Reinsurance Treaty Catastrophe Modeler

One80 Intermediaries Inc.; Northern (KY); Hybrid; USD 170,000 - 190,000; Full time

Benefits offered by this job

Health benefits

401k

Student loan assistance

Tuition reimbursement

Mental health services

Paid time off

Holiday discounts

Job summary

One80 Intermediaries Inc. in the United States seeks an experienced Reinsurance Treaty Catastrophe Modeler to join our team.

You will analyze and model treaty structures, run catastrophe models, and support underwriting decisions. You should have a quantitative degree and at least five years in catastrophe modeling, with proficiency in Verisk Touchstone, Touchstone Re, RMS RiskLink, CoreLogic RQE, and SQL/R/Python.

Qualifications

• Bachelor's or Master's in a quantitative field (Actuarial Science, Math, Stats, Engineering).
• 5+ years in catastrophe modeling within reinsurance.
• Proficiency with major catastrophe modeling platforms (Verisk Touchstone, RMS RiskLink, CoreLogic RQE).
• Strong grasp of reinsurance principles, treaty structures, and underwriting practices.
• Statistical knowledge including distributions, return periods, EVT.
• Experience with SQL, R, Python for data manipulation.
• Excellent analytical and communication skills; able to work independently or in a team.
• Experience with stochastic tools (MetaRisk or ReMetrica) desired; scripting a plus.
• Database management experience a plus.

Responsibilities

• Treaty analysis and modeling of proportional, non-proportional, and retrocessional treaties.
• Prepare and validate exposure data for catastrophe models.
• Run models, interpret results, identify key risk drivers.
• Contribute to portfolio risk assessments for underwriters and management.
• Develop scenarios to assess event impacts and exposure changes.
• Participate in model validation and development, parameterization, calibration.
• Prepare clear reports and communicate findings to stakeholders.
• Collaborate with underwriters, actuaries and other departments.
• Stay current on modeling techniques and emerging catastrophe risks.

Skills

Analytical thinking

Communication skills

Team collaboration

Education

Bachelor's or Master's in a quantitative field

Tools

Verisk Touchstone

RMS RiskLink

CoreLogic RQE

SQL

R

Python

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.We are seeking a highly motivated and experienced **Reinsurance Treaty Catastrophe Modele**r to join our growing team!The successful candidate will be responsible for utilizing catastrophe models to accurately assess and quantify the risk and profitability of the Property Cat reinsurance portfolio. You will participate in the reinsurance placement and renewal process and partner closely with the actuarial pricing team, providing crucial insights to support underwriting and management decision-making. This role requires a strong understanding of reinsurance principles, catastrophe modeling software, and statistical analysis.**How You Will Contribute:*** **Treaty Analysis:** Analyze and model complex reinsurance treaties (e.g., proportional, non-proportional, retrocessional) using industry-standard catastrophe models (e.g., Verisk Touchstone/Touchstone Re, RMS RiskLink, CoreLogic).* **Data Preparation & Validation:** Prepare, validate, and quality-assure exposure data for input into catastrophe models, ensuring accuracy and completeness.* **Model Execution & Interpretation:** Execute catastrophe models, interpret results (e.g., exceedance probability curves, average annual loss, return periods), and identify key risk drivers.* **Portfolio Management:** Contribute to the management of the reinsurance portfolio by providing risk assessments and insights to underwriters.* **Scenario Development:** Develop and analyze custom scenarios to assess potential impacts of specific events or changes in exposure.* **Model Validation & Development:** Participate in the validation and enhancement of catastrophe models, including model parameterization and calibration.* **Reporting & Communication:** Prepare clear and concise reports summarizing model results and communicate findings to underwriters, management, and other stakeholders.* **Collaboration:** Collaborate with underwriters, actuaries, and other departments to provide comprehensive risk assessments.* **Research & Development:** Stay abreast of industry trends, new modeling techniques, and emerging risks. Participate in projects to help shape and define the company's view of risk for natural catastrophe perils.**Qualifications:*** Bachelor's or Master's degree in a quantitative field such as Actuarial Science, Mathematics, Statistics, Engineering, or a related discipline.* Minimum of 5 years of experience in catastrophe modeling, specifically within the reinsurance industry.* Proficiency in using at least one major catastrophe modeling platform (Verisk Touchstone, RMS RiskLink, CoreLogic RQE).* Strong understanding of reinsurance principles, treaty structures, and underwriting practices.* Solid understanding of statistical concepts, including probability distributions, return periods, and extreme value theory.* Experience with data manipulation and analysis using software such as SQL, R, or Python.* Excellent analytical, problem-solving, and communication skills (both written and verbal).* Ability to work independently and as part of a team.* Experience with stochastic modeling tools such as MetaRisk or ReMetrica desired.* Experience with scripting or programming languages (e.g., Python, VBA) is a plus.* Experience with database management is a plus.**Pay Range**$170,000 - $190,000 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.***Teammate Benefits & Total Well-Being**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.*