At a Glance
- Tasks: Manage and model property portfolios while producing insightful reports and supporting underwriting requests.
- Company: Join a collaborative and innovative company that empowers progress and inspires potential.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Why this job: Make a real impact in catastrophe modelling and help shape the future of insurance.
- Qualifications: Experience in catastrophe modelling and strong analytical skills required.
- Other info: Dynamic role with exposure to diverse projects and a supportive team environment.
The predicted salary is between 36000 - 60000 £ 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 Possibilityâ„ .
Role Summary and Purpose: This role is responsible for the management and modelling of the property portfolio. Produce monthly classes of business reports and assist with the monthly roll-ups for internal/external reporting, as well as any underwriting request for additional information. Communicate with underwriters to ensure the smooth operation of Exposure Management services within the business, including ensuring we gather accurate and timely data for modelling. Ad hoc projects such as model validation and process automation.
Key Tasks and Responsibilities:
- Lead analyst for property across multiple sub classes of business, including Arch’s UK and Australia primary business as well as traditional D&F.
- Responsibility for managing all aspects of the property portfolio for exposure management and catastrophe analytics purposes.
- Analysis of monthly variances and ensuring good data governance within Arch portfolios.
- Preparing data for outwards reinsurance purchasing for multiple Arch entities.
- Assist with 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 working knowledge of at least 1 catastrophe model, preferably Verisk/AIR.
- Strong understanding of Insurance gained in a relevant industry role.
- Practical knowledge of property insurance policies.
- Ability to communicate complex catastrophe modelling 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 (e.g. Excel, VBA and SQL).
- Analytical/technical mindset with an understanding of Catastrophe Models and financial model output.
- Degree qualified, or 3 years’ experience in Insurance.
- 3+ years Insurance experience working in a similar role, in a Lloyd’s syndicate or similar.
- Experience modelling property policies for catastrophe modelling.
Catastrophe Modelling Analyst in London employer: Arch Capital Group
Contact Detail:
Arch Capital Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Catastrophe Modelling Analyst in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the catastrophe modelling field on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that dream job.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of catastrophe models and property insurance policies. We recommend practising common interview questions and even doing mock interviews with friends to boost your confidence.
✨Tip Number 3
Showcase your skills! Create a portfolio or a presentation that highlights your experience with data analysis, modelling, and any relevant projects. This will help you stand out and demonstrate your expertise to potential employers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are genuinely interested in joining our collaborative and innovative culture.
We think you need these skills to ace Catastrophe Modelling Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your knowledge of catastrophe models and any relevant insurance experience to show us you’re the right fit for the role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about catastrophe modelling and how your background aligns with our company culture. Don’t forget to mention your problem-solving skills and attention to detail!
Showcase Your Technical Skills: Since we’re looking for someone with strong IT skills, be sure to include any programming languages you know, like Excel, VBA, or SQL. Give examples of how you’ve used these skills in previous roles to make your application stand out.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from us during the hiring process.
How to prepare for a job interview at Arch Capital Group
✨Know Your Catastrophe Models
Make sure you brush up on your knowledge of catastrophe models, especially Verisk/AIR. Be ready to discuss how you've used these models in past roles and how they apply to the property portfolio management you'll be handling.
✨Showcase Your Communication Skills
Since you'll need to explain complex concepts to non-technical audiences, practice simplifying your explanations. Think of examples where you've successfully communicated intricate ideas in a straightforward manner.
✨Demonstrate Your Analytical Mindset
Prepare to discuss your analytical skills and how you've applied them in previous roles. Bring examples of how you've tackled data governance issues or managed exposure analytics, as this will show your problem-solving capabilities.
✨Be Ready for Technical Questions
Expect questions about your IT skills, particularly in Excel, VBA, and SQL. Brush up on these tools and be prepared to discuss how you've used them in your work, especially in relation to modelling and reporting.