Reinsurance Modeling and Exposure Assistant

  • 33475
  • Non-Life - CAT Modeling
  • |
  • Illinois, United States
  • |
  • Mar 29, 2018
  • Review submission documents and log pertinent detail regarding data and treaties. Follow up with underwriters/brokers to obtain any missing information or clarification as necessary.
  • Assess and communicate expert opinion on quality of cedant modeling information; provide guidance on alternative/additional modeling requirements to ensure complete and accurate loss estimates.
  • Ensure consistency between internal portfolio management and catastrophe modeling databases.
  • Provide data for pricing and other actuarial analyses.
  • Perform modeling activities required to complete treaty analyses in AIR and RMS models for use in periodic corporate roll ups; includes domestic and international exposures.
  • Maintain current knowledge of catastrophe models to include change impact and best practices.
  • Query and report on data quality, zonal exposure and loss aggregates; provide input/complete internal/external reports.
  • Assist with the company’s direct modeling related activities.
  • Organize and maintain efficient data file structure supporting needs of actuarial, cat modeling, BA underwriting and IT.
  • Bachelor’s degree or equivalent experience.
  • Must be experienced in using aggregate catastrophe modeling software packages for treaty analysis including RMS RiskLink ALM and AIR CATRADER. Knowledge of detailed catastrophe modeling software also preferred (RMS RiskLink DLM and AIR Touchstone).
  • Experience in reviewing and interpreting broker reinsurance submission documentation.
  • Careful attention to detail and problem solving skills.
  • Strong communication and relationship building skills.
  • Experienced with use of database and spreadsheet software to include Access, Excel and SQL Server.
  • Working knowledge of desktop mapping/GIS software beneficial.
  • Ability to learn new software with informal, on-the-job training.