At a Glance
- Tasks: Manage and model property portfolios while producing insightful reports and supporting underwriting requests.
- Company: Join a collaborative and innovative insurance company that empowers progress.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Exciting opportunities for growth in a supportive team atmosphere.
- 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.
The predicted salary is between 50000 - 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 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 in London 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 in London
✨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 your analytical skills in action!
✨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 on their radar and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance! We love seeing candidates who take the initiative to connect directly with us. Plus, it makes tracking your application easier for everyone involved.
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 is tailored to the Catastrophe Modelling Analyst role. Highlight your experience with catastrophe models and property insurance, and don’t forget to showcase your analytical skills. We want to see how you can bring your expertise to our team!
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 your background aligns with our company culture of collaboration and innovation. Let us know how you can help us enable possibility!
Showcase Your Technical Skills: Since this role requires strong IT skills, make sure to mention your programming abilities, especially in Excel, VBA, and SQL. We love seeing candidates who can communicate complex concepts clearly, so don’t shy away from demonstrating that in your application.
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’re considered for the role. Plus, it shows you’re keen on joining our team at Arch!
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 relate to the property portfolio management you'll be handling.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical mindset. Bring examples of how you've tackled complex data sets or solved problems in previous jobs. This will show that you can handle the analytical demands of the role.
✨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, as this will be crucial in your interactions with underwriters and other stakeholders.
✨Be Ready for Ad Hoc Requests
Expect questions about how you handle unexpected tasks or requests. Prepare examples from your experience where you successfully managed ad hoc projects or urgent requests, highlighting your organisational skills and attention to detail.