4 Cat Modeling Jobs

3 -6 years of relevant experience as analysts for a computational analytics company or catastrophe modeling Thorough understanding and hands on experience with relational databases such as MS-SQL, with ability to mentor and train others Experience with large data sets analysis and manipulation Experience with statistical, mathematical software packages like R/Python; or generally with analytical software; Good working knowledge in MS Excel; Ability to process geo-spatial data using the standard GIS software, such as QGIS, ArcGIS, etc.Ability to identify patterns and make thorough observations out of numerical data sets and draw mathematical relationships out of it Experience with designing and /or validating numerical probabilistic models in engineering, science, catastrophe modeling, finance, actuarial science, etc. Programming skills to include numerical, scientific and databases programming Proven analytical and problem-solving quantitative abilities Excellent attention to detail and experience working in distributed and global teams with diverse cultural backgrounds Superior verbal and written communication skills, to interface with cross-functional teams that are talented, culturally diverse, global and widely varying technical skill sets Knowledge of product development life cycles to ensure the critical role of quality assurance teams Logical and clear thinker having made sound process driven decisions Multitasking ability with focus on accuracy and efficiency.

Job Description : The CAT Modeling Analyst is responsible for analyzing and assessing the potential impact of natural and man-made catastrophes on an organizations portfolio. This role involves using sophisticated modeling software to predict the financial impact of events such as hurricanes, earthquakes, floods, and terrorism. The analyst will work closely with underwriters, actuaries, and risk managers to provide insights that inform decision-making and risk management strategies. Key Responsibilities: Modeling and Analysis: Utilize catastrophe modeling software (e.g., RMS, AIR) to assess the potential impact of various catastrophic events. Run and interpret model results to estimate potential losses and financial impacts. Perform sensitivity analyses to understand the impact of different variables on model outcomes. Data Management: Collect, clean, and manage large datasets related to exposure, claims, and other relevant information. Ensure data accuracy and integrity for use in modeling and analysis. Develop and maintain databases and tools to support catastrophe modeling activities. Reporting and Communication: Prepare detailed reports and presentations summarizing model results and their implications. Communicate complex modeling concepts and results to non-technical stakeholders, including senior management. Provide insights and recommendations based on model outputs to support risk management and underwriting decisions. Collaboration: Work closely with underwriters, actuaries, and risk managers to integrate catastrophe modeling into broader risk assessment and management processes. Collaborate with IT and data teams to enhance modeling capabilities and data infrastructure. Participate in cross-functional projects and initiatives related to risk management and business strategy. Continuous Improvement: Stay updated on the latest developments in catastrophe modeling techniques, software, and industry trends. Identify opportunities to improve modeling processes, accuracy, and efficiency. Contribute to the development and refinement of internal modeling tools and methodologies. Experience: 5+ years of experience in catastrophe modeling, risk analysis, or a related field. Proficiency in using catastrophe modeling software (e.g., RMS, AIR). Strong analytical and quantitative skills with experience in data analysis and statistical modeling.

DISCOVER your opportunity AXA XL is looking for talented individuals to support our business across all product lines and geographies. This is an exciting opportunity to be part of a dynamic, global business. DISCOVER your opportunity What will your essential responsibilities include? Gather and interpret information from clients, brokers, and underwriters. Work with our customers to understand exposures, review modeling results, explain modeling limitations and resolve issues promptly. Model catastrophe reinsurance structures and strategies using primarily RMS (Risk Browser & Risk Link) and other vendors to support actuarial/underwriting functions primarily serving Facultative Reinsurance lines. Assess the data quality and make necessary assumptions for modeling. Create reports for client exposure and modeled losses. Support our other reinsurance groups, analyzing both individual risk and portfolio level risk where required. Collate data for various business units to prepare for Fac portfolio aggregation, apply or update policy terms based on endorsement or slips. Preparing the monthly\quarterly aggregation reports, building out in-force portfolios and providing the corresponding loss distributions by peril/region. Support projects that improve our function such as model validation, tool development, and data mining. Develop processes & scripts to facilitate data transfers and optimize risk calculations. Perform other job-related duties as assigned. You will report to Senior Specialist, Reinsurance Pricing. SHARE your talent SHARE your talent Were looking for someone who has these abilities and skills: Required Skills and Abilities: Relevant years of experience in a cat modeling role. Experience with RMS products, especially RiskLink & Risk browser is necessary. AIR products experience preferred, but not required. Undergraduate-level knowledge of statistical and mathematical concepts required. Excellent computer skills for using Microsoft Office (Excel, Access), SQL, and VBA. Should be deadline driven and have ability to work under pressure. Good analytical, interpersonal, communication and organizational skills. Desired Skills and Abilities: Understanding of reinsurance terms and conditions preferred but not required. Ability to work with large amount of data, complex instructions, multiple exceptions, and layered categorizations.

