Casualty Catastrophe Analyst
Job Title: Casualty Catastrophe Analyst
Reporting to: Lead Catastrophe Modeller
Direct Reports: None
Position Type: Permanent
Overview:
Why Tokio Marine HCC?
Standing still is not an option in the current world of Insurance. TMHCCare one of the world’s leading Specialty Insurers. With deep expertise in our chosen lines of business, our unparalleled track record and a solid balance sheet, TMHCC evaluates and manages risk like no one else in the industry. Looking beyond profit, empowering our people and delivering on our commitments are at the core of our customer values, and so is a desire to grow and provide creative and innovative solutions to our clients.
Job Purpose:
To support the development and application of TMHCC’s approach to cyber and casualty catastrophe risk, including the identification, quantification, and monitoring of accumulation and clash exposures across the portfolio.
The role will focus on analysing low-frequency, high-severity events, including casualty-driven, cyber-driven and cross-class scenarios, and their potential impact on the business. This includes supporting underwriting decision-making, exposure management, and capital modelling. The successful candidate will work closely with underwriting teams, risk, and capital modelling functions within the Exposure Management framework.
Key Responsibilities:
Support the development and maintenance of frameworks to identify and monitor casualty, cyber catastrophe and clash exposures across relevant lines of business.
Perform portfolio analytics to assess accumulations by industry, geography, policy structure and other key risk drivers, including cyber aggregation and systemic exposures.
Develop and run casualty and cyber catastrophe scenarios (e.g. mass litigation, industrial events, large-scale cyber incidents and cyber-triggered casualty losses) and quantify their potential financial impact.
Contribute to the integration of casualty and cyber catastrophe risk into internal capital models, working closely with the capital modelling team.
Assist in the development and enhancement of internal tools, methodologies and data processes for casualty and cyber exposure management.
Produce regular reporting on casualty and cyber exposures, accumulations and key risk scenarios for internal stakeholders.
Engage with underwriting teams to provide insight on accumulation risk, including casualty-cyber clash exposures, and support portfolio management decisions.
Monitor emerging risks and external trends (including legal, technological and regulatory developments), translating these into relevant exposure insights.
Performance Objectives:
Establish a robust view of casualty and cyber accumulation risk across the portfolio, including delivery of initial scenarios and regular, reliable reporting.
Deliver actionable insight to underwriting and Exposure Management, particularly in relation to casualty-cyber clash exposures and portfolio risk concentrations.
Enhance casualty and cyber catastrophe analytics and methodologies, including improvements to data, tools and scenario design.
Support the integration of casualty and cyber catastrophe risk into capital modelling, ensuring appropriate representation of tail risk.
Skills and Experience Specification:
Essential:
Relevant experience in casualty and/or cyber insurance or reinsurance (e.g. Liability, Financial Lines, Cyber), ideally within exposure management, pricing, capital modelling or a similar analytical role.
Strong analytical and quantitative skills, with experience in data analysis and scenario-based approaches.
Good understanding of accumulation risk, including cyber aggregation and systemic risk, and an awareness of capital modelling concepts.
Experience using analytical tools such as Excel and at least one of SQL, Python or R.
Strong communication skills, with the ability to present analytical outputs clearly to a range of stakeholders.
Proactive and self-motivated, with the ability to manage and prioritise work in a developing area.
Desirable:
Exposure to catastrophe, cyber or capital modelling.
Familiarity with regulatory frameworks (e.g. Solvency II, Lloyd’s).
Understanding of casualty and cyber market dynamics, including claims development, cyber event drivers and social inflation.
Experience working with large or complex datasets.
What We Offer
The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals.
The Tokio Marine HCC Group of companies is an equal opportunity employer. Please visit www.tmhcc.com for more information about our companies.