At a Glance
- Tasks: Assist in managing data and reports for non-natural catastrophe risks.
- Company: Dynamic insurance firm focused on collaboration and innovation.
- Benefits: Gain valuable experience, learn new skills, and work in a supportive environment.
- Other info: No prior experience needed; perfect for students eager to explore the insurance industry.
- Why this job: Be part of a team that drives progress and enables possibilities.
- Qualifications: Strong interest in data, good communication skills, and a willingness to learn.
The predicted salary is between 40000 - 50000 £ 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
- The Non-Natural Catastrophe team in Exposure Management is responsible for key classes in Arch, including Terrorism, Contingency, Cyber, and Liability.
- We ensure data is entered accurately into our systems and produce key business reports, and analyse movements monthly, as well as providing quote analysis to underwriters before risks are written.
- This role is responsible for assisting the Non-Natural Catastrophe team with the processing and smooth-running of these classes.
- Key Tasks & Responsibilities
- Communicate with underwriters to ensure the smooth operation of Exposure Management services within the business
- Communicate with the outsource team to answer queries and ensure the timely and accurate capture of risks into our systems
- Augment data where the quality is poor to improve the accuracy of our key metrics
- Maintain the accuracy of the exposure database
- Run reports for pre and post-bind accounts, and assist with portfolio analysis
- Assist with the development of key class processes and analytics
- Work with other members of Exposure Management to ensure cross-class collaboration
- Workflow monitoring where required
- Assisting other members of the Exposure Management team if required
- Role Requirements & Skills
Skills/Competencies
- Data handling
- Good communication
- Experience using tools (e. g. Excel) to process large volumes of data and check for errors and ensure data integrity
- Advantageous to have experience using programming languages (e. g. R, VBA, C#) or scripting languages (e. g. SQL)
- Ability to work effectively and collaboratively with others both internally and externally
Qualifications/Experience
- Sound judgment, good organisation and administrational skills and adaptability to work using your own initiative.
- Strong interest in understanding complex man-made risk
- Curiosity about data, patterns with a natural inclination to explore how different scenarios could impact portfolios.
- Engagement with geopolitical, socio economic, and technological trends, and enthusiasm for staying informed about global events that may shape non-natural catastrophe exposure.
- Interest in translating analytical outputs into actionable insights and communicating with key stallholders.
- Motivation to continuously learn, including new tools, analytical techniques, and developments in the non-natural catastrophe risk landscape.
- No prior experience in insurance or Exposure Management is required
- 14101 Arch Europe Insurance Services Ltd
- #J-18808-Ljbffr
Assistant Catastrophe Analyst employer: archgroup
archgroup is an exceptional employer that fosters a dynamic and supportive work culture in Glasgow, where innovation and collaboration thrive. With a strong focus on employee growth, we offer comprehensive training and development opportunities, ensuring our team members are equipped to excel in their roles. Join us to be part of a company that values your contributions and is committed to making a meaningful impact in the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Catastrophe Analyst
✨Dive into Insurance Networking Events
Get your foot in the door by attending local insurance networking events or job fairs. These gatherings are perfect for us to meet potential employers in a casual setting, and you might just find a great connection to help land that entry-level role!
✨Join Online Insurance Communities
Hop onto platforms like LinkedIn or specialised forums centred on insurance. Engage with discussions, ask questions, and showcase your eagerness to break into the industry. This visibility can make you stand out to hiring managers scouring these spaces for fresh talent.
✨Leverage University Resources
If you're fresh out of uni, make sure to utilise your university’s career services. They can connect us with companies looking for entry-level candidates, often before jobs are even advertised. Keep an eye on internship opportunities, as they can lead to full-time positions down the line!
✨Apply Directly Through Us!
Don't forget to check our website for any entry-level openings at archgroup! Applying directly can give you a better chance to showcase your enthusiasm and passion for the insurance field, plus, it shows you’re keen to take the initiative.
We think you need these skills to ace Assistant Catastrophe Analyst
Some tips for your application 🫡
Show Your Customer Service Skills:In the insurance industry, customer service is key! Highlight any experience you have in dealing with clients or customers, whether it's through a part-time job or volunteer work. Remember, we love seeing your potential to communicate effectively and empathise with clients in your application!
Tailor Your CV to Insurance Basics:When crafting your CV, don't forget to include any relevant courses or certifications you've taken in insurance or finance. If you've studied topics related to risk assessment or policy management, mention those! It shows us you're serious about getting into the insurance game.
Craft a Compelling Cover Letter:For entry-level roles, your cover letter is your chance to shine! Share why you're passionate about insurance and how you’re eager to learn and grow in this field. We want to see that you're genuinely excited about building your career with archgroup!
Highlight Your Analytical Mindset:Insurance is all about assessing risks and understanding numbers. Make sure to mention any coursework or experience you have with data analysis or critical thinking. Even if it’s from school projects or personal interests, we want to see that you can think analytically!
How to prepare for a job interview at archgroup
✨Know Your Basics: The Insurance Fundamentals
Understand the core concepts of insurance, such as risk assessment, underwriting, and claims processes. This knowledge will help us demonstrate our familiarity with the industry and prepare us for any technical questions that might pop up during the interview.
✨Prepare for Behavioural Questions
Insurance companies love behavioural interviews! We should think about times we've shown teamwork, problem-solving, and customer service skills. Reflecting on specific experiences will help us come across as reliable candidates who can handle the challenges of the role.
✨Show Enthusiasm for Learning
As this is an entry-level position, it's crucial to express our eagerness to learn and grow within the company. Employers like archgroup want to see that we're enthusiastic about diving into the insurance world and building our knowledge base over time.
✨Research Industry Trends
Staying updated on the latest trends in the insurance sector, like digital transformation and regulatory changes, can set us apart. Mentioning these trends during the interview shows that we’re engaged and have a forward-thinking mindset, aligning well with the company’s goals.
