Senior Cat Modeling Analyst

PartnerRe; Toronto; On-site; CAD 100,000 - 120,000; Full time

Job summary

A global reinsurer in Toronto is seeking a Senior Cat Modeling Analyst to provide high-quality catastrophe risk modeling and analysis for Underwriting, Actuarial, and Risk Management departments. Candidates should have over 5 years of experience in catastrophe modeling, strong analytical skills, and a degree in a quantitative field. The role involves leading projects, training junior staff, and supporting data analysis to enhance operational efficiency. Competitive salary range of CAD $100,000 - $120,000 offered.

Qualifications

• 5+ years’ experience with catastrophe modeling and insurance/reinsurance.

Responsibilities

• Perform catastrophe risk modeling to support Underwriting.
• Analyze exposure data and perform quality checks.
• Lead internal projects in cat modeling.
• Provide training to junior staff.

Skills

Strong analytical skills

Experience with RMS/Moody’s models

Knowledge of SQL

Understanding of cat model methodologies

Ability to work with large data sets

Knowledge of probability and statistics

Skilled in Microsoft Office

Programming ability in R or Python

Good communication skills

Strong problem-solving ability

Strong interpersonal skills

Education

College degree in a quantitative field

Job description

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.

Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:

Shape your own career

Grow in a supportive environment

Connect with a community of experts

Make an impact

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Compensation

The salary range for this role is CAD $100,000 -120,000

Job Summary

Senior role in cat modelling team, with responsibility to perform timely, efficient, and high-quality cat modelling support to Underwriting, including transactional and portfolio analyses, exposure management, and post-event cat loss estimation.

About The Role

The core responsibility of the role is to perform timely, efficient, and high-quality catastrophe risk modeling to support the Underwriting, Actuarial, and Risk Management departments. Responsibilities include:

• Analysis of exposure data provided as input to the risk analyses, including data quality assessment (consistency and plausibility checks), data augmentation and data management.
• Processing of exposure data as needed to prepare the information for catastrophe modeling and reporting.
• Perform catastrophe risk analyses of reinsurance programs, including complex cases, review and verify results, and prepare the necessary reporting. Communicate and explain results to users of the information.
• Responsible for periodic catastrophe portfolio roll-ups for use in internal and external reporting, and post-event loss estimation.
• Lead internal projects in cat modeling and support the development of PartnerRe’s internal view of risk, including testing, sensitivity analyses and impact studies. Take ownership of selected cat modeling tools.
• Contribute to the maintenance of PartnerRe’s catastrophe modeling landscape and drive projects to further improve its efficiency, including maintenance and development of internal software tools.
• Provide training and guidance to junior staff.

Qualifications

• Strong analytical skills.
• Experience in application of RMS/Moody’s cat models to analyze complex insurance/reinsurance programs.
• Knowledge of SQL and ability to perform queries to analyze exposure and results information from RMS/Moody’s back-end tables.
• Good understanding of cat model methodologies and ability to examine and critically evaluate model assumptions.
• Ability to work with large data sets, analyze, process, visualize and communicate quantitative information.
• Knowledge of probability and statistics.
• Skilled in use of Microsoft Office products, including Excel, Word and PowerPoint.
• Programming ability in R, Python or other.
• Ability to work independently, and lead complex projects to successful completion effectively and efficiently.
• Good communication skills, with the ability to present complex technical subjects to varied audiences.
• Ability to prioritize and organize tasks under time and resource constraints.
• Strong interpersonal skills and ability to collaborate effectively with both local and remote team members.
• Creative, results oriented, strong problem-solving ability, self-driven.

Work Experience

• 5+ years’ experience with catastrophe modeling and insurance / reinsurance.

Education

• College degree in a quantitative field, such as natural science, engineering, or mathematics.

Additional Information

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.