Catastrophe Modeling Manager

MSIG USA; Cincinnati (OH); On-site; USD 80,000 - 110,000; Full time

Job summary

A global insurance provider is seeking a Catastrophe Modeling Manager in Cincinnati, Ohio. The role involves managing catastrophe data for property lines, conducting event modeling, and overseeing a small team. Proficiency in AIR and communication skills are essential. Join a financially strong organization that values diversity and promotes continuous learning.

Qualifications

• Proficiency with AIR Catastrophe Modeling and related tools is essential.
• Strong communication skills and ability to work with diverse teams.
• Prior supervisory or management experience preferred.

Responsibilities

• Manage collection, analysis, and quality control of property data.
• Conduct real-time event modeling using appropriate tools.
• Support field underwriters in catastrophe modeling issues.

Skills

AIR Catastrophe Modeling

Communication Skills

Excel

Team Collaboration

Education

Bachelor's degree preferred

Tools

Touchstone

Alert

Geospatial Module

Outlook

Job description

Join to apply for the Catastrophe Modeling Manager role at MSIG USA

Company Overview

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA offers commercial insurance solutions tailored to your business’s unique risks.

Summary/Job Purpose

Manage collection, analysis, administration, and quality control of the company’s property data for first-party lines of business. Support analysis and quality control efforts for property aggregations and PML calculations. Handle portfolio-level activities for MSMM, including report generation and collaboration with AIR for data files and portfolio analysis. Complete analysis related to portfolio profitability and trends.

Essential Functions

1. Handle portfolio activities for MSMM, including report generation and collaboration with AIR.
2. Conduct real-time event modeling using Alert and AIR’s Geospatial Module.
3. Create ad hoc reports on aggregation risk, departmental profiles, and return period numbers.
4. Manage catastrophe control protocols and assist management with treaty placement by analyzing exposures and losses.
5. Identify and track aggregate catastrophic exposures to prevent undue loss potential.
6. Maintain and review property catastrophe data quality through regular file reviews and checklists.
7. Monitor underwriting data and collaborate with IT and underwriting management for analysis.
8. Support field underwriters in catastrophe modeling issues.
9. Preen quarterly PML and portfolio reviews for senior management.
10. Work with vendors, underwriting, reinsurance, and management to develop best practices for data quality.
11. Assist in creating and delivering internal/external training on catastrophe management.

Supervisory Responsibilities

Manage a team of 2-3 Catastrophe Modeling staff.

Qualifications

• Proficiency with AIR Catastrophe Modeling, Touchstone, Alert, Geospatial Module, etc.
• CEEM certification is a plus.
• Proficiency with Excel, Word, Outlook, and UM.
• Strong communication skills and ability to work with diverse teams.
• Bachelor's degree preferred.
• Prior supervisory or management experience preferred.

It is an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!

MSIG USA is committed to equal employment opportunity and provides reasonable accommodations for qualified individuals with disabilities.

Additional Details

• Seniority level: Entry level
• Employment type: Full-time
• Job function: Finance and Sales
• Industries: Insurance