Catastrophe Analyst - Terrorism

Recording and modelling of exposure information in order to monitor allocated portfolios.

Liaison with the class Underwriters for the allocated portfolios to lead the quoting/aggregation service. Support rollup processes ensuring consistency across multiple geographies. Support the training of junior analysts and the outsourcing team.

About the Department & Team

The role of the Exposure management team is:

• Support of Underwriting teams with modelling analysis for business and risk decision making and business opportunities.


• Support of Underwriting teams with analysis to help them manage and optimise their portfolios to their underwriting risk limits.


• Recording and modelling of exposure information with sufficient levels of detail and integrity.


• Production of data to support portfolio rollup processes, LSM and Liberty Group reporting and external reporting (Regulatory return data includes RDS, Lloyd's Catastrophe Model and other Supplementary information).


• Production of post event exposure and loss potential analysis.


• Production of required outward reinsurance placing information.


• Production of capital model catastrophe data feeds.


• Production of internal Management Information.,

Support the Underwriting team to lead the quoting/cleansing service for your allocated classes that in turn supports all rollups and reporting as well as bespoke Underwriter analytics to assist with assessing new business opportunities.

• Maintaining an excellent relationship with Third part modelling team, answering queries and providing ongoing guidance.


• Supporting the teams leads to ensure accurate and timely completion of BAU tasks focused on allocated classes.


• Peer reviewing third party output, providing guidance and improvement strategies where necessary.


• Support the senior team to deliver the recording and maintenance of policy and exposure information in accumulation systems monitoring, maintaining and improving data quality.


• Lead Underwriter and Outsourcing training and knowledge transfer.


• Support the team with tasks as part of the delivery of exposure management projects.


• Use AIR to model risks on behalf of Underwriters pre-bind.


• Lead the response to the outsourcing business partners with queries around the cleansing assumptions for aggregation and modelling, taking ownership of complex accounts as required.


• Provide validated modelled output that can be used in all required internal and external regulatory submissions including but not limited to RDS, LCM, Aggregate Monitoring, Outwards RI submissions, ERM Reporting, GAREAT/LFB reporting


• Learn about classes modelled in RMS and AIR and how to best use catastrophe models


• Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity. LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times. These requirements include the Senior Managers and Certification Regime Conduct Rules ,Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing
  
  Undergraduate degree (or equivalent) in a relevant field (e.g. natural science, business, maths, geography).


• Advanced knowledge of using functions within Microsoft Excel.


• Working knowledge of third-party catastrophe models/aggregation tools.


• Highly analytical, with ability to process and understand data quickly and creatively.


• Efficient and organised individual with a mindset for continuous improvements.


• Familiarity of Technical coding including SQL, R and VBA.


• Experience of using and developing solutions via PowerBI is desirable.


• Ability to work independently whilst integrating into a time critical business environment.


• Experience of working with offshore business partners is desirable.


• Excellent business communication skills including the ability to communicate technical concepts to range of audiences, and creative thinking to solve complex issues as they arise.
  
  Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.


Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. We bring this to life for our colleagues through:

• Offering a vibrant and inclusive environment and committing to their career development.


• Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.


• Reinforcing that collaborating together to share our unique perspectives help us make better decisions, deliver innovative solutions and pursue our ambitious goals.


• A supportive culture, which includes promoting a healthy work-life balance and working flexibly.