At a Glance
- Tasks: Deliver high-quality catastrophe modelling and collaborate on innovative analytics projects.
- Company: Join a cutting-edge analytics team at Willis Re, a leader in reinsurance solutions.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Opportunity to work with senior brokers and gain valuable insights into client needs.
- Why this job: Make a real impact in the reinsurance industry with your analytical skills.
- Qualifications: Experience in catastrophe modelling and strong data manipulation skills required.
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 You
Essential:
- 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.
About Willis Re
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 London employer: Willis Re
Willis Re is an exceptional employer that fosters a collaborative and innovative work culture, where Catastrophe Modellers can thrive in a fast-paced environment while contributing to cutting-edge analytics solutions. Employees benefit from continuous professional development opportunities, exposure to senior industry professionals, and the chance to work with advanced technologies in a dynamic London market. With a strong focus on relationship-driven outcomes and a commitment to employee growth, Willis Re stands out as a rewarding place for those seeking meaningful careers in reinsurance analytics.
StudySmarter Expert Advice🤫
We think this is how you could land CAT Modeller in London
✨Tip Number 1
Network like a pro! Reach out to industry professionals on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Show off your skills in real-time! If you get the chance, offer to present your modelling insights or analysis during interviews. It’s a great way to demonstrate your expertise and passion.
✨Tip Number 3
Tailor your approach! Research the company’s recent projects or challenges and come prepared with ideas on how you can contribute. This shows you’re not just another candidate; you’re invested in their success.
✨Tip Number 4
Don’t forget to apply through our website! We love seeing candidates who take the initiative. Plus, it gives you a better chance of being noticed by our hiring team.
We think you need these skills to ace CAT Modeller in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of a Catastrophe Modeller. Highlight your experience in catastrophe modelling and any relevant tools you've used, like RMS or Verisk. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about catastrophe modelling and how you can contribute to our analytics capability. Keep it engaging and make sure to connect your experiences to the job description.
Showcase Your Technical Skills:Don’t forget to mention your technical skills, especially in Excel, SQL, and any coding languages like Python or R. We love candidates who can communicate complex ideas clearly, so give us examples of how you've done this in the past!
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Willis Re
✨Know Your Models
Make sure you brush up on your knowledge of catastrophe modelling, especially the vendor models like RMS or Verisk. Be ready to discuss how you've used these models in past roles and how they can apply to the job at hand.
✨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 that could come up in catastrophe modelling.
✨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 an understandable way.
✨Stay Current
Familiarise yourself with the latest tools and methodologies in catastrophe modelling. Being able to discuss recent advancements or trends in the industry will show your passion and commitment to staying ahead in the field.
