At a Glance
- Tasks: Manage and model Non-Natural Catastrophe portfolios, producing key reports and improving analytics.
- Company: Dynamic company focused on collaboration, innovation, and enabling potential.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Opportunity to work on exciting projects and develop your career in a leading firm.
- Why this job: Join a team that drives progress and makes a real impact in the insurance industry.
- Qualifications: 5+ years in insurance with strong analytical and communication skills.
The predicted salary is between 60000 - 80000 £ per year.
With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility.
Role Summary & Purpose
This role is responsible for the management and modelling of Non-Natural Catastrophe portfolios – Terrorism, Cyber, and Liability, and assisting with key internal and external reports. Produce monthly classes of business reports and assist with the monthly roll‑ups for internal/external reporting. Underwriting request for additional information. Develop processes and analytical techniques for Non-Natural Catastrophe classes. Communicate with underwriters to ensure the smooth operation of Exposure Management reporting within the business, including presenting outputs, explaining movements, and seeking sign‑off for internal and external reporting metrics. Making improvements to the data and analytics of Non-Natural Catastrophe classes, communicating with stakeholders on key metrics and completeness of the portfolio, and driving forward the development of the Non-Natural Catastrophe Exposure Management framework within Arch. Ad hoc projects such as tool and model validation and process automation.
Key Tasks and Responsibilities
- Lead analyst for Non-natural catastrophe reporting across key classes of business.
- Responsibility for managing all aspects of these portfolios for exposure management and catastrophe analytics purposes, with internal assistance and our outsourcer.
- Analysis of monthly variances and ensuring good data governance within Arch portfolios.
- Preparing data for key stakeholders including Group reporting and outward reinsurance purchasing for multiple Arch entities.
- Internal and external reporting support during Event Response.
- Completing ad hoc requests from underwriters to assist with pricing and monitoring of risk.
- Ad hoc requests from the Catastrophe Managers and Head of Department.
Role Requirements & Skills
- Good understanding of Exposure Management and modelling.
- Strong understanding of Insurance gained in a relevant industry role.
- Practical knowledge of insurance policies.
- Experience within non-natural catastrophe classes advantageous.
- Ability to communicate complex Exposure Management concepts to a non-technical audience.
- Proven organisational and workload management skills.
- Strong Problem‑Solving skills and keen attention to detail.
- Excellent IT skills, including programming skills (eg. Excel, VBA and SQL).
- Analytical/technical mindset.
- Strong drive to develop Exposure Management practices and processes.
Qualifications
- 5+ years experience in Insurance.
- Experience working in a similar role, in a Lloyd's syndicate or similar.
- Experience with Exposure Management approaches, including modelling and scenario calculation.
Senior Catastrophe Analyst in London employer: Arch Capital Group Ltd.
At Arch, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to reach their full potential. As a Senior Catastrophe Analyst, you will benefit from extensive professional development opportunities while working in a dynamic environment that values expertise and encourages meaningful contributions to our clients and communities. Located in the heart of the insurance industry, our London office offers a unique chance to engage with leading professionals and be at the forefront of catastrophe analytics.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Catastrophe Analyst in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Arch Capital Group Ltd.). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Arch Capital Group Ltd.. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Catastrophe Analyst in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Arch Capital Group Ltd..
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Arch Capital Group Ltd.. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Arch Capital Group Ltd.
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Arch Capital Group Ltd. to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Arch Capital Group Ltd., they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Arch Capital Group Ltd.'s values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
