Accumulation Management Analyst (Senior or AVP Level)

Zurich North America; Philadelphia (Philadelphia County); On-site; USD 98,000 - 213,000; Full time

Job summary

A leading company in the insurance sector is looking for an Accumulation Management Analyst at Senior or AVP Level. This role involves assessing catastrophe risks, collaborating with business units, and developing frameworks for underwriting systems. Candidates should have extensive experience in underwriting and strong knowledge of catastrophe models.

Benefits

Comprehensive Benefits Package

Short-term Incentives

Qualifications

• 6+ years in Underwriting for Senior Level.
• 8+ years in Underwriting for AVP Level.

Responsibilities

• Monitor and maintain accumulation and catastrophe exposures.
• Collaborate with business units to optimize accumulations.
• Conduct hotspot reviews and manage Stack/Clash concerns.

Skills

Catastrophe Models

Insurance Financials

Data Handling

Communication

Education

Bachelor’s Degree

High School Diploma

Tools

CPCU Certification

Job description

Accumulation Management Analyst (Senior or AVP Level)

Join to apply for the Accumulation Management Analyst (Senior or AVP Level) role at Zurich North America.

Zurich North America is seeking an Accumulation Management Analyst (Senior or AVP Level) to deliver thought leadership and actionable insights regarding natural and man-made catastrophes. The role involves utilizing internal and external Cat Modeling capabilities to assess catastrophe and accumulation risk.

Responsibilities include:

1. Monitoring and maintaining accumulation, catastrophe, and other exposures within Zurich’s property portfolio.
2. Collaborating with Business units to optimize accumulations, including those from catastrophes.
3. Assisting in catastrophe planning, monitoring, and capacity allocation.
4. Conducting hotspot reviews, Manual Data Calls, and managing Stack/Clash concerns.
5. Developing frameworks for Next Generation Underwriting and Accumulation Systems/Tools as a subject matter expert.
6. Researching potential future impacts on accumulations from global changes.
7. Representing North America in Group discussions on accumulation concerns and priorities.
8. Modeling specific business segments using approved vendor and internal software models.

Qualifications:

Senior Level:

• Bachelor’s Degree + 6+ years in Underwriting OR
• High School Diploma + 8+ years in Underwriting

AVP Level:

• Bachelor’s Degree + 8+ years in Underwriting OR
• High School Diploma + 10+ years in Underwriting

Preferred Skills:

• Experience with catastrophe models and their outputs.
• Strong knowledge of insurance financials and pricing.
• Ability to handle large datasets.
• CPCU certification.
• Knowledge of lines of business and regulatory environments.
• Ability to multitask and communicate effectively.

At Zurich, compensation varies based on location, experience, and skills. The total salary range is $98,300 - $213,000, with specific ranges for Senior ($98,300 - $161,000) and AVP ($130,000 - $213,000). Short-term incentives are also available.

Zurich offers a comprehensive benefits package, fostering an inclusive environment supporting diversity, equity, and belonging. We are an equal opportunity employer and do not accept unsolicited resumes from search firms.