At a Glance
- Tasks: Manage exposure accumulations and analyse data trends for portfolio optimisation.
- Company: Vave is revolutionising underwriting with cutting-edge tech and data-driven insights.
- Benefits: Enjoy hybrid working, competitive salary, health insurance, and a supportive work culture.
- Why this job: Join a fast-growing team focused on innovation in catastrophe modelling and data analytics.
- Qualifications: Degree in STEM, strong SQL skills, and interest in catastrophe modelling required.
- Other info: Flexible working model in a vibrant London office with a commitment to diversity.
The predicted salary is between 36000 - 60000 £ per year.
Timely and accurate exposure and accumulation management is critically important to Vave and to our carriers. In this role you will ensure that this is done and that our portfolios are built in line with plan to ensure that carrier risk appetites are satisfied.
You will be responsible for rolling up catastrophe exposed portfolios using a variety of vendor and internally developed applications reporting these exposures to internal and external stakeholders.
You will monitor incoming data to highlight and investigate trends and proactively feedback on these to the business enabling rapid and robust feedback of analysis into the pricing algorithm.
With skills in data analytics and programming languages such as R and Python you will be able to support process improvement and automation of workflows as we design and implement faster and more robust exposure management practices.
Responsibilities
Assist the Vave Portfolio Manager in managing exposure accumulatios across multiple carrier portfolios in line with their risk appetite
Produce portfolio roll-ups using RMS Risk Modeller and Risk Link and a variety of in internally developed tools
Interrogate data flowing into Vave, proactively highlighting trends or anomalies and report on these to stakeholders
Help to develop the portfolio management workflow of the future bringing in automation to improve the speed at which Vave can act on this information
Work alongside the Analytics and Product team on ad hoc modelling and data requests
Support pre and post catastrophe event analysis
Skills and experience
Highly numerate with a degree in a STEM discipline
Cat modelling experience with a carrier, broker or MGA, ideally in US property
Understanding and interest in the value add from active portfolio management and catastrophe modelling
Strong technical skills in SQL essential with Python and R advantageous
Experience in reporting on portfolio exposures to stakeholders
Experience of US insurance market and cat perils highly advantageous
Interest in catastrophe modelling and natural hazards
Geospatial analytical skills (GIS) advantageous
The Company
At Vave we take the centuries old underwriting industry into the age of data and cloud computing by replacing traditional processes with frictionless real-time pricing, dynamic risk selection and portfolio optimization. We use the most up to date tech, leverage vast amounts of internal and external data and in-house developed algorithms. We are digital from the start and are not constrained by legacy systems and processes. We invest heavily in data science and new data sources to develop unique insights and algorithms powering our proprietary API-first underwriting platform.
Our product focus is US property, and natural catastrophe modelling is our home turf. Since beginning trading in 2019 we delivered 4 products to market and have algorithmically written over half a billion US Dollars of premium. We are continuously evolving and creating new opportunities to scale and innovate, and are now expanding our team to support the next round of growth. This is an amazing opportunity to join a dynamic fast-growing business.
About Us
Our benefits
We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.
About Canopius
Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.
At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.
Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone\’s unique contributions are recognised, valued and respected.
We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.
We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.
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Portfolio Analyst employer: Canopius
Contact Detail:
Canopius Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Portfolio Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in catastrophe modelling and portfolio management. Understanding the current landscape will help you engage in meaningful conversations during interviews and demonstrate your passion for the field.
✨Tip Number 2
Network with professionals in the insurance and data analytics sectors. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture at Vave, which can give you an edge in your application.
✨Tip Number 3
Brush up on your SQL, Python, and R skills through online courses or projects. Being able to showcase your technical abilities in these programming languages will be crucial, as they are essential for the role of a Portfolio Analyst.
✨Tip Number 4
Prepare to discuss specific examples of how you've used data analytics to drive decision-making in previous roles. Highlighting your experience with data interrogation and trend analysis will resonate well with the responsibilities outlined in the job description.
We think you need these skills to ace Portfolio Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in data analytics, programming languages like R and Python, and any catastrophe modelling experience. Use keywords from the job description to demonstrate your fit for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your skills in SQL and your understanding of the US insurance market align with Vave's needs. Be specific about your achievements in previous roles.
Showcase Technical Skills: Clearly outline your technical skills, especially in SQL, R, and Python. Provide examples of how you've used these skills in past projects or roles, particularly in relation to portfolio management and data analysis.
Highlight Relevant Education: If you have a degree in a STEM discipline, make sure to mention it prominently. Include any relevant coursework or projects that relate to catastrophe modelling or data analytics to strengthen your application.
How to prepare for a job interview at Canopius
✨Showcase Your Technical Skills
Make sure to highlight your proficiency in SQL, Python, and R during the interview. Be prepared to discuss specific projects where you've used these skills, especially in data analytics or catastrophe modelling.
✨Understand the Company’s Focus
Familiarise yourself with Vave's approach to portfolio management and catastrophe modelling. Understanding their use of technology and data science will help you align your answers with their business goals.
✨Prepare for Scenario-Based Questions
Expect questions that assess your ability to analyse data trends and anomalies. Think of examples from your past experience where you successfully identified issues and provided actionable insights.
✨Demonstrate Your Interest in the Industry
Show enthusiasm for the insurance market, particularly in US property and natural catastrophes. Discuss any relevant experiences or knowledge you have about current trends and challenges in the industry.