Remote Lead, Catastrophe Modeling - Wildfire Risk

Wildfire Defense Systems, Inc.; United States; Hybrid; USD 128,000 - 140,000; Full time

Job summary

Wildfire Defense Systems, Inc. is seeking a Head of Catastrophe Modeling to drive modeling development, validation, and application for wildfire risk across the U.S. and Canada.

You will translate data into model-driven insights for carrier relationships and pricing strategies. You will lead a team within the Data Science Department, collaborate with actuarial, underwriting, product, and client-facing teams, and guide pricing methodology for reinsurance transactions, contributing to strategic

Qualifications

• Advanced degree (MS or PhD) in Statistics, Actuarial Science, Mathematics, Engineering, or a related quantitative field.
• 7+ years of P&C insurance experience related to catastrophe modeling, exposure and risk management, pricing/reserving, and reinsurance strategy.
• Familiarity with functionality and I/O of major CAT model vendors (Verisk, Cotality, RMS).
• Experience supporting insurance pricing, portfolio management, and reinsurance negotiations.

Responsibilities

• Design, calibrate, validate, and maintain proprietary catastrophe models focused on wildfire, while incorporating secondary perils such as fire following quake and other risk related to the company's portfolio.
• Develop methodologies for event generation, hazard characterization, vulnerability modeling, and financial loss estimation.
• Research emerging catastrophe risks and continuously enhance modeling methodologies.
• Analyze accumulation risk and concentration management at geographic, peril, and portfolio levels.
• Produce catastrophe risk metrics including AAL, EP curves, TVaR, PML, and stress-test scenarios.
• Translate catastrophe model outputs into loss cost assumptions and catastrophe loadings for insurance pricing models.
• Partner with actuarial, underwriting, and product teams to incorporate catastrophe risk into rate indications and pricing strategies.
• Lead catastrophe analytics supporting reinsurance purchasing decisions.
• Develop pricing methodologies for ceded and assumed reinsurance transactions.
• Support strategic planning, capital management, and growth initiatives through quantitative risk analysis.

Skills

Statistical modeling

Geospatial analytics

Machine learning

Communication skills

Climate risk modeling

Education

MS or PhD in Statistics/Actuarial Science/Mathematics/Engineering or related quantitative field

Tools

Python

R

SQL

Verisk

Cotality

RMS

Job description

Wildfire Defense Systems, Inc. is seeking a Head of Catastrophe Modeling to drive modeling development, validation, and application for wildfire risk across the U.S. and Canada.

You will translate data into model-driven insights for carrier relationships and pricing strategies. You will lead a team within the Data Science Department, collaborate with actuarial, underwriting, product, and client-facing teams, and guide pricing methodology for reinsurance transactions, contributing to strategic