Risk Analyst

Atrium; Greater London; Hybrid; GBP 55,000 - 75,000; Full time

Benefits offered by this job

Flexible working arrangements

Career development

Equal opportunities employer

Job summary

Atrium, a Lloyd's insurer with a long-standing heritage, seeks two Risk Analysts for its Delegated Property Catastrophe team to develop exposure and catastrophe risk metrics supporting risk management and underwriting decisions.

You will support Delegated Property Underwriting via pre-bind modelling, data cleansing, and model validation, using catastrophe models to deliver portfolio insights and enhance exposure MI across the organisation. Flexible working arrangements available.

Qualifications

• Experience with catastrophe modelling platforms (RMS, AIR) and data analysis.
• Strong numerical aptitude with ability to produce and interpret statistical data.
• Proficiency in MS Office applications with accuracy and efficiency.
• Experience with data cleansing and quality checks to maintain data integrity.
• Exposure to SQL is advantageous but not essential.

Responsibilities

• Provide direct support to the Delegated Property Underwriting team through pre-bind modelling and other assistance as required.
• Investigate aggregations, track portfolio movements, and support understanding changes in risk or concentrations of exposure.
• Assist in producing RDS submissions, model outputs, and monthly exposure reports.
• Validate model results for syndicate reporting and regulatory submissions.
• Contribute to the preparation of regulatory returns in line with compliance requirements.
• Perform data cleansing tasks and data quality checks to ensure accuracy.
• Use catastrophe models to deliver portfolio analysis and insights.
• Enhance the accessibility and usability of exposure management information across the business.
• Promote adoption of exposure MI and innovative technology solutions.

Skills

Catastrophe modelling

SQL

Data analysis

MS Office

Numerical aptitude

Attention to detail

Time management

Tools

RMS

AIR

Job description

In a world of constant change, you need an insurer who has stood the test of time. Our reputation is built on consistency, expertise, and a client-first approach.

We manage Syndicate 609, one of the oldest syndicates at Lloyd’s, with a history going back to the 1930s. Our longevity reflects the strength of our underwriting discipline, the depth of our relationships, and our ability to adapt to the evolving needs of our clients and the wider insurance marketplace.

We’re all in it together at Atrium

We are committed to creating an environment where people learn, grow, and follow what they’re passionate about. Our culture encourages staff to feel confident in making decisions at any stage of their career and do work that makes them proud, knowing they’re playing a valuable role in shaping the success of the business.

Role

We are seeking two Risk Analysts to join our Delegated Property Catastrophe team. In this role, you will play a key part in developing and analysing exposure and catastrophe risk metrics, helping to support informed risk management and underwriting decisions.

Description

• Provide direct support to the Delegated Property Underwriting team through pre-bind modelling and other assistance as required.
• Investigating aggregations, tracking portfolio movements, and supporting the team in understanding changes in risk or concentrations of exposure.

Reporting and Regulatory Compliance

• Assisting in the production of RDS submissions, model outputs, and monthly exposure reports.
• Validating model results for syndicate reporting and regulatory submissions.
• Contributing to the preparation of regulatory return sin line with compliance requirements.

Data Management and Quality Assurance

• Performing data cleansing tasks and conducting data quality checks to ensure accuracy and consistency.
• Monitoring the quality of data entry and collaborating with underwriting teams to maintain and improve standards.

Analytics and Insights

• Using catastrophe models and analytical tools to deliver portfolio analysis and insights.

Exposure Management Information (MI)

• Enhancing the accessibility and usability of exposure management information (MI) across the business.
• Promoting the adoption of exposure MI and innovative technology solutions throughout the organisation.

Required Knowledge and Skills

• Proficiency in MS Office applications, with a focus on accuracy and efficiency.
• Experience with catastrophe modelling platforms (e.g. RMS, AIR).
• Ability to perform data cleansing and quality checks to maintain integrity and reliability of exposure data.
• Strong numerical aptitude, with the ability to produce and interpret statistical data accurately.
• Demonstrable knowledge or proven aptitude for computer programming; familiarity with SQL is highly advantageous but not essential.
• Understanding of geography, natural sciences, or engineering principles. A formal science degree is not required, but an interest and foundational knowledge in these areas is beneficial.
• Time management and ability to meet tight deadlines.

Atrium offers all permanent employees the chance to work flexibly through our charter for flexible working - we actively invite applications from candidates requiring any form of flexible working arrangements.

Atrium is an Equal Opportunities employer with a strong and passionate commitment to Diversity, Equity, and Inclusion. Atrium actively invites applications from candidates requiring any form of flexible working arrangements.

We do not discriminate based upon age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, sexual orientation, or any other applicable legally protected characteristic.

We’re committed to providing reasonable adjustments or accommodations for applicants, so if you need assistance or support during the recruitment process, please get in touch.