Catastrophe Modelling Analyst

Sompo Holdings, Inc.; Greater London; On-site; GBP 50,000 - 70,000; Full time

Benefits offered by this job

Health & Wellness Benefits

Retirement & Savings Plans

Tuition Reimbursement

Job summary

Sompo Holdings, Inc. is seeking a Catastrophe Modelling Analyst to join their London Catastrophe Modelling team. In this role, you'll engage in pre-modelling for various insurance lines and assist with portfolio reporting.

Candidates should have experience in cat modelling and competencies in SQL and VBA. Offering a supportive work environment that emphasizes collaboration, Sompo values diversity and strive for empowerment.

Qualifications

• Experience in cat modelling, preferably in an insurance environment.
• Strong numerical data handling and analysis skills.
• Ability to work effectively individually and as part of a team.

Responsibilities

• Pre-modelling of underwriting submissions for various lines of business.
• Assisting portfolio reporting and management of risk modelling.
• Understanding and interpreting slips to ascertain modelling assumptions.

Skills

Cat modelling experience

SQL competence

VBA experience

Numerical data handling

Technical communication

Teamwork

Tools

RMS detailed loss modelling platform

GIS tools

Job description

Job Description Are you looking for your next opportunity? Sompo has a unique opportunity for a Catastrophe Modelling Analyst in our Catastrophe Modelling team.

Location: This position will be based out of our London office.

We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

What you’ll be doing:

• Pre-modelling of underwriting submissions for Property, Energy, Marine and any other lines as per business needs
• Assisting portfolio reporting – preparation and management of risk modelling ready for monthly roll up process across multiple lines of business
• Regulatory returns
• Ad hoc projects as required
• Ability to understand and communicate technical concepts
• Understand and interpret slips to ascertain key modelling assumptions, and ensure completeness of data, liaising with brokers and other parties to supplement where necessary

What you’ll bring:

• Experience in cat modelling, preferably in an Insurance environment experience and knowledge of the RMS detailed loss modelling platform
• Competent in SQL and VBA with proven experience of building reporting tools
• Knowledge of GIS tools an advantage
• Strong numerical data handling and analysis skills
• Ability to understand and communicate technical concepts
• Ability to work effectively individually and as part of a team
• Strong verbal and written communication skills – position requires interaction with numerous employees on all platforms of business

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees. Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance. We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.

Below is a summary of some of the benefits we offer, which may vary depending on the country:

• Health & Wellness Benefits
• Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance
• Employee Assistance Program
• Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide.

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work.

If you need an accommodation for any part of the application process, please contact the recruiter in charge.

We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 137 years of innovation of our parent company, Sompo Holdings, Inc., Sompo employs approximately 10,000 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™.

“Sompo” refers to the brand under which Sompo International Holdings Ltd., a Bermuda-based holding company, together with its consolidated subsidiaries, operates its global property and casualty (re)insurance businesses. Sompo International Holdings Ltd. is an indirect wholly-owned subsidiary of Sompo Holdings, Inc., one of the leading property and casualty groups in the world. Shares of Sompo Holdings, Inc. are listed on the Tokyo Stock Exchange.

To learn more please follow us on LinkedIn or visit sompo-intl.com.