We are currently looking for a Catastrophe Risk Analyst to work with us on a full-time basis in our London office, reporting into the Senior Catastrophe Risk Analyst. You will provide exposure and catastrophe analytical support to both the Exposure Management and Underwriting teams to ensure quality of catastrophe management information in assisting insurance underwriting decisions. The role includes the input, assessment and reporting of exposure management information and will include regular as well as ad-hoc response reporting to the Syndicate in London and our global international distribution companies. Responsibilities:

• To manage and manipulate (often large and complex) datasets as well as using accumulation and catastrophe models to understand and explain potential catastrophe and accumulation risk to the Syndicate.
• Synthesis, presentation, and explanation of catastrophe model results to underwriting teams with an investigation into year-on-year changes, and the underlying factors driving them.
• Operation of catastrophe modelling software, including interrogating exposure and result databases via SQL.
• Assisting with the improvement of exposure management practices including the automation of processes where possible.
• Supporting the development of innovative analytical solutions to assist underwriting teams in quantifying catastrophe risk.
• To assess and monitor the full lifecycle of proposed and underwritten exposures from data receipt and input to assessment and reporting.
• To assist and support post-event analytics and loss estimation to natural and non-natural global events.
• To assist and support in the validation of third party catastrophe models.
• To assist and support Senior Catastrophe Risk Analysts, Catastrophe Risk Manager and Head of Exposure Management.
• Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
• Understand all appropriate lines of escalation and the responsibilities of the Product Conduct Risk Strategy Group (PCRSG), Underwriting & Claims Sub Committee (UCSC) , ExCo and Board for Conduct Risk.
  
  The role is designed for an entry-level professional and would be suited to someone with a passion or interest in Geography.
• Interest in natural and/or man-made catastrophes.
• Proficiency in data analysis and ability to interpret complex data sets.
• Strong problem-solving skills, a keen attention to detail and an ability to process and interpret data quickly and creatively.
• Degree in numerate or hazard related subject (such as Maths, Statistics, Engineering, Computer Science, Physics, Seismology, Atmospheric Science, Earth and Environmental Sciences. Alternatively, relevant industry experience would be considered)
• A desire to fashion a career in exposure management and insurance as well as a willingness and motivation to learn and gain professional qualifications such as ACII.
  
  At Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this.
At the heart of our success is a strong culture where people are encouraged to be present, bold and curious, allowing them to achieve their individual goals.

At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. Embracing the power of DEI is at the core of who we are. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; economic and geographic backgrounds; physical abilities; ages; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. All candidates in consideration for any role can request a reasonable adjustment at any point in our recruitment process. You can request an adjustment by speaking to your Talent Acquisition contact. Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty - Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues. - choose your impact! Benefits
• 25 days Annual Leave + Bank Holidays
• 10% Non-contributory Pension
• Eligibility for an Annual Bonus
• Private Medical + Dental Insurance
• Critical illness insurance + Life Assurance + Permanent Health Insurance
• Wellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)
• Electric Vehicle Salary Sacrifice Scheme
• Study & continuing Professional Development Support
• Hybrid Working + IT Home Set-up Support
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