Senior Catastrophe Risk Analyst

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

The role:

This position will process and analyse natural catastrophe risk information for insurance and reinsurance underwriting and portfolio risk assessment.  A key component of this role is the maintenance of catastrophe modelling data for use in both internal and external reporting and ensuring delivery of these. This includes enabling access to information, troubleshooting and supporting regular portfolio data workflows and analysis procedures. Our Aspen Values are expected to be reflected in the delivery and performance of every role.

Our Aspen Values are expected to be reflected in the delivery and performance of every role

Key Responsibilities:

Strategy & Planning

• Organisation of calendar/plan of data request deliverables identifying internal and external stakeholders, timings and resources, and priorities
• Helps coordinate and improve efficiency for completion and coordination of responding to data requests.
• Determines own work priorities and activities in line with agreed plans to ensure the achievement of personal and team objectives

Policy, Process and Procedures

• Initiate and participate in CRM projects and BAU activity either specifically related to the use of catastrophe models or relating more generally to catastrophe risk management outputs.
• Coordinate and monitor the data flows from CRM to other stakeholders, including but not limited to Risk, Capital, Outwards, Brokers, Regulators and Actuarial.

Environmental Awareness/Customer Focus

• Where applicable ensure company, market and client related documentation is issued (internally and externally) accurately and on time 
• To liaise with relevant and associated areas and groups within the business process to establish, support and maintain business relationships and organisational effectiveness.
• The holder of this position will be expected to collaborate with colleagues in multiple teams across timezones
• Understand technical requirements of external requests.
• Provide modelling support to underwriters to help support the team.

Technical Performance

• Provide catastrophe modelling support for pricing and risk selection purposes in a timely fashion for underwriting teams.
• Understand and troubleshoot the required data/pricing deliverables, including timings and formats;
• Identify the appropriate EM/CRM team member(s) who can provide each relevant data item, and coordinate with them;
• Manage and monitor each data request from receipt until delivery, including escalating priorities as required;
• Ensure and assist with relevant quality control and validation steps on any data that may be delivered externally in any way
• Support group accumulation processes through running and extracting analyses, review of modelling work and entries into accumulation systems.
• Enter and otherwise manipulate exposure information for importing into catastrophe risk assessment models and /or platforms.
• Assist in the execution of portfolio analyses and reporting.

Skills & Experience

• University degree in Finance, Economics, Mathematics, Science, Engineering, or a related quantitative/analytical field of study;
• A number of years experience in exposure management/cat modelling/actuarial having ideally used Moody’s RMS
• Experience operating within the Lloyd’s environment (experience with regulatory requirements such as RDS, minimum standards)
• Having previously setup and understood reinsurance structures to be modelled at a portfolio level highly desired.
• Experience of using, manipulating and troubleshooting large data sets.
• Manipulation and Troubleshooting of vendor modelling loss tables
• Strong knowledge of Microsoft Office suite essential.
• Strong knowledge of Microsoft SQL including views, complex queries, and stored procedures required.
• Awareness of best practice and emerging trends within insurance and/or catastrophe modelling.
• Familiarity with VBA, R, Python or other analytical software a plus.
• Attention to detail and analytical skills are essential.
• A self-learner who takes initiative and is reliable.
• Highly developed communications skills necessary.
• Ability to interact and collaborate within a team environment.
• Excellent interpersonal and communication skills
• Ability to look long term while balancing immediate term realities
• Able to manage conflicting priorities to achieve deadlines
• Able to plan effectively and efficiently
• Strong customer orientation skills
• Ability to collaborate effectively within a team environment both across the US entity and the Group
• Ability to communicate technical issues to lay audience
• Ability to contribute to the development of Cat Modelling strategy
• Ability to negotiate, persuade and influence both directly and indirectly
• Strategic and innovative thinker
• Exceptional commercial judgement
• Entrepreneurial focus
• Strong reasoning capabilities – creative and lateral thinking, with strong problem-solving-skills

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate.  We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.