Senior Non-Natural Catastrophe Analyst

Job Type:

Permanent

Build a brilliant future with Hiscox

Senior Group Non-Natural Catastrophe Analyst

London based - Hybrid - min of 2 days in the office per week

The Team

The Group Exposure Management team is part of the wider Underwriting Risk and Reinsurance team that reports to the group CUO. We work closely with the catastrophe modelling and capital management teams in order to gain a full understanding of underwriting risk across the group.

The Role

We are looking for an experienced catastrophe modeller or exposure analyst to lead the Group Exposure Management functions work on non-natural cat related peril management. You will be working with the business to monitor exposure to non-natural perils and our position against risk appetite.

Hiscox is exposed to a variety of non-natural related perils, including terrorism, war, marine and aviation. As a result it is important that we understand whether the exposure management methods we use today are calibrated to the current level of risk, and that our business strategy can withstand or adapt to the rapidly changing non-natural and geopolitical landscape. 

The impact of non-natural perils on our business rightly has the interest of Underwriting Management, our Boards, Investors, and Regulators with growing expectations on all fronts. In this role you will be responsible for ensuring that we can accommodate a ranger of non-natural scenarios in our catastrophe modelling and exposure management framework and take the lead on non-natural related regulatory submissions. You will help ensure that all updates to our Hiscox View of Risk are captured within our systems and communicated effectively to the business units.

Key Responsibilities

• Support the development and implementation of non-natural risk appetite measures and controls
• Integrate new views, tools and measures into the exposure management infrastructure: We want systems and processes that are accessible to all
• Ensuring the Hiscox View of Risk is valid for the latest non-natural perils developments
• Ensuring we fulfil our non-natural catastrophe regulatory obligations, PRA, BMA and Lloyd’s
• Support junior team members work on all peril monitoring
• Monitor emerging non-natural perils and their potential impacts on Hiscox Group risk appetite
• Develop appropriate MI to report against non-natural related peril appetites and provide the business with the information they need to make effective decisions

Person Specification

• 3+ yrs experience of catastrophe modelling with particular focus on major non-natural perils (Marine, Aviation, Terrorism)
• Deep interest in the non-natural threat landscape
• Aptitude for technical coding (we use SQL, R, VBA but no specific knowledge is essential)
• Ability to explain complicated ideas clearly
• Good written/report writing skills
• Well organised and deadline focused

Nice to have

• Experience of capital modelling
• Knowledge of SQL server coding

About Hiscox

As an international specialist insurer we are far removed from the world of mass market insurance products. Instead we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.

Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

Diversity and Hybrid working

At Hiscox we care about our people. We hire the best people for the job and we’re committed to diversity and creating a truly inclusive culture, which we believe drives success.

We have also learned over the past few years that working life doesn’t always have to be in the office, and now it is safe to do so we have introduced hybrid working to encourage a healthy work life balance.

This hybrid working model is set by the team rather than the business to enable you to manage your own personal work-life balance. We see it as the best of both worlds; structure and sociability on one hand, and independence and flexibility on the other.

Apply now for further information


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