Remote Economic Capital Modeling Lead - P&C Insurance

CSAA Insurance Group; California City (CA); Remote; USD 178,000 - 237,000; Full time

Job summary

CSAA Insurance Group seeks a Capital Modeling Lead to develop and advance its internal economic capital modeling capabilities. You will work with an external consultant while building CSAA’s independent capabilities, challenging and extending the existing ReMetrica-based model.

The role partners with Risk, Actuarial, Investments, and FP&A to translate capital analytics into business decisions, supporting strategic planning and risk management across multiple lines of business.

Qualifications

• Bachelor’s degree in a related field or equivalent combination of education and experience.
• 10+ years of related experience in P&C insurance economic capital modeling or related quantitative insurance modeling.
• Proven ability to design or build stochastic insurance models.
• Strong understanding of Monte Carlo simulation, VaR, TVaR, dependency modeling, diversification and capital attribution.
• Knowledge of P&C underwriting and reserve risk; catastrophe and reinsurance experience.
• Experience with external capital modeling and communicating complex quantitative concepts.

Responsibilities

• Develop and enhance CSAA's internal economic capital model leveraging ReMetrica.
• Independently reproduce, challenge, and improve existing model calculations.
• Design and build stochastic models integrating underwriting, reserve, catastrophe, investment, credit and other risks.
• Evaluate VaR, TVaR and tail-risk measures and model dependencies.
• Collaborate with risk, actuarial, investments, product, catastrophe, FP&A to apply capital analytics.
• Provide independent technical challenge and work with external consultants.

Skills

Python

R

Quantitative analysis

Communication

Monte Carlo

Modeling

Education

Bachelor's degree or equivalent

Tools

ReMetrica

Git/version control

Job description

CSAA Insurance Group seeks a Capital Modeling Lead to develop and advance its internal economic capital modeling capabilities. You will work with an external consultant while building CSAA’s independent capabilities, challenging and extending the existing ReMetrica-based model.

The role partners with Risk, Actuarial, Investments, and FP&A to translate capital analytics into business decisions, supporting strategic planning and risk management across multiple lines of business.