Catastrophe Risk Analyst
The Catastrophe Risk Analyst is responsible for assessing the risk and potential damage caused by natural and man-made disasters. Utilizing statistical models, historical data, and predictive analytics, they help insurance companies, governments, and businesses understand the financial impact of catastrophic events and develop strategies to mitigate losses.
Job Responsibilities
- Evaluate complex datasets to identify patterns and trends associated with catastrophe risks.
- Develop and refine catastrophe models to estimate potential losses from various disaster scenarios.
- Generate detailed reports that communicate risk assessments to stakeholders.
- Work closely with underwriters and actuaries to integrate risk analysis into policy pricing and portfolio management.
- Stay ahead of the latest developments in climate science, construction technology, and regulatory changes that may affect risk profiles.
- Assist in the creation of risk mitigation strategies to minimize financial impact.
- Utilize advanced software and technologies to improve the accuracy of risk predictions.
- Contribute to the development of emergency response plans for catastrophic events.
Work Experience and Education
Bachelor's degree in Risk Management or Business with a minimum of 6 months of related experience.
Licenses & Certifications
Certified Catastrophe Risk Analyst (CCRA), Certified Specialist in Catastrophe Risk (CSCR) or Certified Catastrophe Risk Management Professional (CCRMP) is preferred.
Technical/Functional Skills
- Risk Modeling
- Data Management
- Regulatory Compliance
- Statistical Analysis
Behavioral Skills
- Effective Communication
- Interpersonal Skills
- Attention to Detail
- Decision Making
- Problem-Solving
- Continuous Learning
Benefits
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more. Full-time roles are eligible for bonuses and benefits.
Pay
The target salary range for this position is $62,000.00 - $77,500.00 annually. The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future.