£50K/yr to £75K/yr
London, England
Permanent, Variable

Catastrophe Modelling Analyst

Posted by Harrison Holgate.

Job Title: Catastrophe Modelling Analyst

Salary: £50,000 - £75,000

Location: London - Hybrid

Our client is seeking a skilled and motivated catastrophe modeller to join their new catastrophe modelling team. The ideal candidate will play a crucial role in analysing and quantifying risks associated with natural and man-made catastrophe perils. This position offers an excellent opportunity for professional growth and development in catastrophe modelling.

Key responsibilities:

  • Catastrophe Modelling: Assist in the development, validation and maintenance of catastrophe models using industry-leading software and methodologies. Collaborate with colleagues to refine modelling techniques and enhance model accuracy.
  • Data Analysis: Collect, validate and analyse data related to catastrophic events, including historical loss data, exposure data and hazard data. Use analytics and data visualisation tools to identify patterns, trends, and correlations in the data.
  • Model Validation: Conduct validation tests and sensitivity analyses to assess the accuracy and reliability of catastrophe models. Identify and investigate discrepancies or anomalies in model outputs and work with colleagues to address any issues.
  • Risk Assessment: Assist in conducting risk assessments for various catastrophic events, utilising catastrophe models to quantify potential losses and estimate risk exposures. Collaborate with underwriters, actuaries, and other stakeholders to interpret modelling results and inform decision-making processes.

Key candidate's skills:

  • Bachelor's degree in a quantitative field such as mathematics, statistics, natural sciences, or related discipline.
  • 2+ years of experience in catastrophe modelling and exposure analysis within the (re)insurance industry.
  • Proficiency in catastrophe modelling software such as RMS, AIR, or similar platforms.
  • Strong analytical and problem-solving skills, with the ability to interpret and analyse large complex data sets.
  • Excellent communication and interpersonal skills, with the ability to work effectively in a collaborative team environment.

If interested please get in touch.