Analytics Manager II

  • 34268
  • Non-Life - CAT Modeling
  • |
  • New Jersey, United States
  • |
  • Sep 21, 2018
Reinsurance
RESPONSIBILITIES
  • Maintain relationships necessary to resolve and facilitate client project completion.
  • Leverage all areas of the firm to deliver best solutions.
  • Monitor the external environment for trends and best practices.
  • Provide benchmark thinking for demonstrating industry expertise.
  • Desimentate information in support of the global network.
  • Lead complex transactions by leveraging all areas of the firm to deliver the best solutions.
  • Assess client exposure data quality and make necessary assumptions for modeling; analyze changes in exposure and the associated impact of cat model results.
  • Model the probability distributions of the gross/ceded/net results using AIR, EQE, RMS and other vendor cat models in conjunction with Analytics proprietary software.
  • Analyze how the distribution of results and relevant risk measures change as a result of application of various proposed reinsurance alternative; report on analysis to brokers and clients.
  • In-depth understanding of the product lines and the global and regional industry conditions to identify significant considerations that insurers should address in designing their reinsurance programs.
  • Knowledge of world reinsurance markets, including traditional and non-traditional forms of reinsurance to comprehend wide range of products necessary to address insurers’ financial needs.
  • Respond to client queries and concerns, resolving issues promptly.
  • Respond to client requests for information.
  • Establish and maintain strong relationships with reinsurers, clients, and colleagues.
  • Document all external correspondence and telephone conversations in accordance with the company procedures.
  • Update management on issues, progress, etc., regularly and upon request.
  • Perform other job-related duties assigned.
QUALIFICATIONS
  • Technical expertise in reinsurance experience and exposure ratings, loss distributions, reinsurance terms and conditions, and simulation modeling; with data management, financial reinsurance, risk management, catastrophe modeling & Dynamic Financial Analysis.
  • Excellent interpersonal skills for establishing and maintaining good client, reinsurer and internal relationships.
  • Excellent verbal and writing skills for complex communications with clients, and colleagues at many levels.
  • Strong ability to prioritize workload according to volume, urgency, etc.
  • Strong ability to find creative solutions to new problems, as they arise.
  • Strong ability to be organized and pay attention to detail.
  • Strong computer skills for using Microsoft Office.
  • Recent demonstrated proficiency with Microsoft SQL Server Management Studio for purposes of querying and synthesizing exposure and loss data.
  • Strong working knowledge of at least one commercial model vendor applications, including how to use the applications, trouble shoot problems, and communicate results and associated model methodology to clients, brokers, and colleagues, as required.
  • Strong ability to maintain compliance with professional standards, where applicable, as well as company-wide quality initiatives.
  • Strong ability to identify client needs and access and organize resources including senior management, to deliver solutions which meet or exceed client expectations.
  • Strong ability to manage complex clients and help them address issues proactively.
  • Strong ability to effectively communicate and implement strategic initiatives for the firm.
  • Strong ability to manage clients and help them address issues proactively.
  • Strong ability to understand clients' business industry.
  • Strong ability to work as part of a team to support clients' needs.
  • Strong ability to handle significant workflow through efficient time management.
  • Strong ability to challenge appropriately - supports case with facts and information.
  • Strong ability to seek ways to streamline and improve current processes.
  • Demonstrated effectiveness in client presentations.
  • Proven and recognized industry leader in catastrophe modeling and portfolio management.
  • Demonstrate commitment to clients and help them address issues proactively.
  • Demonstrate skills at identifying and solving potential problems in their specialty and develops solutions.
  • In-depth understanding of the product lines and the global and regional industry conditions to identify significant considerations that insurers should address in designing their risk transfer programs.
  • Strong ability to act as a role model and positive example for the organization by consistently exhibiting Core Competencies as defined by our Driving for Performance Initiative.
  • Strong ability to be open and flexible to changes in the organization and marketplace.
  • Strong ability to contribute to talent recruitment and development.
  • Excellent client/consultative relationship skills.
  • Ability to travel, entertain, and attend meetings, up to 30% of the time.
  • Must have 10 - 15 years of reinsurance and/or insurance industry experience including a minimum of 10 years’ relevant experience in cat modeling.
  • BA/BS in Economics, Finance, Statistics, Mathematics or other quantitative focused disciplines.
  • Completion of and/or Membership in IDMA, CPCU, ARe, etc. and/or advanced degree in IT or quantitative discipline desirable.
  • Technical expertise in AIR, RMS, and/or EQE vendor cat models, reinsurance terms and conditions, and data management including statistical plans and policy or exposure data warehousing; with risk management and property underwriting expertise preferred.