Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Join our team to analyse catastrophe data and support insurance placements.
- Company: BMS Group is a global independent broker focused on insurance and reinsurance solutions.
- Benefits: Enjoy a collaborative culture, opportunities for learning, and a chance to impact communities.
- Why this job: Be part of a growing analytics function and work with diverse teams across the globe.
- Qualifications: Experience with catastrophe models and strong analytical skills are essential.
- Other info: This role offers a unique opportunity to develop bespoke analytics solutions.
The predicted salary is between 36000 - 60000 £ per year.
Reports to: UK Catastrophe Analytics Lead
Location: London
About BMS
BMS is a dynamic, independent global broker established in 1980, delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses and communities flourish and prosper in a world of risk. We are a global brand with offices located across the US, Canada, Latin America, Australia, Europe and Asia with both a strong local focus and understanding of market needs. Being independent gives our brokers the freedom to deliver the best solutions and combined with our collaborative team approach, single platform worldwide and renowned personal service, we are the independent broker of choice.
About the role
This is an exciting time to join BMS Re as we grow the business in London and therefore build out the catastrophe analytics function. The role will work with the existing analytics teams (UK, International, Mumbai and US cat modelling functions as well as actuarial and data teams) to service broking teams and their clients across the UK, Bermuda and International functions. The UK and International team currently operate as one with a strong focus on collaboration, exploring new ideas and group ownership of both successes and challenges. The role will focus on catastrophe analytics, utilising industry standard tools (Moody’s and Verisk platforms), building relationships and assessing non-standard vendors (e.g. Fathom, KCC) as well as using and supporting development of bespoke BMS tools and practice to support (re)insurance placements from across multiple lines of business. There will also be opportunities to be involved in data strategy to drive automation and efficiencies with the aim of moving catastrophe modelling analysts at BMS from producers to consumers of cat analytics.
Key Responsibilities:
- Data cleansing, manipulation and reporting, predominantly with a catastrophe modelling focus.
- Producing and analysing catastrophe modelling output.
- Presenting to clients and colleagues.
- Project work focused on developing bespoke catastrophe analytics solutions for clients.
- Engaging with various teams across the company regarding catastrophe analytics support.
- Aiding with RfP Presentations.
- Developing tools and processes to improve efficiency and analytical capability.
- Supporting market submissions.
- Supporting team development through L&D goals.
- Participation in strategic initiatives ranging from new insurance products to data solutions.
Skills and Capabilities Required:
- Experience of using at least 1 catastrophe model: RMS, AIR, KCC or Nasdaq for example.
- Numeracy and literacy skills.
- Proficient in Microsoft Office (e.g. PowerPoint, Excel).
- Data visualisation experience is beneficial (e.g. PowerBI, Qlik, Tableau).
- SQL knowledge required, additional coding knowledge beneficial (e.g. Python, R or experience of working with Alteryx).
- Geospatial analytical experience (i.e. GIS software) is beneficial.
- Relevant experience in the industry.
- Academic background in a relevant subject.
The successful candidate will work across multiple teams and regions with a strong element of client facing. They are expected to be professional and personable at all times; to support and advocate for all aspects of the business and to recognise and build upon areas of development. The successful candidate will be quick to learn, comfortable and capable communicating with clients and internal stakeholders, creative in their thinking and problem solving and have keen attention to detail. The successful candidate will exhibit strong collaboration skills while also demonstrating the ability to work independently when needed. They will contribute to multiple team projects, offering insights and advice, and actively support colleagues. They will personally demonstrate the five BMS values and ensure that team members are aligned with these: Accountable, Empowering.
Seniority level: Associate
Employment type: Full-time
Job function: Analyst
Industries: Insurance
Catastrophe Analyst employer: BMS Group
Contact Detail:
BMS Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Catastrophe Analyst
✨Tip Number 1
Familiarise yourself with the specific catastrophe models mentioned in the job description, such as RMS and AIR. Having hands-on experience or even a solid understanding of these tools will give you an edge during discussions with the hiring team.
✨Tip Number 2
Network with current employees at BMS Group or those in similar roles within the industry. Engaging in conversations about their experiences can provide valuable insights and may even lead to a referral, which can significantly boost your chances of landing the job.
✨Tip Number 3
Prepare to discuss your analytical skills and how you've used data visualisation tools like PowerBI or Tableau in past projects. Being able to showcase your ability to present complex data in an understandable way will resonate well with the interviewers.
✨Tip Number 4
Demonstrate your collaborative spirit by thinking of examples where you've successfully worked in teams to solve problems. BMS values teamwork highly, so showing that you can contribute positively to group dynamics will be crucial.
We think you need these skills to ace Catastrophe Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Catastrophe Analyst position at BMS Group. Understand the key responsibilities and required skills, such as experience with catastrophe models and proficiency in SQL.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your familiarity with catastrophe modelling tools and any data visualisation experience you possess.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for catastrophe analytics and your understanding of the insurance industry. Mention specific examples of how your skills can contribute to BMS Group's goals and values.
Highlight Collaboration Skills: Since the role involves working across multiple teams, be sure to illustrate your collaboration skills in your application. Provide examples of past experiences where you successfully worked with others to achieve common goals.
How to prepare for a job interview at BMS Group
✨Know Your Catastrophe Models
Make sure you have a solid understanding of at least one catastrophe model, such as RMS or AIR. Be prepared to discuss your experience with these tools and how you've used them in past roles.
✨Showcase Your Data Skills
Highlight your proficiency in data manipulation and reporting. Be ready to provide examples of how you've cleansed and analysed data, particularly in relation to catastrophe modelling.
✨Demonstrate Collaboration
Since the role involves working across multiple teams, emphasise your ability to collaborate effectively. Share experiences where you've successfully worked with others to achieve common goals.
✨Prepare for Client Interaction
As the position is client-facing, practice how you'll present complex information clearly and confidently. Think of scenarios where you've had to explain technical concepts to non-technical stakeholders.
