At a Glance
- Tasks: Manage catastrophe risk and support underwriting decisions with data-driven insights.
- Company: Join a leading firm in the Lloyd's and London Market.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Dynamic role with opportunities to enhance portfolio insight and efficiency.
- Why this job: Make a real impact on risk management and work with senior stakeholders.
- Qualifications: Experience in catastrophe modelling and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
The Senior Catastrophe Analyst is a key role within the Exposure Management team, with responsibility for portfolio‐level catastrophe risk oversight, model output review and senior stakeholder support. The role contributes directly to underwriting decision‐making, risk appetite monitoring and governance reporting, operating with a high degree of judgement and autonomy. The role includes ownership of portfolio roll‐ups for Marine and Energy, whilst supporting the ECM Natural Catastrophe Manager in preparing materials for senior governance forums including ECMG, RCC and regulatory or ad‐hoc management requests.
Key Responsibilities
- Produce and maintain portfolio‐level exposure and catastrophe loss views, including regular roll‐ups for Marine and Energy classes.
- Review, challenge and explain catastrophe model outputs, movements and key risk drivers across classes and at portfolio level.
- Ensure exposure data quality and governance, including clear documentation of assumptions, limitations and expert judgement.
- Monitor aggregate exposures against risk appetite, limits and tolerances, supporting escalation where appropriate.
- Perform and review catastrophe modelling analyses, prioritising work and communicating uncertainty and limitations clearly.
- Contribute to model validation, vendor reviews, sensitivity testing and back‐testing activities.
- Interpret slips and policy documentation to determine appropriate modelling assumptions, liaising with brokers and third parties where required.
- Support preparation of papers, analysis and commentary for ECMG, RCC and other senior committees.
- Contribute to Lloyd's and regulatory exposure reporting, including RDS, LCM and related returns.
- Support catastrophe response and post‐event activity, working with Underwriting, Claims and Actuarial to monitor actual versus modelled losses.
- Act as a senior technical reference point within the Exposure Management team, providing peer review and guidance to other analysts.
- Help develop tools, metrics and processes to enhance portfolio insight, data quality and efficiency.
- Comply with all applicable legal and regulatory requirements and ensure, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance.
- Attend market seminars to stay informed on market developments and best practice.
- Provide support to underwriters in non‐modelled classes of business.
- Assist with the optimisation of the portfolio.
- Manage the relationships with outsourcers where this relationship exists.
- May perform additional duties as assigned.
Skills, Knowledge & Abilities
- Proven experience in catastrophe modelling and exposure management, within the Lloyd's or London Market.
- Demonstrated ability to operate at portfolio and governance forum level, exercising judgement and challenge.
- Good understanding of underwriting, reinsurance structures and catastrophe aggregation.
- Ability to communicate complex technical outputs clearly to non‐technical stakeholders.
- Good understanding of Lloyd's regulatory expectations and exposure reporting frameworks.
- Highly organised, analytically strong and comfortable working with senior stakeholders.
- Verisk Touchstone experience preferable.
ECM Senior Analyst in Norwich employer: 00601 CNA Services (UK) Limited
As a leading player in the insurance sector, our company offers an exceptional work environment for the ECM Senior Analyst role, characterised by a culture of collaboration and innovation. Employees benefit from comprehensive professional development opportunities, competitive remuneration, and a commitment to work-life balance, all set against the vibrant backdrop of London. Join us to make a meaningful impact on catastrophe risk management while advancing your career in a supportive and dynamic team.
Contact Details:
00601 CNA Services (UK) Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land ECM Senior Analyst in Norwich
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working in roles similar to the ECM Senior Analyst. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss catastrophe modelling and exposure management in detail. We want you to show off your expertise and how it aligns with the role!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the position.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step to connect with us directly.
We think you need these skills to ace ECM Senior Analyst in Norwich
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the ECM Senior Analyst role. Highlight your experience in catastrophe modelling and exposure management, especially within the Lloyd's or London Market. We want to see how your skills align with our needs!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention specific experiences that demonstrate your ability to operate at portfolio and governance forum levels, and don’t forget to show your enthusiasm for joining our team.
Showcase Your Analytical Skills:In your application, be sure to highlight your analytical strengths. Discuss any relevant projects where you’ve reviewed and challenged model outputs or communicated complex technical information to non-technical stakeholders. We love seeing those skills in action!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we can’t wait to see what you bring to the table!
How to prepare for a job interview at 00601 CNA Services (UK) Limited
✨Know Your Catastrophe Models
Make sure you brush up on your knowledge of catastrophe modelling and exposure management. Be prepared to discuss specific models you've worked with, especially if you have experience with Verisk Touchstone. This will show that you’re not just familiar with the theory but can apply it practically.
✨Understand the Underwriting Process
Familiarise yourself with underwriting and reinsurance structures. During the interview, be ready to explain how your role as a Senior Catastrophe Analyst fits into the broader underwriting decision-making process. This will demonstrate your understanding of the business and how you can contribute.
✨Communicate Clearly
You’ll need to explain complex technical outputs to non-technical stakeholders, so practice simplifying your explanations. Use examples from your past experiences where you successfully communicated intricate details to different audiences. This will highlight your ability to bridge the gap between technical and non-technical teams.
✨Showcase Your Analytical Skills
Be prepared to discuss how you prioritise work and communicate uncertainties in your analyses. Bring examples of past projects where you had to make judgement calls based on data quality and governance. This will illustrate your analytical strength and organisational skills, which are crucial for this role.