Job Description
The Role
We are currently looking for a motivated individual keen to carve a career in the Insurance industry to join our Catastrophe Management team as a Catastrophe Risk Analyst. This is an excellent opportunity for a candidate looking for their first, or next move within the insurance industry. The successful candidate will be working within the non-natural perils pillar of the Catastrophe team, and will responsible for analytics and reporting for variety of not natural peril classes including; Offshore Energy, Bloodstock, and A&H, with the opportunity to support wider, as Canopius continues to expand and diversify their portfolio.
Responsibilities
- Part of a team responsible for creating and enhancing non-natural catastrophe reporting MI to help drive strategic decision making
- Providing management with the tools and insight required to better understand non-natural catastrophe aggregation risk across the Group
- Active involvement in developing relationships with underwriters, with the aim of integrating underwriting and Non-Cat frameworks and goals – this involves confident and timely delivery of report analytics for key classes
- Using PowerBI to create and maintain current monthly/quarterly and post lost reporting for Underwriting and senior management where required
- Enhance A&H reporting - an exciting opportunity for owning and creating new processes for this class
- Use of Sequel Impact and proprietary tools to help capture and monitor aggregations within the Non-Natural Catastrophe team
- Production of regulatory reporting for Offshore Energy, Bloodstock and A&H including Lloyd’s & Realistic Disaster Scenarios (RDS). Liaise with internal stakeholders on aggregation and portfolio analysis affairs including catastrophe management, and risk committees (primarily Non-Nat Cat Risk)
- Work with the Non-Natural Peril Exposure manager to drive improvements to view of risk (VoR) across classes of business, either through enhancement to existing scenarios, and/or build out of new views of risk to help manage and monitor non-modelled risk across the Group for classes responsible
- Regular and effective management of bordereaux data and circulation to senior underwriting management
- Provide exposure management inputs required for the preparation of reinsurance presentations.
- Assisting in the catastrophe management activities of other lines during key renewal periods
Skills And Experience
- General understanding of insurance and the Lloyd’s market
- Highly numerate and logical – strong mathematical/statistical knowledge
- Ability to manipulate large data sets with intermediate Excel skills
- Familiarity and/or interesting in learning with MS SQL query language or other coding languages is desirable
- Ability to understand both the granular detail and see the bigger picture
Key Competencies
Collaboration and teamwork
- Good and effective communicator – open, honest, warm and respectful
- Works effectively with team/project or other work groups or those outside formal line of authority to accomplish goals.
- Follows through on commitments made to other team members by setting realistic expectations, communicating clearly about responsibilities and delivering on agreed-upon deadlines
- Good collaboration with others and open to input from others
Adapting to change
- Is open to learning new skills by identifying areas for improvement through discussions with managers. Seeks guidance from experienced colleagues to understand skills relevant to the role and actively seeks out training programs, workshops or online courses to develop skills/knowledge required for the role
- Ability to work to deadlines and manage workload priorities effectively
Continuous Improvement
- Maintains a sense of urgency to complete high-priority actions and to achieve goals by prioritising tasks based on priority and impact on the goals.
Resilience
- Takes accountability for own work by clearly defining personal responsibilities and deliverables for assigned tasks or projects.
- Shows awareness of the importance of social connections by seeking guidance and support from others when encountering difficulties, demonstrating a budding understanding of collaboration and strength in the collective