Catastrophe Modeling Actuary

  • 35632
  • Non-Life - CAT Modeling
  • |
  • Texas, United States
  • |
  • Aug 13, 2019
  • Applies advanced knowledge of the business, its products, and processes.
  • Utilizes actuarial modeling software driven models for pricing, valuation, and/or risk management.
  • Enters data and tables, runs models, and generates reports.
  • May make adjustments and improvements to models, when appropriate.
  • Maintains proper price level, price structure, data availability and other requirements to achieve profitability and competitive goals.
  • Identifies critical experience areas to monitor and suggest timely remedies to correct or prevent unfavorable trends.
  • Identifies sources of gain and loss by product and assumption.
  • Tests pricing assumptions and the appropriate premiums, interests’ margins, reserves, and cash values for new products.
  • Resolves issues of and navigates obstacles to deliver work product.
  • Serves as a resource to less experienced team members on escalated issues of a routine nature.
  • Bachelor’s Degree. 4 additional years of actuarial/business/analytical experience beyond the minimum required may be substituted in lieu of a Degree.
  • 4 or more years actuarial/business/analytical experience.
  • Associate or Fellow of the Casualty Actuarial Society.
  • Preferred:
  • 4+ years prior experience using catastrophe modeling software, such as RMS, KCC or AIR.
  • RMS Certified Catastrophe Risk Analyst and/or AIR Certified Extreme Event Modeler certifications are highly preferred.
  • Strong learning agility, initiative, innovative approaches, collaboration and ability to work independently are all desired attributes of the ideal candidate.
  • Prior programming experience or predictive modeling experience is a benefit.