Property Cat Modeling Lead

Everest Re Group,; London; Hybrid; GBP 80,000 - 120,000; Full time

Job summary

A leading insurance company seeks a Property Cat Modeling Lead to manage and analyze catastrophe risk. The candidate will collaborate with underwriters, enhance pricing capabilities, and lead modelling projects. Ideal for those with strong analytical and technical skills, confident communicating with stakeholders.

Qualifications

• Experience working in catastrophe modelling or exposure management team.
• Strong analytical and technical skills.
• Excellent oral and written communication skills.

Responsibilities

• Manage pre-bind pricing capabilities for Property internationally.
• Lead a variety of cat modelling projects.
• Enhance workflows and provide innovative solutions.

Skills

Analytical skills

Communication skills

Technical skills

Innovative thinking

Education

Experience in catastrophe modelling

Knowledge of Lloyds Exposure Management requirements

Tools

Excel

SQL

GIS

PowerBI

Python

Job description

Title:

Property Cat Modeling Lead

Company:

Everest Advisors (Uk), Ltd.

Job Category:

Analytics

Job Description:

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 & Reporting and Cat Modelling.

The Cat Modeling Lead will be a business partner to the Property 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.

This position will be based in our London office with a hybrid schedule that has the option of working two days remotely each week.

Role & Responsibilities (include but not limited to):

• Continually drive forward the pre-bind pricing capabilities for Property internationally. Working with UWs to enhance their understanding of cat.

• Lead a variety of cat modelling projects (e.g. peril region deep dives).

• 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 Property and provide innovative solutions to enhance Everests view of risk.

• Complete the monthly roll-up process for the Property 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.

• 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. Clickhereto learn more about our culture.

• Our Valuesare 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 Behaviorsdefine 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 Valuesare 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 Behaviorsdefine 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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