Catastrophe Risk Analyst

Aon Corporation; London; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a skilled Catastrophe Risk Analyst to join their dynamic team in London. This hybrid role offers the chance to work both remotely and in-office, focusing on catastrophe analytics for UK insurance clients. The successful candidate will lead analytics on reinsurance placements, engage with clients on critical topics like climate change and risk exposure, and contribute to innovative analytical tools. The organization values diversity and inclusivity, providing a supportive environment for professional growth and work-life balance. If you're passionate about analytics and eager to make an impact, this is the perfect opportunity for you.

Benefits

Comprehensive benefits package

Diverse workforce

Agile work environment

Work/life balance support

Qualifications

• 5+ years in catastrophe analytics in financial services.
• MSc in finance/statistics or BSc in Geography/Risk required.

Responsibilities

• Lead client analytics on reinsurance placements and projects.
• Contribute to proprietary analytical tools and resolve modelling issues.

Skills

Analytical Skills

Problem-solving Skills

Critical-thinking Skills

Attention to Detail

Organizational Skills

Interpersonal Skills

Coding Skills (Python, SQL, R)

Data Visualization Skills

Education

MSc or higher in Finance, Statistics, Science

BSc in Geography/Environmental/Risk

Tools

RMS

Verisk

JBA

ArcGIS

Tableau

PowerBI

MS Office Suite

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 is the best regarded of its kind in Europe. The team sits within Aon Reinsurance Solutions and 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. For client portfolios, 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.

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. Plus, 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.