At a Glance
- Tasks: Analyse natural catastrophe risks and support underwriters with advanced insights.
- Company: Leading reinsurance company focused on innovation and risk management.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a real difference in risk assessment while developing your analytical skills.
- Qualifications: Degree in a relevant field with strong analytical and IT skills.
- Other info: Join a dynamic team with a focus on continuous improvement and learning.
The predicted salary is between 28800 - 48000 Β£ per year.
A leading reinsurance company is seeking a Loss Modelling Analyst to support underwriters by providing advanced analysis of natural catastrophe risks. The ideal candidate will have a strong background in property insurance and experience with Verisk and RMS catastrophe models.
Responsibilities include:
- Analyzing pricing risks
- Supporting reporting requirements
- Refining in-house processes
Applicants should possess:
- Analytical skills
- Attention to detail
- A relevant degree
- Good IT skills in Excel and SQL
Catastrophe Modelling Analyst: Loss & Pricing Insight employer: Faraday
Contact Detail:
Faraday Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Catastrophe Modelling Analyst: Loss & Pricing Insight
β¨Tip Number 1
Network like a pro! Reach out to professionals in the reinsurance industry on LinkedIn or at events. We canβt stress enough how valuable personal connections can be in landing that dream job.
β¨Tip Number 2
Prepare for interviews by brushing up on your knowledge of catastrophe models and property insurance. We recommend practising common interview questions and having examples ready that showcase your analytical skills and attention to detail.
β¨Tip Number 3
Donβt just apply anywhere; focus on companies that align with your career goals. We suggest using our website to find roles that match your skills and interests, especially in loss modelling and pricing insights.
β¨Tip Number 4
Follow up after interviews! A quick thank-you email can set you apart from other candidates. We believe it shows your enthusiasm and professionalism, which are key traits for a Catastrophe Modelling Analyst.
We think you need these skills to ace Catastrophe Modelling Analyst: Loss & Pricing Insight
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights your experience with property insurance and any relevant catastrophe modelling tools like Verisk and RMS. We want to see how your background aligns with the role, so donβt be shy about showcasing your analytical skills!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why youβre passionate about catastrophe modelling and how your skills can support our underwriters. Keep it concise but impactful β we love a good story!
Show Off Your IT Skills: Since good IT skills in Excel and SQL are key for this role, make sure to mention any relevant projects or experiences where youβve used these tools. Weβre looking for candidates who can hit the ground running!
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, itβs super easy β just follow the prompts!
How to prepare for a job interview at Faraday
β¨Know Your Catastrophe Models
Make sure you brush up on your knowledge of Verisk and RMS catastrophe models. Be ready to discuss how you've used these tools in the past and how they can help in analysing natural catastrophe risks. This shows you're not just familiar with the theory but have practical experience too.
β¨Showcase Your Analytical Skills
Prepare to demonstrate your analytical skills through examples from your previous work. Think of specific instances where your analysis led to better pricing decisions or improved reporting. This will highlight your attention to detail and ability to support underwriters effectively.
β¨Excel and SQL Proficiency
Since good IT skills in Excel and SQL are crucial for this role, be ready to discuss your experience with these tools. You might even want to prepare a few examples of how you've used them to analyse data or streamline processes in your previous roles.
β¨Ask Insightful Questions
At the end of the interview, donβt forget to ask questions that show your interest in the company and the role. Inquire about their current challenges in loss modelling or how they see the future of catastrophe risk analysis evolving. This demonstrates your enthusiasm and forward-thinking mindset.