Senior Catastrophe Modelling Analyst

BMS Group; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading analytics firm is seeking a Senior Catastrophe Analyst in London to enhance catastrophe analytics capabilities and support strategic initiatives. This role requires experience with catastrophe modeling, proficiency in relevant tools, and strong communication skills. You will be involved in data manipulation, reporting, and developing customized analytical solutions for clients. The ideal candidate should have a background in catastrophe analytics and a keen eye for detail to drive improvements across workflows.

Qualifications

• Experience in utilising catastrophe models like RMS, AIR, KatRisk or KCC.
• Familiarity with data manipulation and reporting focused on catastrophe analytics.
• Knowledge of SQL and basic coding for analytical tasks.

Responsibilities

• Enhance catastrophe analytics capabilities.
• Produce and analyze catastrophe modeling output.
• Engage with various teams for catastrophe analytics support.
• Develop bespoke catastrophe analytics solutions for clients.

Skills

Experience with catastrophe models (e.g., RMS, AIR)

Numeracy and literacy skills

Proficient in Microsoft Office

SQL knowledge

Geospatial analytical experience

Professional communication skills

Creative problem solving

Tools

Microsoft Power BI

Python/R

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.