Catastrophe Risk Analyst

TransRe has an immediate opening in New York City for a Catastrophe Risk Analyst.

 

Date posted

June 25, 2018 12:00 am

Application deadline

July 25, 2018 12:00 am

Organization

TransRe

Location

  • United States

Job description

Since 1977 we have been a leading international reinsurer that combines global reach with local decision making to deliver first class solutions. Our customer and broker relationships are based on years of trust and experience. We have a flat organization structure that combines a strongly rated balance sheet with a willingness and ability to pay claims consistently. We operate through a network of 25 offices globally and proudly take a hands-on approach to write every product in every jurisdiction with a promise not to compete with our clients.

Our Vision Is to be the first-choice provider of reinsurance to our clients worldwide. We strive to create unmatched value for our customers, colleagues, business partners, and shareholders as we contribute to the growth of sustainable, prosperous communities. We achieve this through our Core Values:

  • Experience The foundation of our trust-based relationships
  • Expertise The basis of our timely, value added insight and support for our customers
  • Accessibility All lines of business, all over the world
  • Strength An ability and willingness to pay claims
  • Integrity We do not compete with our customers

We have the following job opportunity available in our New York City office: Catastrophe Risk Analyst

Description:

This role is part of our New York modeling team, which provides in-depth analytics and expertise to our North American underwriters as well as delivering catastrophic peril related projects to the business in order to better understand and manage our risk.

  • Perform data scrubbing/formatting and modeling analyses of individual catastrophe excess, pro rata and per risk programs and provide knowledge in the areas of catastrophe modeling, data quality and pricing for property catastrophe and specialty reinsurance business lines.
  • Liaise with the underwriting department on review and interpretation of the modeling output, pricing of reinsurance of contracts and added analytics based on catastrophe model results.
  • Interact with peers within brokers and client companies to ensure clear understanding of data requirements, quality and completeness of data provided, and interpretation of modeling results.
  • Develop and improve the catastrophe modeling inputs and metric outputs used for reinsurance pricing.
  • Participate in group efforts to design operations, procedures and systems to improve data quality.
  • Contribute to model studies including the validation of underlying science, usage, and outputs.
  • Ability to identify opportunities for improved processes, develop specifications for solutions and liaise with development to implement via TransRe systems.

Requirements:

The ideal candidates should demonstrate a successful track record of achievement in the following areas:

  • BS or BA degree in math, applied science, computer science, actuarial science or other quantitative discipline.
  • At least 1 year of experience with two of the major catastrophe models.
  • Experience with modeling in a Reinsurance firm or within a broker setting is preferred.
  • Must possess knowledge of modeling property insurance and reinsurance business and of various types of reinsurance/retro structures.
  • Good understanding and experience with writing SQL queries/stored procedures as related to the catastrophe modeling is required. Some programming capability R, Python a plus.
  • Ability and desire to work in a fast-paced business environment.
  • Demonstrated ability to work collaboratively and engage multiple stakeholders from across the business.
  • Excellent communication skills (in English, verbal and written) and a strong work ethic and commitment to meet deadlines.

For immediate and confidential consideration, please email your resume to careers@transre.com. We are an Equal Opportunity Employer (EOE) and we support diversity in the workforce.

For more details

https://www.transre.com/careers/our-current-openings/