Catastrophe Modelling Analyst

Arch; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

An international insurance company is seeking a skilled professional to manage their property portfolio and support exposure management. The ideal candidate will have extensive experience in catastrophe modelling and strong analytical skills. You'll be responsible for preparing data for reinsurance purchasing and assisting in internal/external reporting. Position requires good knowledge of insurance policies and communication skills to convey complex concepts clearly. Join a collaborative team that values innovation.

Qualifications

• Good working knowledge of at least 1 catastrophe model.
• Practical knowledge of property insurance policies.
• Proven organisational and workload management skills.
• 3+ years experience in Insurance.

Responsibilities

• Lead analyst for property across multiple sub classes of business.
• Manage all aspects of the property portfolio for exposure management.
• Analyze monthly variances within Arch portfolios.
• Prepare data for outwards reinsurance purchasing.

Skills

Catastrophe modelling knowledge (preferably Verisk/AIR)

Understanding of Insurance

Communication skills for complex concepts

Organisational skills

Problem-solving skills

IT skills (Excel, VBA, SQL)

Analytical mindset

Education

Degree qualified or 3 years’ experience in Insurance

Job description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Role Summary and Purpose

• Arch is made up of 2 Lloyd’s syndicates, 2012 and 1955 and a Company portfolio.
• This role is responsible for the management and modelling of the property portfolio.
• Produce monthly classes of business reports and assist with the monthly roll-ups for internal/external reporting. As well as any underwriting request for additional information.
• Communicate with underwriters to ensure the smooth operation of Exposure Management services within the business. Including ensuring we gather accurate and timely data for modelling.
• Ad hoc projects such as model validation and process automation.

Key Tasks and Responsibilities

• Lead analyst for property across multiple sub classes of business, including Arch’s UK and Australia primary business as well as traditional D&F.
• Responsibility for managing all aspects of the property portfolio for exposure management and catastrophe analytics purposes.
• Analysis of monthly variances and ensuring good data governance within Arch portfolios.
• Preparing data for outwards reinsurance purchasing for multiple Arch entities.
• Assist with internal and external reporting
• Support during Event Response.
• Completing ad hoc requests from underwriters to assist with pricing and monitoring of risk.
• Ad hoc requests from the Catastrophe Managers and Head of Department

Role Requirements & Skills

• Good working knowledge of at least 1 catastrophe model, preferably Verisk/AIR.
• Strong understanding of Insurance gained in a relevant industry role.
• Practical knowledge of property insurance policies.
• Ability to communicate complex catastrophe modelling concepts to a non-technical audience.
• Proven organisational and workload management skills.
• Strong Problem-Solving skills and keen attention to detail.
• Excellent IT skills, including programming skills (eg. Excel, VBA and SQL)
• Analytical/technical mindset with an understanding of Catastrophe Models and financial model output.
• Degree qualified, or 3 years’ experience in Insurance.
• 3+ years Insurance.
• Experience working in a similar role, in a Lloyd’s syndicate or similar.
• Experience modelling property policies for catastrophe modelling

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14101 Arch Europe Insurance Services Ltd