Catastrophe Risk Specialist

Wawanesa; Winnipeg; On-site; CAD 85,000 - 115,000; Full time

Job summary

Wawanesa is seeking a Catastrophe Risk Analyst responsible for analytics and modeling within their Catastrophe Risk Management team. This role requires proficiency in catastrophe modeling software and a strong analytical background.

The salary range for this position is estimated between $85,000 and $115,000. Candidates from diverse backgrounds are encouraged to apply, and accommodations can be requested during the recruitment process.

Qualifications

• 3+ years of experience in a catastrophe modeling role.
• Experience in insurance and risk management is an asset.
• Certification in catastrophe modeling or actuarial exams is an asset.

Responsibilities

• Develop and calibrate catastrophe perils using industry-standard software.
• Analyze historical data and scientific research for model accuracy.
• Collaborate with various teams to manage exposure accumulations.
• Communicate findings and recommendations to stakeholders.

Skills

Catastrophe modeling software proficiency

Data manipulation and modeling programming (R, SQL)

Strong analytical skills

Excellent communication skills

Education

Bachelor’s degree in a related field

Tools

RMS

AIR Verisk

Job description

Job Overview

Reporting to the Manager, Catastrophe Risk, this role is responsible for analytics and modeling capabilities within our Catastrophe Risk Management team. This includes data extraction and manipulation for the purpose of modeling, reporting, and exposure accumulation. The role will collaborate with various pricing and underwriting teams to assist in the implementation of catastrophe models and monitoring of exposure accumulations.

Job Responsibilities

• Develop and calibrate catastrophe perils using industry-standard software (e.g., RMS, VERISK, etc.).
• Analyze historical data, scientific research, and insurance claims to enhance model accuracy.
• Collaborate with actuaries, underwriters, and analysts to understand risk exposures, and manage exposure accumulations.
• Interpret model outputs and assumptions from multiple models to help form a view of risk.
• Coordinate with risk management partners the independent review of model performance, documentation, and validation.
• Conduct sensitivity analysis and scenario testing to evaluate the impact of different variables on risk assessments.
• Proactively share knowledge in catastrophe-related areas, create learning experiences and foster teamwork and cross‑functional collaboration.
• Communicate findings and recommendations to stakeholders through reports, presentations, and technical documentation.
• Stay updated with industry advancements, regulatory requirements, and best practices in catastrophe modeling.

Qualifications

• Bachelor’s degree in mathematics, statistics, actuarial science, atmospheric science, geospatial science or related field.
• 3+ years' experience in a catastrophe modelling role using one or both of RMS and AIR Verisk.
• Proficiency in catastrophe modeling software, programming languages such as R, SQL, or similar for data manipulation and modeling.
• Strong analytical skills with a deep understanding of risk assessment and modeling techniques.
• Excellent communication and presentation skills, with the ability to translate complex technical concepts to non-technical stakeholders.
• Experience in insurance, reinsurance, catastrophe model development, catastrophe risk pricing or risk management is an asset.
• Certification or coursework in catastrophe modeling, risk management (e.g., CPCU, ARe) or actuarial exams is an asset.

Salary

At Wawanesa, salary is only one component of a holistic, comprehensive and competitive offering that we provide to our employees. Candidates with salary expectations outside of the range are still encouraged to apply. The salary offered for this role is estimated to be within the following range: $85,000 - $115,000.

EEO & Diversity

At Wawanesa, we are committed to Diversity, Equity, Inclusion and Belonging (DEIB) and believe that our strength lies in the diversity of our people – this is supported by having a representative workforce.

We welcome applications from all qualified candidates, including racialized persons, women, Indigenous Peoples, persons with disabilities, members of the 2SLGBTQIA+ community, gender‑diverse and neurodiverse individuals, and anyone who can contribute to the further diversification of thought and ideas.

We aim to ensure our recruitment process is accessible to all candidates. If you require accommodations during any stage of the recruitment process, please reach out in confidence to [e-mail].

Please note that the recruitment process for this position may involve the use of AI tools to screen, assess, or select applicants. All final decisions are taken or reviewed by human recruiters and human hiring leaders in compliance with all applicable legislation.