Senior Catastrophe Risk Analyst

at  Robert Walters Outsourcing

SKILLS & EXPERIENCE:

• Bachelor’s degree in finance, Economics, Mathematics, Science, Engineering, or a related quantitative/analytical field of study;
• At least 5 years’ of relevant (re)insurance experience with a minimum of 3 years of experience with at least one of the vendor models (RMS/AIR/Impact Forecasting) required.
• CCRA and CEEM designations a plus.
• Experience working as part of a senior team within a multi-national insurance

environment

• Experience of managing all aspects of an independent business function
• 5+ years exposure management/cat modelling/actuarial experience
• Experience operating within the Lloyd’s environment (experience with regulatory requirements such as RDS, minimum standards) a plus
• Experience working on change projects desired
• Strong knowledge of Microsoft Office suite essential.
• Strong knowledge of Microsoft SQL including views, complex queries, and stored procedures required.
• Awareness of best practice and emerging trends within insurance and/or catastrophe modelling.
• Familiarity with VBA, R, Python or other analytical software a plus.
• Attention to detail and analytical skills are essential.
• A self-learner who takes initiative and is reliable.
• Highly developed communications skills necessary.
• Ability to interact and collaborate within a team environment.
• Excellent interpersonal and communication skills
• Ability to look long term while balancing immediate term realities
• Able to manage conflicting priorities to achieve deadlines
• Able to plan effectively and efficiently
• Strong customer orientation skills
• Ability to collaborate effectively within a team environment both across the US entity and the Group
• Ability to communicate technical issues to lay audience
• Ability to lead and manage a team
• Ability to contribute to the development of Cat Modelling strategy
• Ability to negotiate, persuade and influence both directly and indirectly
• Strategic and innovative thinker
• Exceptional commercial judgement
• Entrepreneurial focus
• Strong reasoning capabilities - creative and lateral thinking, with strong problem-solving-skills
• Project management

We are committed to offering an inclusive recruitment experience. If you require accommodations because of disability or health condition, please email: gscemeaedi @ robertwalters.com. This position is being sourced through our Outsourcing service line

THE ROLE:

This position will process and analyse natural catastrophe risk information for insurance and reinsurance underwriting and portfolio risk assessment and be the primary modelling contact for the Bermuda office. This includes supporting underwriting access to information, and supporting regular portfolio data development and analysis procedures. The position will work within a team of analysts using a variety of databases and modelling software along with various other available tools to quantify the natural hazard exposure inherent in property re/insurance. The analyst is expected to have strong experience in the field of catastrophe modelling.
Our Aspen Values are expected to be reflected in the delivery and performance of every role.

KEY RESPONSIBILITIES:

Strategy & Planning:

• Contributes to functional strategy development and prioritises operational deliverables and activities of team to support delivery of overall business targets
• Manages tactical plan and provides support to others to achieve positive results for the business in line with strategy

Policy, Process and Procedures

• Initiate, manage and participate in CRM projects either specifically related to the use of catastrophe models (e.g. model evaluation) or relating more generally to catastrophe risk management issues (e.g. process enhancements, techniques for non-modelled lines of business).
• Development and improvement of the Aspen CRM processes and / or capabilities

Environmental Awareness/Customer Focus:

• Ensure company, market and client related documentation is issued (internally and externally) accurately and on time where applicable.
• Participate and undertake applicable professional, technical and career development training (delivered internally and externally) to include attainment of associated qualifications where required.

Technical Performance:

• Provide catastrophe modelling support for pricing and risk selection purposes in a timely fashion for treaty underwriting teams.
• Manage and prioritise the submissions in the Bermuda modelling queue providing timely status updates to treaty underwriters.
• Liaise closely with treaty underwriting team on all catastrophe risk management issues (for example, to communicate forthcoming model changes).
• Support group accumulation processes through running and extracting analyses, review of modelling work and entries into accumulation systems.
• Enter and otherwise manipulate exposure information for importing into catastrophe risk assessment models and /or platforms.
• Assist in the execution of portfolio analyses and reporting
• Work closely with global CRM analysts collaborating on project work and reviewing analysis work undertaken by others
• Prepare exposure and loss data for regulatory and outwards reinsurance as required.
• Keep management aware of any material issues on a timely basis.
• Comply with external and internal regulatory and statutory policies, procedures and regulations.
• Liaise with relevant and associated areas and groups within the business process to establish, support and maintain business relationships and organizational effectiveness