Catastrophe Analyst

Posted 3 Days Ago
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London, Greater London, England, GBR
In-Office
Mid level
Insurance
The Role
Support underwriting by producing, validating and analysing catastrophe model outputs for portfolio risk assessment. Provide pre-underwriting analytics, reporting, stakeholder presentations, collaborate with vendors and colleagues, and maintain modelling best practice through research and development.
Summary Generated by Built In
The primary purpose of this role is to support the management of Markel’s product lines exposed to catastrophic perils by producing, validating, and analysing catastrophe model outputs for portfolio risk assessment. The successful candidate will contribute to the delivery of accurate, insightful risk analysis, enabling informed decision-making and supporting sustainable, profitable growth.
In addition, the role requires maintaining up-to-date knowledge of catastrophe modelling through proactive research and continuous professional development. This will ensure that Markel remains at the forefront of industry best practice, delivering reliable catastrophe-related insights and analytics.
We’re all about people | We win together | We strive for better | We enjoy the everyday | We think further

Who we are:
 

Business Unit overview:

The International Portfolio Analytics (IPA) team at Markel is a dynamic, multi-functional group that operates with creativity, autonomy, and empowerment. Embedded within the underwriting business and represented in senior leadership forums, the team supports all divisions of Markel International. Its core focus lies in the key areas essential to driving profitability and performance for a specialty lines insurer: Portfolio Management, Pricing Transformation, Advanced Analytics and Catastrophe & Exposure Management.

The Catastrophe and Exposure Management Team delivers a comprehensive suite of analytical services that support informed underwriting decisions and robust risk management practices. The team’s mission is to enable Markel International to achieve consistent underwriting profitability and superior financial outcomes by providing high-quality, data-driven analytical support across the business.

As part of the Catastrophe Modelling and Exposure Management team, you will be supporting Markel International with pre-underwriting analytics, class and entity level reporting, ad-hoc analysis to support underwriting decisions and view of risk development. The role may be required to work over a number of lines of business including both natural catastrophe and anthropogenic risks.

Part of Markel Group (NYSE – MKL) a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory, and investment operations around the world.

What you’ll be doing:

  • Build and maintain a strong relationship with divisional underwriters

  • Provide ad hoc analytics for underwriting portfolio analysis and reporting

  • Use third party catastrophe models and in-house tools for pre-underwriting analysis

  • Present results and ideas to internal stakeholders and underwriting teams

  • Collaborate closely with colleagues in other Markel offices and the wider portfolio analytics team

  • Liaise closely with outsourcing partners and model vendors

  • Assist in team projects and initiatives, such as view of risk development

  • Assist in producing internal and external reporting, including to Lloyds and the PRA

Key Skills:

  • Technical Expertise: Proven catastrophe modelling or aggregation management experience in the London market, with strong understanding of industry-standard models (Verisk preferred)

  • Problem Solving: Strong appetite to think creatively and challenge modelling assumptions and processes, to improve the quality, timeliness and insights of analytics provided

  • Technical Skills: Excellent IT skills with good knowledge of SQL and/or python

  • Industry Best Practice: Proven experience with catastrophe management best practices and portfolio level aggregation techniques

  • Stakeholder Collaboration: Experience of building and maintaining successful relationships with internal and external contacts

  • Project Management: The ability to manage multiple projects and meet tight deadlines

What’s in it for you?

  • A great starting salary plus annual bonus & strong benefits package…

  • Up to 16% company pension scheme,

  • Private medical and dental cover, Menopause plan, emergency care benefit (children/Pets/dependants)

  • Income protection, Life assurance, electric car scheme, travel insurance

  • 25 days paid holiday plus Bank Holidays, with the opportunity to buy/sell extra leave

  • As well as other great benefits on offer there are countless opportunities to learn new skills and develop in your career!

Are you ready to play your part?

If you’re looking for a place where you can make a meaningful difference, you’ve found it. The work we do at Markel gives people the confidence to move forward, reach their full potential and seize opportunities. You’ll find your fit amongst our diverse global community of optimists and problem-solvers. We’re always pushing each other to think further because we believe that when we strive for better and realise our potential, we can help others reach theirs.

Join us and play your part in something special!

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

At Markel we are all about the people, celebrating the value of a diverse workforce that brings experience and expertise from a wide variety of backgrounds and life circumstances. Whatever your background, if you feel you meet the requirements of this role then we want to hear from you. We are also happy to consider candidates who are looking for flexible working patterns.

We will ensure that individuals are provided with any reasonable accommodations to be able to participate in the job application or interview process and to perform essential job functions if successful. Please contact us via email at [email protected] or call us at 0161 507 5827 to request any accommodations or adjustments that may be needed, including alternative formats of documents or information on how to apply offline.

#LI-DJ1

#LI-Hybrid #PlayYourPartUK

Skills Required

  • Proven catastrophe modelling or aggregation management experience in the London market
  • Strong understanding of industry-standard catastrophe models (Verisk preferred)
  • Good knowledge of SQL and/or Python
  • Proven experience with catastrophe management best practices and portfolio-level aggregation techniques
  • Experience building and maintaining relationships with internal and external stakeholders
  • Ability to manage multiple projects and meet tight deadlines
  • Willingness to maintain up-to-date knowledge of catastrophe modelling through proactive research and continuous professional development

Markel Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Markel and has not been reviewed or approved by Markel.

  • Healthcare Strength Comprehensive coverage includes medical, prescription, dental, vision, and telehealth, complemented by company-sponsored wellness programs and free fitness/mindfulness apps. Feedback suggests expanded mental-health resources and wellness incentives further enhance support.
  • Retirement Support Retirement offerings include 401(k) and other financial protections that can add meaningful long-term value. Feedback suggests strong company matching and retirement contributions are a notable part of the package.
  • Leave & Time Off Breadth A broad suite includes paid time off, corporate holidays, parental leave, hybrid work, volunteer time, and education support. Feedback suggests PTO accrual grows with tenure and can include an option to buy extra days.

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The Company
HQ: Glen Allen, VA
3,519 Employees
Year Founded: 1930

What We Do

At Markel, we believe in hard work, a zealous pursuit of excellence, and fairness in all our dealings. Markel Corporation (NYSE: MKL) is a global Fortune 500 company headquartered in Richmond, Virginia. We seek to be a leader in each of our pursuits, with insurance being our primary business. As a market leader for specialty insurance, reinsurance, and investment operations around the world, Markel embodies integrity, commitment, teamwork, and innovation in every day operations. We are encouraged to look for a better way to do things. Since our founding in 1930, we have sought to know our customers’ needs and to provide quality products and service. Markel specializes in providing coverage for hard-to-place risks for a variety of niche markets including: • Agricultural and equine risks • Reinsurance for large risk enterprises such as oil rigs • Event cancellation insurance for weddings, concerts, and sporting events • Inland marine coverage for fine art collections • Environmental pollution • Yachts, ATVs, and motorcycles At Markel we provide an atmosphere in which people can reach their personal potential. We are results-oriented, and we continually strive for a better way to do things. The Markel approach is one of spontaneity and flexibility. Markel helps employees balance work and social activities. Markel gives you the keys to success! Keeping an open mind and learning new skills allows our associates to stay ahead of the marketplace. Above all, we enjoy what we are doing. There is excitement here that comes from innovating, creating, striving for a better way, sharing success with others…winning. That is the Markel Style.

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