Catastrophe Risk Analyst

Ryan Specialty•Chicago, IL

8h•$68,000 - $85,000

About The Position

The Catastrophe Risk Analyst is responsible for assessing the risk and potential damage caused by natural and man-made disasters. Utilizing statistical models, historical data, and predictive analytics, they help insurance companies, governments, and businesses understand the financial impact of catastrophic events and develop strategies to mitigate losses. What will your job entail?

Requirements

Bachelor’s degree in Risk Management or Business with a minimum of 6 months of related experience.
Risk Modeling
Data Management
Regulatory Compliance
Statistical Analysis
Effective Communication
Interpersonal Skills
Attention to Detail
Decision Making
Problem-Solving
Continuous Learning

Nice To Haves

Certified Catastrophe Risk Analyst (CCRA), Certified Specialist in Catastrophe Risk (CSCR) or Certified Catastrophe Risk Management Professional (CCRMP) is preferred.

Responsibilities

Evaluate complex datasets to identify patterns and trends associated with catastrophe risks.
Develop and refine catastrophe models to estimate potential losses from various disaster scenarios.
Generate detailed reports that communicate risk assessments to stakeholders.
Work closely with underwriters and actuaries to integrate risk analysis into policy pricing and portfolio management.
Stay ahead of the latest developments in climate science, construction technology, and regulatory changes that may affect risk profiles.
Assist in the creation of risk mitigation strategies to minimize financial impact.
Technology Implementation: Utilize advanced software and technologies to improve the accuracy of risk predictions.
Contribute to the development of emergency response plans for catastrophic events.