Senior Catastrophe Modeling Analyst

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Senior Catastrophe Modeling Analyst in our Europe Property Catastrophe Modeling team.

Our team in Zurich is an international team of analysts in charge of pricing all catastrophe business underwritten in our Zurich office. This includes Property lines focusing on Europe incl. the London Market as well as support for relevant Specialty lines (such as Marine & Energy) with a global mandate.

Location: This position will be based out of our Zurich office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

• Support the reinsurance team with catastrophe peril analytics through preparation of data and analysis through third-party vendor and proprietary natural hazard models and pricing tools
• Assist the Risk Management function in the timely collection and reporting of catastrophe exposures; this includes probabilistic losses, disaster scenarios as well as modelled and non-modelled losses
• Collaborate closely with the catastrophe modelling, underwriting and actuarial teams
• Collate and synthesize relevant information following potentially loss causing events, including but not limited to independent event reports, model vendor bulletins, industry loss estimates and Sompo exposure.
• Support the team on other ad hoc projects as needed, with a strong focus on:
  • research into scientific and engineering issues relevant to catastrophe risk
  • the evaluation of catastrophe models, including model sensitivity testing and the determination of model calibration parameters
  • ad hoc projects to refine our catastrophe tools and modelling procedures

What you’ll bring:

• University degree in Climatology, Computer Science, Engineering, Geology, Mathematics, Statistics or related field
• At least 7 years of experience within the insurance and reinsurance industry
• A high degree of computer literacy required, preferably with knowledge of a scripting language such as R, Python or SQL
• Strong working knowledge of industry-wide catstrophe modelling software and the application of catastrophe model output in the pricing of reinsurance contracts and portfolio management.
• Model validation experience and the ability to identify and communicate the differential impact of model changes on client portfolios
• Strong communication, analytical and presentation skills, with fluency in English
• Strong time management skills, with the ability to produce results in an efficient and timely fashion, manage increased workflow during busy periods and additional ad hoc requests
• Considerable initiative, ability to prioritize tasks and creativity with respect to problem solving

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.

Below is a summary of some of the benefits we offer, which may vary depending on the country:

• Health & Wellness Benefits
• Retirement & Savings Plans
• Global Parental Leave & Adoption Assistance
• Employee Assistance Program
• Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.