The job holder will be a member of the SGP&C Specialty Insurance (Single Risks Pricing & Binder) team supporting the Portfolio roll-up process and SBS Account Modelling.
The Cat Modelling Team is embedded within the Specialty Insurance Single-Risk Pricing & Modelling Team will interpret, communicate, and provide reliable, and accurate CAT (natural and man-made) analytics to underwriting teams and other internal and external Stakeholders.
- Perform Portfolio roll-up using third-party catastrophe models with high accuracy and in a timely manner.
- Assist with processing of pre / post bind analyses and maintenance of a reliable and accurate exposure dataset
- Perform the relevant checks and resolve queries to ensure the accuracy and quality of the portfolio.
- Working closely with the outsourcing provider in formatting exposure schedules and performing data quality reviews
- Should be able to identify the movements between the portfolios and able to justify them with sensible commentaries.
- Conduct a thorough analysis of exposure data across multiple lines of business, regions, and products..
- Liaise with internal and external data teams to ensure all modelled policies are captured, that the data is up to date, and data interpretations are accurate.
- Assist in developing a more robust view of the models and components through analysis of catastrophe modelling data and back testing.
- Evaluate and quantify potential risks associated with speciality accumulations, such as natural catastrophes, terrorism, or other relevant perils at both risk and portfolio levels.
- Collaborate with underwriting teams to assess and manage accumulations of risk within defined tolerances.
- Internal training for junior staff and new joiners of other departments
- All other miscellaneous responsibilities as required by management
Required experience & competencies
Experience :
- Experience in using RMS and / or AIR modelling software.
- Good communication skills and experience working with underwriters and clients
- Practical work / programming experience in MS Excel, VBA, R, Python, etc.
- At least 2 years of experience in the London CAT modelling Industry.
- Experience in Lloyd’s / London market with a particular focus on Property, Fine Art, Specie, and Terrorism is an added advantage.
Personal Competences :
- Strong pragmatic problem solving capabilities
- Good team spirit, inter-personal competency
Required experience & competencies
Experience :
- Experience in using RMS and / or AIR modelling software.
- Good communication skills and experience working with underwriters and clients
- Practical work / programming experience in MS Excel, VBA, R, Python, etc.
- At least 2 years of experience in the London CAT modelling Industry.
- Experience in Lloyd’s / London market with a particular focus on Property, Fine Art, Specie, and Terrorism is an added advantage.
Personal Competences :
- Strong pragmatic problem solving capabilities
- Good team spirit, inter-personal competency