Catastrophe Modeling Specialist

About the role

As an expanding and critical area in the insurance industry, catastrophe modeling plays a key role in protecting insureds from the impacts of climate change. MSMM is seeking a motivated individual with strong analytical skills and an interest in quantitative analysis to join our Catastrophe Modeling team.

Responsibilities

• Perform account-level property catastrophe modeling and assist underwriters with day-to-day requests.
• Review and validate high-impact account modeling results; support initiatives to improve modeling efficiency.
• Identify and monitor aggregate exposures to mitigate potential losses from extreme events (e.g., hurricanes, earthquakes, wildfires).
• Track and analyze underwriting data to manage MSMM’s property portfolio.
• Maintain data quality through regular file and portfolio reviews and completion of QC checklists.
• Collaborate with underwriting, reinsurance, and management teams to implement best practices for data integrity.
• Provide modeling support for field underwriters and resolve related issues.
• Deliver data and modeling results for Ceded Re, Actuarial, and Finance teams; complete ad hoc projects as needed.
• Support monthly and quarterly modeling processes.
• Affiliate with internal/external training programs related to catastrophe management.
• Enhance reporting capabilities and create new reports for senior leadership.

Requirements

Essential requirements include 2–3 years of experience in catastrophe modeling, preferably in commercial lines with portfolio modeling focus. Proficiency in Verisk CAT modeling; Moody’s experience is a plus. Strong understanding of commercial property insurance terms and ability to accurately model complex structures. Advanced skills in Excel and SQL; experience with Python, VBA, or R is beneficial. Excellent communication skills to present complex analyses to business stakeholders. Highly organized with attention to detail; ability to manage multiple priorities and deliver high-quality work on time. Bachelor’s degree in a quantitative field (mathematics, data science, computer science, or physical sciences).

Qualifications

Education & Experience: 2–3 years of experience in catastrophe modeling, preferably in commercial lines with portfolio modeling focus. Proficiency in Verisk CAT modeling; Moody’s experience is a plus. Strong understanding of commercial property insurance terms and ability to accurately model complex structures. Advanced skills in Excel and SQL; experience with Python, VBA, or R is beneficial. Bachelor’s degree in a quantitative field (mathematics, data science, computer science, or physical sciences).

Skills

Skills: Strong analytical skills, proficiency in Verisk CAT modeling, advanced skills in Excel and SQL, excellent communication skills, attention to detail, ability to manage multiple priorities, and experience in commercial property insurance.

Benefits

Benefits: Not specified.

Pay

Salary: In New York City, and New Jersey the base pay range is $95,000.00 - 125,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

Schedule

Schedule: Hybrid role; Atlanta, GA preferred. Warren, NJ or NY considered. Other MSMM office locations may be possible.