Posted 1 month ago
Catastrophe Modelling Analyst
AI Summary
A Catastrophe Modelling Analyst pre-modells underwriting submissions across Property, Energy, Marine, and other lines, prepares portfolio risk reports for monthly roll-ups and regulatory returns, and liaises with brokers and underwriting teams in London, Europe, and APAC.
About this role
Job Description
Are you looking for your next opportunity?
Sompo has a unique opportunity for a Catastrophe Modelling Analyst in our Catastrophe Modelling team.
The Catastrophe Modelling Analyst provides an excellent opportunity for the candidate to develop their knowledge and understanding of Catastrophe Modelling within an insurance operation across multiple lines of business while working closely with underwriting teams across London, Europe and APAC platforms by providing analytics to support underwriting decisions.
Location: This position will be based out of our London office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Our business, your impact, our opportunity:
What you’ll be doing:
- Pre-modelling of underwriting submissions for Property, Energy, Marine and any other lines as per business needs
- Assisting portfolio reporting – preparation and management of risk modelling ready for monthly roll up process across multiple lines of business
- Regulatory returns
- Ad hoc projects as required
- Ability to understand and communicate technical concepts
- Understand and interpret slips to ascertain key modelling assumptions, and ensure completeness of data, liaising with brokers and other parties to supplement where necessary
What you’ll bring:
- Experience in cat modelling, preferably in an Insurance environment
- experience and knowledge of the RMS detailed loss modelling platform
- Competent in SQL and VBA with proven experience of building reporting tools
- Knowledge of GIS tools an advantage
- Strong numerical data handling and analysis skills
- Ability to understand and communicate technical concepts
- Ability to work effectively individually and as part of a team
- Strong verbal and written communication skills – position requires interaction with numerous employees on all platforms of business
At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.
Below is a summary of some of the benefits we offer, which may vary depending on the country:
- Health & Wellness Benefits
- Retirement & Savings Plans
- Global Parental Leave & Adoption Assistance
- Employee Assistance Program
- Tuition Reimbursement & Professional Qualification benefits
Who we are and what we stand for:
At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page
Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.
Skills
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