Catastrophe Risk Analyst

Aon Hewitt; London; Hybrid; GBP 45,000 - 85,000; Full time

Job summary

Join a forward-thinking company as a Catastrophe Risk Analyst, where you'll lead analytics on natural disaster exposures for UK insurance clients. In this hybrid role, you will engage with reinsurers and brokers, utilizing your expertise in catastrophe modelling and analytics. Your strong analytical skills and experience with vendor models will be crucial as you contribute to proprietary tools and collaborate with global teams. This innovative firm values diversity and offers a supportive environment that promotes work-life balance, ensuring you can thrive while making a significant impact in the field of risk management.

Benefits

Comprehensive benefits package

Diverse workforce

Agile work environment

Work/life balance support

Qualifications

• 5+ years in catastrophe analytics at insurers or reinsurers.
• Strong analytical and coding skills with a focus on data interpretation.

Responsibilities

• Lead client analytics on reinsurance placements and projects.
• Collaborate on catastrophe modelling and risk management.

Skills

Analytical Skills

Problem-Solving

Critical Thinking

Attention to Detail

Organizational Skills

Interpersonal Skills

Coding Skills (Python, SQL, R)

Data Visualization (Tableau, PowerBI)

Geospatial Mapping Software (ArcGIS)

Education

MSc or higher in Finance, Statistics, or Science

BSc in Geography/Environmental and/or Risk

Tools

RMS

Verisk

JBA

MS Office Suite

ArcGIS

Tableau

PowerBI

Job description

Job Title: UK Catastrophe Risk Analyst

Aon is currently recruiting an experienced Catastrophe Risk Analyst to join our UK&I Property Team in London.

Aon's Catastrophe Analytics team provides clients (UK insurance companies, syndicates and reinsurers) with advice on their exposures to natural disasters such as windstorms, floods, and earthquakes.

This is a hybrid role with the flexibility to work both virtually and from our London office.

What the day will look like

Working as the client analytics lead on reinsurance placements and projects. The role will include interaction on pressing topics like View of Risk, Climate Change, Inflation, and Event Response.

This person will lead conversations with reinsurers, brokers, and actuaries to understand exposures, review modelling results, explain modelling limitations, and resolve issues promptly.

For knowledge transfer, there is continuous collaboration with colleagues and client teams outside of the UK, and participation in corporate practice groups and committees related to cat modelling and cat risk management.

This person will also contribute to the suite of proprietary analytical and efficiency tools developed by Aon and Impact Forecasting.

Skills and experience that will lead to success

Experience:

1. 5+ years of experience in catastrophe analytics in a broking house, at insurers, reinsurers, or similar financial services.
2. MSc or higher qualification ideally in finance, statistics, science, or equivalent.
3. BSc in Geography/Environmental and/or Risk.
4. Catastrophe modelling experience with vendor models (RMS, Verisk, JBA).
5. Catastrophe Model Validation and Evaluation experience.

Skills:

1. Strong analytical, problem-solving, and critical-thinking skills complemented by a solid grounding working with and interpreting statistics.
2. Good attention to detail, strong organisational skills, and ability to prioritise work within a dynamic, deadline-driven environment.
3. Highly motivated and strong work ethics.
4. Excellent interpersonal skills with the ability to communicate and present complex ideas and concepts.
5. Ability to approach problem-solving in a practical and innovative manner.
6. Strong computer skills in MS Office suite (skills in programming and machine learning are highly beneficial).
7. Demonstrable coding skills in e.g. Python, SQL, R.
8. Experience of Geospatial mapping software e.g. ArcGIS / Mapping Tools.
9. Data visualisation e.g. Tableau or PowerBI.

How we support our colleagues

In addition to our comprehensive benefits package, we encourage a diverse workforce. Our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon.

Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.