NatCat Analyst

At our brand-new Shared Business Platform (SBP) in Bucharest, we offer a dynamic environment where career growth is actively supported through internal mobility, globally recognized certifications, and continuous professional development. We value work–life balance, offering flexible work arrangements, and wellbeing initiatives that help you thrive both personally and professionally.

Now, let's explore this exciting opportunity so that you can be part of our mission.

The role covers all aspects of

• Assisting standard operational modelling tasks
• Assisting in the development of modelling methods and tools
• Assisting in P&M projects and studies

Key duties and responsibilities

Support the Cat Modelling with ensuring smooth operations, by ensure pricing and accumulation are timely, accurate and compliant with guidelines and with the catastrophe risk management of SCOR's portfolio.

Executing Standard Operational Cat Modelling Tasks, under the supervision and guidance of senior staff (which can be located either in nearshore or onshore offices), the individual in this role will:

• Provide treaty reinsurance catastrophe modelling support to onshore cat pricers. Analyze cedant exposure/modelled results received from clients/brokers and import into vendor risk modelling environment for in-house modelling.
• Assist in delivering catastrophe risk pricing of treaty reinsurance using those vendor models, experience and/or internally developed tools as per SCOR process and guidelines.
• Communicate and collaborate adequately within the nearshore team and with the onshore teams to ensure smooth renewal process following pricing/modelling guidelines
• Support MGA quarterly dashboards monitoring /studies 
• Support SBS Cat modelling

P&M activities, processes and methods improvement: 

• Participate in the evaluation and enhancement of the P&M processes, workflows, methods, tools (xAct, vendor models, new tools, ...), identifying opportunities for automation, standardisation and streamlining to gain efficiency.

Help expand SCOR's Analytical Capabilities:

• Tools: develop the code, support testing and maintenance, partner with IT.
• Analyse data to extract insights in support of decision-making within pricing / modelling teams, underwriting functions and management.

Project / Research & Dev:

• Support onshore teams with various Nat Cat projects as needed including collaborating on projects to address specific queries regarding hazard, vulnerability and model behaviour. 
• Learn to understand and analyze vendor models.
• Participate in research to better understand natural perils

Required experience & competencies

• Knowledge of Microsoft Office (Proficiency in Excel). SQL, GIS and Programming skills ideally in R or Python is a plus
• Strong analytical skills. Pro-active, hands-on mentality and can-do attitude. Self-starter and solution oriented. Flexible, can adapt according to priorities. Expertise in digital technology and Data Engineering
• 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.
• Skills in data science, predictive modelling & analytics, machine learning, AI
• Programming skills

Required Education

• 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.
• English: B2 level (CECRL)