Catastrophe Analyst

  • 39293
  • Non-Life - CAT Modeling
  • |
  • New York, United States
  • |
  • Mar 16, 2021
Insurance
RESPONSIBILITIES
  • Weekly, monthly and quarterly reporting of metrics and financial data for catastrophe and non catastrophe claims.
  • Aggregating claims data relative to frequency and severity across multiple business segments and systems.
  • Tracking large losses to ensure reserve adequacy through direct and coordinated severity file reviews.
  • Maintaining a database or share-point site of financial projection data, severity claims and worksheets.
  • Partnering with actuary and claim leadership to assist with the catastrophe financial projection process.
  • Handling compliance requests and reporting as needed.
  • Ensuring proper identification of reinsurance on a per claim and event basis.
  • Responding timely to ad hoc reporting requests, projects and additional duties as required.
QUALIFICATIONS
  • Technical proficiency in personal and commercial claims and an in depth understanding of commercial coverage and loss assessment/evaluation, including dollar one, contingent, market and participation risks and associated losses.
  • Ability to work closely with departments adjusting resources to encourage and facilitate prompt adjuster recording of catastrophe information utilized for operational and financial reporting.
  • Ability to review complex losses and be able to determine preliminary estimates of exposure based on file information, preliminary inspection reports and dialogue with the adjuster/IA.
  • Ability to effectively monitor, assess and track dynamic financial information keeping track of rapidly developing changes in a time sensitive environment.
  • Ability to assemble complex event projections with detailed breakdown by business unit and align them with similarly assembled actuarial projections.
  • Ability to assemble senior level reports that accurately articulate and depict the current state of operational and financial catastrophe metrics as well as other metrics as defined by the senior Property management team.
  • Strong computer skills and aptitude with pivot tables, macros, slicers, formulas and new programs as needed.
  • Excellent written and verbal communication skills with the ability to draft succinct reports
  • Keen math skills and proven analytics to forecast and identify trends.
  • Extremely organized individual that can multi-task while effectively compartmentalizing multiple streams of information and work within tight deadlines.
  • Conceptual understanding of insurance financial terminology and reinsurance.
  • Adaptable, flexible and team/relationship oriented.