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 

The purpose of this role is to perform Catastrophe Risk modelling, primarily for the ‘International’ Property Treaty portfolio, which requires pricing support for reinsurance programs exposed to worldwide natural catastrophe perils. The input to and development of wider CRM activities is also important, for example non-treaty portfolio natural catastrophe and terror accumulations, as well as view of risk and process / analytics improvement projects. The senior analyst will act as a liaison with Underwriting and other Aspen stakeholders with regards to their Catastrophe Risk Management activities and outputs. 
Our Aspen Values are expected to be reflected in the delivery and performance of every role.

Key Accountabilities     
 
Strategy and Planning 
•     Plan and lead the effort for assigned modelling requests for the ‘International’ Property Treaty portfolio, in particular large / complex ‘global’ programs
•    Manage specific sub-portfolios with regards to catastrophe modelling delivery, quarterly analytics and Underwriter communication, for example programs with exposure in Australia and New Zealand
•    Determine priorities and activities to ensure the achievement of personal and team objectives and plans
•    Support CRM Managers where needed, in particular in managing the ‘International’ Property Treaty modelling queue and in delivering requests from key stakeholders such as (but not limited to) Risk, Outwards and Underwriting teams
•    Assist in the review and improvement of catastrophe model change or Aspen View of Risk development
•    Participate towards the thinking, planning and implementation of Aspen catastrophe analytics platforms and processes
•    Collaborate proactively with Underwriters and other stakeholders to help them better understand what it is that CRM do and look to improve the quality of portfolio management.
•    Participate in CRM projects either specifically related to the use of catastrophe models (e.g. model evaluation) or relating more generally to catastrophe risk management issues (e.g. process enhancements, tools, reports for non-modelled lines of business)
•    Identify legacy CRM processes and challenge whether these are still fit for purpose and create cases for improvements to CRM Managers
•    Contribute to internal and external regulatory reporting requirements, in particular providing expert input for assigned treaty programs or non-treaty portfolios

Technical Performance 
•    Improve knowledge of Underwriting team practices
•    Understand variances in Reinsurance markets across the globe and their nuances and manage requirements accordingly
•    Offer insights into assigned property treaty programs and sub-portfolios, through the use of catastrophe modelling and other analytical tools
•    Provide expert opinion and input in applying the view of risk and analysing impact to assigned treaty programs or non-treaty portfolios
•    Accuracy, completeness and appropriateness of data or reports before being sent on to other teams internally or externally
•    Timely escalation of data or operational issues
•    Achievement of technical / analytical skills or qualifications
•    Feedback from stakeholders within and outside of CRM team, with respect to quality, accuracy and usefulness of technical outputs / advice

Skills & Experience 
•    Highly proficient in manipulating, merging, and cleaning or checking data from multiple sources including internal to the company or external
•    Ability to plan, prioritise and manage workload effectively and efficiently
•    Ability to collaborate effectively within a team environment both across entities and Group 
•    Ability to communicate technical issues 
•    Strong reasoning capabilities – creative and lateral thinking, with strong problem-solving-skills
•    Ability to liaise with relevant internal and external groups (e.g. IT, vendor modelling companies) to establish, support and maintain business relationships and organisational effectiveness
•    Ability to understand reasons for differences between cat models in a given peril region
•    Excellent interpersonal and communication skills
•    Bachelor's degree in Finance, Economics, Mathematics, Science, Engineering, or relevant
•    4+ years hands-on cat modelling, exposure management, or portfolio analysis experience
•    Experience of running and interpreting Moody’s RMS models essential
•    Qualified or highly experienced in quantitative analysis and analytical tools, including Microsoft Excel
•    Technical experience with data manipulation and programming (SQL and/or Python preferred)
•    Experience operating within the Lloyd’s environment (experience with regulatory requirements such as RDS, minimum standards) desired
 

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.