Consultant, CAT Risk

Travelers • Hartford, CT

2d

About The Position

At Travelers, we work to ensure our customers are covered when it matters most. To provide the best coverage possible, our Enterprise Catastrophe Risk Management team assesses the risk of financial loss due to natural and manmade catastrophes and risk reward analytics. As the Consultant, Catastrophe (CAT) Risk, you will contribute within assigned team and on assigned projects, while developing your risk and insurance industry knowledge and building professional relationships across the enterprise.

Requirements

• Bachelor’s Degree in STEM (Science, Technology, Engineering, Mathematics), Business, or a related field.

Nice To Haves

• One year of relevant analytics experience.
• Basic knowledge of Microsoft suite, SQL, geospatial, statistical packages or other programs used to retrieve and analyze data.
• Basic knowledge and understanding of Catastrophe Risk Modeling components including model output and metrics.
• Ability to proactively manage time and prioritize multiple claims simultaneously.
• Written and verbal communication skills with the ability to pay attention to detail and effectively covey information to peers.
• Ability to work independently and as part of a team.

Responsibilities

• Support catastrophe risk evaluation focused in one or more of the following: CAT model framework, monitoring aggregation profiles, development of catastrophe view of risk, and/or performing risk reward analysis.
• Compile business and market results, identify trends, and formulate hypotheses for potential future research and analysis.
• Support a project(s) involved in one or more of the following: CAT underwriting strategy, development of hazard maps, and/or metric standards including data quality, data feed attributes, concentration metrics, and profitability ratios.
• Maintain awareness of Data Repository & CAT Ecosystem for metrics, reports, and exposure data.
• May support CAT Event Response coordination across the enterprise, producing impacted exposure summaries for major events, and providing guidance to executive, claim, reserving and analytical teams.
• May also participate on post event reviews for catastrophe perils.
• Refresh basic analytical analyses to understand issues, identify cause/effect relationships and may identify and create process efficiencies within assignments.
• Perform other duties as assigned.

Benefits

• Health Insurance : Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level