CAT Modeling Analyst

Applied Underwriters; Omaha (NE); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Employer-paid medical/dental/vision保险

401(k) plan with company match

Paid time off & holidays

On-site pharmacy

Life and disability insurance

Employee Assistance Program

Pre-tax Flexible Spending Accounts

Tuition reimbursement

Fitness reimbursement

Job summary

Applied Underwriters, headquartered in Omaha, NE, seeks a CAT Modeling Analyst to manage catastrophe exposure data across lines of business and to apply policy conditions using catastrophe modeling software. The role emphasizes data cleansing, validation, and in-depth analysis of client exposure against various perils, with collaboration to integrate reinsurance structures.

The ideal candidate has property catastrophe modeling experience, strong analytical and technical skills, and can work both

Qualifications

• Bachelor’s degree in Math, Statistics, Actuarial Science, Data Analytics, or related field.
• Two or more years of property catastrophe modeling experience in the insurance or reinsurance industry.
• Experience modeling natural catastrophe perils and analyzing catastrophe model output.
• Insurance and/or reinsurance experience and an understanding of underwriting concepts.
• Working knowledge of SQL Server, Microsoft Excel, and catastrophe modeling software; Verisk Touchstone experience is preferred.
• Experience with Excel automation, VBA, or other scripting/programming tools.
• Casualty catastrophe modeling experience is a plus.

Responsibilities

• Manage and analyze catastrophe exposure data across lines of business.
• Cleansen, validate, and prepare CAT data; apply policy conditions.
• Model and quantify natural catastrophe risk with catastrophe modeling software.
• Collaborate with team members to incorporate reinsurance structures into modeling and exposure management.

Skills

Analytical skills

Data analysis

SQL knowledge

Education

Bachelor’s degree in Math/Stats/Actuarial/Data Analytics or related field

Tools

Verisk Touchstone

SQL Server

Excel

VBA

Job description

Embark on a rewarding career journey at Applied Underwriters, where employees have been at the heart of our success story for more than 30 years. Headquartered in Omaha, NE, our company thrives on innovation and empowers our employees to shape the future of global risk services. Join a team where your ideas are valued and your talents are nurtured with formal, paid training and mentorship. Experience a workplace culture that celebrates initiative, recognizes results, and provides outstanding benefits that allow you to focus on achieving your full potential.

The CAT Modeling Analyst’s primary role is to manage and analyze catastrophe exposure data across various lines of business. Responsibilities include understanding, cleansing, validating, and preparing CAT exposure data, applying insurance and reinsurance policy conditions, and conducting in-depth analysis of client exposure data against different perils. The CAT Modeling Analyst will utilize catastrophe modeling software to model and quantify natural catastrophe risk. Additionally, the analyst will collaborate with team members to incorporate reinsurance structures into modeling and exposure management, ensuring comprehensive risk assessment and management. The ideal candidate will have prior property catastrophe modeling experience, strong analytical and technical skills, and the ability to work both independently and collaboratively. Experience with casualty catastrophe modeling is a plus.

Requirements

• Bachelor’s degree in Math, Statistics, Actuarial Science, Data Analytics, or a related field.
• Two or more years of property catastrophe modeling experience in the insurance or reinsurance industry.
• Experience modeling natural catastrophe perils and analyzing catastrophe model output.
• Insurance and/or reinsurance experience and an understanding of underwriting concepts.
• Working knowledge of SQL Server, Microsoft Excel, and catastrophe modeling software; Verisk Touchstone experience is preferred.
• Experience with Excel automation, VBA, or other scripting/programming tools.
• Casualty catastrophe modeling experience is a plus.

Our Benefits Include

• 100% employer-paid medical, dental, and vision insurance for employees.
• 401(k) plan with 100% immediate vesting and a 4% company match.
• Paid time off (PTO) and paid holidays.
• On-site pharmacy, Promesa, provides convenient prescription delivery directly to you.
• Life, disability, critical illness and accident insurance.
• Employee Assistance Program (EAP).
• Pre-tax Flexible Spending Accounts for health, dependent care, and commuter-related expenses.
• Tuition reimbursement.
• Fitness reimbursement and various additional quality-of-life benefits.

Applied Underwriters is a global risk services firm helping business and people manage uncertainty through its business services, insurance, and reinsurance solutions. As a company, we truly operate differently within our business sector. Applied Underwriters has one of the highest customer retention rates in the industry - a success directly attributed to our employees and their high level of commitment, hard work, and ambition.