Reinsurance Treaty Catastrophe Modeler

This is a fully remote position, open to applicants in United States.

📋 Description

• Conduct analysis and modeling of intricate reinsurance treaties, covering proportional, non-proportional, and retrocessional agreements.

• Prepare, validate, and ensure the quality of exposure data utilized in catastrophe modeling.

• Implement catastrophe models, analyze exceedance probability curves, average annual loss, return periods, and pinpoint essential risk factors.

• Provide risk assessments and insights that support reinsurance portfolio management and underwriting choices.

• Create and evaluate customized scenarios for particular events or changes in exposure.

• Engage in the validation and enhancement of catastrophe models, including their parameterization and calibration.

• Compile reports that summarize model outcomes and convey findings to underwriters, management, and other stakeholders.

• Work collaboratively with underwriters, actuaries, and various departments to conduct comprehensive risk assessments.

• Investigate industry trends, modeling methodologies, and emerging risks related to natural catastrophes.

• Be involved in projects that shape the company's perspective on risks associated with natural catastrophe perils.

⛳️ Requirements

• A Bachelor's or Master's degree in a quantitative field such as Actuarial Science, Mathematics, Statistics, Engineering, or a similar area.

• At least 5 years of experience in catastrophe modeling, particularly within the reinsurance sector.

• Proficient in at least one leading catastrophe modeling platform (Verisk Touchstone, RMS RiskLink, CoreLogic RQE).

• Strong grasp of reinsurance principles, treaty structures, and underwriting practices.

• Solid understanding of statistical concepts, including probability distributions, return periods, and extreme value theory.

• Experience in data manipulation and analysis using SQL, R, or Python.

• Superior analytical, problem-solving, and communication abilities (both written and verbal).

• Capability to work both independently and collaboratively within a team.

• Familiarity with scripting or programming languages (e.g., Python, VBA) is advantageous.

• Experience in database management is a plus.

• Knowledge of stochastic modeling tools such as MetaRisk or ReMetrica is preferred.

🏝️ Benefits

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance.

• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement.

• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services.

• Paid Time Off.

• Holidays.

• Preferred Partner Discounts.