Reinsurance Treaty Catastrophe Modeler

Arrowhead Programs; Northern (KY); Hybrid; USD 170,000 - 190,000; Full time

Benefits offered by this job

Health benefits

401(k)

Paid time off

Mental health resources

Tuition reimbursement

Job summary

Arrowhead Programs is seeking a highly motivated Reinsurance Treaty Catastrophe Modeler in the United States, Kentucky area. You will analyze complex treaties using industry-standard catastrophe models, prepare exposure data, run models, interpret results, and provide risk insights to underwriters and management.

You will collaborate with actuaries and other teams, develop scenario analyses, validate models, and communicate findings clearly.

Qualifications

• Bachelor's or Master's degree in a quantitative field such as Actuarial Science, Mathematics, Statistics, Engineering, or 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.

Responsibilities

• 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 RQE).
• Prepare, validate, and quality-assure exposure data for input into catastrophe models, ensuring accuracy and completeness.
• Execute catastrophe models, interpret results (e.g., exceedance probability curves, average annual loss, return periods), and identify key risk drivers.
• Contribute to the management of the reinsurance portfolio by providing risk assessments and insights to underwriters.
• Develop and analyze custom scenarios to assess potential impacts of specific events or changes in exposure.
• Participate in the validation and enhancement of catastrophe models, including model parameterization and calibration.
• Prepare clear and concise reports summarizing model results and communicate findings to underwriters, management, and other stakeholders.
• Collaborate with underwriters, actuaries, and other departments to provide comprehensive risk assessments.
• 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.

Skills

Catastrophe modeling

Reinsurance principles

Data analysis

SQL

Python

Communication

Education

Bachelor's or Master's degree in a quantitative field

Tools

Verisk Touchstone

RMS RiskLink

CoreLogic RQE

MetaRisk

ReMetrica

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 Modeler 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.

The Power To Be Yourself As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. At Arrowhead Programs, growth starts with our people — shaped by an inclusive culture, sparked by innovation and driven by a shared goal to make an impact. Here, you’ll find a collective of independently driven program administrators and managing general underwriters, united by a commitment to delivering one of the most diverse portfolios of niche insurance solutions in the industry. It takes a range of strengths and perspectives to create specialized solutions — and at Arrowhead Programs, every role plays a part in our success. Whether you’re just starting out or taking the next step in your career, this is a place where your work drives progress. If you’re looking for a company that values curiosity, creativity and collaboration, you’ll find your next chapter here. Own your future. Help shape ours.