Hybrid Senior Catastrophe Modelling Analyst - Reinsurance bei MS Amlin

Reinsurance Catastrophe Modelling, Exposure Management:

The Exposure Management team  measure, describe and report on risks written by the company to Boards, Committees, Regulators, Underwriters and Actuaries so that volatility and severity of probable risk loss, can be understood in the context of capital requirement and return in capital targets.

Within Exposure Management, the Reinsurance Catastrophe Modelling team leverages analytics to forecast and manage the outcome of catastrophe losses, to add value to stakeholder decision making and management/ regulatory oversight so that MS Amlin can reach our ambitions for both profitability and customer satisfaction downstream.

About The Job

What you’ll spend your time doing:

While there is rarely a ‘typical’ day as a Senior Catastrophe Modelling Analyst, this role will lead, coordinate, and provide analytic support to several key activities across classes such as:

Inter-business relationships

• Work collaboratively with clients of Exposure Management to provide clarity, transparency and understanding

• Support Analysts’ skills development through coaching and engagement, and provide guidance where required in addressing queries relating to the pricing of accounts and portfolio roll-up from underwriters

• Address and manage complex cases and queries from underwriters, and maintain and grow strong relationships with the Underwriting, Claims, Pricing and Underwriting Performance teams  with ability to challenge ways of working with a continuous improvement mindset

• Manage the client and broker relationships with the ability to deal with enquiries in an efficient professional manner and make sound judgement calls based on value realisation

• Proactive build an internal and external network

Analytics and modelling:

• Lead on at least one of the following workstreams:

  • Terrorism

  • Regulatory returns

  • Portfolio aggregation

  • Business planning

  • Event response

  • MSI

  • Development

• Conduct exposure capture and modelling of pricing, and portfolio risks, and provide peer review for risks captured and modelled by Genpact and Modelling Analysts, to support and enhance underwriters’ decision making and effectively manage risk, adhering to required deadlines

• Oversee and guide analysis conducted by Genpact and Modelling Analysts, providing insights and managing outputs where required  

• Lead on the delivery of proactive portfolio optimisation and other value-add modelling tasks such as such as owning model settings and adjusting models; identifying patterns and potential data anomalies, to aid underwriting decision making and risk exposure assessment and projection

Strategy, Reporting and Governance

• Strategy and business planning

  • Lead the design and implementation of risk management strategies, ensuring alignment with business goals

  • Support business planning activities

• Governance:

  • Governance of modelling, contributing to key committees

  • Maintain MS Amlin’s exposure Management Framework

  • Collate information for decision focus and execute control functions

  • Review and validate policy audits and reports on data quality

• Oversee and coordinate internal and external reporting activities for submissions and supplement analytical insights on reports created by Genpact and Modelling Analysts

Compliance and Risk Management

• Conduct role in accordance with the Company’s Business Ethics policy and all regulated entities as appropriate, role modelling behaviours and MS Amlin risk management values

• Assist with ensuring that the portfolio and the risks underwritten are compliant with all the relevant   risk, regulatory and legal requirements, and are aligned to business goals

• Support the delivery of the MS Amlin Risk Function plan and wider Risk Mandate

• Support the ongoing development of the Risk Management Framework to assist MS Amlin in managing and mitigating risks effectively whilst ensuring consistency across the MS Amlin Group

• Keeping up to date with emerging risks and industry trends and the potential impact on MS Amlin and the wider Lloyd’s market

• Monitor in conjunction with the MS Amlin’s CRO, MS Amlin’s risk appetites, tolerances and Key Risk Indicators (KRIs) reporting these to the MS Amlin Risk & Solvency Committee and Board

• Utilise decision focus to collect, analyse and report on risk and control information to ensure the business is appropriately managing risks, remediation of ineffective controls is being carried out and actions are defined and appropriate

• Assist the development of Top Risk Assessment approach

You’re going to enjoy this job if you also…

• Strive for continuous improvement and have very strong analytical capabilities; possess the ability to prioritise and realise value

• Have excellent communication and collaboration skills to bridge gaps between technical and non-technical stakeholders

• Have excellent knowledge and experience of the (re)insurance Markets across the globe and how these impact our business

• Are an intuitive problem solver and take a natural lead in delivering solutions

• Have professional scepticism and an inquisitive mind

• Are able to work independently and can be self-guided

• Can influence and negotiate effectively

• Are highly adaptable and thrive in dynamic environments to meet evolving business needs

• Are proactive in your own development and lead in supporting the development of junior onshore and offshore staff members where appropriate

What you’ll need:

For this particular role there are some important qualifications and experience we need you to have. These include:

• Excellent financial and commercial acumen

• Significant Exposure Management modelling experience

• Technical knowledge of (re)insurance, outward reinsurance, the general underwriting process, and underwriting performance

• Have a robust understanding of the Lloyd’s Syndicate market and its operating principles

• Superior software knowledge, particularly of RMS RiskLink / RMS Risk Manager/ AIR Touchstone/ Touchstone Re/ DFA tools

• Excellent Microsoft Excel, PowerPoint and PowerBI Skills is essential

• Deep knowledge of data management and structures

• Strong understanding of coding logic and coding experience in SQL

• Skills in R &/or Python would be useful

• Ability to design, operate, interpret, and communicate quantitative reporting

• Experience in utilising data manipulation and visualisation tools

• Experience in using ArcGIS, and underwriting tools would be desirable

• Undergraduate degree in a related subject (Geography/ Mathematics/ STEM subjects) would be desirable

• CII Qualification would be desirable

• ICSM or vendor qualification would be beneficial 

What you can expect from us:

About MS Amlin