Catastrophe Modelling Assistant - Property Insurance (initial 6 month contract)

Massenhove Recruitment ,
London, Greater London
More Details
Job Type: Full-time

Overview

Catastrophe Modelling Assistant - Property Insurance (initial 6 month contract) Job Market - Insurance / Graduate Opportunity Catastrophe Modelling Assistant - Property Insurance - About the role This is a 6 month contract position for a Catastrophe Modelling Assistant within the Exposure Management Team, with a specific focus on Property lines of business. There is a possibility of this developing into a permanent position. The primary objective of the role is to support the catastrophe risk modelling services provided to the underwriting function. This includes completion and accuracy checks, peer reviewing outsourced work and account modelling for underwriting and pricing using internal and external modelling platforms. The role will also participate in the wider functions of the Exposure Management Team. Catastrophe Modelling Assistant - Property Insurance - Key duties Checking the completion and accuracy reports, prioritising workload and making appropriate corrections Running and reviewing validation reports, identifying bad data and cleansing accordingly Reviewing the data presented in underwriting submissions and requesting improved information where the required data standards are not met. Interpret slip terms and conditions and convert these in to a format suitable for the catastrophe modelling systems. Utilising various Exposure Management and Catastrophe Modelling systems to process exposure data and produce modelled outputs. Providing analysis and insight into the model outputs to underwriters at both an account and portfolio level. Working closely with the Senior Catastrophe Modeller and underwriters to understand the team’s priorities and deadlines. Catastrophe Modelling Assistant - Property Insurance - Key requirements Strong numeracy and analytical abilities coupled with excellent attention to detail Strong knowledge of Microsoft Excel A strong understanding of insurance and reinsurance financial terms Strong knowledge of SQL 3 A-Levels (A-C) or equivalent Educated to degree level preferred but not essential for an excellent candidate

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