Catastrophe Modeller - Lockton Re

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London, United Kingdom

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003202

Apply now

Catastrophe Modeller - Lockton Re

Location Icon

London, United Kingdom

Profile Icon

003202

Apply now
Working at Lockton

At Lockton, we’re passionate about helping our people achieve their ultimate potential. Our people are curious, action-oriented and always striving to make ourselves and those around us better. We’re active listeners working to ensure understanding and problem solvers developing innovative solutions. If you can see yourself delivering excellent service to clients, giving back to our communities and being a part of our caring culture, you belong here.

Schedule

Full Time Permanent

Job type

Experienced Professional

Workplace

Hybrid

Responsibility Icon

Your Responsibilities

Lockton Re helps businesses understand, mitigate, and capitalize on risk. We’re pushing the reinsurance industry forward with smarter solutions that leverage new technologies—delivered by people empowered to do what’s right for clients growing to a headcount of more than 450 associates globally across 19 locations.

 

We’re the reinsurance group of Lockton Companies, the world's largest privately-held insurance broker. Fierce independence frees us to deliver an exceptional client service experience, unencumbered by pressure from financial markets, geographical divides or silos, or conflict of interest between organisational goals and our clients’ needs.

 

As a part of its continued growth, and in line with the principle of being born digital, Lockton Re’s Analytics team are currently looking for an experienced Catastrophe Modelling professional to join the well-established London team.

 

Based in our London office, you will work in a broad and varied role gaining exposure on risks across all broking teams (Property Treaty, Retro, Marine & Specialty) modelling all regions and perils using multiple modelling platforms. Beyond this, you will have the opportunity to work on model evaluation, event response, mapping and research projects.

 

To go into more detail, some role responsibilities will include:

  • Conduct technical modelling utilising approved models and tools
  • Gather data from various sources and prepare it for import, apply catastrophe modelling software (AIR & RMS statistical modelling tools) to data, analyse and validate results in a timely manner.
  • Assist in providing and communicating catastrophe loss and exposure estimates to customers in a timely manner.
  • Support and sustain profitable organizational growth by providing effective catastrophe analysis that identifies profitable areas to target and highlights unprofitable areas as well as monitoring key catastrophe statistics and advising management of possible issues.
  • Obtain extensive knowledge of catastrophe-exposed products.
  • Proactively share knowledge in catastrophe-related areas, create learning experiences and foster collaboration within the department
  • Collaborate with Lockton Re’s Analytics team
Qualification Icon

Qualifications

Given the nature and level of this role, the team need you to have prior Catastrophe Modelling experience and some of the following experience or attributes will also serve you well in transitioning into this team and role: 

 

Essential

  • Experience in a Catastrophe Modelling role using one or both of RMS and AIR Verisk
  • Basic use of Microsoft Office applications (Excel, Powerpoint, Word, Outlook)
  • Ability to understand clients’ business needs and expectations
  • Independent, problem-solving work mentality
  • Ability to produce reports and presentation materials which clearly explain necessary detail to clients, reinsurers and other associates
  • High degree of mathematical competence

 

Highly valued

  • Advanced use of Excel (complex formulae, pivot tables, large data, graphs/charts)
  • SQL programming experience
  • Geospatial information systems (GIS) experience
  • Presentation skills, for delivery of analytics outputs to brokers and clients
  • Ability to build and maintain excellent business relationships with clients, reinsurers, and associates

 

This is an excellent opportunity to accelerate your Catastrophe Modelling career in Lockton’s Reinsurance division. Working in a dynamic, collaborative and entrepreneurial environment, you will benefit from professional development support, and opportunities to work in a team of diverse skill-sets and expertise.

In return Lockton Re remain committed to recognising and sustainably rewarding Associates  empowering you to put your clients and their business first.

We attract the best professionals to come and work with us who are excited by our unique culture that values respect, ethical, moral and caring approach, in fact our Associates are our greatest asset.

Equal Opportunity Statement

Lockton Companies is proud to provide everyone an equal opportunity to grow and advance. We are committed to an inclusive culture and environment where our people, clients and communities are treated with respect and dignity.

At Lockton, supporting diversity, equity and inclusion is ingrained in our values, and we believe that we are at our best when we fully embrace everyone. We strive to cultivate a caring culture that learns from, celebrates and thrives because of our breadth of differences. As such, we recognize that recruiting, developing and retaining people with diverse backgrounds and experiences is vital and enabling our people to thrive personally and professionally is critical to our long-term success.

About Lockton

Lockton is the largest privately held independent insurance brokerage in the world. Since 1966, our independence has allowed us to serve our clients, take care of our people and give back to our communities. As such, our 10,000+ Associates doing business in over 100 countries are empowered to do what’s right every day.

At Lockton, we believe in the power of all people. You belong at Lockton.

How We Will Support You

At Lockton, we empower you to be true to yourself in all that you do. Your success is our success, and we provide opportunities to help you grow and create a rewarding career path, however you envision it.

We are ready to meet you where you are today, and as your needs change over time. In addition to industry-leading health insurance, we offer additional options to support your overall health and wellbeing.

Learn more about your Lockton experience

No Agencies Please

Any Employment Agency, person or entity that submits an unsolicited resume to this site does so with the understanding that the applicant's resume will become the property of Lockton Companies, Inc. Lockton Companies will have the right to hire that applicant at its discretion and without any fee owed to the submitting Employment Agency, person or entity. Employment Agencies, who have fee Agreements with Lockton Companies must submit applicants to the designated Lockton Companies Employment Coordinator to be eligible for placement fees.

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