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: Gain valuable experience, competitive salary, and opportunities for professional development.
- Other info: Collaborative environment with excellent mentorship and career advancement opportunities.
- 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 employer: vavemga
At Canopius, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Non-Natural Perils Catastrophe Analyst, you will have the opportunity to grow your career in the dynamic insurance industry while working alongside experienced professionals who are committed to your development. Our supportive environment encourages continuous learning and offers unique benefits, including exposure to diverse risk classes and the chance to contribute to strategic decision-making within a rapidly expanding company.
StudySmarter Expert Advice🤫
We think this is how you could land Non-Natural Perils Catastrophe Analyst
✨Tip Number 1
Network like a pro! Reach out to folks 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 that could lead to your next opportunity.
✨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 and how you can add value to the team.
✨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. Sometimes, a little initiative can go a long way in landing an interview.
✨Tip Number 4
Keep learning! The insurance industry is always evolving, so stay ahead of the game by taking online courses or attending workshops related to catastrophe risk analysis. This not only boosts your skills but also shows potential employers that you’re committed to your professional growth.
We think you need these skills to ace Non-Natural Perils Catastrophe Analyst
Some tips for your application 🫡
Show Your Passion for Insurance:When writing your application, let us know why you're excited about a career in the insurance industry. Share any relevant experiences or interests that connect you to the role of a Catastrophe Risk Analyst. We love seeing genuine enthusiasm!
Highlight Your Analytical Skills:Since this role involves a lot of analytics and reporting, make sure to showcase your numerical and logical skills. Mention any experience with data manipulation or tools like Excel and PowerBI. We want to see how you can contribute to our team!
Tailor Your Application:Don’t just send a generic application! Take the time to tailor your CV and cover letter to the specific responsibilities and skills mentioned in the job description. This shows us that you’ve done your homework and are genuinely interested in the position.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it makes it easier for us to keep track of your application and get back to you quickly!
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, and think of examples where you manipulated large datasets.
✨Familiarise Yourself with Tools
Get comfortable with PowerBI and SQL, as these are key tools for the role. If you haven't used them extensively, consider doing a quick online course or tutorial. Being able to speak confidently about your experience with these tools will impress your interviewers.
✨Understand the Insurance Landscape
Make sure you have a solid understanding of the insurance industry, particularly the Lloyd’s market. Research non-natural perils and be ready to discuss how they impact risk assessment. Showing that you’re informed will demonstrate your genuine interest in the role.
✨Show Your Collaborative Spirit
This role 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 team-oriented culture.