Senior Catastrophe Modelling Analyst (RI) - 9 Month Fixed Term Contract

MS Amlin; Singapore; Hybrid; SGD 100,000 - 130,000; Full time

Job summary

A leading global insurance company in Singapore is seeking a Senior Catastrophe Modelling Analyst for a 9-month fixed-term contract. The role involves leading analytics, managing stakeholder relationships, and overseeing modelling outputs to enhance underwriting decisions. Ideal candidates will possess strong experience in exposure management and a sound understanding of the insurance landscape. The position offers a hybrid working model and opportunities for continuous learning.

Benefits

Wellbeing and mental health support

Flexible working arrangements

Structured career development

Qualifications

• Experience in utilising data manipulation and visualisation tools
• Strong coding experience in SQL is essential
• Deep knowledge of data management and structures

Responsibilities

• Lead analytics and modelling for Exposure Management
• Manage and grow relationships with clients and stakeholders
• Oversee analysis conducted by Genpact and Modelling Analysts
• Support business planning activities.

Skills

Excellent financial and commercial acumen

Significant Exposure Management modelling experience

Technical knowledge of (re)insurance

Superior software knowledge

Excellent Microsoft Excel, PowerPoint and Power BI Skills

Strong understanding of coding logic

Experience with data manipulation and visualization tools

Experience in data manipulation and visualization tools

Experience in using ArcGIS

Education

Undergraduate degree in a related subject

CII Qualification

ICSM or vendor qualification

Tools

RMS RiskLink

RMS Risk Manager

AIR Touchstone

SQL

ArcGIS

Job description

Role: Senior Catastrophe Modelling Analyst (RI) - 9 Month Fixed Term Contract

Location: Singapore

Position type: Full time, Fixed Term Contract

The Exposure Management team measure, describe and report on risks written by the company to Boards, Committees, Regulators, Underwriters and Actuaries so that volatility and severity of probable risk loss, can be understood in the context of capital requirement and return in capital targets.

Within Exposure Analytics, the Catastrophe Modelling team leverages analytics to forecast and manage the outcome of catastrophe losses, to add value to stakeholder decision making and management / regulatory oversight so that MS Amlin can reach our ambitions for both profitability and customer satisfaction downstream.

About The Job

While there is rarely a typical day, here’s a snapshot of some of the key parts of the job :

Inter-business relationships

• Work collaboratively with clients of Exposure Management to provide clarity, transparency and understanding
• Support Analysts’ skills development through coaching and engagement, and provide guidance where required in addressing queries relating to the pricing of accounts and portfolio roll-up from underwriters
• Address and manage complex cases and queries from underwriters, and maintain and grow strong relationships with the Underwriting, Claims, Pricing and Underwriting Performance teams with ability to challenge ways of working with a continuous improvement mindset
• Manage the client and broker relationships with the ability to deal with enquiries in an efficient professional manner and make sound judgement calls based on value realisation
• Proactive build an internal and external network

Analytics and Modelling

Lead on at least one of the following workstreams:

• Terrorism
• Regulatory returns
• Portfolio aggregation
• Business planning
• Event response
• Development

Conduct exposure capture and modelling of pricing, and portfolio risks, and provide peer review for risks captured and modelled by Genpact and Modelling Analysts, to support and enhance underwriters’ decision making and effectively manage risk, adhering to required deadlines.

Oversee and guide analysis conducted by Genpact and Modelling Analysts, providing insights and managing outputs where required.

Lead on the delivery of proactive portfolio optimisation and other value-add modelling tasks such as owning model settings and adjusting models; identifying patterns and potential data anomalies, to aid underwriting decision making and risk exposure assessment and projection.

Strategy, Reporting and Governance

Strategy and business planning

• Lead the design and implementation of risk management strategies, ensuring alignment with business goals
• Support business planning activities

Governance

• Governance of modelling, contributing to key committees
• Maintain MS Amlin’s Exposure Management Framework
• Collate information for decision focus and execute control functions
• Review and validate policy audits and reports on data quality
• Oversee and coordinate internal and external reporting activities for submissions and supplement analytical insights on reports created by Genpact and Modelling Analysts

Compliance and Risk Management

Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate, role modelling behaviours and MS Amlin risk management values.

Assist with ensuring that the portfolio and the risks underwritten are compliant with all the relevant risk, regulatory and legal requirements, and are aligned to business goals.

Support the delivery of the MS Amlin Risk Function plan and wider Risk Mandate.

Support the ongoing development of the Risk Management Framework to assist MS Amlin in managing and mitigating risks effectively whilst ensuring consistency across the MS Amlin Group.

Keeping up to date with emerging risks and industry trends and the potential impact on MS Amlin and the wider Lloyd’s and Asian market.

Monitor in conjunction with the MS Amlin’s CRO, MS Amlin’s risk appetites, tolerances and Key Risk Indicators (KRIs) reporting these to the MS Amlin Risk & Solvency Committee and Board.

Utilise decision focus to collect, analyse and report on risk and control information to ensure the business is appropriately managing risks, remediation of ineffective controls is being carried out and actions are defined and appropriate.

Assist the development of Top Risk Assessment approach.

What you’ll need

• Excellent financial and commercial acumen
• Significant Exposure Management modelling experience
• Technical knowledge of (re)insurance, outward reinsurance, the general underwriting process, and underwriting performance
• Have a robust understanding of the Asian market and the Lloyd’s Syndicate market and its operating principles
• Superior software knowledge, particularly of RMS RiskLink / RMS Risk Manager / AIR Touchstone / Touchstone Re / DFA tools
• Excellent Microsoft Excel, PowerPoint and Power BI Skills is essential
• Deep knowledge of data management and structures
• Strong understanding of coding logic and coding experience in SQL
• Skills in R & / or Python are desirable
• Ability to design, operate, interpret, and communicate quantitative reporting
• Experience in utilising data manipulation and visualisation tool
• Experience in using ArcGIS, and underwriting tools would be desirable
• Undergraduate degree in a related subject (Geography / Mathematics / STEM subjects) would be desirable
• CII Qualification would be desirable
• ICSM or vendor qualification would be beneficial

What you can expect from us

• A great team and supportive colleagues
• Hybrid Working environment
• Flexible Working
• A strong focus on diversity, inclusion and equal opportunities
• A programme of wellbeing and mental health support
• Employer-supported volunteering (ESV)
• Continuous learning and study support
• Structured career development
• An open mind (especially to new ideas and ways of doing things)

About Ms Amlin

MS Amlin is part of a global top-10 insurance group, MS&AD. We’re made up of four distinct businesses covering global reinsurance, Lloyds franchise, local specialty insurer, and business services.