Senior Catastrophe Modelling Analyst

Senior Catastrophe Modelling Analyst

Full-Time 60000 - 80000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Lead analysis and reporting for Political Violence and Risk portfolios, enhancing analytics and data governance.
  • Company: Join Arch, a collaborative and innovative company in the insurance sector.
  • Benefits: Competitive salary, professional development, and a supportive work environment.
  • Other info: Great career growth opportunities and a chance to drive innovation in catastrophe modelling.
  • Why this job: Make an impact by solving complex problems with talented colleagues in a dynamic field.
  • Qualifications: 5+ years in insurance, strong analytical skills, and experience in Exposure Management.

The predicted salary is between 60000 - 80000 £ per year.

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable PossibilitySM.

Role Summary and Purpose

  • This role is responsible for the management and modelling of the Political Violence and Political Risk Non-Natural Catastrophe portfolio, including Terrorism, War, and associated perils.
  • Produce monthly classes of business reports for the Terrorism class and assist with the monthly roll-ups for internal/external reporting.
  • Developing and enhancing the analytics for this division.
  • Ensuring the timely and accurate capture of data by our third-party outsourcer.
  • Communicate with underwriters to ensure the smooth operation of Exposure Management reporting within the business.
  • Making improvements to the data and analytics for Political Violence, communicating with stakeholders on key metrics and completeness of the portfolio.
  • Ad hoc projects such as tool and model validation and process automation.

Key Tasks and Responsibilities

  • Lead analyst for Political Violence and Political Risk reporting across key classes of business.
  • Responsibility for managing all aspects of these portfolios for exposure management and catastrophe analytics purposes.
  • Analysis of monthly variances and ensuring good data governance within Arch portfolios.
  • Preparing data for key stakeholders including Group reporting and outwards reinsurance purchasing for multiple Arch entities.
  • Internal and external reporting.
  • Support during Event Response.
  • Completing ad hoc requests from underwriters to assist with pricing and monitoring of risk.

Role Requirements & Skills

  • Good understanding of Exposure Management and modelling.
  • Strong understanding of Insurance gained in a relevant industry role.
  • Practical knowledge of insurance policies.
  • Experience within non-natural catastrophe classes advantageous, particularly Terrorism.
  • Ability to communicate complex Exposure Management concepts to a non-technical audience.
  • Proven organisational and workload management skills.
  • Strong Problem-Solving skills and keen attention to detail.
  • Excellent IT skills, including programming skills (eg. Excel, VBA and SQL).
  • Analytical/technical mindset.
  • Strong drive to develop Exposure Management practices and processes.

Qualifications/Experience

  • 5+ years experience in Insurance.
  • Experience working in a similar role, in a Lloyd’s syndicate or similar.
  • Experience with Exposure Management approaches, including modelling and scenario calculation.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you.

Senior Catastrophe Modelling Analyst employer: Mcneil & Co.

At Arch, we pride ourselves on fostering a collaborative and innovative work culture that empowers our employees to excel in their roles. As a Senior Catastrophe Modelling Analyst in London, you will benefit from a dynamic environment that encourages professional growth and development, alongside competitive remuneration and comprehensive benefits. Join us to be part of a team that not only drives progress for our clients but also inspires each other to reach new heights in the insurance industry.

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Contact Details:

Mcneil & Co. Recruitment Team

We think you need these skills to ace Senior Catastrophe Modelling Analyst

Exposure Management
Catastrophe Modelling
Political Violence Analysis
Terrorism Risk Assessment
Data Governance
Insurance Knowledge
Analytical Skills