Risk Analyst
5 days ago
Risk Analyst (Risk Oversight)
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.
***NOTE: This vacancy is offered by the IT Recruitment Division of Comtecs and is based within a global Insurance/Reinsurance company, with HQ based in the City of London.***
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.
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