Catastrophe Risk Analyst - Acrisure Re (New York)

Acrisure Re is a global reinsurance broker with a reputation for placing reinsurance programs covering complex and technical books of business, at the best available market terms. We are an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. By fostering a team mentality, both internally and with our clients, we develop a thorough understanding of our clients’ situations and markets, creating unique opportunities for innovative and ingenious solutions that add value and get positive results.

Position Summary:

The primary responsibilities of the Catastrophe Risk Analyst include catastrophe modeling natural perils and terrorism for varying property and workers’ compensation (re)insurance portfolios using leading commercially available vendor models. Modeled portfolios will be diverse in nature and span the gamut from single state admitted homeowners’ carriers to large specialty carriers with complex non-admitted portfolios consisting of diverse insurance and reinsurance exposures and complex inuring reinsurance structures.

Primary Responsibilities:

The role involves contributing to the entire life cycle of multiple catastrophe modeling projects to support (re)insurance renewals and production of new (re)insurance opportunities and include:

• Preparation and review of exposure data including assessing data quality
• Processing of exposure data as needed for catastrophe modeling purposes
• Execution of catastrophe modeling and extraction and interpretation of results
• Creation of various reports summarizing exposures and catastrophe modeling results
• Post-catastrophe modeling analytics (e.g., reinsurance structure pricing, reinsurance cost allocation, portfolio optimization)
• Communication of catastrophe modeling results to internal brokers and actuaries and external stakeholders
• Contribute to internal research and development projects and “whitepapers”
• Prepare pre- and post-event catastrophe loss estimates in the event of a “live” event
• Preparation of A.M. Best Secondary Rating Questionnaires (‘SRQ”)

This description is not meant to be all-inclusive and may be modified from time to time at the discretion of management.

Competencies:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Requirements:

• 2+ years of catastrophe modeling experience using RMS and/or AIR
• Excellent written and communication skills with the ability to present complex technical subjects both internally and externally to varied audiences
• Ability to prioritize and organize tasks under time and resource constraints
• Strong understanding of relational databases and associated structured query language (“SQL”) skills
• Strong Microsoft Office skills especially Excel and Access including VBA
• Proficiency in programming using R, Python, or other comparable language
• Familiarity with data visualization tools (Power BI, Tableau,etc.)
• Familiarity of personal and commercial lines insurance including policy forms and conditions.
• ARe, CPCU designations are a plus.
• Some knowledge of probability and statistics
• Strong interpersonal skills

Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Moderate stress due to regular deadlines and daily challenges
• High finger dexterity while typing documents and forms

Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job, and reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Work is done in a temperature-controlled, open plan, non-smoking office
• The noise level in the work environment is usually moderate

To Executive Search Firms & Staffing Agencies: Acrisure does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Acrisure’s property, and Acrisure will not be obligated to pay a referral fee. This includes resumes submitted directly to hiring managers without contacting Acrisure’s Human Resources Talent Department.

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