
Catastrophe Modeling Professional
1 day ago
About the Role:
We are seeking a highly skilled Reinsurance Pricing Specialist to join our team. In this role, you will be responsible for modeling catastrophe reinsurance structures and strategies using RMS products such as RiskLink and Risk Browser.
Key Responsibilities:
- Gather and interpret information from clients, brokers, and underwriters to understand exposures and review modeling results.
- Work with customers to explain modeling limitations and resolve issues promptly.
- Model catastrophe reinsurance structures and strategies using RMS (Risk Browser & RiskLink) and other vendor tools.
- Assess data quality and make necessary assumptions for modeling.
- Create reports for client exposure and modeled losses.
- Support other reinsurance groups by analyzing both individual risk and portfolio-level risk where required.
- Collate data for various business units to prepare for Facultative portfolio aggregation.
- Prepare monthly/quarterly aggregation reports, build in-force portfolios, and provide corresponding loss distributions by peril/region.
- Develop processes and scripts to facilitate data transfers and optimize risk calculations.
- Perform other job-related duties as assigned.
Requirements:
- Relevant years of experience in a catastrophe modeling role.
- Experience with RMS products, especially RiskLink and Risk Browser, is necessary; experience with AIR products is preferred but not required.
- Undergraduate-level knowledge of statistical and mathematical concepts.
- Excellent computer skills, including Microsoft Excel, Access, SQL, and VBA.
- Ability to meet deadlines and work effectively under pressure.
- Strong analytical, interpersonal, communication, and organizational skills.
Desirable Qualifications:
- Understanding of reinsurance terms and conditions is preferred but not required.
- Ability to work with large datasets, complex instructions, multiple exceptions, and layered categorizations.
Education:
Bachelor's degree in any specialization or higher qualification preferred.
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