drjobs Lead Portfolio Management Specialist - Cat Modeling

Lead Portfolio Management Specialist - Cat Modeling

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1 Vacancy
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Job Location drjobs

Nashville, TN - USA

Yearly Salary drjobs

$ 112000 - 140000

Vacancy

1 Vacancy

Job Description

Position Summary

The Lead Portfolio Management Specialist will be assisting in the development of portfolio optimization and management tools and determining VRUs long term capital and reinsurance needs. This position involves collaborating with brokers capital providers and internal teams to provide strategic solutions. This is a hybrid role based in Nashville TN.

What will your job entail

Essential Job Functions:

  • Responsible for portfolio forecasts conducting what if scenarios on possible portfolio actions and determining the required capital to meet VRUs business objectives
  • Work closely with business unit leaders to establish and implement tactics to improve overall portfolio results while achieving GWP and revenue objectives
  • Work with various broker vendors to support the capital growth and reinsurance placements for the company by providing necessary data reports and validation of submission materials
  • Evaluate exposure concentrations and potential impact to the portfolios
  • Model the probability distributions of the gross/ceded/net results using Verisk RMS and other vendor cat models as needed
  • Analyze how the distribution of results and relevant risk measures change as a result of application of various proposed reinsurance alternatives
  • Demonstrate an understanding of commercial lines property insurance including the application of complex policy terms and conditions
  • Assist in the review and refinement of the Velocity View Of Risk
  • Train and support the catastrophe analytics team when needed including the production and review of monthly portfolio results real time cat response reporting data quality and completeness monitoring etc.

Work Experience and Education:

  • Bachelors degree in a mathematical or similar related discipline (mathematics statistics actuarial science insurance or another related field highly preferred)
  • 5 years of cat modeling experience using Verisk Moodys RMS or other cat models

Technical / Functional Skills:

  • Data management experience including policy and exposure data warehousing
  • Intermediate / Advanced SQL skills particularly in querying cat modeling databases
  • Programming skills such as python (preferred)
  • Quantitative analytical skills problem solving skills
  • Intermediate knowledge of Microsoft Office products
  • An understanding of business / underwriting needs

Behavioral Skills:

  • Being a selfstarter; able to work independently and meet deadlines consistently
  • Troubleshooting able to work through problems and find solutions
  • Communication superb skills in writing and verbally communicating able to communicate for impact and clarity.
  • Organizational skills such as: time management adaptability problem solving and ability to prioritize tasks
  • High Attention to Detail focused and attentive to correct data and pinpointing any inaccurate information quickly and efficiently
  • Innovation Striving for new ideas (be that increased efficiencies/processes or new approaches to solve obstacles)
  • Confidentiality proven ability to maintain privacy and confidentiality to the highest degree possible
  • Strategic thinking focusing on longterm goals and business strategy in your daily deliveries
  • A team player; demonstrating a collaborative work style

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race creed color religious beliefs physical or mental capabilities gender identity or expressionsexual orientation and many other characteristics bring together varied perspectives and add value to the service we provide our clients trading partnersand policy extends to all aspects of our employment practices including but not limited to recruiting hiring discipline firing promoting transferring compensation benefits training leaves of absence and other terms conditions and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and bestinclass benefits package that helps them and their family members achieve their physical financial and emotional wellbeing goals. In addition to paid time off for company holidays vacation sick and personal days Ryan offers paid parental leave mental health services and more.

The target salary range for this position is $112000.00 $140000.00 annually.

The wage range for this role considers many factors such as training transferable skills work experience licensure and certification business needs and market demands. The pay range is subject to change and may be modified in the future. Fulltime roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards visit our website provide individuals with disabilities reasonable accommodations to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at

The above is intended to describe this jobs general requirements. It is not to be construed as an exhaustive statement of duties responsibilities or physical requirements. Nothing in this job description restricts managements right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.


Required Experience:

Unclear Seniority

Employment Type

Full-Time

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