Senior Catastrophe Modeling Analyst (Earthquake)

Arch Insurance Group Inc.Boston, MA
3d$118,000 - $135,000Remote

About The Position

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠. Job Summary: The Arch Catastrophe Analytics team is looking to add a Senior Catastrophe Research Analyst to our dynamic and growing team. This role would work closely with senior leadership, underwriters and actuarial teams across Arch Insurance to develop solutions for natural and man-made catastrophes. Team members will have high level of visibility while delivering project outputs directly to C-suite members. Candidates should be self-starters, with strong data skills who are looking to be creative and ready to take on any task put in front of them.

Requirements

  • University degree in seismology / earthquake / civil engineering or a similar discipline
  • 5+ years of catastrophe modeling experience
  • Expertise in at least one catastrophe model vendor platforms (such as RMS, Verisk, KCC)
  • Excellent verbal and written communication skills, including a proven track record of communicating effectively with stakeholders at various levels, with technical and non-technical backgrounds
  • Strong technical problem-solving skills and the ability to interpret modelled loss estimates
  • Proficiency with Microsoft Office, SQL
  • Knowledge of one programming language (such as Python, R Studio)
  • Self-motivated with capability to work in a team, or independently, and ability to prioritize tasks

Nice To Haves

  • Grad level degree in in seismology / earthquake / civil engineering or a similar discipline
  • Experience with Python, R Studio and geospatial tools (ESRI/QGIS)
  • Knowledge of commercial (re)insurance terms
  • Knowledge of Global Earthquake Model (GEM)

Responsibilities

  • Perform validation of hazard and vulnerability components of the major peril models and evaluate new models and datasets
  • Examine model version change
  • Develop the Arch View of Risk framework for use across the organization
  • Evaluate 3rd party data and develop standards for use across business units
  • Lead catastrophe model validation projects on geophysical peril and support the team with other perils
  • Run catastrophe models to quantify risk and financial impact
  • Perform sensitivity testing and collaborate with research partners to validate and enhance modelling solutions
  • Translate external scientific research into business-impacting practices

Benefits

  • multiple medical plans plus dental, vision and prescription drug coverage
  • a competitive 401k with generous matching
  • PTO beginning at 20 days per year
  • up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
  • basic Life and AD&D Insurance as well as Short and Long-Term Disability
  • Paid Parental Leave of up to 10 weeks
  • Student Loan Assistance and Tuition Reimbursement
  • Backup Child and Elder Care
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