Senior Catastrophe Modeling Analyst
New York, NY  / Irvine, CA  / Sun Prairie, WI 
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Posted 13 days ago
Job Description
Primary DetailsTime Type: Full time

Worker Type: Employee

The Opportunity

Supports the management of insurance product lines subject to catastrophe perils by producing moderately complex catastrophe model results for portfolio risk analysis used in ratemaking, reinsurance pricing, exposure management, and catastrophe response. The main responsibilities include preparing catastrophe model exposure data and quantifying natural catastrophe risk based on commercial catastrophe modeling software such as RMS, AIR, EQE and/or proprietary models to assist with adherence to corporate capacity guidelines and deliver timely analyses for key stakeholders. Produces and interprets moderately complex quantitative reports that assess potential financial loss to insurance portfolios due to natural disasters.

Primary Responsibilities

* Contribute and provide advanced data and information to support rating agency returns and reinsurance placements
*Provide analytical support to catastrophe modeling team operations by sharing knowledge, expertise, and information
*Use tools to assist with the optimization and pricing of portfolios and utilize catastrophe models to evaluate reinsurance structures and strategies
*Use technical expertise to resolve moderately complex catastrophe modeling and risk issues from internal and external sources and escalating issues to ensure department delivers quality analyses and meets business needs and requirements
*Collaborate with key stakeholders by regularly communication to understand business needs, completing special projects, identifying moderately complex tissues, recommending solutions, and assisting lower level analyst and assistants
*Develop processes and scripts to facilitate data transfers and enhance risk calculations
*Understand division/business unit catastrophe modeling and risk management practices
*Contribute to a positive work environment by demonstrating cultural expectations and influencing others to reward performance and value "can do" people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, creativity and fun

Required Education

* Bachelor's Degree or equivalent combination of education and work experience

Required Experience

* 5 years relevant experience

Preferred Competencies/Skills

* Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
*Identify complex problems and review related information to develop and evaluate options and implement solutions
*Utilize advanced research and investigative techniques
*Analyze information and use logic to address work-related issues and problems
*Implement planning to prioritize, organize, measure own work
*Use multiple resources to gather information and use logic to address work-related issues and problems
*Adapt and be flexible in a complex changing environment
*Choose a solution to a problem even in ambiguous or difficult situations
*Clearly and confidently convey information to a wide audience
*Keep an open-mind, consider unique approaches and be open to change and considerable variety in the workplace
*Show drive and initiative
*Demonstrated interest in personal learning and enhancing knowledge; confront unexpected circumstances as learning opportunities

Preferred Education Specifics

* Degree in Mathematics, Applied Mathematics, Statistics, Operations Research, or Actuarial Science

Preferred Experience

* Quantitative background in computer science, catastrophe models, and actuarial product line support
*Knowledge of at least one catastrophe modeling software and catastrophe modeling concepts

Preferred Knowledge

* Knowledge of at least one catastrophe modeling software and catastrophe modeling concepts

Licenses/Certifications

Depending on area of support, specific certification/s are preferred and may include one or more of the following: Chartered Property Casualty Underwriter (CPCU)Associate in Re-insurance (ARe)Risk Management designation - Certified Catastrophe Risk Analyst (CCRA)AIR Institute Certified Catastrophe Modeler (CCM)
*Proficient in Microsoft Word, Excel, Access
*Advanced working knowledge of catastrophe modeling techniques
*Current and possible future policies, practices, trends, technology and information affecting his/her business and organization; knows how the business works
*Advanced working knowledge of computer systems and software, including catastrophe modeling software
*Advanced working knowledge of economics, statistics, and actuarial science modeling techniques

About QBE

We can never really predict what's around the corner, but at QBE we're asking the right questions to enable a more resilient future by helping those around us build strength and embrace change to their advantage.

We're an international insurer that's building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.

And our people will be at the center of our success. We're proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies and our communities.

With more than 12,000 people working across 27 countries, we're big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.

We believe this is our moment: What if it was yours too?

Your career at QBE - let's make it happen!

https://www.linkedin.com/company/qbe-north-america/



US Only - Travel Frequency

* Infrequent (approximately 1-4 trips annually)

US Only - Physical Demands

* General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.

US Only - Disclaimer

* To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

Job Type

* Individual Contributor

Global Disclaimer

* The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other and to our customers, suppliers, communities and governments. It provides clear guidance to help us to make good judgement calls.

Compensation

Base pay offered will vary depending on, but not limited to education, experience, skills, geographic location and business needs.

Annual Salary Range: $84,000 - $127,000

AL, AR, AZ, CO (Remote), DE, FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX (Remote, Plano), UT, VA, VT, WI, WV and WY
* * * * *

Annual Salary Range: $93,000 - $139,000

CA (Remote, Fresno, Irvine and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX and WA
* * * * *

Annual Salary Range: $105,000 - $159,000

San Francisco CA, NJ and New York City NY

Benefit Highlights

You are more than your work - and QBE is more than a workplace, which is why QBE provides you with the benefits, support and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.

We also offer a competitive 401(k) contribution and a paid-time off program. In addition, our paid-family and care-giver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.

At QBE, we understand that exceptional employee benefits go beyond mere coverage and compensation. We recognize the importance of flexibility in the work environment to promote a healthy balance, and we are committed to facilitating personal and professional integration for our employees. That's why we offer the opportunity for hybrid work arrangements.

If this role necessitates a hybrid working model, candidates must be open to attending the office 8-12 days per month. This approach ensures a collaborative and supportive work environment where team members can come together to innovate and drive success.

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.


Equal Employment Opportunity

The companies of QBE North America are committed to equal employment opportunities. All qualified applicants will receive consideration for employment without regard to age, disability, marital or parental status, national origin, citizenship, race, color, religion, sex, sexual orientation, or veteran status. All personal information contained in this application will be kept confidential as required by law.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full or Part Time
Required Education
Bachelor's Degree
Required Experience
5+ years
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