Reinsurance Treaty Catastrophe Modeler

Treaty Analysis

• Analyze and model complex reinsurance treaties (e.g., proportional, non-proportional, retrocessional) using industry-standard catastrophe models (e.g., Verisk Touchstone/Touchstone Re, RMS RiskLink, CoreLogic).
• Data Preparation & Validation: Prepare, validate, and quality-assure exposure data for input into catastrophe models, ensuring accuracy and completeness.
• Model Execution & Interpretation: Execute catastrophe models, interpret results (e.g., exceedance probability curves, average annual loss, return periods), and identify key risk drivers.
• Portfolio Management: Contribute to the management of the reinsurance portfolio by providing risk assessments and insights to underwriters.
• Scenario Development: Develop and analyze custom scenarios to assess potential impacts of specific events or changes in exposure.
• Model Validation & Development: Participate in the validation and enhancement of catastrophe models, including model parameterization and calibration.

Reporting & Communication

Prepare clear and concise reports summarizing model results and communicate findings to underwriters, management, and other stakeholders.

Collaboration

Collaborate with underwriters, actuaries, and other departments to provide comprehensive risk assessments.

Research & Development

Stay abreast of industry trends, new modeling techniques, and emerging risks. Participate in projects to help shape and define the company's view of risk for natural catastrophe perils.

Qualifications

• Bachelor's or Master's degree in a quantitative field such as Actuarial Science, Mathematics, Statistics, Engineering, or a related discipline.
• Minimum of 5 years of experience in catastrophe modeling, specifically within the reinsurance industry.
• Proficiency in using at least one major catastrophe modeling platform (Verisk Touchstone, RMS RiskLink, CoreLogic).
• Strong understanding of reinsurance principles, treaty structures, and underwriting practices.
• Solid understanding of statistical concepts, including probability distributions, return periods, and extreme value theory.
• Experience with data manipulation and analysis using software such as SQL, R, or Python.
• Excellent analytical, problem-solving, and communication skills (both written and verbal).
• Ability to work independently and as part of a team.
• Experience with stochastic modeling tools such as MetaRisk or ReMetrica desired.
• Experience with scripting or programming languages (e.g., Python, VBA) is a plus.
• Experience with database management is a plus.

Pay

$170,000 - $190,000 Annual

Teammate Benefits & Total Well-Being

• 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
• Additional Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.