General information
Vacancy location
Location
United Kingdom, London, London
Work Place
Hybrid
Region
UK
Vacancy details
Job Profile
Lockton - Experienced Professional
Title
Catastrophe Modeller - Lockton Re
Description
Lockton Re helps businesses understand, mitigate, and capitalize on risk. We’re pushing the reinsurance industry forward with smarter solutions that leverage new technologies—delivered by people empowered to do what’s right for clients growing to a headcount of more than 450 associates globally across 19 locations.
We’re the reinsurance group of Lockton Companies, the world's largest privately-held insurance broker. Fierce independence frees us to deliver an exceptional client service experience, unencumbered by pressure from financial markets, geographical divides or silos, or conflict of interest between organisational goals and our clients’ needs.
As a part of its continued growth, and in line with the principle of being born digital, Lockton Re’s Analytics team are currently looking for an experienced Catastrophe Modelling professional to join the well-established London team.
Based in our London office, you will work in a broad and varied role gaining exposure on risks across all broking teams (Property Treaty, Retro, Marine & Specialty) modelling all regions and perils using multiple modelling platforms. Beyond this, you will have the opportunity to work on model evaluation, event response, mapping and research projects.
To go into more detail, some role responsibilities will include:
- Conduct technical modelling utilising approved models and tools
- Gather data from various sources and prepare it for import, apply catastrophe modelling software (AIR & RMS statistical modelling tools) to data, analyse and validate results in a timely manner.
- Assist in providing and communicating catastrophe loss and exposure estimates to customers in a timely manner.
- Support and sustain profitable organizational growth by providing effective catastrophe analysis that identifies profitable areas to target and highlights unprofitable areas as well as monitoring key catastrophe statistics and advising management of possible issues.
- Obtain extensive knowledge of catastrophe-exposed products.
- Proactively share knowledge in catastrophe-related areas, create learning experiences and foster collaboration within the department
- Collaborate with Lockton Re’s Analytics team
Candidate Profile
Given the nature and level of this role, the team need you to have prior Catastrophe Modelling experience and some of the following experience or attributes will also serve you well in transitioning into this team and role:
Essential
- Experience in a Catastrophe Modelling role using one or both of RMS and AIR Verisk
- Basic use of Microsoft Office applications (Excel, Powerpoint, Word, Outlook)
- Ability to understand clients’ business needs and expectations
- Independent, problem-solving work mentality
- Ability to produce reports and presentation materials which clearly explain necessary detail to clients, reinsurers and other associates
- High degree of mathematical competence
Highly valued
- Advanced use of Excel (complex formulae, pivot tables, large data, graphs/charts)
- SQL programming experience
- Geospatial information systems (GIS) experience
- Presentation skills, for delivery of analytics outputs to brokers and clients
- Ability to build and maintain excellent business relationships with clients, reinsurers, and associates
This is an excellent opportunity to accelerate your Catastrophe Modelling career in Lockton’s Reinsurance division. Working in a dynamic, collaborative and entrepreneurial environment, you will benefit from professional development support, and opportunities to work in a team of diverse skill-sets and expertise.
In return Lockton Re remain committed to recognising and sustainably rewarding Associates empowering you to put your clients and their business first.
We attract the best professionals to come and work with us who are excited by our unique culture that values respect, ethical, moral and caring approach, in fact our Associates are our greatest asset.
Custom section 3
Scheduled
Full Time Permanent