SixteenEighty6

Catastrophe Modelling Analyst

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Our client was formed in 2017 and is home to a broad range of products and risk solutions. The Group is one of the largest privately owned UK companies and the world’s leading independent Lloyd's insurance brokers. It has a collection of “best-in-class” entrepreneurial and specialist brands with £10bn GWP under management and a network of more 130 locations and a combined workforce of 9,000 people worldwide.

Our client is one of the largest privately owned UK companies and the world’s leading independent Lloyd’s insurance brokers. It has a collection of “best-in-class” entrepreneurial and specialist brands with £10bn GWP under management and a network of more 130 locations and a combined workforce of 9,000 people worldwide.

The jewel in the crown is the opportunity to build a specialist reinsurance intermediary that challenges conventional thinking and empowers its staff to deliver innovative and client focused solutions.  Launched in 2020, they have a unique opportunity to bring a fresh perspective to clients in the reinsurance space. As a start-up reinsurance intermediary, they are unencumbered by legacy propositions and able to dictate who they want to be and how they want to work; whilst being part of the group offers them huge scale, resources and expertise that will help them to succeed. Their ambition is to become the leading independent provider for reinsurance and risk strategy in the market.

With this in mind, we are looking for several Catastrophe Modelling Analyst’s join what will be the leading and most forward-thinking analytics team in the market today.

Main Responsibilities: 

  • Interrogate data to inform conclusions and develop bespoke visualisations
  • Support clients and brokers in order to identify and quantify catastrophe risks
  • Help develop models where no reliable risk quantification tools exist e.g. non-modelled catastrophe perils
  • Report results and findings in a timely and accurate manner using a clear communication style
  • Support  RFPs, producing materials for prospective clients
  • Use best practice techniques to ensure consistent capability

Strategy, Plans and Budgets: 

  • Work within budgeted financial costs
  • Use technology to improve efficiency and reduce costs wherever possible

Representing the group: ·

  • Champion the group’s name and core values.
  • Represent the group with clients, agents, suppliers, and other organisations.

Compliance:

  • Comply with relevant legal, regulatory and compliance requirements, Errors and Omissions (E&O) compliance procedures and quality initiatives.
  • Escalate any potential E&O’s to Divisional Directors and the Legal & Compliance team at the earliest opportunity.
Essentials:

  • High degree of numeracy
  • Ability to communicate and interact effectively with brokers / external clients
  • Ability to work within a team, document work and explain findings
  • Ability to work independently to deliver insightful conclusions to problems
  • Discipline to conform to best practice actuarial and catastrophe modelling standards

Desirables:

  • Degree with a Geography bias
  • Basic knowledge of coding languages such as SQL, VBA, R or Python

 

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