Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Support underwriters with catastrophe modelling for natural and man-made risks.
- Company: Join AXIS Capital, a leader in specialty lines insurance and reinsurance.
- Benefits: Enjoy a welcoming culture, flexible work arrangements, and opportunities for growth.
- Why this job: Be part of a top-tier team making a real impact in risk management.
- Qualifications: Graduate degree, strong analytical skills, and proficiency in Excel required.
- Other info: Office presence needed 3 days a week; inclusive hiring practices.
The predicted salary is between 28800 - 48000 £ per year.
This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry.
At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.
All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.
How does this role contribute to our collective success?
The successful candidate will provide natural and man-made catastrophe modelling support to the property insurance underwriters. This includes quote pricing for new and renewal business, as well as helping to roll up the portfolio of written accounts. This mainly covers Earthquake, Hurricane, Winterstorm, Tornado, Flooding, Wildfire and Terrorism.
The candidate will work with our 3rd party modelling outsourcer, to ensure data accuracy, timeliness, and reliability. They will also work with Our View of Risk team to ensure the catastrophe model we use (Verisk Touchstone) accurately reflects the risk Axis is exposed to.
They will also ensure the best practice and procedures, for entering and maintaining property exposure data are robust, scalable, and effective.
What will you do in this role?
Work closely with the Underwriters to ensure all quotes are prioritised accordingly, and that their needs are met.
Ensure an appropriate Audit and Review process is in place regarding quote and written accounts; Ensuring the Annual Average Loss and Exceedance Probability (EP) Curves for high profile accounts are in line with Underwriter expectations.
Where necessary deep dive any unexpected or anomalous modelled results and present your findings back to them. This could involve a location level review, the application of financial terms, or how the Catastrophe model is interpreting the data.
Liaise with our 3rd party modelling outsourcer to ensure data cleansing and modelling Turn-Around-Time, and Service Level Agreements are being met. Best Practice and Processes need updating as appropriate.
Portfolio Review and Sign Off
Post Event Loss estimates
Work across multiple lines of business: Marine, Construction, Renewable Energy, Offshore Energy, Property, Terrorism and Delegated Underwriting Authority
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
What you need to have:
Bachelor\’s degree or higher in a business related or quantitative field
Excellent numeracy skills, organization skills with attention to detail
Excellent written verbal and communication skills
Microsoft Office skill set essential, particularly Excel
What we prefer you to have:
Experience using SQL or alternative database language
R Studio / Python
Knowledge or interest in meteorology, seismology, natural and political science, as it relates to the insurance industry
Role Factors:
In this role, you will typically be required to be in your designated office at least 3 days per week.
Catastrophe Modelling Analyst employer: AXIS Capital
Contact Detail:
AXIS Capital Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Catastrophe Modelling Analyst
✨Tip Number 1
Familiarise yourself with catastrophe modelling tools and software. Understanding how to use SQL, R Studio, or Python can give you a significant edge, as these skills are highly valued in the role.
✨Tip Number 2
Network with professionals in the insurance and reinsurance industry. Attend relevant events or join online forums to connect with people who work in catastrophe modelling or underwriting, as they can provide insights and potentially refer you.
✨Tip Number 3
Stay updated on current events related to natural disasters and risk management. Being knowledgeable about recent incidents can help you demonstrate your understanding of the field during interviews.
✨Tip Number 4
Prepare to discuss your analytical skills and attention to detail. Be ready to share examples from your past experiences where you successfully managed multiple tasks or solved complex problems, as these are crucial for the role.
We think you need these skills to ace Catastrophe Modelling Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Catastrophe Modelling Analyst role. Emphasise your analytical abilities, proficiency in Excel, and any experience with SQL or programming languages like R or Python.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for catastrophe modelling and your understanding of the insurance industry. Mention specific experiences that demonstrate your analytical skills and ability to collaborate with underwriters.
Highlight Relevant Projects: If you have worked on projects related to risk assessment or data analysis, be sure to include these in your application. Describe your role, the tools you used, and the outcomes of the projects to illustrate your capabilities.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects attention to detail, which is crucial for the role of a Catastrophe Modelling Analyst.
How to prepare for a job interview at AXIS Capital
✨Understand the Role
Make sure you thoroughly understand the responsibilities of a Catastrophe Modelling Analyst. Familiarise yourself with key concepts like catastrophe modelling, risk assessment, and the specific natural and man-made risks mentioned in the job description.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical and numeracy skills in detail. Be ready to provide examples of how you've used these skills in previous roles, especially in relation to data accuracy and model outputs.
✨Familiarity with Tools
Brush up on your proficiency in Microsoft Excel, particularly with functions like Pivot tables, IF, and VLOOKUP. If you have experience with SQL or programming languages like R or Python, be prepared to discuss how you've applied these in your work.
✨Communication is Key
Since the role involves collaboration with underwriters and third-party providers, practice articulating your thoughts clearly. Prepare to explain complex modelling results in a way that is understandable to non-technical stakeholders.
