Nat Cat Pricer

The Nat Cat Pricer analyses and prices P&C reinsurance treaty business for assigned markets and lines of business. The role also participates in developing, cultivating and maintaining the Pricing & Modelling community, driving innovation and fostering a culture of service through various projects.

**Key duties and responsibilities**

**Support Cat Modelling, Pricing and Accumulation**:

- Provide treaty reinsurance catastrophe modelling support to underwriters. Analyse cedant exposure/modelled results received from clients/brokers and import into vendor risk modelling environment for in-house modelling
- Support the delivery of catastrophe risk pricing of treaty reinsurance using those vendor models, experience and/or internally developed tools as per SCOR process and guidelines
- Support the monitoring and validate used capacity using specific tools
- Contribute to the development and implementation of consistent process and procedures for pricing, and best practices for modelling, including tool development
- Be a reference for one or more markets
- Mentoring of interns

**Analytics**:

- Support projects and follow-up questions / modelling assumptions brought up by underwriters and/or analysts
- Collaborate in transverse initiatives (Cat Systems, Analytics and Governance, wider Reinsurance or Specialty Insurance units)
- Contribute to the AvE Analysis
- Lead of smaller projects

**Project / Research**:

- Support business as required with appropriate projects on Nat Cat topics
- Collaborate in projects to answer underwriter-specific queries on hazard, vulnerability and model behaviour
- Learn to understand and interrogate vendor models to develop appropriate risk-views for pricing and accumulation
- Collaborate in research related to better understanding of natural perils

Support business as required with client visits

**Experience**
- At least 2 years’ work experience in the financial services industry, preferably in reinsurance/insurance with a focus on analytical and/or actuarial work, for instance the development and structuring of reinsurance products, financial instruments, and pricing tools
- Excellent academic qualifications including a minimum of a bachelor’s degree in mathematics, actuarial science, other scientific discipline (statistics, physics, natural science), economics or finance
- An advanced degree (master’s or PhD) would be a plus
- Insurance qualification or actuarial credentials are strongly preferred
- Sound knowledge of Microsoft Office (Proficiency in Excel). SQL, GIS. Programming skills ideally in R or Python
- Expertise in using RMS RiskLink/RiskModeller and/or AIR Touchstone user interface platforms
- Strong analytical skills. Pro-active, hands-on mentality and can-do attitude. Self-starter and solution oriented. Flexible, can adapt according to priorities.
- Clear communicator, able to structure an argument and ability to explain complex issues in a simple way. Team player, interested in sharing knowledge and helping to develop the team.

**Competencies**
- Highly motivated and driven individual who has the maturity to work with a diverse group of personalities
- Strong work ethics and ability to work in a rapidly changing and complex environment
- Strong organizational and time management skills
- Effective communication and collaboration skills with effective interpersonal verbal and written skills to communicate with non-technical colleagues
- Good analytical and problem-solving skills
- Good business acumen - synthesizes analytical skill with business insight
- Self-starter who finds creative solutions and brings positive attitude to address challenges
- Willingness to travel in the region