Senior Catastrophe Modelling Analyst - Reinsurance in London

Senior Catastrophe Modelling Analyst - Reinsurance in London

London Full-Time 56000 - 84000 £ / year (est.) No working from home possible
MS Amlin

At a Glance

  • Tasks: Lead and support analytics in catastrophe modelling and risk management.
  • Company: MS Amlin is a top-tier (re)insurer with over 120 years of experience.
  • Benefits: Enjoy a competitive salary, performance bonuses, and flexible hybrid working.
  • Other info: Opportunity to develop your career in a supportive environment with global exposure.
  • Why this job: Join a dynamic team focused on innovation and continuous improvement in risk management.
  • Qualifications: Strong analytical skills, knowledge of (re)insurance, and proficiency in data tools required.

The predicted salary is between 56000 - 84000 £ per year.

**Role: Senior Catastrophe Modelling Analyst - Reinsurance****Location: London - Hybrid****Position type: Full time, permanent****About The Job****What you’ll spend your time doing:**While there is rarely a ‘typical’ day as a Senior Catastrophe Modelling Analyst, this role will lead, coordinate, and provide analytic support to several key activities across classes such as:***Inter-business relationships**** Work collaboratively with clients of Exposure Management to provide clarity, transparency and understanding* Support Analysts’ skills development through coaching and engagement, and provide guidance where required in addressing queries relating to the pricing of accounts and portfolio roll-up from underwriters* Address and manage complex cases and queries from underwriters, and maintain and grow strong relationships with the Underwriting, Claims, Pricing and Underwriting Performance teams with ability to challenge ways of working with a continuous improvement mindset* Manage the client and broker relationships with the ability to deal with enquiries in an efficient professional manner and make sound judgement calls based on value realisation* Proactive build an internal and external network***Analytics and modelling:**** Lead on at least one of the following workstreams: + Terrorism + Regulatory returns + Portfolio aggregation + Business planning + Event response + MSI + Development* Conduct exposure capture and modelling of pricing, and portfolio risks, and provide peer review for risks captured and modelled by Genpact and Modelling Analysts, to support and enhance underwriters’ decision making and effectively manage risk, adhering to required deadlines* Oversee and guide analysis conducted by Genpact and Modelling Analysts, providing insights and managing outputs where required* Lead on the delivery of proactive portfolio optimisation and other value-add modelling tasks such as such as owning model settings and adjusting models; identifying patterns and potential data anomalies, to aid underwriting decision making and risk exposure assessment and projection***Strategy, Reporting and Governance**** Strategy and business planning + Lead the design and implementation of risk management strategies, ensuring alignment with business goals + Support business planning activities* Governance: + Governance of modelling, contributing to key committees + Maintain MS Amlin’s exposure Management Framework + Collate information for decision focus and execute control functions + Review and validate policy audits and reports on data quality* Oversee and coordinate internal and external reporting activities for submissions and supplement analytical insights on reports created by Genpact and Modelling Analysts***Compliance and Risk Management**** Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate, role modelling behaviours and MS Amlin risk management values* Assist with ensuring that the portfolio and the risks underwritten are compliant with all the relevant risk, regulatory and legal requirements, and are aligned to business goals* Support the delivery of the *MS Amlin Risk Function plan and wider Risk Mandate** Support the ongoing development of the Risk Management Framework to assist MS Amlin in managing and mitigating risks effectively whilst ensuring consistency across the MS Amlin Group* Keeping up to date with emerging risks and industry trends and the potential impact on MS Amlin and the wider Lloyd’s market* Monitor in conjunction with the MS Amlin’s CRO, MS Amlin’s risk appetites, tolerances and Key Risk Indicators (KRIs) reporting these to the MS Amlin Risk & Solvency Committee and Board* Utilise decision focus to collect, analyse and report on risk and control information to ensure the business is appropriately managing risks, remediation of ineffective controls is being carried out and actions are defined and appropriate* Assist the development of *Top Risk Assessment approach***You’re going to enjoy this job if you also…*** Strive for continuous improvement and have very strong analytical capabilities; possess the ability to prioritise and realise value* Have excellent communication and collaboration skills to bridge gaps between technical and non-technical stakeholders* Have excellent knowledge and experience of the (re)insurance Markets across the globe and how these impact our business* Are an intuitive problem solver and take a natural lead in delivering solutions* Have professional scepticism and an inquisitive mind* Are able to work independently and can be self-guided* Can influence and negotiate effectively* Are highly adaptable and thrive in dynamic environments to meet evolving business needs* Are proactive in your own development and lead in supporting the development of junior onshore and offshore staff members where appropriate**What you’ll need:**For this particular role there are some important qualifications and experience we need you to have. These include:* Excellent financial and commercial acumen* Significant Exposure Management modelling experience* Technical knowledge of (re)insurance, outward reinsurance, the general underwriting process, and underwriting performance* Have a robust understanding of the Lloyd’s Syndicate market and its operating principles* Superior software knowledge, particularly of RMS RiskLink / RMS Risk Manager/ AIR Touchstone/ Touchstone Re/ DFA tools* Excellent Microsoft Excel, PowerPoint and PowerBI Skills is essential* Deep knowledge of data management and structures* Strong understanding of coding logic and coding experience in SQL* Skills in R &/or Python would be useful* Ability to design, operate, interpret, and communicate quantitative reporting* Experience in utilising data manipulation and visualisation tools* Experience in using ArcGIS, and underwriting tools would be desirable* Undergraduate degree in a related subject (Geography/ Mathematics/ STEM subjects) would be desirable* CII Qualification would be desirable* ICSM or vendor qualification would be beneficial**What you can expect from us:**As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits -**About MS Amlin**MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.#LI-MSAUL #J-18808-Ljbffr

