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Canopius Group · 8 hours ago

Senior Cat Risk Analyst

Chicago, IL

Full-time

Hybrid

Mid, Senior Level

$140K/yr - $160K/yr

4+ years exp

Canopius Group is a global specialty lines (re)insurer and a leading player in the Lloyd’s of London insurance market. They are seeking a Senior Catastrophe Risk Analyst to lead catastrophe modelling and exposure management for business written out of the US platforms, while developing strategic relationships with underwriters and enhancing the modelling processes.

Insurance

Responsibilities

Leading the catastrophe modelling and exposure management for business written out of the US platforms. Initial focus will be D&F with potential to expand into other natural and non-natural business lines

Working closely with the Natural Catastrophe Management team, across different regions, to ensure close communication across the team, consistent application of view of risk and contribution to cross-region analytics

Leading the development of strategic relationships with underwriters to align underwriting and Catastrophe Management objectives. This involves confident and timely delivery of analytics and the ability to explain how these analytics can help drive risk selection

Developing new tools to streamline the catastrophe modelling process and building out smarter reports in collaboration with the Analytics team

Translating functionality of the US peril models to underwriters including their strengths/weaknesses, data quality considerations and how this impacts the modelled losses

Creating a narrative based on the modelling data and other sources to effectively provide a valuable summary of a certain risk and give advice to Underwriters on the strengths and weaknesses of both the data and the model’s ability to provide meaningful results. This includes communicating the concept of uncertainty

Having the confidence to drive process change by overhauling existing processes and implementing methodologies that streamline workflow and processes

Contribution to internal and regulatory reporting including monthly roll ups and regulatory submissions

Qualification

Cat Risk ModellingDataRisk & Predictive AnalyticsExcelSQLNatural/Non-Natural Peril KnowledgeProgramming/ScriptingStakeholder EngagementUnderwriting StrategyRisk Selection & PricingData Visualisation & StorytellingRegulatory ComplianceVendor ManagementArtificial Intelligence/Machine LearningData Quality ManagementResearch Projects

Required

At least four years of Cat Modelling experience in any business line, D&F and RMS knowledge are strong advantages

Highly numerate and logical – strong mathematical / statistical knowledge is advantageous

Excellent business communication skills - ability to influence, negotiate, and listen to external parties and members of the Catastrophe Management Team

Ability to manipulate large data sets with strong Excel and SQL skills

Highly organised and able to work well under time pressure and to tight deadlines

Be a creative, self-starter with the ability to apply knowledge to solve complex issues as they arise

Shows initiative and able to work on own or as part of a multi-disciplinary team

Quick to learn and able to turn their hand to a range of tasks

Enjoys being challenged and a motivation to continue to improve

Strong communication skills with ability to explain complex ideas to a variety of audiences

Outside the box problem solving, with a passion for completing tasks

Proactive and hard-working

CAT Risk Modelling

Risk Management

Natural/Non-Natural Peril Knowledge