At a Glance
- Tasks: Manage catastrophe risk and support underwriting decisions with data-driven insights.
- Company: CNA Hardy, a leading specialist in commercial insurance.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work with senior stakeholders and enhance your career in a supportive environment.
- Why this job: Join a team making impactful decisions in the insurance industry.
- Qualifications: Experience in catastrophe modelling and strong analytical skills required.
The predicted salary is between 60000 - 75000 £ per year.
Function / Area: ECM
Reporting to: ECM Natural Catastrophe Manager
Position Summary
The Senior Catastrophe Analyst is a key role within the Exposure Management team, with responsibility for portfolio‑level catastrophe risk oversight, model output review and senior stakeholder support. The role contributes directly to underwriting decision‑making, risk appetite monitoring and governance reporting, operating with a high degree of judgement and autonomy. The role includes ownership of portfolio roll‑ups for Marine and Energy, whilst supporting the ECM Natural Catastrophe Manager in preparing materials for senior governance forums including ECMG, RCC and regulatory or ad‑hoc management requests.
Key Responsibilities
- Produce and maintain portfolio‑level exposure and catastrophe loss views, including regular roll‑ups for Marine and Energy classes.
- Review, challenge and explain catastrophe model outputs, movements and key risk drivers across classes and at portfolio level.
- Ensure exposure data quality and governance, including clear documentation of assumptions, limitations and expert judgement.
- Monitor aggregate exposures against risk appetite, limits and tolerances, supporting escalation where appropriate.
- Perform and review catastrophe modelling analyses, prioritising work and communicating uncertainty and limitations clearly.
- Contribute to model validation, vendor reviews, sensitivity testing and back‑testing activities.
- Interpret slips and policy documentation to determine appropriate modelling assumptions, liaising with brokers and third parties where required.
- Support preparation of papers, analysis and commentary for ECMG, RCC and other senior committees.
- Contribute to Lloyd’s and regulatory exposure reporting, including RDS, LCM and related returns.
- Support catastrophe response and post‑event activity, working with Underwriting, Claims and Actuarial to monitor actual versus modelled losses.
- Act as a senior technical reference point within the Exposure Management team, providing peer review and guidance to other analysts.
- Help develop tools, metrics and processes to enhance portfolio insight, data quality and efficiency.
- Comply with all applicable legal and regulatory requirements and ensure, at a level appropriate to the position, that appropriate measures are in place to ensure this compliance.
- Attend market seminars to stay informed on market developments and best practice.
- Provide support to underwriters in non‑modelled classes of business.
- Assist with the optimisation of the portfolio.
- Manage the relationships with outsourcers where this relationship exists.
- May perform additional duties as assigned.
Skills, Knowledge & Abilities
- Proven experience in catastrophe modelling and exposure management, within the Lloyd’s or London Market.
- Demonstrated ability to operate at portfolio and governance forum level, exercising judgement and challenge.
- Good understanding of underwriting, reinsurance structures and catastrophe aggregation.
- Ability to communicate complex technical outputs clearly to non‑technical stakeholders.
- Good understanding of Lloyd’s regulatory expectations and exposure reporting frameworks.
- Highly organised, analytically strong and comfortable working with senior stakeholders.
- Verisk Touchstone experience preferable.
The Company
CNA Hardy is a leading specialist commercial insurance provider for clients within the Lloyd’s and company markets. We offer a highly specialised and comprehensive portfolio of innovative and market leading products. Coverage is available to businesses of all sizes for domestic, international and global exposures.
ECM Senior Analyst in London employer: CNA Hardy
CNA Hardy is an exceptional employer, offering a dynamic work environment that fosters professional growth and innovation within the insurance sector. With a strong focus on employee development, we provide opportunities for continuous learning and engagement in meaningful projects, particularly in the realm of catastrophe risk management. Our collaborative culture encourages open communication and supports employees in making impactful contributions to our clients and the industry at large.
StudySmarter Expert Advice🤫
We think this is how you could land ECM Senior Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at CNA Hardy or similar companies. A friendly chat can open doors and give you insights that job descriptions just can't.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Be ready to discuss catastrophe modelling and exposure management in detail. We want to see your expertise shine through!
✨Tip Number 3
Showcase your analytical skills during interviews. Bring examples of how you've tackled complex problems in the past, especially related to risk appetite and governance reporting. We love seeing real-world applications!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you're genuinely interested in joining our team at CNA Hardy.
We think you need these skills to ace ECM Senior Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the ECM Senior Analyst role. Highlight your experience in catastrophe modelling and exposure management, and don’t forget to mention any relevant tools like Verisk Touchstone. We want to see how your skills match what we’re looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about this role and how your background makes you a perfect fit. Be sure to mention your ability to communicate complex technical outputs clearly, as that’s key for us.
Showcase Your Analytical Skills:In your application, make sure to showcase your analytical strengths. We love candidates who can demonstrate their ability to review and challenge model outputs, so include examples of how you've done this in the past. It’ll help us see your judgement in action!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about our company and culture while you’re at it!
How to prepare for a job interview at CNA Hardy
✨Know Your Catastrophe Models
Make sure you brush up on your knowledge of catastrophe modelling and exposure management. Be prepared to discuss specific models you've worked with, especially if you have experience with Verisk Touchstone. This will show that you’re not just familiar with the theory but can apply it practically.
✨Understand the Underwriting Process
Familiarise yourself with underwriting and reinsurance structures. During the interview, be ready to explain how your role as a Senior Catastrophe Analyst fits into the broader underwriting decision-making process. This will demonstrate your understanding of the business and how your expertise contributes to risk appetite monitoring.
✨Communicate Clearly
You’ll need to convey complex technical outputs to non-technical stakeholders. Practice explaining your past work in simple terms, focusing on how your analyses impact decision-making. This skill is crucial for the role, so showcasing it during the interview will set you apart.
✨Prepare for Governance Discussions
Since you'll be supporting senior governance forums, think about how you would present your findings to a committee. Prepare examples of how you've contributed to governance reporting or similar activities in the past. This will highlight your ability to operate at a high level and engage with senior stakeholders effectively.