Energy Cat Modeling Lead | London, UK

Everest Insurance; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

Join a leading global insurance provider as an Energy Cat Modeling Lead, where you will partner with underwriters to deliver pre-bind catastrophe analytics while enhancing risk workflow processes for oil, gas, and power sectors. This key role within the Exposure Management team will not only contribute to catastrophe modelling capabilities but also foster professional growth in a culture that values innovation, risk management, and inclusivity. A great opportunity awaits in a thriving international environment.

Benefits

Dynamic training & professional development

Generous tuition reimbursement programs

Flexible work arrangements

Mentoring opportunities

Qualifications

• Strong analytical skills and attention to detail.
• Excellent oral and written communication skills.
• Ability to work under own initiative and adapt to business needs.

Responsibilities

• Drive pre-bind pricing capabilities for Energy & Construction.
• Manage the outsourcing team ensuring timely data processing.
• Support catastrophe event response reporting.

Skills

Analytical skills

Communication

Problem Solving

Innovation

Education

Experience in catastrophe modeling

Knowledge of Lloyd's Exposure Management

Tools

Excel

SQL

GIS

Power BI

Python

Job description

Energy Cat Modeling Lead

Everest Insurance London, United Kingdom

Energy Cat Modeling Lead

Everest Insurance London, United Kingdom Apply now Posted 16 days ago Permanent Competitive

Energy Cat Modeling Lead

Title:
Energy Cat Modeling Lead

Company:
Everest Advisors (Uk), Ltd.

Job Category:
Analytics

Job Description:

About Everest:
Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.

About the Role:

The Cat and Exposure Management team sit within the Everest International CUO Office and report directly to the Chief Underwriting Officer, with an additional secondary reporting line to the Group Head of Cat and Exposure Management. This dual reporting line allows the International Cat team to be integrated with underwriters whilst ensuring we share technical capabilities with our colleagues in North America.

The key priorities of the team are to; 1) manage and monitor accumulations across all classes of business to ensure that we maintain control of catastrophe risk in line with the agreed cat risk appetites set by the business, 2) Provide cat analytics to inform cat pricing and business planning (both nat cat and non nat cat), 3) report on exposures post cat event, 4) satisfy regulatory requirements and 5) support the Group validation of the cat view of risk. The team is split between Exposure Analytics and Reporting, Property Cat Modelling and Speciality Cat Modelling.

The Energy Cat Modeling Lead will be a business partner to the Energy & Construction Underwriters by providing them with pre & post bind catastrophe risk analytics. This will include detailed pre-bind pricing analytics, managing the data cleansing outsourcing relationship, helping enhance existing workflows and views of risk, and being involved with ad hoc projects including model validation.

The Energy & Construction book covers oil and gas, power, renewables, and construction. There is significant growth planned for Everest International, both organic growth and across new office/regions. This role will be integral to the development and embedding of catastrophe modelling capabilities throughout Everest Insurance International.

Role & Responsibilities (include but not limited to):

• Continually drive forward the pre-bind pricing capabilities for Energy & Construction internationally. Working with UWs to enhance their understanding of cat.
• Manage the outsourcing team; ensuring data standards are met and risks processed timely and accurately, using AIR vendor models and other external data sources.
• Enhance workflows for Energy & Construction and provide innovative solutions to enhance Everests view of risk.
• Complete the monthly roll-up process for the Energy & Construction classes, including running the probabilistic analysis in AIR Touchstone and updating reinsurance assumptions. Hold monthly roll up meetings with the Underwriters, deep diving in their portfolio and communicating position against cat appetites.
• Develop tools to help automate current Cat modelling processes.
• Support catastrophe event response reporting.
• Communication of cat model output to key stakeholders including Underwriters, Actuarial and Senior Management.
• Collaborate, present, and share knowledge with the wider Exposure Management team and Group Exposure Management function.
• Mentor/train junior Cat Analysts in team.

Qualifications:

• Experience working in a catastrophe modelling / exposure management team.
• Experience of working with natural catastrophe models; AIR preferred.
• Knowledge of Lloyds Exposure Management requirements (desirable)

Knowledge, Skills & Competencies :

• Strong analytical skill with attention to detail.
• Excellent oral and written communication skills with experience presenting to Underwriters.
• Strong technical skillset (e.g. Excel / SQL / GIS / PowerBI / Python).
• Ability to work under own initiative and show flexibility to meet business needs.
• Ambitious and inquisitive, keen to work closely with the wider Cat team, to drive change in the function.
• Ability to think differently to find innovative solutions to problems.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

What if I don't meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn't align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:
Regular

Time Type:
Full time

Primary Location:
London

Additional Locations:

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