Risk Analyst Risk Oversight Underwriting c 80k
Permanent, London (4 days in office, 1 from home). £75k - £85k +Bonus +Benefits. Risk Analysts sought by global Insurance/Reinsurance company working within Property, Casualty and Specialty markets. Working closely with the senior management team in Risk Oversight Analytics and with visibility across the wider business the Risk Analyst will undertake a range of activities to assist the business in the management of underwritten risk: Review the underwriting risk representation within the exposure management system Work from a 2nd line perspective in risk oversight to validate internal Cat Risk Models and views of risk inc natural catastrophes, property, casualty, terror, aviation etc as well as new modelling capabilities Undertake Stochastic/Probabilistic Modelling (Monte Carlo Simulation etc) to validate and improve models and feed into other systems Undertake risk oversight reviews of the various business lines as required Communicate findings, from high-level summaries to detailed reports Assist and advise the Risk Oversight function in the development of any additional data analytics and exposure management, feeding into various business areas inc Underwriting and Actuarial/Pricing teams.
The role promises to be varied and offer the right individual exposure across the enterprise function and engagement with management at all levels on a global basis. As such, we are searching for candidates who: Possess a background in risk analysis, statistical analysis, cat risk modelling etc Experience gained within General Insurance, Property, Casualty, Underwriting and/or Capital Risk underwriting Posses strong data analysis skills using a range of techniques and tools inc MS Excel, VBA, SAS, Python and other tools (this is not a Data Science role but an interest here would be useful) Ability to condense complex risk analysis and data into analytical findings and create meaningful, insightful and concise summaries (as well as provide the full detail as required) An appreciation for actuarial/pricing analytics/background in Actuarial type capacities within Insurance environments Exceptional communication skills and ability to present to management The company operates a global 4 day in-office (City of London), 1 day from home policy.Flexibility exists around working hours and exceptional benefits, bonus compensation and career progression are offered in return.