Catastrophe Modelling Analyst

Catastrophe Modelling Analyst

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join our Cat Modelling team to analyse and support underwriting decisions across various insurance lines.
  • Company: Sompo International is a global leader in insurance and reinsurance, valuing integrity and collaboration.
  • Benefits: Enjoy flexible working options, health benefits, and generous parental leave policies.
  • Why this job: This role offers hands-on experience in catastrophe modelling and a chance to impact global operations.
  • Qualifications: Experience in cat modelling, SQL, VBA, and strong analytical skills are essential.
  • Other info: Work from our vibrant London office and thrive in a supportive, collaborative environment.

The predicted salary is between 36000 - 60000 £ per year.

As a leading provider of insurance and reinsurance with worldwide operations, we recognise that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry.

Are you looking for your next opportunity? Sompo has a unique opportunity for a Catastrophe Modelling Analyst in our Cat Modelling team in our Central Analytics Department. This position provides an excellent opportunity for the candidate to develop their knowledge and understanding of Catastrophe Modelling within an insurance operation across multiple lines of business while working closely with underwriting teams across London, Europe and APAC platforms by providing analytics to support underwriting decisions.

Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

What you’ll be doing:

  • Pre-modelling of underwriting submissions for Property, Energy, Marine and any other lines as per business needs
  • Assisting portfolio reporting – preparation and management of risk modelling ready for monthly roll up process across multiple lines of business
  • Regulatory returns
  • Ad hoc projects as required
  • Ability to understand and communicate technical concepts
  • Understand and interpret slips to ascertain key modelling assumptions, and ensure completeness of data, liaising with brokers and other parties to supplement where necessary

What you’ll bring:

  • Experience in cat modelling, preferably in an Insurance environment
  • Experience and knowledge of the RMS detailed loss modelling platform
  • Competent in SQL and VBA with proven experience of building reporting tools
  • Knowledge of GIS tools an advantage
  • Strong numerical data handling and analysis skills
  • Ability to understand and communicate technical concepts
  • Ability to work effectively individually and as part of a team
  • Strong verbal and written communication skills – position requires interaction with numerous employees on all platforms of business

Our Benefits

We continuously evaluate and update our benefit programs to ensure that our plans meet the needs of our employees and their dependents. Below are a few highlights of our inclusive benefit programs:

  • Expansive Health & Wellness Benefits
  • Generous Retirement & Savings Plans
  • Global Parental Leave & Adoption Assistance

Catastrophe Modelling Analyst employer: Sompo International

At Sompo International, we pride ourselves on being an exceptional employer, offering a dynamic work environment in our London office where collaboration and innovation thrive. Our commitment to employee growth is reflected in our extensive career development opportunities and competitive benefits, including generous health and wellness programs and family-friendly policies. Join us to be part of a culture that values integrity and excellence, while making a meaningful impact in the insurance industry.
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Contact Detail:

Sompo International Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Catastrophe Modelling Analyst

✨Tip Number 1

Familiarise yourself with the RMS detailed loss modelling platform, as it's specifically mentioned in the job description. Consider taking online courses or tutorials to enhance your skills and demonstrate your commitment to mastering this tool.

✨Tip Number 2

Brush up on your SQL and VBA skills, as these are crucial for building reporting tools. You could work on personal projects or contribute to open-source initiatives to showcase your proficiency in these areas.

✨Tip Number 3

Network with professionals in the insurance and catastrophe modelling fields. Attend industry events or join relevant online forums to connect with potential colleagues and learn more about the company culture at Sompo International.

✨Tip Number 4

Prepare to discuss your experience with portfolio reporting and risk modelling during interviews. Think of specific examples where you've successfully managed data and contributed to decision-making processes, as this will highlight your suitability for the role.

We think you need these skills to ace Catastrophe Modelling Analyst

Catastrophe Modelling
RMS Detailed Loss Modelling Platform
SQL
VBA
Data Analysis
Risk Modelling
Portfolio Reporting
Technical Communication
Numerical Data Handling
GIS Tools Knowledge
Team Collaboration
Verbal Communication Skills
Written Communication Skills
Attention to Detail
Problem-Solving Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in catastrophe modelling, particularly within an insurance environment. Emphasise your skills in SQL, VBA, and any experience with the RMS platform.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and how your background aligns with Sompo International's values. Mention specific projects or experiences that demonstrate your analytical skills and ability to work collaboratively.

Highlight Technical Skills: In your application, clearly outline your technical competencies, especially in data handling and analysis. If you have experience with GIS tools, make sure to include that as well, as it could set you apart from other candidates.

Showcase Communication Skills: Since the role requires strong verbal and written communication skills, provide examples in your application where you've successfully communicated complex concepts to diverse audiences. This will demonstrate your ability to liaise effectively with underwriting teams and brokers.

How to prepare for a job interview at Sompo International

✨Showcase Your Technical Skills

Make sure to highlight your experience with catastrophe modelling, especially your familiarity with the RMS detailed loss modelling platform. Be prepared to discuss specific projects where you applied these skills.

✨Demonstrate Your Analytical Abilities

Since the role involves handling numerical data and analysis, be ready to provide examples of how you've successfully managed data in previous roles. Discuss any tools or methodologies you used to enhance your analytical capabilities.

✨Communicate Clearly

Strong verbal and written communication skills are essential for this position. Practice explaining complex technical concepts in simple terms, as you'll need to liaise with various teams and stakeholders.

✨Emphasise Team Collaboration

This role requires working closely with underwriting teams across different regions. Share experiences that demonstrate your ability to work effectively both individually and as part of a team, highlighting any collaborative projects you've been involved in.

Catastrophe Modelling Analyst
Sompo International
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  • Catastrophe Modelling Analyst

    London
    Full-Time
    36000 - 60000 £ / year (est.)

    Application deadline: 2027-06-22

  • S

    Sompo International

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