Reinsurance Modeling Analyst

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.