CAT Modeling Analyst

About the role

Coaction is seeking a motivated candidate with catastrophe modeling expertise to support Enterprise Risk Management (ERM) in managing the risk profile of the company's book of business. The ideal candidate will provide CAT modeling and analytical support to key decision-makers.

Responsibilities

• Provide CAT modeling and analytical support to home office business leaders, corporate CAT, actuarial, and finance teams
• Generate updates and loss estimates on CAT events before, during, and after occurring
• Support activities such as treaty and CAT reinsurance placements, generation of portfolio analytics, and annual CAT budgeting
• Continuously improve the quantity and quality of data captured for modeling
• Support efforts to streamline internal CAT modeling processes and reporting tool development
• Work with internal partners as needed to respond to rating agency surveys and support regulatory filing requirements

Qualifications

• 1-4 years’ experience in catastrophe modeling within an insurance setting
• Strong analytical and quantitative background; sound understanding of probability or statistics
• Ability to work independently and balance competing time-sensitive priorities
• Independent thinking and creative problem-solving skills
• High-level of curiosity to scout for new ideas and eagerness to transform them into products or services with commercial value
• Effective documentation skills
• Effective verbal and written communication skills
• Programming knowledge (VBA, SQL or others) is preferable
• Catastrophe modeling experience with AIR(Touchstone) is preferable
• Bachelor’s degree required

Pay

The salary range for this role is $95,000 - $117,000 + discretionary incentive bonus + benefits, depending on various factors including individual and organizational performance. The offered rate of compensation will be based on individual education, experience, and qualifications. Employees are eligible for a standard benefits package including paid time off, medical, dental, and retirement.