Catastrophe Pricing Analyst

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

Job summary

A leading insurer is seeking a candidate focused on catastrophe risk analysis, particularly in Hurricane and related perils. The ideal applicant will support pricing and underwriting functions, develop new products, and optimize portfolio management, requiring a strong background in STEM, excellent analytical skills, and familiarity with the US insurance market. Proficiency in SQL programming and geospatial analysis would be highly advantageous for this role.

Qualifications

• Experienced in Catastrophe Management or pricing.
• Degree holder in a STEM field.
• Good understanding of US insurance market is advantageous.

Responsibilities

• Leverage claims dataset for cat pricing updates.
• Work with vendors to refine risk selection.
• Support product development for wildfire and earthquake.
• Develop a climate resilient portfolio.

Skills

Catastrophe Management

Numeracy

Business communication

Technical skills in SQL

Programming skills

Education

Degree in a STEM discipline

Tools

SQL

Python

R

GIS

Job description

Overview

From the outset, your work to refine the Vave view of catastrophe risk for US perils will have a direct impact on our competitiveness and our profitability. The nature of the Vave portfolio means that Hurricane will be the focus of your efforts, but your responsibility will include Convective Storm, Flood, Earthquake and other emerging perils. You will be directly involved in pricing and appetite decisions, will be instrumental in further embedding climate resilience into our portfolio, and leverage Vave's proprietary claims and exposure datasets. Externally you will foster relationships with third party data providers and model vendors, and your expertise will be invaluable in discussions with capacity providers and other investors.

The role will be ideal for a candidate with a grounding in Catastrophe risk, but with a desire to move into a more underwriting and pricing focused role.

Key Responsibilities

• Leverage Vave's unique claims and exposure dataset as part of a process of continually updating our cat pricing
• Work with third party vendors to bring in new sources of hazard data to refine our risk selection and pricing
• Enhance Vave's view of building vulnerability
• Support development and expansion of products, for example wildfire and earthquake
• Continue to develop Vave's view of climate change and work to build a climate resilient portfolio
• Work with the exposure management team on portfolio optimisation and cross-peril correlation

Skills and Experience

• Experience in Catastrophe Management or Catastrophe pricing
• Highly numerate with a good degree in a STEM discipline
• Experience of US insurance market and perils highly advantageous
• Excellent business and communication skills
• Strong technical skills in SQL essential with Python and R advantageous
• Geospatial analytical skills (GIS) advantageous
• Programming skills highly advantageous
• Good understanding of actuarial techniques