ECM Analyst - Non Nat Cat

CNA Hardy; London; On-site; GBP 40,000 - 60,000; Full time

Job summary

CNA Hardy is seeking an ECM Analyst for its London team to manage and report on non-natural catastrophe risks. The role involves developing risk scenarios, ensuring data integrity, and contributing to regulatory compliance. Ideal candidates will possess strong analytical and communication skills, along with a solid understanding of risk management frameworks.

Qualifications

• Ability to interpret and analyze model outputs.
• Understanding of aggregating risks.
• Knowledge of risk management frameworks.

Responsibilities

• Produce management information related to non-natural catastrophe risks.
• Create scenarios for underwriting risks.
• Ensure data completeness for risk quantification.

Skills

Analytical skills

Communication skills

Mathematical abilities

Organizational skills

Business acumen

Education

Completion of professional studies

Job description

Function / Area: Exposure & Catastrophe Management

Reporting to: Head of Exposure and Catastrophe Management

Position Summary

We are seeking an ECM Analyst to join our London team. The role involves reporting and exposure management of the non-natural catastrophe risk portfolio across all CNA Hardy lines of business. The analyst will ensure that our models and methodologies are robust and validated appropriately.

Key Responsibilities

1. Produce and develop management information related to non-natural catastrophe aggregating risks, including Cyber, Liability, and man-made property risks.
2. Create and maintain scenarios for non-natural catastrophe underwriting risks, including RDSs and risk appetites.
3. Contribute to external reporting such as RDS, Standard Formula, Pool Returns, etc.
4. Ensure data completeness to facilitate risk quantification.
5. Assist in developing tools and methodologies to measure and control non-natural catastrophe risks.
6. Participate in Exposure and Catastrophe Management Group and related working groups.
7. Develop and maintain procedures and documentation.
8. Support system upgrade testing to ensure functionality, operational requirements, and reporting efficiency.
9. Assist the Reinsurance team with data for Non Nat Cat reinsurance placements.
10. Participate in model and scenario validation, including sensitivity analysis and output adjustments.
11. Contribute to man-made catastrophe event response where appropriate.
12. Assist management with ad hoc ECM projects.
13. Ensure compliance with legal and regulatory requirements.
14. Perform additional duties as assigned.

Skills, Knowledge & Experience

1. Ability to interpret, analyze, and communicate model outputs to stakeholders.
2. Understanding of aggregating risks.
3. Sound judgment and business acumen.
4. Effective planning and organizational skills.
5. Mathematical and statistical abilities.
6. Knowledge of risk management and governance frameworks.
7. Understanding of underwriting risks and processes.
8. Knowledge of relevant legal and regulatory requirements.
9. Ability to promote CNA Hardy’s profile.
10. Effective communication skills.
11. Completion of professional studies.

Additional Information

Company Overview

CNA Hardy is a leading specialist commercial insurer serving Lloyd’s and company markets, part of CNA Financial Corp. Established in 1897, with approximately 7,000 employees worldwide, offering a wide range of insurance solutions.

Why Choose CNA Hardy?

• Our people: We prioritize being a great place to work to attract and develop top talent.
• Our products: We develop innovative solutions tailored to industry needs.
• Our relationships: We focus on building enduring partnerships with customers and producers.
• Our track record: Strong financial ratings underpin our commitments.

Treating Customers Fairly

• We deal professionally, openly, and honestly with customers.
• We aim to meet their needs with appropriate products.
• We do not unreasonably reject claims.
• We strive to do things right the first time and correct mistakes promptly.

Equal Opportunity Employer