with Underwriting, Actuarial and Risk on a daily basis and covers the following areas of exposure management work: data manipulation, quality control, catastrophe modelling, analysis and reporting.

KEY RESPONSIBILITIES 

Catastrophe Modelling and Analysis
  • Work within the Exposure Management team to accurately and timely capture policies in the catastrophe modelling software (RMS) to support the underwriters in pricing of natural catastrophe risk.
  • Have responsibility for syndicate class portfolio roll-up, analysis, interpretation, justification and MI reporting
  • Synthesis, presentation and explanation of catastrophe modelling results to underwriters
  • Maintaining exposure databases and developing ongoing validation to ensure reliability and fidelity with UW platform
  • Assist in developing tools, processes and modelling approaches to facilitate analysis and MI for Underwriting
  • Assist in production of pre- and post event Neon exposure and loss analysis
  • Assist in the reporting of probabilistic losses, internal and external regulatory reports and ad-hoc requests
  • Assist in conducting vendor model validation when required
  • Assist in development of modelling policy documentation, tolerances and SLAs with third party vendors
Data Manipulation and Quality Control
  • Manage BAU workflow and priorities while ensuring quality control is maintained from our outsourcing partners
  • Assisting in ensuring consistent high data quality across multiple lines of business
  • Manipulating and cleansing underwriting aggregate data across multiple classes of business when necessary
Leadership
  • Develop and communicate a clearly defined vision for area of responsibility and be able to link this to company strategy
  • Embrace business change and challenge status quo processes
Risk Management
  • Accountable for the effective management of owned risks or controls as detailed in the company’s Risk Framework
  • Work with manager to ensure that risks associated with own role are understood and managed
  • Assist in identifying and implementing processes to control risks particularly with own role
  • Responsible for reporting any existing or new risks, as well as significant control failings/weaknesses or events that may aris

Competencies

  • Highly numerate
  • Strong analytical and problem solving skills, with the ability to process and understand data quickly and creatively
  • Proactive, inquisitive and organised with a strong attention to detail
  • Ability to meet deadlines while working as an individual or within a team
  • Excellent interpersonal and written communication skills
  • Computer literacy, including advanced knowledge of Microsoft Office (Word, Excel, Outlook, PowerPoint) and Windows familiarity
  • Knowledge of various other software packages such as SQL, VBA, or other programming languages is desirable but not essential

Qualifications & Experience

  • GCSE Maths grade A-C
  • A-Level Maths and/or ITC would be advantageous
  • 2:1 degree or higher in an analytical field would be preferred (e.g. Mathematics, Engineering, Business, Economics, Geography, Computer Science)
  • At least 3 years’ experience in London/Global insurance markets and working knowledge of Exposure Management function
  • Excellent working knowledge and 2 years’ experience of at least one catastrophe vendor model (preferably RMS)
  • Solid understanding of Catastrophe financial models
  • Experience of working alongside or managing outsourcing teams advantageous but not essential
  • Understanding of Reinsurance advantageous

 

APPLICATIONS

Please send a CV and cover letter to careers@neonuw.com 

 

 

 

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