At a Glance
- Tasks: Join our Catastrophe Management team to analyse non-natural perils and drive strategic decision-making.
- Company: Dynamic insurance company focused on innovation and growth in the industry.
- Benefits: Competitive salary, career development opportunities, and a supportive team environment.
- Other info: Exciting opportunity for growth in a collaborative and evolving field.
- Why this job: Kickstart your career in insurance while making a real impact on risk management.
- Qualifications: Numerical skills, teamwork, and a passion for learning are essential.
The predicted salary is between 30000 - 40000 £ per year.
We are currently looking for a motivated individual keen to carve a career in the Insurance industry to join our Catastrophe Management team as a Catastrophe Risk Analyst. This is an excellent opportunity for a candidate looking for their first, or next move within the insurance industry. The successful candidate will be working within the non-natural perils pillar of the Catastrophe team, and will be responsible for analytics and reporting for a variety of non-natural peril classes including Offshore Energy, Bloodstock, and A&H, with the opportunity to support wider, as Canopius continues to expand and diversify their portfolio.
Responsibilities
- Part of a team responsible for creating and enhancing non-natural catastrophe reporting MI to help drive strategic decision making.
- Providing management with the tools and insight required to better understand non-natural catastrophe aggregation risk across the Group.
- Active involvement in developing relationships with underwriters, with the aim of integrating underwriting and Non-Cat frameworks and goals – this involves confident and timely delivery of report analytics for key classes.
- Using PowerBI to create and maintain current monthly/quarterly and post-loss reporting for Underwriting and senior management where required.
- Enhance A&H reporting - an exciting opportunity for owning and creating new processes for this class.
- Use of Sequel Impact and proprietary tools to help capture and monitor aggregations within the Non-Natural Catastrophe team.
- Production of regulatory reporting for Offshore Energy, Bloodstock and A&H including Lloyd’s & Realistic Disaster Scenarios (RDS).
- Liaise with internal stakeholders on aggregation and portfolio analysis affairs including catastrophe management, and risk committees (primarily Non-Nat Cat Risk).
- Work with the Non-Natural Peril Exposure manager to drive improvements to view of risk (VoR) across classes of business, either through enhancement to existing scenarios, and/or build out of new views of risk to help manage and monitor non-modelled risk across the Group for classes responsible.
- Regular and effective management of bordereaux data and circulation to senior underwriting management.
- Provide exposure management inputs required for the preparation of reinsurance presentations.
- Assisting in the catastrophe management activities of other lines during key renewal periods.
Skills and Experience
- General understanding of insurance and the Lloyd’s market.
- Highly numerate and logical – strong mathematical/statistical knowledge.
- Ability to manipulate large data sets with intermediate Excel skills.
- Familiarity and/or interest in learning with MS SQL query language or other coding languages is desirable.
- Ability to understand both the granular detail and see the bigger picture.
- Collaboration and teamwork.
- Good and effective communicator – open, honest, warm and respectful.
- Works effectively with team/project or other work groups or those outside formal line of authority to accomplish goals.
- Follows through on commitments made to other team members by setting realistic expectations, communicating clearly about responsibilities and delivering on agreed-upon deadlines.
- Good collaboration with others and open to input from others.
- Adapting to change.
- Is open to learning new skills by identifying areas for improvement through discussions with managers.
- Seeks guidance from experienced colleagues to understand skills relevant to the role and actively seeks out training programs, workshops or online courses to develop skills/knowledge required for the role.
- Ability to work to deadlines and manage workload priorities effectively.
- Maintains a sense of urgency to complete high-priority actions and to achieve goals by prioritising tasks based on priority and impact on the goals.
- Resilience.
- Takes accountability for own work by clearly defining personal responsibilities and deliverables for assigned tasks or projects.
- Shows awareness of the importance of social connections by seeking guidance and support from others when encountering difficulties, demonstrating a budding understanding of collaboration and strength in the collective.
Non-Natural Perils Catastrophe Analyst in London employer: vavemga
At Canopius, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation within the insurance industry. Our Catastrophe Management team provides a unique opportunity for growth, where you can develop your analytical skills while working with cutting-edge tools like PowerBI and SQL in a supportive environment. With a commitment to employee development and a focus on meaningful contributions, Canopius is the ideal place for those looking to make a significant impact in their careers.
StudySmarter Expert Advice🤫
We think this is how you could land Non-Natural Perils Catastrophe Analyst in London
✨Tip Number 1
Network like a pro! Reach out to people in the insurance industry, especially those in catastrophe management. Attend events, join online forums, and don’t be shy about asking for informational interviews – it’s all about making connections!
✨Tip Number 2
Show off your skills! If you’ve got experience with PowerBI or SQL, make sure to highlight that in conversations. Create a portfolio of your work if possible, so you can demonstrate your analytical prowess when chatting with potential employers.
✨Tip Number 3
Be proactive! Don’t just wait for job openings to pop up. Reach out directly to companies you’re interested in, like Canopius, and express your enthusiasm for their work in non-natural perils. Sometimes, a little initiative goes a long way!
✨Tip Number 4
Keep learning! The insurance landscape is always changing, so stay ahead by taking online courses or attending workshops related to catastrophe risk analysis. This shows employers you’re committed to growing your skills and adapting to new challenges.
We think you need these skills to ace Non-Natural Perils Catastrophe Analyst in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Catastrophe Analyst role. Highlight any relevant coursework or projects that showcase your analytical abilities and understanding of the insurance industry.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to express your enthusiasm for the role and the company. Mention specific aspects of the job description that excite you and how your background makes you a great fit.
Showcase Your Analytical Skills:Since this role involves working with data, be sure to mention any experience you have with data analysis tools like Excel or SQL. If you've worked on projects involving data manipulation or reporting, share those examples!
Apply Through Our Website:We encourage you to apply directly through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come in through our own platform!
How to prepare for a job interview at vavemga
✨Know Your Numbers
As a Catastrophe Risk Analyst, you'll be dealing with data and analytics. Brush up on your mathematical and statistical knowledge before the interview. Be prepared to discuss how you've used data in past experiences or projects, even if they weren't directly related to insurance.
✨Familiarise Yourself with PowerBI and SQL
Since the role involves using PowerBI and potentially SQL, it’s a good idea to get comfortable with these tools. If you have any experience, be ready to share specific examples of how you've used them. If not, consider doing a quick online tutorial to understand the basics.
✨Show Your Collaborative Spirit
This position requires teamwork and effective communication. Think of examples where you've successfully collaborated with others, especially in challenging situations. Highlight your ability to adapt and learn from colleagues, as this will resonate well with the interviewers.
✨Understand the Bigger Picture
While attention to detail is crucial, being able to see the bigger picture is equally important. Prepare to discuss how you balance detailed analysis with strategic insights. This could involve talking about how your work impacts decision-making or contributes to broader company goals.