Analyst, CAT Modeling
About The Position
At Coaction, we’re a unique mix of leaders, achievers, thinkers, and team players with a high-performance mindset and a diverse skillset. We bring our industry expertise together to continually push the boundaries of what insurance can be for our clients. Coaction is seeking a motivating candidate with catastrophe modeling expertise to work directly with decision makers to steer and optimize our book of business. This role is focused to support Enterprise Risk Management (ERM) effectively manage our risk profile. The successful candidate will generate analytics, industrialize proof of concept, interact regularly with business and operational stakeholders from various teams.
Requirements
- 1-4 years’ experience in catastrophe modeling within an insurance setting
- Ability to work independently and balance competing time sensitive priorities
- Strong analytical and quantitative background; sound understanding of probability or statistics
- Ability to work with large data sets, analyze, process, visualize and communicate complex analyses into simpler explanations of quantitative information to experts and non-experts
- Independent thinking and creative problem-solving skills
- High-level of curiosity to scout for new ideas and eagerness to transform them into products or services with commercial value
- Effective documentation skills
- Effective verbal and written communication skills
- Bachelor’s degree required
Nice To Haves
- Programming knowledge (VBA, SQL or others) is preferable
- Catastrophe modeling experience with AIR(Touchstone) is preferable
Responsibilities
- Provide CAT modeling and analytical support to home office business leaders, corporate CAT, actuarial, and finance teams
- Provide updates and loss estimates on CAT events before, during, and after occurring
- Support activities like treaty and CAT reinsurance placements, generation of portfolio analytics, and annual CAT budgeting
- Continuously improve the quantity and quality of data captured for modeling
- Support efforts to streamline internal CAT modelling processes and reporting tool development
- Work with internal partners as needed to respond to rating agency surveys, and support regulatory filing requirements
Benefits
- paid time off
- medical
- dental
- retirement
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
