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 opportunities, and a dynamic work environment.
- Other info: Exciting opportunities for growth within a supportive team.
- 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 are essential.
The predicted salary is between 50000 - 65000 £ 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 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 (eg. 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 employer: ARCH EUROPE INSURANCE SERVICES LTD
Contact Detail:
ARCH EUROPE INSURANCE SERVICES LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Catastrophe Modelling Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Arch or similar companies. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your catastrophe modelling knowledge. Be ready to discuss specific models like Verisk or AIR, and how you've used them in past roles. Show us you know your stuff!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email. It shows your enthusiasm and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’re the perfect fit.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to connect directly with us.
We think you need these skills to ace Catastrophe Modelling Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Catastrophe Modelling Analyst role. Highlight your experience with catastrophe models and property insurance, as well as any relevant programming skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about catastrophe modelling and how you can contribute to our team. Be sure to mention specific experiences that demonstrate your problem-solving skills and attention to detail.
Showcase Your Communication Skills: Since you'll be communicating complex concepts to non-technical audiences, it's important to showcase your ability to simplify information. In your application, give examples of how you've successfully communicated technical details in the past.
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 love seeing applications come directly from our site!
How to prepare for a job interview at ARCH EUROPE INSURANCE SERVICES LTD
✨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 at Arch.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical mindset by discussing specific examples where you've tackled complex data sets or solved problems related to catastrophe modelling. Highlight your attention to detail and how it has positively impacted your previous work.
✨Communicate Clearly
Since you'll need to explain complex concepts to non-technical audiences, practice simplifying your explanations. Think of ways to convey your ideas clearly and concisely, perhaps using analogies or straightforward language.
✨Be Ready for Ad Hoc Requests
Expect questions about how you handle unexpected tasks or requests from underwriters. Prepare examples that showcase your organisational skills and ability to manage workload effectively while maintaining high standards.