TITLE: Reinsurance Modeling Analyst
POSITION OBJECTIVE: Assist cat modeling supervisor with catastrophe modeling activities for the Broker Assumed business portfolio.
DUTIES and RESPONSIBILITIES:
- Review submission documents and log pertinent details regarding data and treaties. Follow up with underwriters/brokers to obtain any missing information or clarification as necessary;
- Assess and communicate expert opinion on the quality of cedant modeling information; guide alternative/additional modeling requirements to ensure complete and accurate loss estimates;
- Maintain organization and workflow of currency conversions as well as modeling considerations for international exposures;
- Ensure consistency between internal portfolio management and catastrophe modeling databases;
- Provide data for pricing and other actuarial analyses;
- Perform modeling activities required to complete treaty analyses in Verisk and RMS models for use in periodic corporate rollups including domestic and international exposures;
- Maintain current knowledge of catastrophe models to include change impact and best practices;
- Organize and maintain efficient data file structure supporting needs of actuarial CAT modeling BA underwriting and IT;
- Travel required to AAIC offices and conferences as needed.
EXPERIENCE AND SKILLS REQUIRED:
- Exceptional analytical and problemsolving skills.
- Strong data manipulation skills and ability to learn new software tools.
- Excellent attention to detail and ability to critically review catastrophe model output.
- Effective teamwork and communication skills both to internal teammates and external partners.
- Timemanagement and organization skills ability to work on multiple requests at any given time.
EDUCATION OR TRAINING REQUIRED:
- Bachelors degree or equivalent experience
PREFERRED EXPERIENCE AND SKILLS:
- 2 years of modeling experience with RMS RiskLink/RiskModeler and Verisk Touchstone;
- Experience in reviewing and interpreting broker reinsurance submission documentation;
- Proficient in SQL and Excel;
- Knowledge of insurance and insurance coverages;
- Good communication and relationshipbuilding skills;
- Organizational skills and the ability to work independently.