• June 27, 2024

Senior Parametric NatCat Underwriter (London or Zurich)

Senior Parametric NatCat Underwriter (London or Zurich)

100%

We are the CelsiusPro Group, an award-winning insurtech group dedicated to helping both private and public organisations to understand and mitigate the adverse financial impact of climate and NatCat risks. As the challenges posed by climate change intensify, our mission is to bring parametric insurance from the fringes to centre stage.

Through CelsiusPro, we develop cutting-edge technology for managing parametric insurance. We collaborate with clients in designing and structuring tailored parametric solutions combining risk management, data science, and risk modelling. Our climate risk consulting services round our holistic solutions suite.

NatCatPro provides underwriting services, utilizing our proprietary technology platform. We partner with insurance brokers to serve corporates and public-sector organisations seeking financial coverage against climate and NatCat perils.

With Global Parametrics, we expand our disaster risk management response capabilities by incorporating the risk capacity of the Natural Disaster Fund (NDF), a public-private partnership with capital committed by UK and German government agencies and backed by Hannover Re.

Our corporate culture thrives on core values of simplicity, sincerity, courage, and tenacity. We invite you to join us on this journey!

Click here to apply:  London-based or Zurich-based.

The NatCatPro Team

The NCP team performs the underwriting function for the Celsius Pro Group. The NCP team works closely with the Business Development Team and the Modelling and R&D Team. While the Business Development team provides the quote and capacity requests to the NCP team, the Modelling and R&D Team supports the NCP team for complex modelling requests. The NCP team is responsible for setting rates, offering capacity and managing a profitable and diversified portfolio.     

Your responsibilities:

  • You are a senior member of the Underwriting team, reporting to the Chief Underwriting Officer

  • You carry out structuring, pricing, and risk analysis of parametric NatCat solutions, for requests from Business Development and support to the Business Development team and its clients.

  • You interact and form relationships with capacity providers and other stakeholders in the (re)insurance value chain

  • You take responsibility on existing accounts by proactively managing the partner relationship

  • You actively support the development of the Underwriting function by assessing and optimizing internal processes, workflows and communication within the Underwriting team and relevant stakeholders. 

You have:

  • Proven interest in climate and NatCat related risks and the (re)insurance market in general

  • Minimum two-three years’ work experience in London Market (re)insurance, or similar

  • Experience and interest in data analysis and natural catastrophe modelling

  • Statistical skills with application to risk analysis and pricing routines

  • Languages: proficient in English (written and spoken); German, Spanish and French are assets

  • Relevant environmental science and/or quantitative field degree

  • Proven presentation skills, particularly for in-person or virtual meetings with multiple stakeholders

  • You are a team player with strong analytical and inter-personal skills. You are solution and results oriented with the ability to manage multiple priorities and deliver in a structured and timely manner. You are comfortable working in a global team in different time zones and cultures.

Candidates

We are an equal opportunity employer and value diversity at our company. We offer a dynamic and international working environment linking climate change risks, index insurance, and reinsurance. CelsiusPro consists of a data-driven, pragmatic, motivated, and talented team.

Candidates must have UK, EU, or Swiss citizenship; or UK or Swiss work permit.

 

  • November 1, 2023

Sales Manager – Parametric Climate and NatCat (London)

Sales Manager – Parametric Climate and NatCat (London)

80-100%

Join our Business Development team in London as a Sales Manager of Parametric Climate and Natural Catastrophe (NatCat) transactions. In this role, you will drive our efforts to deliver innovative parametric (re)insurance products that address climate and natural disaster risk.

We are the CelsiusPro Group, dedicated to helping both private and public organisations to understand and mitigate the financial impact of climate and NatCat risks. As the challenges posed by climate change intensify, our mission is to bring parametric insurance from the fringes to centre stage.

Through CelsiusPro, an award-winning Insurtech, we develop cutting-edge technology for managing parametric insurance. We collaborate with clients in designing and structuring tailored parametric solutions combining risk management, data science, and risk modelling. Our climate risk consulting services round our holistic solutions suite.

With Global Parametrics, we expand our disaster risk management response capabilities by incorporating the risk capacity of the Natural Disaster Fund (NDF), a public-private partnership with capital committed by UK and German government agencies and backed by Hannover Re.

Our corporate culture thrives on core values of simplicity, sincerity, courage, and tenacity. We invite you to join us on this journey!

Click here to apply

The Sales and Business Development team

The team provides risk management solutions and web-based platforms for corporations, insurers, brokers, governmental agencies, industry bodies, cooperatives, and agribusiness companies to offer smart and cost-effective parametric products to clients.

The team also originates, mandates, and consults private clients globally on climate, agriculture, and natural catastrophe (re)insurance. The successful candidate will be a part of the Sales and Business Development team, reporting to the Head of Business Development.

The position is full-time and will be based in London (UK), with travel for business development, client management, and conferences globally.

Your responsibilities:

  • Build and maintain strong relationships with brokers and other distribution channels, with focus on the London (re)insurance market to enhance deal origination opportunities.
  • Actively originate, analyse, and assess parametric climate and NatCat insurance and reinsurance submissions from clients and brokers.
  • Manage submissions from clients and brokers and coordinate with internal teams, including Underwriting and R&D, to ensure timely and efficient processing.
  • Client and relationship management, pro-actively keeping all stakeholders updated on climate and NatCat conditions potentially affecting the (re)insurance transaction.
  • Drive global business expansion by gaining access and opening doors, with a particular focus on (re)insurance companies and brokers.
  • Make a strong contribution to reaching Business Development goals and targets through effective deal origination. You are actively involved in identifying key stakeholders, from initial contact all the way through to deal closure.
  • Support in optimizing workflows, assisting with the enhancement of internal processes and communication within the Business Development team and towards the Underwriting and R&D teams.

You have:

  • Demonstrable track record in the (re)insurance industry and an extensive network of contacts in the broker community.
  • At least 3 years of experience in the (re)insurance, broker or NatCat modelling industry, focussing on business development and climate and NatCat deal origination.
  • Passionate and experienced in climate and NatCat related risks and the (re)insurance market in general.
  • Proven tenacity and perseverance in navigating external and internal stakeholders to overcome challenges in the sales lifecycle of parametric (re)insurance transactions.
  • Proven ability to successfully bring transactions ‘over the finish line’.
  • Ability to prioritize tasks and manage time effectively.
  • Self-reliant working style, with the ability to seek guidance when needed.
  • Strong presentation skills, particularly for in-person or virtual meetings with multiple stakeholders.
  • Ability to understand complex technical requirements and work with the Product and R&D teams to determine solutions for our clients.
  • Demonstrated quantitative and analytical skills.
  • Languages: Fluency in English. German and Spanish are assets.

You are a strong team player with robust analytical and inter-personal skills. You are solutions- and results-oriented, with the ability to manage multiple priorities and deliver in a structured and timely manner. You are comfortable working in a global team in different time zones and cultures.

We offer a dynamic and international work environment. If you are open to an exciting new challenge, please send us your application. Click here to apply.

Candidates

We are an equal opportunity employer and value diversity at our company. We offer a dynamic and international working environment linking climate change risks, index insurance, and reinsurance. CelsiusPro consists of a data-driven, pragmatic, motivated, and talented team.

Candidates must have a UK work permit.