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Risk Analyst

Comtecs Ltd
Posted a day ago, valid for 12 days
Location

London, Greater London EC2V7NQ, England

Salary

£40,000 - £48,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The role of Risk Analyst involves Cat Risk Modelling, Stochastic/Probabilistic Modelling, and Statistical Analysis within a global Insurance/Reinsurance company in London.
  • Candidates should have experience in General Insurance, Property, Casualty, Underwriting, or Capital Risk underwriting, along with strong data analysis skills using tools like Excel, VBA, SAS, and Python.
  • The position offers a salary range of £75k - £85k, along with bonuses and benefits, and operates on a 4 days in-office, 1 day from home policy.
  • The successful applicant will work closely with senior management and assist in managing underwritten risk through various activities, including validating Cat Risk Models and conducting risk oversight reviews.
  • A background in risk analysis and exceptional communication skills are essential, as the role requires condensing complex data into insightful summaries for management.

Risk Analyst - Cat Risk Modelling, Stochastic/Probabilistic Modelling (Monte Carlo Simulation etc), Statistical Analysis, Risk Overviews, Underwriting, General Insurance, Property Risk, Actuarial/Pricing, Exposure Management; Excel, VBA, SAS, Python etc. 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 risk and exposure management system
  • Validate internal Cat Risk Models and views of risk inc natural catastrophes, 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.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.