At a Glance
- Tasks: Support catastrophe risk analysis and regulatory reporting for effective portfolio management.
- Company: Atrium, a historic insurer with a client-first approach and a collaborative culture.
- Benefits: Flexible working arrangements, commitment to diversity, and opportunities for personal growth.
- Other info: Encouraging environment for learning and career development.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Knowledge of programming (SQL preferred) and strong numeracy skills.
The predicted salary is between 37800 - 46200 £ per year.
About Atrium
In a world of constant change, you need an insurer who has stood the test of time. Our reputation is built on consistency, expertise, and a client-first approach. We manage Syndicate 609, one of the oldest syndicates at Lloyd’s, with a history going back to the 1930s. Our longevity reflects the strength of our underwriting discipline, the depth of our relationships, and our ability to adapt to the evolving needs of our clients and the wider insurance marketplace.
We’re all in it together at Atrium. We are committed to creating an environment where people learn, grow, and follow what they’re passionate about. Our culture encourages staff to feel confident in making decisions at any stage of their career and do work that makes them proud, knowing they’re playing a valuable role in shaping the success of the business.
Role
This is a great opportunity for a Catastrophe Analyst to join our Exposure Management team, supporting the delivery of catastrophe risk analysis and regulatory reporting to enable effective portfolio management across our underwriting and reinsurance teams.
Description
The role is intended to support all aspects of Exposure Management.
- Catastrophe Risk Analysis & Business Support
- Provide support to Exposure Management and underwriting teams through modelling, post‑bind analysis, and portfolio reviews.
- Use vendor catastrophe models to analyse risk at account, portfolio, and syndicate level, validating outputs and explaining results to stakeholders.
- Investigate portfolio movements, accumulations, and concentrations of risk across all relevant perils.
- Produce and validate analytics to support reinsurance purchasing and programme optimisation.
- Lead or actively participate in event response for significant catastrophe events.
- Exposure Management, MI & Regulatory
- Support the production of Exposure Management MI including catastrophe model results, portfolio analyses, RDS and other regulatory submissions.
- Ensure ongoing data quality through review of daily, weekly, and monthly aggregation processes, working with underwriting teams to improve data capture.
- Prepare bespoke analytical outputs for internal committees and senior management as required.
- Analytics Development & Workflow
- Assist Exposure Management with the improvement of aggregation workflows and drive automation, robustness, and scalability.
- Develop, maintain, and enhance internal analytics, reporting pipelines, and catastrophe risk workflows.
- Contribute to the development of aggregation and scenario analysis capability across property and non‑property classes.
- Work closely with IT and Exposure Management team members to design and help implement workflow, system, and methodology improvements.
- Support the rollout of model, platform, and methodology updates, including troubleshooting technical issues as they arise.
- Methodology, Governance & Continuous Improvement
- Contribute to projects evaluating catastrophe modelling methodologies and Exposure Management processes.
- Support the implementation of new models, methodologies, and bespoke analytics aligned to business strategy and regulatory expectations.
- Encourage adoption of Exposure Management tools, analytics, and MI across the business.
Required Knowledge and Skills
- Demonstratable knowledge or aptitude for computer programming is required for this role. SQL would be the most useful language.
- An aptitude for numeracy is required in this role which will involve producing and interpreting statistics.
- Demonstratable knowledge of geography, natural science, engineering. However, this does not require a science degree.
Atrium offers all permanent employees the chance to work flexibly through our charter for flexible working - we actively invite applications from candidates requiring any form of flexible working arrangements.
Atrium is an Equal Opportunities employer with a strong and passionate commitment to Diversity, Equity, and Inclusion. Atrium actively invites applications from candidates requiring any form of flexible working arrangements. We do not discriminate based upon age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation, or any other applicable legally protected characteristic. We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please get in touch.
Catastrophe Analyst employer: Atrium
Atrium is an exceptional employer that fosters a culture of growth and collaboration, making it an ideal place for a Catastrophe Analyst to thrive. With a commitment to flexible working arrangements and a strong focus on diversity, equity, and inclusion, employees are empowered to pursue their passions while contributing to meaningful work in the insurance industry. The opportunity to engage in innovative analytics development and support critical risk management initiatives ensures that team members play a vital role in shaping the future of the business.
StudySmarter Expert Advice🤫
We think this is how you could land Catastrophe Analyst
✨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 Atrium). 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 Atrium. 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 Catastrophe Analyst
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 Atrium.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Atrium. 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 Atrium
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Atrium 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 Atrium, 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 Atrium'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.
