Treaty Catastrophe Modeller

Job Details

Contact Info

Contact Person: Tony Massenhove Email: tony@massenhove.co.uk Telephone: 07944232100
Job Title: Treaty Catastrophe Modeller

Job Description

Job Summery:

To interpret, prepare and analyse underwriting data to provide comprehensive catastrophe modelling information to support the underwriting process.

Main Duties:

- Audit and assess the accuracy / quality of broker supplied EDMs and RDMs to ensure fair disclosure of cedant exposure and loss potential

-Use judgement to correct poor data or take steps to notify the data provider of any errors and remodel where necessary / practical

-Use of MS Excel and MS Access to convert non broker modelled data to a format suitable for RiskLink and import into RiskLink

-Interpret slip terms and conditions and translate into model input parameters

-Run the appropriate profiles in RiskLink, extract the results and attach to the in-house property model

-Use of AIR Catrader for Caribbean

-Interpret the results and report to underwriters where necessary

-Work with underwriters to utilise modelled output

-Assist underwriters in portfolio management

Technical Skills:

Good working knowledge of RMS RiskLink DLM

Comfortable with using in-house underwriting management systems

A good understanding of fundamental insurance/reinsurance concepts, slips terms and conditions

A good understanding of the dynamics of reinsurance and a working commercial awareness

Mathematically competent with excellent understanding of probability theory

Releveant Experience:

Essential:

Sufficient depth of understanding of statistics to explain EP curves, VAR, TVAR and other measures used in modelling to an audience ranging from Underwriters to qualified actuaries.

Desirable:

Aptitude for writing code in VB and SQL.

Education and Qualifications:

Essential:

GCSE Maths grade B or above

Minimum of 5 A grade GCSE’s (ideally in the sciences and maths disciplines)

3 ‘A’ Levels (A & B grades in science & maths disciplines)

Desirable:

Degree level qualification in a Science, Engineering or Mathematical based subject

Progressing towards a CII qualification or other relevant professional qualification

Personal Skills:

Excellent organisational skills

Able to work under pressure and meet deadlines

Flexible

Self motivated

Excellent analytical skills

Logically minded

Team player

Good interpersonal skills

Details

Job Ref: MASS 951 Hours: Full Time Location: London Working Term: Permanent Position Salary: up to £75,000

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