Catastrophe Analyst

Miller Insurance Services LLP; Greater London; On-site; GBP 60,000 - 90,000; Full time

Benefits offered by this job

10% pension contribution

Private Medical Insurance

25 days annual leave

Life Assurance

Income Protection

Critical Illness cover

Enhanced Maternity, Paternity Adoption

Job summary

Miller Insurance Services LLP in London seeks a catastrophe analytics professional to support risk analyses and exposure assessments for multiple business units. You will contribute to modelling, analysis and communication of catastrophe risk for Lloyd’s, London and international markets.

Under guidance, you will develop knowledge of catastrophe modelling, exposure data management, and related analytical techniques across diverse business streams while maintaining rigorous documentation and

Responsibilities

• Support the Catastrophe Analytics team in providing catastrophe risk and exposure analyses for Miller Business Units.
• Contribute to the modelling, analysis, preparation and communication of catastrophe risk information in support of the placement and monitoring of insurance and reinsurance risks across the Lloyd’s, London and international markets.
• Work under the guidance of more experienced colleagues, develop practical knowledge of catastrophe modelling, exposure data management, insurance and reinsurance products, and relevant analytical techniques.
• Support the modelling and analysis of catastrophe exposure across a range of business streams, including Delegated Authorities, Property and Casualty, Marine, Energy and Construction, Portfolio Solutions and Reinsurance.
• Assist with investigations into the appropriateness and sensitivity of modelling assumptions, while maintaining Miller’s commercial position and relevant professional standards.
• Maintain robust documentation, data cleansing, data manipulation and peer review practices to ensure accuracy and relevance of model outputs and assumptions, clearly explaining any limitations of outputs.
• Communicate modelling process and results with internal and external stakeholders, both verbally and through formal reports/presentations, to an excellent standard.
• Work with the team to build trusting relationships with internal and external stakeholders.
• Ensure accuracy in work, with peer review and timely delivery of outputs.
• Develop technical knowledge of catastrophe modelling, exposure management, insurance and reinsurance products, catastrophe perils and relevant modelling platforms.
• Adhere to and meet Miller’s policies and procedures, training material, and controls, including Lloyd’s byelaws and FCA rules.
• Promote Miller brand and values to enhance Miller’s reputation in the market

Skills

Catastrophe modelling

Data analysis

Stakeholder communication

Job description

Headquartered in London, we operate internationally and at Lloyd’s. With a global team of over 1000 people and 10 international offices, we’re able to advise from Brussels to Bermuda. As an independent (re)insurance broking firm we work with intermediaries, direct insureds and reinsureds. For over 120 years we’ve been industry leaders in a variety of specialist areas.

Working here

A career with us means the freedom to flourish. Whether you’re beginning your journey or ready to make your next move you’ll find a team of talented, inspirational people who care about their work and each other.

What really sets us apart is our people. We’re a diverse range of passionate advocates for doing things differently. We work together as one team, and our aim is always the outcome that will benefit everyone.

What you’ll do:

• Support the Catastrophe Analytics team in providing catastrophe risk and exposure analyses for Miller Business Units.
• Contribute to the modelling, analysis, preparation and communication of catastrophe risk information in support of the placement and monitoring of insurance and reinsurance risks across the Lloyd’s, London and international markets.
• Working under the guidance of more experienced colleagues, develop practical knowledge of catastrophe modelling, exposure data management, insurance and reinsurance products, and relevant analytical techniques.
• Support the modelling and analysis of catastrophe exposure across a range of business streams, which may include Delegated Authorities, Property and Casualty, Marine, Energy and Construction, Portfolio Solutions and Reinsurance, helping to enhance Miller’s offering to its clients.
• Assist with investigations into the appropriateness and sensitivity of modelling assumptions, while maintaining Miller’s commercial position and relevant professional standards.
• Maintain robust documentation, data cleansing, data manipulation and peer review practices to ensure accuracy and relevance of model outputs and assumptions, clearly explaining any limitations of outputs.
• Communicate modelling process and results with internal and, where appropriate, external stakeholders, both verbally and through formal reports/presentations, to an excellent standard
• Work with the team to build trusting relationships with internal and external stakeholders
• Ensure excellent standards of accuracy in work, ensuring all work is appropriately peer-reviewed and work with the team to manage competing priorities to deliver work in a timely fashion.
• Develop technical knowledge of catastrophe modelling, exposure management, insurance and reinsurance products, catastrophe perils and relevant modelling platforms.
• Adhere to and meet fully the expectations of Miller, as set out in its policies and procedures, training material, and embedded in its systems and controls. Our policies and procedures are written to encapsulate the compliance, legal and financial crime related legislation and regulations which apply to Miller.
• Comply with any external rules and requirements imposed on individuals performing their role at Miller, such as Lloyd’s byelaws and FCA rules.
• Promote Miller brand and values to enhance Miller’s reputation in the market

On top of a competitive salary we offer a fantastic benefits package including:

• 10% pension contribution from Miller. In addition, Miller will match any employee contributions up to 5%.
• Private Medical Insurance
• Minimum of 25 days annual leave (with flexibility to buy more)
• Life Assurance
• Income Protection
• Critical Illness cover
• Enhanced Maternity, Paternity Adoption and Shared Parental Leave

At Miller, we are committed to creating an inclusive and supportive environment for all candidates. If you require any adjustments or accommodations to support you during the application process, please don’t hesitate to let us know.