Senior Catastrophe Risk Analyst in City of London

Senior Catastrophe Risk Analyst in City of London

City of London Full-Time 56700 - 69300 £ / year (est.) On-site
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At a Glance

  • Tasks: Analyse catastrophe risks and collaborate with teams to enhance data quality and analytics.
  • Company: Join AIG, a global leader in insurance solutions with a focus on innovation.
  • Benefits: Comprehensive benefits package, professional development, and a supportive work culture.
  • Other info: Inclusive culture that values diversity and encourages community involvement.
  • Why this job: Make a real impact in risk management while working with industry experts.
  • Qualifications: 3+ years in catastrophe modelling or exposure management; strong SQL/R skills.

The predicted salary is between 56700 - 69300 £ per year.

Join us as a Senior Catastrophe Risk Analyst in our Exposure Management team to take your career to the next level with a global market leader. Make your mark in Talbot Underwriting. Talbot operates within the Lloyd's Insurance Market through Syndicates 1183, 2019, S2478 and 2479. With an expert team of highly skilled and experienced underwriters and a balanced, geographically diverse portfolio of business, Talbot has earned a reputation as an industry leading insurance specialist. Talbot writes a diversified portfolio including Crisis Management, Energy, Financial Lines, Marine, Political Risk, Property and Terrorism. Drawing on our deep industry expertise, Talbot develops tailored insurance solutions that address clients' evolving and often unique needs.

How you will create an impact

  • Support the Exposure Management Manager and work with analysts in the team on Political Violence and Cyber lines of business, with the opportunity to get involved with other lines of business including Nat Cat.
  • Work with key stakeholders including the Underwriting, Reinsurance and Aggregation teams to ensure completeness and accuracy of exposure data.
  • Develop relationships with Group Analytics (AIG) to leverage expertise.
  • Drive improvement of data quality and process development.
  • Provide value add analytics to the wider business.
  • Validate and run models used to measure Talbot’s Cyber exposure.
  • Assist with the bi-annual RDS process, annual SBF process and other regulatory reporting requirements.

What we’re looking for

  • 3+ years’ experience in a relevant role (e.g. Catastrophe Modelling, Exposure Management, Model Vendor, Cyber specific role).
  • Degree in a relevant subject (preferable but not necessary if skills demonstrated elsewhere).
  • An understanding of Cyber and/or Political Violence insurance application.
  • A good understanding of data extraction and report building.
  • Strong SQL/R skills.
  • Aptitude for problem solving and rebuilding out-dated processes.

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what’s most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Welcome to a culture of inclusion

We’re committed to creating a culture that truly respects and celebrates each other’s talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through learning, cultural awareness activities and Employee Resource Groups (ERGs). The talent of our people is one of AIG’s greatest assets, and we are honoured that our drive for positive change has been recognised by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities.

At AIG, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

Senior Catastrophe Risk Analyst in City of London employer: Talbot Underwriting Services Ltd (TS1)

Talbot Underwriting Services Ltd offers a dynamic and inclusive work environment in the heart of London, where innovation and collaboration thrive. As a Portfolio Solutions Underwriter, you will benefit from extensive professional development opportunities, a supportive culture that values your contributions, and the chance to work with industry leaders. Join us to be part of a forward-thinking team that is committed to excellence and making a meaningful impact in the Lloyd's Market.

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Contact Details:

Talbot Underwriting Services Ltd (TS1) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Senior Catastrophe Risk Analyst in City of London

✨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 Talbot Underwriting Services Ltd (TS1)). 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 Talbot Underwriting Services Ltd (TS1). 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 Senior Catastrophe Risk Analyst in City of London

Catastrophe Modelling
Exposure Management
Cyber Insurance Knowledge
Political Violence Insurance Knowledge
Data Extraction
Report Building
SQL 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 Talbot Underwriting Services Ltd (TS1).

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Talbot Underwriting Services Ltd (TS1). 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 Talbot Underwriting Services Ltd (TS1)

✨Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Talbot Underwriting Services Ltd (TS1) 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 Talbot Underwriting Services Ltd (TS1), 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 Talbot Underwriting Services Ltd (TS1)'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.