Reinsurance Treaty Catastrophe Modeler

Brown & Brown, Inc.; United States; Presencial; USD 170 000 - 190 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Health benefits

401k plan

Student loan assistance

Tuition reimbursement

Mental health services

Resumo da oferta

Brown & Brown, Inc. seeks a seasoned Reinsurance Treaty Catastrophe Modeler to quantify risk and profitability of Property Cat reinsurance portfolios. You will work with underwriters and actuaries, execute models, and communicate insights to management.

The role requires a strong modeling background, experience with Touchstone/RMS/CoreLogic and data analysis using SQL, R, or Python. A competitive pay range accompanies robust benefits and career growth.

Qualificações

• 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 catastrophe modeling experience in reinsurance.
• Proficiency with major catastrophe modeling platforms (Verisk Touchstone, RMS RiskLink, CoreLogic RQE).
• Strong understanding of reinsurance principles, treaty structures, and underwriting practices.
• Experience with SQL, R, or Python for data manipulation and analysis.

Responsabilidades

• Analyze and model complex reinsurance treaties (proportional, non-proportional, retrocessional) using catastrophe models.
• Prepare, validate, and quality-assure exposure data for input into catastrophe models.
• Run models, interpret results (exceedance probability, AAL, return periods), identify risk drivers.
• Contribute to portfolio management by providing risk assessments to underwriters.
• Develop and analyze custom scenarios to assess event impacts.
• Participate in model validation and development, including calibration.

Conhecimentos

Catastrophe modeling

Data analysis

SQL

Python

R

Communication

Independence

Formação académica

Bachelor's or Master's in a quantitative field

Ferramentas

Verisk Touchstone

RMS RiskLink

CoreLogic RQE

SQL

Python

MetaRisk

ReMetrica

Descrição da oferta de emprego

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 actuary 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

Teammate Benefits & Total Well-Being

• 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”.

We think of ourselves as a team, so we have teammates — not employees.

We strive to attract people who are competitive, driven, and disciplined.

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results.

With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions.

We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right.

With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage.

We think of ourselves as a team, so we have teammates — not employees, and leaders — not managers. Everything we do is about the greater “WE”—never “me”.

While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.

Brown & Brown and its affiliates maintain an internal recruiting team responsible for filling open roles posted to the public.