Job Information
Travelers Insurance Company Senior Analyst Catastrophe Risk in London, United Kingdom
Who Are We?
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.
Job Category
Data Analytics
Target Openings
1
What Is the Opportunity?
Are you ready to take your career to the next level? At Travelers, we work to ensure our customers are covered when it matters most. To provide the best coverage possible, our Catastrophe Risk Management team, assesses the risk of financial loss due to natural and manmade catastrophes and risk reward analytics. As a Senior Analyst in Catastrophe (CAT) Risk at Travelers, you'll play a vital role in shaping our approach to catastrophe risk management.
In this dynamic position, you'll work closely with our top-tier underwriting and actuarial teams, ensuring a unified and strategic perspective on catastrophe risk. Your exceptional communication and analytical skills will be essential as you oversee outsourced catastrophe modelling resources and lead point-of-sale support for our open market business.
We're looking for someone with a passion for catastrophe risk management who is eager to become a subject matter expert in a specific peril. You'll have the opportunity to help drive periodic model validation and evaluation, continuously improving our View of Risk and catastrophe risk strategies.
As part of a one of the top insurers in the US you will also be part of a wider Enterprise Catastrophe Risk management community with access to best-in-class capabilities that that we are looking to leverage for the benefit of the Travelers Lloyds Syndicate and European business.
Join our innovative team at Travelers and help us lead the way in catastrophe risk management. Embrace this exciting challenge and make a meaningful difference in a role that offers growth, collaboration, and the chance to become a recognized expert in your field!
Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company’s discretion.
This role is eligible for a £2500 new joiner bonus. If you are successfully referred by an employee at Travelers Europe, both you and the person who referred you could be eligible for this bonus.
What Will You Do?
Review team member’s catastrophe risk evaluation and participate in one or more of the following: CAT model framework, monitoring aggregation profiles, development of catastrophe view of risk, and/or performing risk reward analysis.
Develop business and market results, identify trends, and formulate hypotheses for potential future research and analysis.
Partner with the business to analyse one or more of the following: CAT underwriting strategy, development of hazard maps, and/or metric standards including data quality, data feed attributes, concentration metrics, and profitability ratios.
Maintain working knowledge of Data Repository & CAT Ecosystem for metrics, reports, and exposure data.
May lead CAT Event Response coordination across the enterprise, producing impacted exposure summaries for major events, and providing guidance to executive, claim, reserving and analytical teams. May also lead or participate on post event reviews for catastrophe perils.
Perform and apply judgement to appropriately identify current or future problems or opportunities, analyse, synthesize and compare information to understand issues, identify cause/effect relationships, and begin to make proposals.
Manage people or projects.
Be Committed, Be Connected, Be Creative and Be Energised – these are the values we are passionate about. Understanding and embracing our values will shape your success and contribute to making Travelers Europe a great place to work.
To be successful, you will need to consistently deliver a great experience in every customer contact; connect with the right partners internally to find creative solutions to problems; be a role model; and consistently deliver on your commitments.
What Will Our Ideal Candidate Have?
Considerable relevant analytics experience.
Advanced knowledge of Microsoft suite, SQL, geospatial, statistical packages or other programs used to retrieve and analyze data.
Progress toward Certified Specialist in Catastrophe Risk (CSCR) designation
or CAT model designation from leading 3rd party vendor such as Verisk Certified Extreme Event Modeler (CEEM)
Intermediate knowledge and understanding of Catastrophe Risk Modeling components including model output and metrics.
Ability to manage multiple projects simultaneously and follow through to ensure timely completion.
Excellent communication skills with the ability to consult on projects and present information effectively.
Strong relationship building skills with the ability to collaborate effectively with business partners and maintain productive professional relationships.
What is a Must Have?
Bachelor’s Degree in STEM (Science, Technology, Engineering, Mathematics), Business, or a related field.
Strong relevant analytics experience
What Is in It for You?
Private Medical Insurance: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
Retirement: Travelers will make a basic contribution of 9% of pensionable salary to your Group Personal Pension Plan (“GPPP”). If you decide to contribute an additional amount from your salary, you will receive an increased company contribution up to a maximum of 3%. This would bring the total company contribution to 12%.
Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
Wellness Programme: The Travelers wellness programme is comprised of tools and resources that empower you to achieve your wellness goals. In addition, our Employee Assistance programme provides access to professional counseling services and other resources to support your daily life needs. Through the EAP, you’re eligible for five free counseling sessions with a licensed therapist.
Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
What Is in It for You?
Private Medical Insuran ce: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
Holiday Entitlement: Start your career at Travelers with a minimum of 25 days holiday entitlement annually, plus the opportunity to purchase additional days to allow for up to a total of 35 holidays per year.
Wellness Programme: The Travelers wellness programme is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health programme provides access to free professional counseling services and other resources that support your daily life needs.
Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards programme that enables you to give back to the charity of your choice.
Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.
If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an email (4-ESU@travelers.com) so we may assist you.
Travelers reserves the right to fill this position at a level above or below the level included in this posting.
To learn more about our comprehensive benefit programs please visit http://careers.travelers.com/life-at-travelers/benefits/ .