Cat modeller in City of London

Cat modeller in City of London

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

  • Tasks: Deliver high-quality catastrophe modelling and collaborate on innovative analytics projects.
  • Company: Join a forward-thinking analytics firm focused on optimising risk transfer.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Why this job: Make a real impact in the reinsurance industry with cutting-edge analytical solutions.
  • Qualifications: Experience in catastrophe modelling and strong data manipulation skills required.
  • Other info: Exciting opportunities for growth and collaboration in a fast-paced team.

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

We are looking for a Catastrophe Modeller who will deliver high-quality modelling and contribute to building a differentiated analytics capability from the ground up. This role offers a unique blend of hands-on modelling and exposure to strategic initiatives. You’ll work closely with senior brokers and analytics colleagues, gaining insight into client needs and helping shape our analytics offering.

Key responsibilities include:
  • Deliver catastrophe modelling analysis to support reinsurance placements, portfolio reviews, and client advisory work across property and speciality lines (Marine/Retro/Property Treaty) experience desirable but not essential.
  • Collaborate with senior analytics and broking stakeholders to support the development of catastrophe modelling workflows, processes, and reporting tools.
  • Assist in the creation of catastrophe broking packs that provide clear, actionable insights.
  • Support quality assurance processes and help ensure consistency across client deliverables.
  • Present model outputs and risk insights to brokers, clients, reinsurers, and other stakeholders.
  • Work with the Willis Research Network’s Model Intelligence Team on model evaluation and innovative analytics.
  • Provide modelling support for clients’ regulatory and internal reporting requirements (e.g., Solvency II, Lloyd’s RDS, ORSA).
  • Contribute to client pitches and RFP responses with bespoke modelling solutions.
  • Stay up to date with new tools and methodologies to keep our analytics offering cutting-edge.
About YouEssential:
  • Experience in catastrophe modelling at a reinsurer, insurer, broker, or vendor.
  • Familiarity with at least one vendor model (RMS or Verisk).
  • Understanding of common reinsurance structures (e.g., Catastrophe Excess of Loss, Proportional treaties).
  • Strong Excel and data manipulation skills; SQL knowledge essential.
  • Ability to communicate technical work clearly to non-technical audiences.
  • Comfortable working in a fast-paced, collaborative environment.
Preferred:
  • Technical background in coding, data science, or scientific disciplines.
  • Coding skills in Python, R, or similar; geospatial (GIS) experience an advantage.
  • Interest in catastrophe model evaluation and automation.
  • Familiarity with cloud-based analytics platforms and tools.
  • Knowledge of probability theory and reinsurance modelling.
  • Experience with Marine, Property Treaty and/or retro business desirable but not essential.
  • Exposure to the London and Bermuda markets beneficial.

We combine specialist broking with analytics, modeling and research to help insurers optimize risk transfer, strengthen balance sheets and achieve sustainable growth. Our approach is relationship-driven, transparent and outcome-focused. At the heart of Willis Re is a focus on delivering the most cutting-edge analytical solutions to enable more informed, better decision-making for risk selection, portfolio optimization, and capital management.

The launch of Willis Re brings a strategic advantage of being unhindered by legacy, an ability to leverage data, statistical models and advanced technologies with the best knowledge and expertise to deliver more efficient and effective reinsurance outcomes. This places Willis Re in a unique position to build a truly analytically driven business, focused on creating solutions for the reinsurance industry that are future led and forward thinking.

Willis Re will also leverage recognized technical expertise from WTW’s Insurance Consulting & Technology business including their advanced modeling and analytical capabilities. Alongside this will be WTW’s Research Network, an award-winning business supporting and influencing science to improve the understanding and quantification of risk.

Cat modeller in City of London employer: Willis Re Bermuda

Willis Re is an exceptional employer located in London, offering a dynamic work environment that fosters collaboration and innovation in catastrophe modelling. Employees benefit from a strong focus on professional development, access to cutting-edge analytical tools, and the opportunity to work closely with industry experts, ensuring meaningful contributions to the reinsurance sector. With a commitment to transparency and relationship-driven approaches, Willis Re provides a unique platform for growth and impactful work in a fast-paced setting.
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Contact Detail:

Willis Re Bermuda Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cat modeller in City of London

✨Tip Number 1

Network like a pro! Reach out to industry professionals on LinkedIn or attend local meetups. Building connections can lead to job opportunities that aren’t even advertised.

✨Tip Number 2

Show off your skills! Create a portfolio showcasing your modelling projects and analytics work. This gives potential employers a taste of what you can bring to the table.

✨Tip Number 3

Prepare for interviews by practising common questions related to catastrophe modelling. Be ready to discuss your experience with vendor models and how you can contribute to their analytics capabilities.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive!

We think you need these skills to ace Cat modeller in City of London

Catastrophe Modelling
Reinsurance Knowledge
Excel Proficiency
SQL Knowledge
Data Manipulation Skills
Technical Communication
Collaboration Skills
Coding Skills (Python, R)
Geospatial Analysis (GIS)
Cloud-based Analytics Platforms
Probability Theory
Model Evaluation
Automation Interest
Experience with Marine and Property Treaty

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in catastrophe modelling. We want to see how your skills align with the role, so don’t hold back on showcasing relevant projects or tools you've used!

Showcase Your Technical Skills: Since this role requires strong Excel and SQL skills, be sure to mention any specific projects where you’ve used these tools. If you have coding experience in Python or R, let us know how you've applied that in your previous roles!

Communicate Clearly: Remember, you’ll need to present complex data to non-technical audiences. Use your application to demonstrate your ability to explain technical concepts in a straightforward way. We love clear communicators!

Apply Through Our Website: We encourage you to submit your application through our website for the best chance of being noticed. It’s super easy, and we can’t wait to see what you bring to the table!

How to prepare for a job interview at Willis Re Bermuda

✨Know Your Models

Make sure you’re well-versed in the catastrophe models relevant to the role, especially RMS or Verisk. Brush up on how these models work and be ready to discuss your experience with them during the interview.

✨Showcase Your Data Skills

Since strong Excel and SQL skills are essential, prepare to demonstrate your data manipulation abilities. You might be asked to solve a problem on the spot, so practice common data scenarios beforehand.

✨Communicate Clearly

You’ll need to explain complex technical concepts to non-technical audiences. Practice simplifying your explanations and think of examples where you’ve successfully communicated intricate ideas in the past.

✨Stay Current

Keep yourself updated on the latest tools and methodologies in catastrophe modelling. Mention any recent developments or innovations you’ve come across, as this shows your commitment to staying at the forefront of the industry.

Cat modeller in City of London
Willis Re Bermuda
Location: City of London
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