Long-Tail Catastrophe Modelling Specialist

Allianz Commercial; Chicago (IL); Hybrid; USD 130,000 - 170,000; Full time

Benefits offered by this job

Annual performance-based cash incentive awards

Job summary

Allianz Commercial is seeking a Long Tail CAT Expert based in Chicago, IL. In this role, you will manage and enhance catastrophe modeling strategies, working closely with various teams across North America. Ideal candidates will have a minimum of 3 years in Liability/Casualty CAT modeling and strong proficiency in software such as Verisk Arium and Power BI. The compensation package includes a salary range of $130,000 to $170,000 annually, depending on experience and qualifications.

Qualifications

• Minimum of 3 years of experience in Liability/Casualty long tail CAT modelling management.
• Requires Verisk Arium experience.
• Experience with insurance/reinsurance catastrophe modelling software is necessary.
• Strong knowledge of critical insurer financials, pricing, and reserving.
• Experience with project management and change management.

Responsibilities

• Manage long tail CAT modeling, creating local models, and developing data pipelines.
• Develop North America Nat Cat Capacity Management strategy for long tail accumulations.
• Drive innovation related to modeling upgrades.
• Collaborate across LoBs and coordinate with senior management for project tasks.
• Enable technical integration of model results within internal analytics.

Skills

Liability/Casualty long tail CAT modelling management

Verisk Arium

Insurance/reinsurance software

Project management

Artificial intelligence and machine learning

Education

Degree in Mathematics, Actuarial, Finance or Engineering or Geosciences

Tools

Databricks

Power BI

GIS applications

Job description

Allianz Commercial is seeking a Long Tail CAT Expert based in Chicago, IL. In this role, you will manage and enhance catastrophe modeling strategies, working closely with various teams across North America. Ideal candidates will have a minimum of 3 years in Liability/Casualty CAT modeling and strong proficiency in software such as Verisk Arium and Power BI. The compensation package includes a salary range of $130,000 to $170,000 annually, depending on experience and qualifications.