Carbon Underwriting
Catastrophe Modelling Analyst

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About Us
Founded in 2018, Carbon’s mission is to transform delegated underwriting and raise the standard for the industry. Our open underwriting model connects data, insight and people to enable stronger decisions and more dynamic portfolio management, bringing greater transparency, clarity and confidence to our partners and to the way the whole market works.
We’re proud to have been recognised by The Sunday Times as a Best Place to Work in 2024, 2025 and 2026, reflecting our warm, inclusive culture and our energetic, entrepreneurial spirit. Our friendly, modern offices foster creativity and connection, while our partnership with Google Cloud, where we are celebrated as a success story, demonstrates our commitment to innovation and technology at the highest level.
At Carbon, our values shape who we are every day: Win as one, Keep spirits high, Blaze a trail, Speak up, listen up.
If you’re looking to join a modern team with bold ambitions and real momentum, we’d love to meet you.
The Opportunity
At Carbon, we’re delegating differently by combining our strong insurance expertise with cutting-edge technology. If you want to join an exciting business powered by the latest technology and are energised by collaboration, big ideas and making a meaningful impact with our partners, then this role is for you.
We are looking for a motivated Catastrophe Modelling Analyst to join our Exposure Management team. This is an exciting opportunity for someone with 2–3 years of catastrophe modelling experience who wants to develop their technical expertise, work closely with underwriting teams, and help shape how data and analytics support delegated underwriting decisions.
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You will play a key role in catastrophe modelling, wider exposure management, portfolio analytics, regulatory reporting, and the ongoing development of our modelling capabilities through integration with Graphene and vendor model APIs.
Responsibilities
- Support the Exposure Management and Underwriting teams by delivering catastrophe modelling, portfolio analytics and regulatory reporting activities within deadlines.
- Work extensively with Verisk AIR Touchstone and Carbon's proprietary technology platform, Graphene, to analyse portfolio exposures and assess the impact of new business.
- Provide insight to support underwriting decisions across natural catastrophe, non-natural catastrophe and non-catastrophe exposures.
- Support underwriters with regular modelling and exposure reports to help them optimise portfolios and make informed underwriting decisions.
- Support the evaluation of new opportunities by assessing portfolio impacts and catastrophe risk accumulation.
- Contribute to the development, testing and optimisation of catastrophe modelling workflows, working closely with the technology team to enhance portfolio analytics, reporting and risk insight within Graphene.
- Maintain clear documentation of methodologies, assumptions, processes and model settings.
- Assist with data validation, quality assurance and exposure management controls.
- Support the wider Exposure Management team with ad hoc analysis, reporting and project work, including model validation and development of view of risk.


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Required Training & Experience
- 2–3 years' experience in catastrophe modelling
- Practical experience using AIR Touchstone.
- Experience working with portfolio aggregation and accumulation analysis.
- Experience within the London Insurance Market.
- Strong analytical and problem-solving skills.
- Excellent written and verbal communication skills.
- Ability to communicate technical findings to both technical and non-technical audiences.
- Strong attention to detail and organisational skills.
- Experience working with large datasets and portfolio-level analysis.
- Basic coding knowledge (Python, SQL, or similar).
- Proficiency in Microsoft Excel.
Desirable Training & Experience
- Exposure to delegated authority underwriting.
- Familiarity with Lloyd's reporting requirements and exposure management practices.
- Degree in Mathematics, Physics, Geography, Statistics, Atmospheric Science, Geophysics, Computer Science or a related discipline.
Role details
- Location: 5th Floor, 9A Devonshire Square, London, EC2M 4YN
- Start date: Immediate
- Role type: Permanent, full-time, 3 days per week in office
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