Senior Catastrophe Analyst

Senior Catastrophe Analyst

London Full-Time 43200 - 72000 Β£ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Exposure Management team to analyse and manage catastrophe risks.
  • Company: Aon is a leading global professional services firm dedicated to better decision-making.
  • Benefits: Enjoy flexible working, wellbeing days, and a culture of continuous learning.
  • Why this job: Make an impact in a collaborative environment while growing your analytical skills.
  • Qualifications: Strong analytical skills and familiarity with data modelling platforms are essential.
  • Other info: We embrace diversity and provide equal opportunities for all applicants.

The predicted salary is between 43200 - 72000 Β£ per year.

Aon Underwriting Managers (AUM) is Aon’s in-house MGA managing a growing portfolio transacting over $1bn Gross Written Premium in 2024 including Aon’s market leading Aon Client Treaty (ACT). AUM is seeking an ambitious Catastrophe Analyst to join its Exposure Management team to work primarily on the exposure management of ACT but also to support the wider business. The role offers the chance to collaborate closely with underwriters, actuaries, brokers & carriers across multiple classes of business. This role is of fundamental importance to the success of ACT.

To succeed, a sound understanding of catastrophe modelling concepts and the Direct & Facultative market is essential. This role provides great opportunities to gain experience and grow.

Main responsibilities for this role:

  • Maintain an accurate and complete portfolio in Touchstone.
  • Manage pre & post-bind workflows.
  • Perform quality control checks of accounts prepared by our outsource partner.
  • Produce monthly conversions of the portfolio using ImpactWorkBench to support other vendor models.
  • Manage exposures within agreed appetite limits.
  • Demonstrate portfolio drivers through marginal impact analysis.
  • Deliver weekly & monthly exposure reports to internal and external stakeholders.
  • Provide pre-bind analysis of critical cat exposed accounts to demonstrate their impact on the portfolio.
  • Deliver detailed event response analysis to internal stakeholders & externally to carriers to identify impacted accounts and loss potential.
  • Produce analysis to support the annual renewal of ACT.
  • Communicate to stakeholders in a clear and concise manner to ensure a correct interpretation of analysis output and subsequent decision making.
  • Assist the wider team with other portfolios under management, model upgrades, client modelling projects and other ad hoc tasks.

Essential skills, attributes and experience required for success in this role:

  • Business Knowledge - fundamental to good exposure management is a sound understanding of the classes of business within the portfolio. A strong understanding of direct & facultative contract terms across multiple lines of business is essential.
  • Diligence - Daily decisions based on Exposure Management data require reliable data & clear delivery so attention to detail is a key.
  • Analytical Skills - ability to analyse high volumes of complex data quickly and accurately to aid confident decision making. A mathematical background is preferable but not essential.
  • Technical Skills - familiarity with Verisk & Moody's RMS modelling platforms. Confident ability to use SQL & VBA to query and improve data. Proficient at using Excel, PowerPoint & PowerBI to visualise data effectively.
  • Problem Solving - ability to find appropriate solutions to new challenges.
  • Communication - ability to communicate complex information in a clear and concise manner to a range of stakeholders. A desire to take a lead role in presenting to stakeholders.
  • Time Management & Teamwork - able to work proactively with minimal direct supervision, individually or as part of a team. Flexibility to manage peak workloads.

How we support our colleagues:

In addition to our comprehensive benefits package, we encourage an inclusive workforce. Plus, our agile environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions for our colleagues as well. Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued.

Aon values an innovative and inclusive workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard.

Senior Catastrophe Analyst employer: Aon Corporation

Aon Underwriting Managers is an exceptional employer that fosters a collaborative and inclusive work culture, making it an ideal place for a Senior Catastrophe Analyst to thrive. With a strong emphasis on employee wellbeing, Aon offers comprehensive benefits, including Global Wellbeing Days, and promotes continuous learning opportunities to help you grow in your career. Located in a dynamic environment, Aon empowers its employees to make meaningful contributions while ensuring a healthy work-life balance.
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Contact Detail:

Aon Corporation Recruiting Team

StudySmarter Expert Advice 🀫

We think this is how you could land Senior Catastrophe Analyst

✨Tip Number 1

Familiarise yourself with catastrophe modelling concepts and the Direct & Facultative market. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations with potential colleagues during networking.

✨Tip Number 2

Connect with current or former employees of Aon on LinkedIn. Ask them about their experiences and insights regarding the company culture and the specific team you'll be working with. This can give you an edge in understanding what they value in a candidate.

✨Tip Number 3

Brush up on your technical skills, especially SQL and VBA. Being able to demonstrate your proficiency in these areas during interviews can set you apart from other candidates who may not have the same level of expertise.

✨Tip Number 4

Prepare to discuss how you handle data analysis and problem-solving in high-pressure situations. Use specific examples from your past experience to illustrate your ability to make confident decisions based on complex data.

We think you need these skills to ace Senior Catastrophe Analyst

Catastrophe Modelling Concepts
Direct & Facultative Market Knowledge
Exposure Management
Data Analysis
Attention to Detail
SQL Proficiency
VBA Proficiency
Excel Proficiency
PowerPoint Proficiency
PowerBI Proficiency
Analytical Skills
Problem-Solving Skills
Effective Communication
Time Management
Teamwork
Portfolio Management

Some tips for your application 🫑

Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Catastrophe Analyst position. Familiarise yourself with catastrophe modelling concepts and the Direct & Facultative market to tailor your application effectively.

Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience related to exposure management, data analysis, or working with modelling platforms like Verisk and Moody's RMS. Use specific examples to demonstrate your analytical skills and attention to detail.

Showcase Technical Skills: Make sure to mention your proficiency in SQL, VBA, Excel, PowerPoint, and PowerBI. Provide examples of how you've used these tools to analyse data or present findings, as this is crucial for the role.

Communicate Clearly: When writing your application, ensure that your communication is clear and concise. This is important not only for your application but also reflects your ability to convey complex information effectively, which is a key requirement for the role.

How to prepare for a job interview at Aon Corporation

✨Understand Catastrophe Modelling

Make sure you have a solid grasp of catastrophe modelling concepts. Be prepared to discuss how these concepts apply to the Direct & Facultative market, as this knowledge is crucial for the role.

✨Showcase Your Analytical Skills

Be ready to demonstrate your ability to analyse complex data quickly and accurately. You might be asked to solve a problem or interpret data on the spot, so practice articulating your thought process.

✨Communicate Clearly

Since the role involves communicating complex information to various stakeholders, practice explaining technical concepts in simple terms. This will show your ability to convey important insights effectively.

✨Familiarise Yourself with Tools

Brush up on your skills with SQL, VBA, and data visualisation tools like Excel and PowerBI. Being able to discuss your experience with these tools will demonstrate your technical proficiency and readiness for the role.

Senior Catastrophe Analyst
Aon Corporation
Location: London
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