Job Overview

Senior Catastrophe Analyst

Location: City of London, London Salary: Up to £55000 per annum + Annual Bonus
Type: Permanent Contact: Thomas Knights
Posted: 20 days ago

Senior Catastrophe Analyst

London, UK

Up to £55,000

As one of the world's leading risk advisors, we help ensure our clients have the right protection in place so when the unexpected happens it is not catastrophic for their business. We think of ourselves as enabling resilience in an uncertain world. We look at the world of risk from different perspectives, working with our clients at each stage of the risk identification, risk mitigation and risk transfer process. We make sure they have the capacity to react to extreme events and respond in a prepared, disciplined and organised fashion.

The position is for a senior catastrophe analyst, based in either London or Ipswich, to join the EMEA West-South (UK, Ireland, France, Belgium, Italy, Iberia, Middle East and Africa) Catastrophe Analytics team with a focus on Middle East and Africa (MEA), particularly South Africa. The candidate will be supporting public-private opportunities in the region, catastrophe renewal modelling, and get involved in the development of technical and parametric solutions and other bespoke catastrophe modelling projects.

The Catastrophe Analytics team, embedded into the broking unit, assists clients in analysing the risk to their business from all aspects of natural perils and catastrophes. As part of our agile team, the individual will also contribute to our Catastrophe Analytics services across EMEA West-South, and the role will incorporate year-round client engagement on topics such as model interpretation, portfolio management and bespoke analytical projects in collaboration with the local offices.

The successful candidate will have proven experience in the insurance market and in catastrophe risk analysis using the main vendor models RMS and AIR, with the following responsibilities:

  • Support the EMEA West-South Catastrophe Analytics team, with a focus on South Africa, in everyday modelling tasks.
  • Audit client data and portfolios to assess the completeness & accuracy for catastrophe modelling purposes.
  • Convert exposure data provided by clients into the formats required by catastrophe models.
  • Contribute to service offering development and distribution through collaboration with the research teams and external partners.
  • Understand and evaluate the impact of updates and revisions to models and the outputs produced.
  • Communicate results effectively to all stakeholders (i.e. cat modellers / brokers / actuaries / clients/ re-insurers).
  • Work closely with all stakeholders throughout all aspects of the risk quantification process.
  • Real-time reporting and analysis of natural disasters and supporting clients post-event.
  • Gain an understanding of risk management and the role of risk transfer methods, such as reinsurance.
  • Support junior members in the team through training and advice.

The Requirements

The candidate will have at least a bachelor's degree in an analytical subject; such as engineering, mathematics, economics, science or natural perils. Higher academic qualifications and language skills advantageous.

They should have:

  • Experience in London/global insurance markets with knowledge about (re)insurance business.
  • Excellent working knowledge of at least one vendor model (i.e. RMS, AIR).
  • Excellent understanding of the underlying perils science and model components.
  • Ideally be able to demonstrate innovative applications and solutions for risk assessment.
  • Interest in developing bespoke technical solutions for the Middle East and Africa (MEA) region.
  • Strong Problem-Solving skills and keen attention to detail.
  • Excellent IT skills, ideally with computer programming skills (e.g. SQL, VBA, R).
  • Excellent communication skills.
  • Ability to process and understand data quickly and creatively.
  • The ability to work in a team and highly motivated to learn and grow within a global market leader.

Eames Consulting is acting as an Employment Agency in relation to this vacancy.