Position: Cat Modeler

Company: Reinsurance Organization

Location: New York

Job ID: 20787



RESPONSIBILITIES:

- Gather and prepare property exposure data for assigned client projects
- Assess the data quality and make necessary assumptions for modeling; analyze changes in exposure and the associated impact of cat model results
- Model the probability distributions of the gross/ceded/net results using AIR, EQE, RMS and other vendor cat models in conjunction with ANALYTICS proprietary software
- Analyze how the distribution of results and relevant risk measures change as a result of application of various proposed reinsurance alternatives; report on analysis to brokers and clients
- Identify significant considerations that insurers should address in designing their programs
- Manage expenses, time, services, etc. in order to maximize the organization’s profits
- Respond to client queries and concerns, resolving issues promptly
- Assist in responding to client requests for information, coordinating other departments, as necessary
- Establish and maintain strong relationships with clients and colleagues
- Document all external correspondence and telephone conversations in accordance with the organization’s procedures
- Update management on issues, progress, etc, regularly and upon request
- Perform other job-related duties as assigned



QUALIFICATIONS:

- Bachelor’s degree in actuarial science, mathematics, statistics, economics or related field
- Must have 5 years of reinsurance and/or insurance industry experience including 2-3 years relevant experience in cat modeling
- Should have technical expertise in AIR, RMS, and/or EQE vendor cat models, reinsurance terms and conditions, and data management including statistical plans and policy or exposure data warehousing; with risk management and property underwriting expertise
- Membership in IDMA, CPCU, etc. and/or advanced degree in IT or actuarial background desirable
- Excellent computer/data manipulation skills using MircoSoft Excel, Access, Power Point and Word; Experience in using a programming language

www.nasearchg.com