CAT Analyst

Brown & Brown, Inc.; San Diego (CA); On-site; USD 76,000 - 95,000; Full time

Job summary

An established industry player is seeking a Catastrophe Analyst to join their dynamic CAT management team. This role involves collaborating with experienced professionals to provide crucial modeling analytics and pricing support. You will work closely with business stakeholders to understand data needs, develop exposure standards, and assist in risk quantification. The ideal candidate will possess a strong analytical mindset and a passion for learning, thriving in a collaborative environment. This position offers a competitive salary and comprehensive benefits, making it an excellent opportunity for those looking to make a meaningful impact in the insurance sector.

Benefits

Medical Benefits

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401k

Tuition Reimbursement

Paid Time Off

Holidays

Preferred Partner Discounts

Qualifications

• Bachelor's degree required; graduate degree preferred in quantitative fields.
• Strong analytical and problem-solving skills are essential.

Responsibilities

• Work with stakeholders to understand data needs and establish exposure data practices.
• Assist in quantifying risk using vendor models and report results.

Skills

Analytical Skills

Problem-Solving Skills

Communication Skills

SQL

R

Python

Excel VBA

Education

Bachelor's Degree

Graduate Degree (Quantitative Focus)

Tools

Microsoft Office Suite

Power BI

RMS Models

GIS

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Arrowhead has a job opening for a Catastrophe (CAT) Analyst in the CAT management team. Under the direction of VP CAT management, this role will work along with experienced underwriters, actuaries, and data scientists to provide modeling analytics and pricing support for business within the US and internationally.

Primary Responsibilities

• Work with business stakeholders to understand data needs, incorporate view of risk into vendor models, and establish best exposure data practices

Coordinate with business units to establish consistent exposure standards and guidelines

• Prepare and validate exposure data module and model assumptions
• Archive and organize exposure in a central data repository
• Assist in quantifying risk using vendor / open-source models, interpret and report results, make recommendations to business stakeholders for informed risk decision-making

Model, interpret, and validate model output for portfolios or account submissions

• Monitor and report on CAT analytics, escalate potential issues and advise key stakeholders with recommendations
• Develop and maintain an exposure and reporting dashboard
• Provide support on product development / filing and major event response
• Help with model adoption and change management
• Research and answer modeling inquiries
• Contribute to the innovation and improvement of internal tools and best modeling practices
• Compile peril, catastrophe events, industry data / reports and share with key stakeholders

Desired Education and Competencies

• Bachelor's degree is required, a graduate degree with quantitative focus preferred (e.g., Engineering, Statistics, Operations Research, Actuarial Science)
• Strong analytical and problem-solving skills
• Open and enthusiastic in learning new knowledge, positive and can-do attitude
• Self-driven, detail-oriented, and able to prioritize and meet deadlines
• Excellent written, verbal, and presentation skills
• Comfortable working in a cross-functional, project-oriented team setting

Preferred Knowledge and Skills

• Proficiency in Microsoft Office suite, database, and programming skills (SQL, R, Python, Excel VBA); Shiny or Power BI development experience is a plus
• Working knowledge of statistics, insurance, mapping, and GIS
• Experience with RMS / AIR models and understanding of modeling framework is preferred
• CAT designations (CCRA, CEEM, CSCR), actuarial exams, CPCU exams are a strong plus

Location

Work location is in Arrowhead office in downtown San Diego, CA.

Pay Range

76,000 - $95,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and / or budget for the role.

We go beyond standard benefits, focusing on the total well-being of our teammates, including :

• Health Benefits : Medical / Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits : ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness : Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits : Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, "The Power to Be Yourself".