Senior Catastrophe Modelling Analyst

BMS Group; England; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading analytics firm in the UK is seeking a Senior Catastrophe Analyst to enhance catastrophe analytics capabilities and support team growth. The successful candidate will work with various teams on data manipulation, client presentations, and bespoke analytics solutions. Proficiency in catastrophe modelling tools and Microsoft Office, along with strong communication skills, are essential. This role offers an exciting opportunity to influence strategic data solutions and improve efficiency across workflows.

Qualifications

• Experience of using at least one catastrophe model.
• Relevant experience in the insurance industry.
• Strong attention to detail in analysis and reporting.

Responsibilities

• Support catastrophe analytics capabilities and team growth.
• Engage with teams around catastrophe analytics support.
• Develop bespoke catastrophe analytics solutions for clients.

Skills

Experience with catastrophe models (RMS, AIR, KatRisk, KCC)

Numeracy and literacy skills

Proficient in Microsoft Office (PowerPoint, Excel, PowerBI)

SQL knowledge

Geospatial analytical experience (GIS software)

Creative problem-solving skills

Tools

RMS

PowerBI

Python

Alteryx

Job description

Position Title

Senior Catastrophe Analyst

Reports to

UK Catastrophe Analytics Lead

Location

London

Summary of Position

The role will work with the existing analytics teams (UK and US actuarial as well as the US catastrophe function) to service broking teams and their clients across the UK, Bermuda and International functions.

There are no silos at BMS and analytics is looking to position itself as a global value-add service within the business operating across one platform.

The role will focus on catastrophe analytics, utilising industry standard tools (RMS Moody’s and Verisk platforms), building relationships and assessing non-standard tools (e.g. Fathom, KCC, Renew Risk) as well as using and supporting development of bespoke BMS tools to support BMS tools and practice to support (re)insurance placements from across multiple lines of business.

There will also be opportunities to get involved in data strategies at both function and group levels, playing a key role in driving automation and improving efficiency across aligned workflows. There will be a strong element of client facing, with the aim of catastrophe modelling analysts at BMS Re becoming consumers of cat analytics, not just producers.

Key Responsibilities and Accountabilities

This position supports the business by enhancing its catastrophe analytics capabilities, whilst also helping to shape strategic direction and support team growth. Key responsibilities will include, but are not limited to :

• Data manipulation and reporting, predominantly with a catastrophe modelling focus.
• Producing and analysing catastrophe modelling output.
• Presenting to clients and colleagues.
• Project work focused on developing bespoke catastrophe analytics solutions for clients.
• Engaging with various teams across the company regarding catastrophe analytics support.
• Aid with RfP Presentations.
• Develop tools and processes to improve efficiency and analytical capability.
• Support market submissions.
• Support team growth with learning and development initiatives.
• Participate in strategic initiatives ranging from new insurance products to data solutions.
• Adhere to company and regulatory policies and procedures together with mandatory training requirements.
• Adhere to financial reporting requirements including monthly phasing of income.

Functional and Behavioural Competencies required

• Experience of using at least 1 catastrophe model : RMS, AIR, KatRisk or KCC for example.
• Numeracy and literacy skills.
• Proficient in Microsoft Office (e.g. PowerPoint, Excel, PowerBI).
• SQL knowledge required, additional coding knowledge beneficial (e.g. Python / R or experience of working with Alteryx).
• Geospatial analytical experience (i.e. GIS software) is beneficial.
• Relevant experience in the industry.
• Professional and personable at all times; to support and advocate for all aspects of the business, to recognise and build upon areas of development.
• Quick to learn, comfortable and capable communicating with clients and internal stakeholders
• Creative in their thinking and problem solving and have keen attention to detail.