Risk Modeling Analyst I International Catastrophe Insurance
THIS JOB HAS EXPIRED Purpose
This position is responsible for manipulating large databases of property insurance data, running natural disaster computer simulation models, analyzing loss estimates and presenting the results to internal and external clients via reports, exhibits, maps and graphs and formal presentations. The position requires strong technical, analytic, and communication skills.
Modeling Analysis and Reporting
Understanding general catastrophe modeling techniques and peril-specific modeling methodologies including specific inputs, outputs and processing components for models used by ICAT.
Performing sophisticated analytical risk analyses using RMS and AIR?s technology platforms for internal and external reporting, support of reinsurance structures, technical evaluation of business opportunities and pricing support for large individual accounts.
Responsibility for catastrophe modeling process efficiency, data and report effectiveness, and quality assurance processes.
Understanding modeling related data flows and impacts, intelligent decision-making with regards to use of various company data elements, and documentation such as technical specifications and position papers.
Supporting requests by the business and product unit leaders to help assess, manage and price catastrophe risk through the use and interpretation of modeling results.
Serving as the modeling subject matter expert through understanding and communication of modeling methodologies, sensitivities and uses.
Catastrophe Model Analytics
Assisting with the installation, quality assurance, and resolution of technical problems associated with the software.
Analyzing the changes in loss estimates produced by the models and communicating model change impacts to underwriting and leadership teams.
Supporting the operational and underwriting transition to the new models and the associated computing infrastructure.
Catastrophe Event Response
Constructing and improving the annual claim potential reports which are built using historical claims experience and catastrophe modeling software.
Analyzing real-time catastrophe events to determine the potential number of claims and amount of loss.
Compiling historical loss data, comparing with modeled results, and communicating observations and recommendations.
Understanding and articulating the basic scientific concepts associated with earthquakes and hurricanes relevant to understanding catastrophe risk.
Other duties as assigned.
Works under the direct supervision of the Chief Risk Officer. This position does not supervise other personnel.
ICAT Core Competencies
Proven success in the following job competencies:
Analysis and Reporting
Business Planning and Management
Communication and Presentation
Customer Focus and Relationship Building
Champion for Change
Information and Technology Proficiency
Problem Solving and Decision Making
Technical Industry and/or Profession Expertise
Experience in running catastrophe models.
Actuarial or property underwriting experience in insurance or reinsurance preferred.
BS degree in Mathematics, Actuarial Science, Engineering, Computer Science, Business, or related sciences preferred with emphasis on data analysis. Business skills and coursework is a plus.
Licenses or Designations
Working knowledge of RMS and AIR catastrophe modeling software products.
Data processing using MS Access and MS SQL Server.
Advanced skills in MS Excel and Access (such pivot tables and data queries).
Skills in MS Word and PowerPoint.
Knowledge of statistical software is a plus.
Physical Work Demands
Able to sit and work at a computer keyboard for extended periods of time.
Able to stoop, kneel, bend at the waist and reach on a daily basis.
Able to perform general office administrative activities: copying, filing, delivering and using the telephone.
Able to lift and move up to 25 pounds occasionally.
Mental Work Demands
Regular and on-time attendance.
Hours regularly exceed 40 hours per week.
Occasional travel by conventional means including aircraft, motor vehicle and the like within the region and to other locations as required.
Note: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required and are not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with this job.
||3665 Discovery Drive |
Boulder, CO 80303
THIS JOB HAS EXPIRED