Catastrophe Risk Associate

Howden Group Holdings; Edina (MN); On-site; USD 62,000 - 83,000; Full time

Job summary

Howden Re is seeking a catastrophe risk associate in Edina, MN to support portfolio management and reinsurance decision making. You will work with our broking team to provide strong modeling insights, technical analyses, and strategic risk management for client service excellence.

The role emphasizes understanding modeling results, optimizing analytic processes, and communicating complex ideas to diverse audiences while collaborating with colleagues and reinsurers.

Qualifications

• Bachelor's or advanced degree in Mathematics, Statistics, Computer Science, Economics, Finance or similar analytical major
• Senior graduating by June 2027
• Critical thinking and problem-solving skills
• Experience manipulating, cleaning, and analyzing data
• Able to handle multiple tasks and projects simultaneously in a deadline-driven environment
• Effective communicator, both verbal and written (PowerPoint and Word)
• Experience in data tools (including SQL, Python, VBA, etc) is a plus
• Legally authorized to work in the US

Responsibilities

• Providing strong technical and strategic catastrophe risk management and modeling support
• Providing deep understanding of catastrophe modeling results, assumptions and limitations with vendor and non-vendor models
• Improving analytical processes to achieve greater efficiency and better results for clients
• Establish strong relationships with colleagues, clients and reinsurers
• Communicate analytical ideas with multiple audiences

Skills

Data analysis

Data manipulation

Critical thinking

Communication

Education

Bachelor's or advanced degree in Mathematics, Statistics, Computer Science, Economics, Finance or similar analytical major

Tools

SQL

Python

VBA

Job description

About Role

Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service. About Role About Role Location: Edina, MN Compensation: $72,500/yr + bonus Howden Re is the global reinsurance broker and risk, capital, & strategic advisor focused on relentless innovation & superior analytics for top client service. The Howden Re decision support team (Modeling and Analytics) is unmatched in the industry in facilitating catastrophe reinsurance placements while also being integrally embedded within our clients' operations. Howden Re employs cutting edge technology in a collaborative environment; striving always to develop solutions and present ideas that align with our clients' core philosophy of profitable growth. As a catastrophe risk associate, you will work together with the Howden Re broking team to assist in portfolio management and reinsurance decision making.

Primary Responsibilities

Providing strong technical and strategic catastrophe risk management and modeling support Providing deep understanding of catastrophe modeling results, assumptions and limitations with vendor and non-vendor models Improving analytical processes to achieve greater efficiency and better results for clients Establish strong relationships with colleagues, clients and reinsurers Communicate analytical ideas with multiple audiences

Qualifications

Bachelor's or advanced degree in Mathematics, Statistics, Computer Science, Economics, Finance or similar analytical major Senior graduating by June 2027 Critical thinking and problem-solving skills Experience manipulating, cleaning, and analyzing data Able to handle multiple tasks and projects simultaneously in a deadline-driven environment Effective communicator, both verbal and written (PowerPoint and Word) Experience in data tools (including SQL, Python, VBA, etc) is a plus Legally authorized to work in the US

What we offer

A career that you define. We provide an environment where new ideas are encouraged and celebrated, where people who want to have a real hand in our success thrive. We want people who want to make a difference - not just in the workplace, but in the industry and in the wider community. Working at Howden Re: At Howden Re, we’re on a mission to do things differently. Our no silo approach, elite team, and clear focus on innovation and relentless execution means our clients are at the heart of all we do. As a big 4 global reinsurance broker, we deliberately avoid the one-size-fits-all approach, committing to creating bespoke solutions that address the unique challenges of a modern and dynamic marketplace. Our team is empowered to drive progress, creating opportunities for career and personal development, unlocking new value for clients, fostering long-term partnerships, and using the collective power of Howden to change how the world sees risk and insurance. When you join Howden Re, you become part of a vibrant and entrepreneurial workplace culture that prioritizes collaboration, ownership, and shared success. Here, your contributions will directly impact our mission to be the global partner of choice in reinsurance and strategic advisory. Be a part of Howden Re's exciting journey. Together, we are shaping the future of reinsurance.

EEO Statement

We consider our people our chief competitive advantage and as such we treat colleagues, candidates, clients, and business partners with equality, fairness, and respect. Howden North America provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Howden North America will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

#USRe2027 RESI2027 Howden began in 1994, as just three people and a dog. Now there are 23,000 of us, and we're a leading global insurance group, managing $37bn of premiums for our clients. Our largest shareholder group is us – the people who work in the business – supported by three long-term, minority growth-equity partners who share our vision to build a business to last, one that will never be sold. The owner's mindset is something that is embedded in our culture; our people readily take ownership of their decisions, their actions, and their outputs. They’re invested in every sense. And we all know that by working together to drive the business forward, everyone will benefit from the extraordinary results we can achieve.