Catastrophe Modelling Analyst in London

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work.

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

How does this role contribute to our collective success? The successful candidate will provide natural and man‐made catastrophe modelling support to the property insurance underwriters. This includes quote pricing for new and renewal business, as well as helping to roll up the portfolio of written accounts. This mainly covers Earthquake, Hurricane, Winterstorm, Tornado, Flooding, Wildfire and Terrorism.

The candidate will work with our 3rd party modelling outsourcer to ensure data accuracy, timeliness, and reliability. They will also work with Our View of Risk team to ensure the catastrophe model we use (Verisk Touchstone) accurately reflects the risk Axis is exposed to. They will also ensure the best practice and procedures for entering and maintaining property exposure data are robust, scalable, and effective.

What will you do in this role?

• Work closely with the Underwriters to ensure all quotes are prioritised accordingly, and that their needs are met.
• Ensure an appropriate Audit and Review process is in place regarding quote and written accounts; ensuring the Annual Average Loss and Exceedance Probability (EP) Curves for high profile accounts are in line with Underwriter expectations.
• Where necessary, deep dive any unexpected or anomalous modeled results and present your findings back to them. This could involve a location level review, the application of financial terms, or how the Catastrophe model is interpreting the data.
• Liaise with our 3rd party modelling outsourcer to ensure data cleansing and modeling Turn‐Around‐Time, and Service Level Agreements are being met. Best Practice and Processes need updating as appropriate.
• Portfolio Review and Sign Off.
• Post Event Loss estimates.
• Work across multiple lines of business: Marine, Construction, Renewable Energy, Offshore Energy, Property, Terrorism, and Delegated Underwriting Authority.
• You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.

About You: We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.

What you need to have:

• Bachelor's degree or higher in a business related or quantitative field.
• Excellent numeracy skills, organizational skills with attention to detail.
• Excellent written, verbal, and communication skills.
• Microsoft Office skill set essential, particularly Excel.

What we prefer you to have:

• Experience using SQL or alternative database language.
• R Studio / Python.
• Knowledge or interest in meteorology, seismology, natural and political science, as it relates to the insurance industry.

Role Factors: In this role, you will typically be required to be in your designated office at least 3 days per week.