At a Glance
- Tasks: Analyse catastrophe risk data and support data processing for accurate insights.
- Company: Join Travelers, a leading property casualty insurer with a culture of innovation.
- Benefits: Enjoy 25+ days holiday, private medical insurance, and a wellness programme.
- Other info: Great opportunities for learning and career progression in a supportive team.
- Why this job: Kickstart your career in data analysis while making a real impact on risk management.
- Qualifications: STEM degree and basic knowledge of data analysis tools required.
The predicted salary is between 30000 - 40000 € per year.
Who Are We? Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
What Is the Opportunity? At Travelers, we’re in the business of risk – we take the risk so our customers don’t have to, but we don’t like surprises. Our Catastrophe Risk Management team makes sure we understand our exposure and ensures that no loss from natural or man‑made catastrophes, across all areas of our business (property and casualty), comes as a surprise. As our new Jr. Analyst, Catastrophe (CAT) Risk, you’ll play a key role in making this happen by ensuring our data is accurate, properly modelled, and brought to life through insightful analytics. You’ll join a diverse, experienced team with strong expertise in catastrophe risk and enjoy excellent opportunities to learn, grow, and progress your career. You’ll be excited by understanding complex processes and modernising them using contemporary techniques and tooling (knowledge of Python, KNIME, Databricks, or equivalent is an advantage), ultimately turning highly complex catastrophe data into actionable insights. This position is ideal for someone with an aggregation data entry background looking to move into CAT Risk and learn modern data analysis techniques, or for a STEM graduate eager to gain hands‑on data experience and learn the ropes. If that sounds like you, we’d love to hear from you.
What Will You Do?
- Work with Underwriting and operations to support catastrophe risk data processing and ensure any issues are resolved in line with reporting and project deadlines.
- Perform basic analysis on exposure movements and aggregations.
- Work to build up knowledge of CAT Ecosystem modelling for metrics, reports and exposure data.
- Support the Pre U/W CAT modelling process.
- Support the refresh of basic analytical processes and exposure management monitoring.
- Provide training on aggregate data entry and ensure that standard operating procedures are maintained for in‑house tasks as well as outsourced data processing.
- Support the data processing on more complex cases that cannot be completed by the operations department.
- Perform other duties as assigned.
What Will Our Ideal Candidate Have?
- General knowledge of working with aggregations data.
- Basic knowledge of Microsoft suite, SQL, geospatial, statistical packages or other programs used to retrieve and analyze data.
- Written and verbal communication skills with the ability to pay attention to detail and effectively convey information to peers.
- Ability to follow through on tasks/projects.
- Ability to work independently and as part of a team.
What is a Must Have?
- Bachelor’s Degree in STEM (Science, Technology, Engineering, Mathematics), Business, or a related field.
What Is in It for You?
- Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
- Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
- Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
- Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counselling services and other resources that support your daily life needs.
- Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting. To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/.
Junior Catastrophe Risk Analyst employer: Travelers
Travelers is an exceptional employer that prioritises the well-being of its employees and the communities it serves. With a strong focus on innovation and collaboration, you will find ample opportunities for personal and professional growth in a supportive environment. Enjoy competitive benefits such as private medical insurance, generous holiday entitlement, and a wellness programme designed to help you thrive both at work and in your personal life.
StudySmarter Expert Advice🤫
We think this is how you could land Junior Catastrophe Risk Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Travelers. A friendly chat can open doors and give you insights that a job description just can't.
✨Tip Number 2
Prepare for interviews by diving deep into catastrophe risk management. Brush up on your knowledge of data analysis techniques and tools like Python or SQL. Show us you're ready to tackle the challenges head-on!
✨Tip Number 3
Practice your communication skills! Being able to convey complex information clearly is key. Try explaining a tricky concept to a friend – if they get it, you're on the right track!
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team.
We think you need these skills to ace Junior Catastrophe Risk Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Junior Catastrophe Risk Analyst role. Highlight any relevant coursework or projects from your STEM degree that showcase your analytical abilities.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're excited about this opportunity at Travelers. Share your passion for data analysis and how you can contribute to our Catastrophe Risk Management team.
Showcase Your Technical Skills:If you've got experience with Python, SQL, or any statistical packages, make sure to mention it! We love candidates who are eager to learn and apply modern data analysis techniques.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensure you’re considered for this exciting role!
How to prepare for a job interview at Travelers
✨Know Your Data
As a Junior Catastrophe Risk Analyst, you'll be dealing with complex data. Brush up on your knowledge of aggregations and data processing techniques. Familiarise yourself with tools like SQL and any statistical packages mentioned in the job description to show you’re ready to dive into the role.
✨Show Your Analytical Skills
Prepare to discuss how you've used analytical skills in past experiences, whether in academic projects or previous jobs. Be ready to explain how you approach problem-solving and how you can apply these skills to support catastrophe risk management.
✨Communicate Clearly
Effective communication is key in this role. Practice explaining complex concepts in simple terms, as you’ll need to convey information to peers and possibly train others. Think of examples where you’ve successfully communicated data insights in the past.
✨Demonstrate Team Spirit
Travelers values collaboration, so be prepared to share examples of how you’ve worked well in teams. Highlight your ability to follow through on tasks while also being a supportive team member. This will show that you can thrive in their collaborative culture.