Senior Catastrophe Modelling Analyst - Reinsurance in London employer: MS Amlin

MS Amlin is an exceptional employer, offering a dynamic work culture that fosters collaboration and continuous improvement in the heart of London. Employees benefit from a competitive salary, performance-related bonuses, and extensive professional development opportunities, all while being part of a leading (re)insurer with over 120 years of experience in managing complex risks. The hybrid working model allows for flexibility, ensuring a healthy work-life balance as you contribute to impactful decision-making in the reinsurance sector.

MS Amlin

Contact Details:

MS Amlin Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Catastrophe Modelling Analyst - Reinsurance in London

Tip Number 1

Network with professionals in the reinsurance and catastrophe modelling fields. Attend industry events, webinars, or local meetups to connect with potential colleagues and learn about the latest trends and challenges in the sector.

Tip Number 2

Familiarise yourself with the specific software tools mentioned in the job description, such as RMS RiskLink and PowerBI. Consider taking online courses or tutorials to enhance your skills and demonstrate your commitment to mastering these tools.

Tip Number 3

Stay updated on current events and emerging risks that could impact the reinsurance market. This knowledge will not only help you in interviews but also show your proactive approach to understanding the industry's dynamics.

Tip Number 4

Prepare to discuss your experience with data analysis and modelling during interviews. Be ready to provide examples of how you've used analytics to influence decision-making or improve processes in previous roles.

We think you need these skills to ace Senior Catastrophe Modelling Analyst - Reinsurance in London

Catastrophe Modelling
Exposure Management
Analytical Skills
Financial Acumen
Commercial Acumen
Technical Knowledge of (re)insurance
Understanding of Lloyd's Syndicate Market

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights relevant experience in catastrophe modelling and exposure management. Use specific examples that demonstrate your analytical skills and understanding of the reinsurance market.

Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience with risk management and analytics.

Showcase Technical Skills:Emphasise your technical knowledge, especially in software like RMS RiskLink or AIR Touchstone. If you have coding experience in SQL, R, or Python, make sure to highlight this as it is crucial for the role.

Demonstrate Soft Skills:The role requires excellent communication and collaboration skills. Provide examples in your application that showcase your ability to work with diverse teams and manage client relationships effectively.

How to prepare for a job interview at MS Amlin

Understand the Role

Make sure you have a solid grasp of what a Senior Catastrophe Modelling Analyst does. Familiarise yourself with key responsibilities like exposure management, analytics, and risk assessment. This will help you articulate how your skills align with the role.

Showcase Your Technical Skills

Be prepared to discuss your experience with relevant software and tools such as RMS RiskLink, SQL, and data visualisation tools. Highlight specific projects where you've successfully applied these skills to solve problems or improve processes.

Demonstrate Communication Skills

Since this role involves collaboration with various stakeholders, practice explaining complex concepts in simple terms. Be ready to provide examples of how you've effectively communicated with both technical and non-technical teams in the past.

Prepare for Scenario-Based Questions

Expect questions that assess your problem-solving abilities and decision-making skills. Think of scenarios where you've had to manage complex cases or make sound judgement calls, and be ready to discuss the outcomes and lessons learned.