At a Glance
- Tasks: Lead non-natural catastrophe analysis and manage exposure to risks like terrorism and war.
- Company: Join Hiscox, a unique insurer with a culture of innovation and collaboration.
- Benefits: Enjoy hybrid working, competitive salary, and great employee benefits for your wellbeing.
- Why this job: Make a real impact in a dynamic environment while shaping risk management strategies.
- Qualifications: 3+ years in catastrophe modelling and a passion for understanding non-natural threats.
- Other info: Be part of a diverse team that values creativity and challenges the status quo.
The predicted salary is between 36000 - 60000 £ per year.
Locations: UK, London
Time Type: Full time
Posted on: Posted Today
Job Requisition ID: R0018486
Job Type: Permanent
Build a brilliant future with Hiscox
The Team
The Group Exposure Management team is part of the wider Underwriting Risk and Reinsurance team that reports to the group CUO. We work closely with the catastrophe modelling and capital management teams in order to gain a full understanding of underwriting risk across the group.
The Role
We are looking for an experienced catastrophe modeller or exposure analyst to lead the Group Exposure Management functions work on non-natural cat related peril management. You will be working with the business to monitor exposure to non-natural perils and our position against risk appetite. Hiscox is exposed to a variety of non-natural related perils, including terrorism, war, marine and aviation. As a result it is important that we understand whether the exposure management methods we use today are calibrated to the current level of risk, and that our business strategy can withstand or adapt to the rapidly changing non-natural and geopolitical landscape. The impact of non-natural perils on our business rightly has the interest of Underwriting Management, our Boards, Investors, and Regulators with growing expectations on all fronts. In this role you will be responsible for ensuring that we can accommodate a range of non-natural scenarios in our catastrophe modelling and exposure management framework and take the lead on non-natural related regulatory submissions. You will help ensure that all updates to our Hiscox View of Risk are captured within our systems and communicated effectively to the business units.
Key Responsibilities
- Support the development and implementation of non-natural risk appetite measures and controls
- Integrate new views, tools and measures into the exposure management infrastructure: We want systems and processes that are accessible to all
- Ensuring the Hiscox View of Risk is valid for the latest non-natural perils developments
- Ensuring we fulfil our non-natural catastrophe regulatory obligations, PRA, BMA and Lloyd’s
- Support junior team members work on all peril monitoring
- Monitor emerging non-natural perils and their potential impacts on Hiscox Group risk appetite
- Develop appropriate MI to report against non-natural related peril appetites and provide the business with the information they need to make effective decisions
Person Specification
- 3+ years experience of catastrophe modelling with particular focus on major non-natural perils (Marine, Aviation, Terrorism)
- Deep interest in the non-natural threat landscape
- Aptitude for technical coding (we use SQL, R, VBA but no specific knowledge is essential)
- Ability to explain complicated ideas clearly
- Good written/report writing skills
- Well organised and deadline focused
Nice to have
- Experience of capital modelling
- Knowledge of SQL server coding
About Hiscox
As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things. We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions. Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places. Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.
Diversity and Hybrid working
At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success. We have also learned over the past few years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance. This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.
Apply now for further information
You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance)
Work with amazing people and be part of a unique culture. If you want to help build a brilliant future; work with amazing people; be part of a unique company culture; and, of course, enjoy great employee benefits that take care of your mental and physical wellbeing, come and join us.
Senior Non-Natural Catastrophe Analyst employer: Hiscox SA
Contact Detail:
Hiscox SA Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Non-Natural Catastrophe Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their approach to non-natural perils and be ready to discuss how your experience aligns with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your pitch! Be clear about your skills and experiences, especially those related to catastrophe modelling and exposure management. Make it easy for them to see why you’re the perfect fit for the role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Senior Non-Natural Catastrophe Analyst
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Non-Natural Catastrophe Analyst role. Highlight your experience with non-natural perils and any relevant skills that match what we're looking for.
Showcase Your Skills: Don’t forget to mention your technical coding abilities, especially if you have experience with SQL, R, or VBA. We love seeing how you can apply these skills in real-world scenarios!
Be Clear and Concise: When writing your application, keep it straightforward and to the point. We appreciate good written skills, so make sure your ideas are easy to understand and well-organised.
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy!
How to prepare for a job interview at Hiscox SA
✨Know Your Non-Natural Perils
Make sure you brush up on the various non-natural perils mentioned in the job description, like terrorism, war, and marine risks. Being able to discuss these topics confidently will show that you're not just familiar with the role but also genuinely interested in the field.
✨Showcase Your Technical Skills
Even if you don't have extensive coding experience, be prepared to talk about your familiarity with SQL, R, or VBA. If you've worked on any relevant projects, share those experiences to demonstrate your technical aptitude and willingness to learn.
✨Communicate Clearly
Since the role requires explaining complicated ideas clearly, practice articulating your thoughts on complex topics. You might even want to prepare a few examples of how you've successfully communicated intricate concepts in the past.
✨Prepare Questions for Them
Interviews are a two-way street! Prepare insightful questions about their current exposure management methods or how they adapt to the changing non-natural landscape. This shows that you're engaged and thinking critically about the role and the company.