Junior CAT Risk Research Analyst

  • 36999
  • Non-Life - CAT Modeling
  • |
  • Germany
  • |
  • Mar 11, 2020
  • |
  • German
Insurance
RESPONSIBILITIES
  • Evaluate, suggest and implement procedures for treatment of perils/exposures currently not modeled at the company for overall global accumulation control and potential, usage in internal Risk Capital model and Actuarial Pricing. Contribute to define scope, timeframes and execute deliverables with internal and external clients.
  • Assess, validate and run Catastrophe loss modeling software and prepare data extracts, analyses, reports and documentation. For relevant analyses as well as project related tasks: Contribute to define scope, timeframes and execute deliverables with internal and external clients.
  • Provide on the spot consultancy and translate or explain CAT Modeling results and reports to users in relevant departments; Communication and explanation of portfolio impact e.g. from model changes to internal clients.
  • Drive innovation and change through managing the evaluation process relating to modelling upgrades, GIS applications and other vendor catastrophe loss modelling software. All upgrade and change activities include technical and portfolio impact analyses and complete documentations.
  • Monitor natural disasters and perform post cat event modelling analyses to support various business functions on a near real-time basis.
  • Support various data and analysis projects within the Catastrophe Management Team by developing automation tools to drive simplification and innovation.
  • Responsible for small to medium size projects and specific outcomes relating to definition, execution and delivery phases of the project.
  • Collaboration with Chief Underwriting Office Lines of Business and other relevant functions to support business steering and portfolio management, Solvency II requirements, Reinsurance renewals and Data Quality improvements.
QUALIFICATIONS
  • You have a relevant university degree preferably in Geosciences, Engineering, Mathematics, Physics or Informatics.
  • You have experience in on Cat Risk Management or CAT Model development, preferably in the context of Insurance and/or reinsurance.
  • Ideally, you have an understanding of underwriting practice for industrial risks and corporate business on a global basis.
  • You have a high level of proficiency in data analysis and data manipulation software tools such as Microsoft SQL Server & Excel.
  • You have Programming Skills and knowledge of Microsoft Office applications.
  • You understand GIS applications.
  • Ideally, you have experience with Catastrophe Modeling Software.
  • You have strong analytical and conceptual capabilities.
  • You are a motivated individual with strong analytic, problem solving, and troubleshooting skills.
  • You have the ability to communicate with required levels / functions internally and externally in a global environment.
  • You are keen to deliver results, and drive innovation and change.
  • You have excellent English communications skills; German language skills are a plus.
  • Able to handle multiple tasks and projects simultaneously in a deadline-driven environment.