WNS is hiring CAT Modeling professionals for a global reinsurance client across below mentioned skill-mix. Kindly refer to the job description mentioned against the desired skill-mix. 1. Portfolio Modeling 2. Data Cleansing 3. Model Validation 4. Technical Solution (SQL Query) JOB DESCRIPTIONS: 1. Portfolio Modeling Good understanding Cat Modeling process and workflows Run vendor catastrophe modeling platforms (primarily RMS, AIR, Elements) for insureds and perform portfolio risk analyses. Working knowledge of RMS model scope across worldwide peril-regions regarding sub-perils, amplification, etc. along with basic understanding of cat-modelling four-box principle concerning exposure, hazard, vulnerability modules and translation of insurance and (re)insurance financial terms through coding in RMS and SQL. Assist clients in the understanding of catastrophe risk of individual insured through analytics based on catastrophe model results. Provide analytical support to catastrophe modeling team operations by sharing knowledge and information Develop processes and scripts for process improvements Provide timely and frequent feedback to team members. Preparing MIS reports Training and mentoring of team members inducted in the pricing process. Assisting in monthly post bind and portfolio rollup activities. Ensure all SLAs are met Communication with onshore SPOCs at regular intervals. 2. Data Cleansing: Understanding and preparing exposure data for multiple lines of business. Working on complex and large datasets using MS-Excel. Data cleansing and analysis of COPE information (Construction, Occupancy, Protection and Exposure) and secondary modifiers. Validating exposure data against set guidelines. Prepare import files for RMS modelling platform. Geo-Coding the exposure data using Risk Link. Modelling accounts in RMS/AIR platforms, prepare results and provide modelling insights, Ensure timely completion of all deliverables.Preferred Skills/Knowledge Knowledge of Insurance and Cat Modelling Knowledge of RMS RiskLink Good working knowledge of MS-Office Word, Excel and Access Working knowledge of SQL and Python is preferred Excellent communication skills 3. Model Validation: : Perform model validation and provide recommendations on model use and/or required adjustments. Work with internal teams and external data providers on analysis, utilising available data including scientific information, claims and insured exposure Contribute to and lead Group projects as required, liaising with other teams globally. Produce customised reports on exposure and modelled results. Evaluate re/insurance pricing for individual accounts and product classes. Analyse catastrophe reinsurance structures and strategies to support reinsurance placements. Assist with the analysis of real time events and identify learnings from post-event reviews. Strong analytical and numerical ability, in order to interrogate large datasets Experience of working with re/insurance catastrophe data and/or catastrophe modelling software Excellent written and verbal communication skills, and the ability to explain technical concepts clearly Intermediate/Advanced Excel skills Pro-active attitude to identifying inefficient processes and developing improvements Desirable Requirements Knowledge of commercial insurance and/or the catastrophe modelling industry Sound working knowledge of RMS/AIR and any other vendor modelling platforms Coding experience in a relevant language (e.g. SQL, VBA, R, C#) Experience in using mapping software (e.g. GIS) 4. Technical Solution (SQL query): Catastrophe Modelling Analyst in the Accumulation Management department, working with the Technical Solutions team The Technical Solutions team is focused on developing customized in-house tools and databases for the Accumulation Management team, to streamline processes and organize data in an efficient manner Technical role with large potential for growth in responsibilities Develop an understanding of existing Catastrophe Modelling processes, licensed software, and the various in-house tools used to automate processes Maintain existing Accumulation Management tools. Debug errors in the code when users experience issues Assist users with technical questions. Explain how tools work and deliver training sessions when required Test new functionality prior to launch to ensure that tools are working as intended Support team to design and develop new tools to automate processes. Update user guides when needed Work with colleagues around the globe on ad-hoc projects Qualifications Bachelors Degree in Mathematics/ Applied Mathematics/ Statistics/ Operations Research/ Actuarial Science.