Reinsurance Modeling Analyst

  • 35005
  • Non-Life - CAT Modeling
  • |
  • Illinois, United States
  • |
  • Apr 1, 2019
Reinsurance
RESPONSIBILITIES
  • 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
  • Maintain organization and workflow of currency conversions, as well as modeling considerations for international exposures.
  • 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.
  • Organize and maintain efficient data file structure supporting needs of actuarial, cat modeling, underwriting and IT.
QUALIFICATIONS
  • Bachelor's degree or equivalent experience.
  • Must be experienced in using catastrophe modeling software packages for treaty analysis including RMS RiskLink 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 including Excel and SQL Server.
  • Ability to learn new software with informal, on-the-job training.