Senior Catastrophe Analyst

Company: W.R. Berkley Corporation
Location: Greenwich
Posted on: January 21, 2023

Job Description:

Company Details

Berkley is among the largest commercial lines writers in North America and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance.

We have the expertise and resources to utilize our strengths in the present environment, and the flexibility to anticipate, innovate and respond to whatever opportunities and challenges the future may hold.

The Berkley Enterprise Risk Management (ERM) team comprises catastrophe and ERM professionals responsible for identifying potential risks to Berkley, collating and analyzing data related to those risks, and reporting on risk-related matters.

Responsibilities

The Senior Catastrophe Modeling Analyst will be part of team that has expertise in natural hazards, catastrophe risk, and insurance risk modeling. This is an opportunity for a candidate with up to 10 years of catastrophe modeling experience.

The primary functions of the role include:

* Modeling US natural perils and terrorism accumulations for property and workers' compensation business lines for several of the Group's operating companies--- Communicating modeling results with the operating companies, and assisting them in fully utilizing these results in their pricing and exposure management --- Maintain regular communication with the operating companies to understand business needs--- Contribute and provide data and information to support rating agency returns and reinsurance placements--- Become active participant in catastrophe management team by sharing knowledge, expertise, and information--- Collating and reporting on catastrophe aggregations--- Assisting with corporate reporting on catastrophe modeling--- Assisting in the development of broad exposure-based models to estimate potential natural peril losses in business lines that do not fit within the commercial cat models--- Developing and implementing reporting and data solutions using SQL Server--- Participating in the design of operations and procedures to improve Catastrophe Modeling process--- In-depth validation of vendor catastrophe models including evaluation of new model releases--- Assist in Group assessment of potentially exposed policies during "live" catastrophe events

This challenging and rewarding role involves a high level of interaction with our operating companies, providing catastrophe modeling and analysis through the entire modeling cycle.

Qualifications

Technical Skills Required

* Bachelor's degree or higher in STEMA or other relevant degree--- Beginner SQL skills required; Intermediate to Advanced SQL skills preferred. --- Skilled in Microsoft Excel; VBA programming experience preferred--- Python and/or Power BI a plus--- Adept at analyzing and reporting off of large relational databases--- Good understanding of insurance and / or reinsurance--- Strong mathematical and statistical skills--- Advanced working knowledge of catastrophe modeling techniques

Personal Qualities

* Enthusiastic, proactive and inquiring personality--- Strong organizational skills including the ability to manage multiple assignments, work well with minimal supervision, and meet deadlines--- Strong verbal and written communication skills - must be able to express cat modeling concepts in a way that can be understood by a wide range of insurance and reinsurance practitioners--- Interested in participating in a range of projects, some of which will not be "traditional" cat modeling in nature

Additional Company Details

COVID-19 vaccine required unless prohibited by law.

Additional Requirements

The Company is an equal employment opportunity employer. Responsibilities The Senior Catastrophe Modeling Analyst will be part of team that has expertise in natural hazards, catastrophe risk, and insurance risk modeling. This is an opportunity for a candidate with up to 10 years of catastrophe modeling experience. The primary functions of the role include: --- Modeling US natural perils and terrorism accumulations for property and workers' compensation business lines for several of the Group's operating companies --- Communicating modeling results with the operating companies, and assisting them in fully utilizing these results in their pricing and exposure management --- Maintain regular communication with the operating companies to understand business needs --- Contribute and provide data and information to support rating agency returns and reinsurance placements --- Become active participant in catastrophe management team by sharing knowledge, expertise, and information --- Collating and reporting on catastrophe aggregations --- Assisting with corporate reporting on catastrophe modeling --- Assisting in the development of broad exposure-based models to estimate potential natural peril losses in business lines that do not fit within the commercial cat models --- Developing and implementing reporting and data solutions using SQL Server --- Participating in the design of operations and procedures to improve Catastrophe Modeling process --- In-depth validation of vendor catastrophe models including evaluation of new model releases --- Assist in Group assessment of potentially exposed policies during "live" catastrophe events This challenging and rewarding role involves a high level of interaction with our operating companies, providing catastrophe modeling and analysis through the entire modeling cycle.

Keywords: W.R. Berkley Corporation, Greenwich , Senior Catastrophe Analyst, Professions , Greenwich, Connecticut