Senior Catastrophe Analyst
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Job Location:
Boston, NH - USA
Monthly Salary:
$ 85000 - 95000
Posted on:
20 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
Job Summary:
This third-level position holds primary responsibility for the catastrophe analysis of direct property portfolios specifically covering North America Insurance Programs and Global Markets business segments. The Senior Catastrophe Analyst will collaborate with department members to coordinate the daily collection cleansing and preparation of policy and location files utilized within Allied Worlds catastrophe modeling operations. A key aspect of this role is ensuring the consistent utilization of robust data quality controls. The ideal candidate must possess significant proven experience performing catastrophe analysis across all lines of insurance.
Key Duties and Responsibilities:
- Maintain control record information for all bound business (e.g. number of accounts Total Insured Value (TIV) number of locations) ensuring full reconciliation between the Allied World data warehouse and modeling exposure databases.
- Model accounts to produce exposure profiles Average Annual Loss (AAL) by location and Probable Maximum Loss (PML) / marginal impact analyses on an individual account basis.
- Perform rigorous quality assurance (QA) checks for all account Statements of Value (SOV).
- Track and report on exposures within high-hazard catastrophe areas.
- Assist various Allied World departments globally with their specific catastrophe analysis needs.
- Coordinate modeling data and requirements with external catastrophe analysts and brokers for reinsurance placements
- Assist in the production of formal exposure and loss data for various rating agency questionnaires.
- Build and maintain active and current exposure databases as needed for the North America Insurance portfolios.
- Interact effectively with underwriting to obtain complete and timely data.
- Interpret policy structures and accurately code policy and location information data.
- Respond promptly to global catastrophe events with exposure reports and modeled loss estimates.
- Manage various reporting responsibilities and special ad-hoc projects as communicated by senior staff.
- Examine and enhance existing Allied World proprietary applications
Compensation:
The below annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below he listed range and determined by a number of considerations including but now limited to complexity location and scope of the role along with experience skills education training and other conditions of employment. Base salary represents one compensation of Allied World comprehensive total reward package which may also include annual incentive compensation rewards.
The base salary range for this position is $85000 - $95000
Job Requirements:
Applicants should ideally possess the following qualifications and experience:
- Extensive high-degree of experience performing catastrophe analysis.
- Educational background in Computer Science Mathematics or a related quantitative field.
- 3 years of experience with SQL including creating complex scripts to extract data from databases.
- 3 years of Property & Casualty (P&C) insurance industry experience.
- 3 years of modeling experience utilizing industry-leading vendor software (Verisk preferable).
- Proficiency with Microsoft Office Suite particularly Excel.
- Exceptional attention to detail and accuracy.
Prohibited Work:
The individual in this role cannot: (i) participate in any pricing or underwriting decision-making and (ii) work with the claims department to estimate or adjust to the Allied World Services Company Guidelines for additional prohibited work details.
About Allied World:
Allied World Assurance Company Holdings Ltd through its subsidiaries is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients cedents and trading partners with thoughtful service and meaningful coverages since 2001.We are a subsidiary ofFairfax FinancialHoldings Limited and benefit from a strong capital base and a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.
Our generous benefits package includes Health Dental and Disability Insurance a company match 401k plan and Group Term Life Insurance.Allied World is an Equal Opportunity Employer.All qualified applicants will be considered for employment without consideration of any disability veteran status or any other characteristic protected by law. To learn more visit or follow us on Facebook at LinkedIn at Experience:
Senior IC
Key Skills
- Splunk
- IDS
- Microsoft Access
- SQL
- Cybersecurity
- Intelligence Experience
- Malware Analysis
- Tableau
- Analysis Skills
- SAS
- Data Analysis Skills
- Analytics
About Company
Allied World Assurance Company Holdings assures its clients that everything is well insured. In the US its insurance products include general property/casualty coverage as well as specialty products such as environmental, health care, and professional liability coverage targeted to sm ... View more
