Fidelis Partnership is a privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. Additional information regarding Fidelis Partnership may be found at Home - The Fidelis Partnership
The Company currently writes lines of business including; specialty insurance: aviation & aerospace, energy, marine, property, terror & political violence, contingency and other specialty lines; reinsurance: property reinsurance, property retrocession, specialty reinsurance, whole account/multi-class and bespoke.
The role
The Senior Catastrophe Modelling Analyst will provide support to the Actuarial team, be responsible for assisting the Portfolio Analysts with accumulation reporting and portfolio roll up, investigate modelling results and loss changes for renewal policies and complete ad hoc projects as required.
Key accountabilities
Provide data analytics and price catastrophe loss contracts for multiple classes using a combination of CAT modeling results and cedant historical experience
Explain CAT modeling concepts and results to underwriters to inform decision making
Provide detailed explanation to account movements with knowledge of cat model documentation
Evaluate cedant exposure data and highlight inconsistencies in exposure information
Raise limitations in model and output
Produce event response information
Skills & experience
University degree, preferably in Mathematics, Geophysics or Economics
Strong academic background and mathematical acumen
Over 5 years’ experience running catastrophe models, preferably AIR Touchstone
Knowledge across multiple lines of business desired including Property D&F, Renewable Energy, Binders and Terrorism
Strong Excel skills including VBA; SQL/Python knowledge preferred
High attention to detail and ability to multi-task and prioritise own work against needs of business
Must be a strong critical thinker who can interrogate the data to ensure it makes sense and provide challenge when required
Must be able to self-lead and work effectively both independently and with teams
Demonstrated ability to deliver accurate and thoughtful work within tight deadlines and/or while working extended hours
Other
THE FIDELIS PARTNERSHIP ETHOS
Our culture is defined by our ethos. It is the foundation of who we are and the core of everything we do.
Results – We want to be the best at the things we care about, so we focus on profitability over volume, with responsive decision-making and clear prioritised accountability.
Innovate – We aspire to lead the market in providing the services and products our clients need, and to drive change in the broader impact our industry has on human rights, society, and environmental sustainability.
Include – We create an environment where employees can bring their whole self to work, with open communication where everyone, irrespective of gender, ethnicity, sexual orientation or background, feels able to contribute ideas and be recognised and rewarded for their contribution
Unite – We operate as team of individual talents that actively seeks to reflect the diversity of the societies in which we operate, giving our business the widest range of inputs and perspectives.
Respond – We work in a business exposed to sudden shocks and changes – elemental, political, economic and human – so we remain nimble and ready for change.
DIVERSITY, EQUITY AND INCLUSION
Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and Fidelis Partnerships successes. This will be driven by a workforce that embraces Diversity and Inclusion at every level, in every department across Fidelis Partnership.
We welcome applications from all qualified candidates. To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact James.Lochrie@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.
