Graduate Programme - Catastrophe Risk Analyst (CAT)

Graduate Programme - Catastrophe Risk Analyst (CAT)

Full-Time 25000 - 32000 £ / year (est.) Home office (partial)
Markel International

At a Glance

  • Tasks: Join our team as a Graduate Catastrophe Risk Analyst and analyse complex data to drive insights.
  • Company: Markel, a leading global speciality insurer with a people-first approach.
  • Benefits: Competitive salary, private medical insurance, hybrid work, and professional development opportunities.
  • Other info: Enjoy a supportive environment with networking opportunities and a vibrant early careers community.
  • Why this job: Make a meaningful impact in catastrophe risk management while developing your career.
  • Qualifications: 2:1 in any STEM degree; coding skills in SQL and Python are a plus.

The predicted salary is between 25000 - 32000 £ per year.

Welcome to Markel where we take great pride in what we do.

To us, insurance isn’t just a policy - it’s a vital promise that gives people and businesses the confidence to move forward, each and every day.

Here, you’ll find exceptional people, without the ego.

People who’ll bring out your best, and support you at every step, because it’s who we are and the secret to our success.

We are a leading global speciality insurer with a truly people first-approach.

With over 5,000 employees across the globe, finding creative solutions for complex risks is our passion.

And our broad array of tools and knowledge allows us to create tailored coverage solutions for even the most complex needs.

Our international business is made up of two core divisions: Wholesale and National Markets, through these we offer innovative products and services.

Our international business is located throughout UK, Europe, Canada and Asia Pacific.

We’ve come a long way since Sam Markel dreamed big in 1930, but in our eyes, our journey is just getting started.

Come see what you can achieve by applying for one of our open vacancies.

We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further

The Opportunity

An exciting graduate opportunity has arisen to join our ever-evolving Catastrophe Modelling and Exposure Management team as a Graduate Catastrophe Risk Analyst.

The successful candidate will be an essential team member supporting data-driven risk insights across multiple lines of business, including property, marine, energy, and specialty classes.

You’ll gain exposure to a wide range of modelling tools and analytics techniques designed to enhance your technical expertise and promote innovation in how we assess and manage catastrophe risk.

While working in this team, you’ll build a broad foundation of knowledge across natural (climate and seismic hazards) and non-natural (cyber, terror, war) catastrophe risk management techniques.

This will provide you with the diverse experience and skills needed to develop a long-term career in catastrophe risk management or open up alternative paths within insurance risk analytics.

Above all, you’ll be empowered to take ownership of your professional growth and make a meaningful impact from day one.

The Catastrophe and Exposure Management team collaborates closely with underwriters, actuaries and the wider International Portfolio Analytics team to deliver well-informed insights that guide strategic underwriting and capital management decisions.

By analysing, interpreting, and communicating complex catastrophe data, you will help improve the company’s understanding of our exposures, enhance portfolio resilience, and contribute to sustainable profitability.

What you’ll be doing

Within the programme you will

  • Dive into learning about the insurance industry, build valuable business connections, and shine in presentations to underwriting divisions.
  • Harness the power of SQL and Python to drive cutting-edge analytics.
  • Master the usage of industry standard catastrophe models and aggregation tools for pricing and portfolio analysis.
  • Learn to tell a story through data, using data visualisation techniques to display patterns, trends and outliers effectively.
  • Master the art of data management and Microsoft SQL.
  • Collaborate closely with colleagues across Markel’s International offices.
  • Take part in structured training conducted by senior employees with an extensive amount of knowledge in the industry to ultimately help successful candidates learn the fundamentals of insurance.
  • Develop your career, with regular check-ins so that you have every opportunity to progress and gain more autonomy within your role.
  • Gain unparalleled exposure to and knowledge of the role of a Catastrophe Analyst.
  • Study towards a credible Chartered Institute of Insurance Advanced Diploma (ACII) via a Level 6 Senior Insurance Professional Apprenticeship.

What’s in it for you?

  • Successful candidates will be integral members of the Catastrophe and Exposure Management team, collaborating across the global business including our International offices as well as external tech partners.
  • You’ll get support every step of the way – we know that starting out in a new role and industry can be daunting but Markel’s ego-free environment gives you all the support that you need to go further and achieve great things.
  • Your development doesn’t just stop after your programme.

Markel are committed to you and your long-term career -there are countless opportunities to learn new skills and develop in your career and we can provide the support needed to do just that!

  • A genuine culture of camaraderie - at Markel, our shared values aren’t buzzwords. We really mean what we say in the Markel Style, and walk the talk, every day.
  • Enjoy your free coffee as you admire 360 degree views of London from our office on the 27th floor of the Walkie Talkie building!
  • Be part of our growing early careers community – through 121 buddy support, socials and other events you will have every opportunity to network and build great relationships with your peers both inside and outside of Markel.
  • The opportunity to achieve professional accreditations – whether that be in relation to industry specific qualifications or broader technical skills.
  • Competitive starting salary with an excellent package - including; private medical insurance, financial education, hybrid work structure, gym discounts, cycle-to-work scheme, motor breakdown cover, income protection and additional countless benefits that will be shared at the first stage of the process!

Our must-haves

Markel are looking for candidates who

  • Are patient, proactive, resilient and committed to making a meaningful difference everyday.
  • Are a strong team player with excellent interpersonal skills, capable of both working independently and well as part of a team.
  • Are organised individuals with the ability to prioritise tasks efficiently and flexibly.
  • Can display clarity of thought, as well as strong attention to detail.
  • Are resilient and analytical thinkers who are confident working with data whilst maintaining a high level of accuracy.
  • Are self-motivated individuals who possess an inquisitive nature and are able to take initiative.
  • Are always looking for ways to innovate and improve what we do.
  • Possess excellent interpersonal skills and the ability to build relationships with a diverse range of internal stakeholders.
  • Have an ability to work well under pressure in a fast-paced environment.
  • Experience working with coding languages highly beneficial (preferably SQL and Python).
  • Have achieved or is on track for at least a 2:1 in any STEM degree discipline (Geography included).
  • #J-18808-Ljbffr

Graduate Programme - Catastrophe Risk Analyst (CAT) employer: Markel International

Markel International is an excellent employer for those seeking a rewarding career in IT support within the vibrant Greater London area. With a strong commitment to employee growth, a diverse and inclusive work culture, and a comprehensive benefits package that includes health coverage and a pension scheme, you will find ample opportunities to thrive both personally and professionally. Join us and be part of a team that values your contributions and supports your career aspirations.

Markel International

Contact Details:

Markel International Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Graduate Programme - Catastrophe Risk Analyst (CAT)

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Markel International). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Markel International. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Graduate Programme - Catastrophe Risk Analyst (CAT)

SQL
Python
Data Analysis
Catastrophe Modelling
Data Visualisation
Attention to Detail
Interpersonal Skills

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Markel International.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Markel International. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at Markel International

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Markel International to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at Markel International, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding Markel International's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.