Demo

Senior Cat Risk Analyst

Canopius Group
Chicago, IL Full Time
POSTED ON 12/24/2025
AVAILABLE BEFORE 1/22/2026
Job Description

The Role

An exciting opportunity for a Senior Catastrophe Risk Analyst with at least four years’ experience to develop a regional function as part of a well-established, market leading Catastrophe Management team.

The successful candidate will be using cutting edge proprietary tools to deliver analytics to stakeholders primarily in the US Property team. They will enjoy a close working relationship with underwriting teams and have a real ability to meaningfully influence the risk selection process. They will need to take ownership of integrating new processes and modelling methods, and work closely with the Group Catastrophe Management function to ensure timely modelling analytics to reach Catastrophe Management goals.

Responsibilities

  • Leading the catastrophe modelling and exposure management for business written out of the US platforms. Initial focus will be D&F with potential to expand into other natural and non-natural business lines.
  • Working closely with the Natural Catastrophe Management team, across different regions, to ensure close communication across the team, consistent application of view of risk and contribution to cross-region analytics.
  • Leading the development of strategic relationships with underwriters to align underwriting and Catastrophe Management objectives. This involves confident and timely delivery of analytics and the ability to explain how these analytics can help drive risk selection.
  • Developing new tools to streamline the catastrophe modelling process and building out smarter reports in collaboration with the Analytics team.
  • Translating functionality of the US peril models to underwriters including their strengths/weaknesses, data quality considerations and how this impacts the modelled losses.
  • Creating a narrative based on the modelling data and other sources to effectively provide a valuable summary of a certain risk and give advice to Underwriters on the strengths and weaknesses of both the data and the model’s ability to provide meaningful results. This includes communicating the concept of uncertainty.
  • Having the confidence to drive process change by overhauling existing processes and implementing methodologies that streamline workflow and processes.
  • Contribution to internal and regulatory reporting including monthly roll ups and regulatory submissions.

Skills And Experience

  • At least four years of Cat Modelling experience in any business line, D&F and RMS knowledge are strong advantages
  • Highly numerate and logical – strong mathematical / statistical knowledge is advantageous
  • Excellent business communication skills - ability to influence, negotiate, and listen to external parties and members of the Catastrophe Management Team
  • Ability to manipulate large data sets with strong Excel and SQL skills
  • Highly organised and able to work well under time pressure and to tight deadlines
  • Familiarity with another programming language such as VBA, .NET, R, Python is a strong advantage
  • Familiarity with mapping software and particularly ArcGIS is an advantage
  • Be a creative, self-starter with the ability to apply knowledge to solve complex issues as they arise
  • Shows initiative and able to work on own or as part of a multi-disciplinary team
  • Quick to learn and able to turn their hand to a range of tasks
  • Enjoys being challenged and a motivation to continue to improve
  • Strong communication skills with ability to explain complex ideas to a variety of audiences
  • Outside the box problem solving, with a passion for completing tasks
  • Proactive and hard-working
  • CAT Risk Modelling
  • Risk Management
  • Natural/Non-Natural Peril Knowledge
  • Stakeholder Engagement
  • Underwriting Strategy
  • Risk Selection & Pricing
  • (Re)Insurance Pricing
  • Data Visualisation & Storytelling
  • Regulatory Compliance
  • Vendor Management
  • Data, Risk & Predictive Analytics
  • Artificial Intelligence/Machine Learning
  • Data Quality Management
  • Programming/Scripting
  • Research Projects

Salary Range: $140,000 - $160,000

Our Benefits

ABOUT US

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory 401k, discretionary bonus, insurances including medical, dental and vision cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.

Salary : $140,000 - $160,000

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