Catastrophe Modeling Manager

5 days ago


Chicago, IL, United States QBE Americas, Inc. Full time
Primary DetailsTime Type: Full time Worker Type: Employee

Catastrophe Modeling Manager

The Opportunity

The purpose of this role is to implement catastrophe modeling services within area of responsibility by providing guidance on catastrophe exposure drivers and optimization, collaborating with stakeholders, developing tools to support various processes and providing modeling information to assist with risk management and decision-making surrounding business.

  • Location: New York City, NY; Atlanta, GA; Sun Prairie, WI; Chicago, IL

  • Work Arrangement: Hybrid (2-3 days in the office)

  • The salary range for this role is between dependent on location and experience:

    • New York City, NY - $127,500 - $191,500

    • Chicago, IL - $112,500 - $168,500

    • Atlanta, GA and Sun Prairie, WI - $102,000 - $153,000

Your new role

Primary Responsibilities

  • Forecast changes in catastrophe exposure and support underwriting leaders in all areas of the measurement and control of catastrophe risk

  • Develop and manage tools to support catastrophe modeling processes and assist with the pricing of individual accounts

  • Provide modeling information to support reporting, business channel roll up and Corporate reporting

  • Monitor adherence to capacity allocations against catastrophe modeling metrics

  • Assess gross and net losses from deterministic disaster scenarios

  • Provide subject matter expertise to underwriting leaders in forecasting changes in catastrophe exposure and support seniors in all areas of the measurement and control of catastrophe risk

  • Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs and properly accounting for expenses to meet requirements and achieve fiscal responsibility

Required Education

  • Bachelor's Degree or equivalent combination of education and work experience

Required Experience

  • 7 years relevant experience

  • Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems

  • Identify complex problems and review related information to develop and evaluate options and implement solutions

  • Apply business and financial acumen

  • Influence team to adopt recommendations

  • Adapt and be flexible in a complex changing environment

  • Choose a solution to a problem even in ambiguous or difficult situations

  • Clearly and confidently convey information to a wide audience

  • Keep an open-mind, consider unique approaches and be open to change and considerable variety in the workplace

  • Show drive and initiative

  • Establish a high degree of trust and credibility with others

Preferred Education Specifics

  • Degree in Mathematics, Applied Mathematics, Statistics, Operations Research, or Actuarial Science

Preferred Experience

  • Commercial insurance experience

  • catastrophe modeling experience

  • experience managing or leading others

Preferred Licenses/Certifications

  • Depending on area of support

  • Specific certification/s are preferred and may include one or more of the following: ^ Chartered Property Casualty Underwriter (CPCU) ^ Associate in Re-insurance (ARe) ^ Risk Management designation - Certified Catastrophe Risk Analyst (CCRA) ^ AIR Institute Certified Catastrophe Modeler (CCM)

Preferred Knowledge

  • Advanced knowledge with RMS and/or AIR catastrophe modeling software

  • Advanced knowledge of Microsoft Office

  • Advanced working knowledge of current and possible future policies, practices, trends, technology and information affecting his/her business and organization; knows how the business works

  • Advanced knowledge of SQL, ability to write production level stored procedures

  • Highly preferred knowledge in a programming language such as R and/or Python

Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate's professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.

QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:

  • Hybrid Working - a mix of working from home and in the office

  • 22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis

  • Competitive 401(k) program with company match up to 8%

  • Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice

  • Tuition Reimbursement for professional certifications, and continuing education

  • Employee Network and Community - QBE actively supports six Employee Networks, and many ways to give back to your community

To learn more, click here: Benefits | QBE US.

Why QBE? What if you could have a positive impact - at work and in the world?

At QBE, we're enabling a more resilient future - for our customers, communities, environment, and for our people. We're building momentum to achieve something significant and know our people are at the center of our success.

Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you'll get to spend every day working with people who are passionate, talented and kind. And our international scale means we're big enough for your ambitions, yet small enough for you to make a real impact.

Join us now, so you can be part of our success - and we can be part of yours

https://www.linkedin.com/company/qbe-north-america/

QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.

Equal Employment Opportunity:

QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.

This position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship.

Supplementary information

Skills:

Actuarial Science, Analytical Thinking, Business Planning, Catastrophe Risk Management, Communication, Critical Thinking, Financial Modeling, High Accuracy, Insurance Underwriting, Intentional collaboration, Managing performance, Programming Languages, Reporting and Analysis, Stakeholder Management, Team Development

How to Apply:

To submit your application, click "Apply" and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.



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