Catastrophe Risk Analyst in London

Location: London
Salary: Hidden
Recruiter: Canopius
Job Hours: Full-time

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The Role

An exciting opportunity for a Catastrophe Risk Analyst to join a leading Catastrophe Management team at one of Lloyd’s largest syndicates.

The successful candidate will be delivering cutting edge analytics to stakeholders across the business for the Binder Property class.

They will be using leading proprietary tools, providing technical support and exposure management to underwriters as part of the Short-Tail Catastrophe Management team.

As an analyst, you will enjoy a close working relationship with underwriting teams and have a real ability to meaningfully influence the risk selection process.

The successful candidate will look to work collaboratively with various internal stakeholders to ensure timely modelling analytics to support risk pricing and wider Catastrophe Management goals.

  • How do we as a Cat Team use models to drive more value and profit in Canopius?
  • How do we manage non-modelled exposures to avoid unanticipated losses and encourage the practices of a diverse, profitable portfolio?
  • How do we provide market leading Cat bet analytics?
  • Responsibilities:

  • Responsible for the pricing and exposure management of Binder business written out of both London and US platforms.
  • Active involvement in developing relationships with underwriters with the aim of integrating underwriting and Cat frameworks and goals – this involves confident and timely delivery of analytics and the ability to explain how these analytics can help drive risk selection.
  • Use RMS and various other tools to deliver market leading analysis both on individual account and portfolio basis.
  • Developing new tools/processes to streamline the catastrophe modelling process and building out smarter analytics.
  • Create a narrative based on the modelling data and other sources to effectively provide a valuable summary of a certain risk and give advice to Underwriters on the strengths and weaknesses of both the data and the model’s ability to provide meaningful results. This includes communicating the concept of uncertainty.
  • Working closely with underwriters to drive decision making for complex risks that fall outside of scope of vendor models including non-modelled risks.
  • Working closely with outsourcing teams to manage workflow and ensure delivery of timely analytics.
  • Communicate risk metrics to key stakeholders.
  • Skills and Experience:

  • Experience in a Cat Modelling role –Binder experience is highly desirable and RMS experience is advantageous.
  • Intermediate/Advanced Experience with MS SQL is a strong advantage. Ability to build/design and manipulate queries to improve process.
  • Experience and understanding of regulatory expectations and able to contribute to Group submissions.
  • Highly numerate and logical – strong mathematical/statistical knowledge is advantageous.
  • Excellent business communication skills – ability to influence, negotiate, and listen.
  • Ability to manipulate large data sets with strong Excel and SQL skills.
  • Experience using Microsoft Power BI for analytic is desirable.
  • Familiarity with another programming language such as VBA, .NET, R, Python is an advantage.
  • ArcGIS or familiarity with other similar programmes is also an advantage.
  • Our benefits

    We offer all employees a comprehensive benefits package that focuses on their whole wellbeing.

    This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

    About Canopius

    Canopius is a global specialty lines (re)insurer.

    We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda. 

    At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results. 

    Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

    We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment.

    All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate.

    We encourage and welcome applicants from all diverse backgrounds. 

    We make reasonable adjustments throughout the recruitment process and during employment.

    Please let us know if you require any information in an alternate format or any other reasonable adjustments.


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