Senior Catastrophe Modeler

  • 36529
  • Non-Life - CAT Modeling
  • |
  • Florida, United States
  • |
  • Jan 6, 2020
Insurance
RESPONSIBILITIES
  • Calculates catastrophe exposure for all business segments and/or perils within responsibility assigned.
  • Validates exposure data received from business segments and interprets best fit for catastrophe modelling. Provides expert guidance to countries and equips countries to improve exposure data quality. Conducts corrections in case of exposure data quality issues with material impact on group level.
  • Provides leadership in the development and application of catastrophe models completing assignments of the highest complexity and working within delegated authority.
  • Leads projects for research, experience studies and other statistical analyses in collaboration with R&D. Tracks and understands shifts in cat portfolios for assigned business segment and/or peril, and reports and communicates peril accumulations to business segment and/or senior management in the frequency required.
  • Assists in allocating capacity to countries/business segments within responsibility assigned.
  • Assists in monitoring profitability and growth of assigned business segment and/or peril. Provide consolidated views for local regulatory authorities as required.
  • Leads catastrophe management initiatives for business units and/or segments as needs arise.
  • Contributes to the development and implementation of strategies involving group-wide accumulation management and the optimization of capital. Influences the development and implementation of strategies involving catastrophic pricing and the optimization of capital.
  • Responds to requests from other functions.
  • Demonstrates proficient cat modeling experience and specialized knowledge about vendor models, and a comprehensive understanding of the vendor model landscape. Has special knowledge about specific hazard and LOBs.
  • May support underwriters and account executives on pricing decisions, as needed.
  • Supports countries in Cat Planning process in collaboration with Cat UW, and assists countries in managing model changes.
  • Provides subject matter expertise to industry in the form of public presentations as approved by manager.
  • May be responsible for maintenance and development of tools for the internal workflow.
  • Completes requests from regulators and rating agencies.
  • Manages people during specific projects as per agreed with Manager.
QUALIFICATIONS
  • Bachelor’s Degree in Finance, Statistics, Mathematics, Meteorology Natural Sciences and 6 or more years of experience in the Catastrophe Modeling area OR,
  • Insurance Apprentice including an Associate Degree in Finance, Statistics, Mathematics, Meteorology or Natural Science and 6 or more years of experience in the Catastrophe Modeling area OR,
  • Master’s Degree in Finance, Statistics, Mathematics, Meteorology or Natural Sciences and 4 or more years of experience in the Catastrophe Modeling area AND,
  • Programming experience.
  • Insurance and/or reinsurance experience.
  • Experience with catastrophe models such as AIR, RMS and EQE.
  • Experience with data mining, manipulation and analysis.
  • Knowledge of data visualization and mapping software.
  • Analytical and problem-solving skills.
  • Experience collaborating across functional business groups.
  • Strong presentation, verbal and written communication skills.
  • Insurance Industry Certifications.