Lead Specialist Weather Perils

Location: Leeds, England

Description:

At Lloyds Banking Group, we’re driven by a clear purpose - to help

Britain prosper. Across the Group, our colleagues are focused on making a

difference to customers, businesses and communities.

With over five million customers, and having celebrated our 200th

anniversary in 2015, Scottish Widows is one of the UK’s most trusted

Life, Pensions and Investments providers.

We want to ensure this success continues and grows, and in Insurance and

Wealth we contribute to this success by providing critical services to our

customers and supporting them with their Insurance needs, whilst ensuring

the customer is at the heart of our business.

The Group is striving to be the best bank for customers and to help Britain

prosper. We're all responsible for the long-term success of the company -

through our individual roles, activities and achievements. Here in Insurance

and Wealth we provide critical services to our customers, supporting them

with their Insurance needs, along with a focus on ensuring the customer is

at the heart of our business.

Could you help us make this possible?

This is an exciting opportunity for an individual with extensive experience

and specialised knowledge to join the Weather Modelling Team at LBG General

Insurance, to help us deliver market-leading modelling of UK weather risk.

You’ll join a small team of experienced peril specialists with varied

backgrounds and a shared passion for delivering high quality, science-driven

modelling of risk.

Your accountabilities will include;

 * Working collaboratively to develop the LBG view of risk for weather

perils for capital and pricing purposes;

 * Supporting the business with forecasting and live weather event advice;

 * Contributing to Solvency II standard Model Validation of catastrophe

models;

 * Evaluation of model performance, and identification of improvements

following weather event occurrence;

 * Contributing to climate-related stress-testing and interrogation of the

baseline view of risk against climate trends;

 * Communicating results to various stakeholders across the business;

 * Liaising with third party vendors;

What we’ll need from you;

 * Demonstrable years of experience modelling weather perils;

 * A good understanding of probabilistic catastrophe risk modelling;

 * Excellent analytical, quantitative and coding skills.

 * A PhD in a related discipline, experience developing UK weather models,

or experience working with market-leading probabilistic catastrophe risk

models in an operational environment desired.

What we can offer you in return…

In addition to the competitive base salary you'll also receive:

 * A 4% flex cash pot to spend on benefits (or take as cash)

 * Discretionary annual group performance bonus

 * Generous employer pension contribution up to 15%

 * Private medical health cover

 * Access to share schemes and staff discounts

 * 28 days holiday entitlement plus bank holidays

In line with our strategy to be the Best Bank for Colleagues, we encourage a

culture of professional development. You'll have numerous opportunities to

stretch and develop beyond core role responsibilities. In addition,

recognition for colleague contribution and performance is an extremely

meaningful element of our colleague charter.

Together we make it possible.

We're passionate about creating a values-led culture and are committed to

building a workforce which reflects the diversity of the customers and

communities we serve.

We'll ensure that individuals with disabilities are provided reasonable

accommodation to participate in the job application or interview process, to

perform essential job functions, and to receive other benefits and

privileges of employment. Please contact us to request accommodation.