Senior Capital Modeling Lead, P&C Insurance (Remote)

CSAA; Utah; Remote; USD 178,000 - 237,000; Full time

Job summary

CSAA Insurance Group is hiring a Capital Modeling Lead to develop internal economic capital modeling and analytics. You will work with the existing ReMetrica model, challenge and improve calculations, and collaborate with ERM, Actuarial, Investments, and FP&A to expand capital analytics for business decisions.

The role requires 10+ years in P&C capital modeling, strong programming (Python/R), and the ability to communicate complex concepts to leadership.

Qualifications

• Bachelor's degree or equivalent in a related field.
• 10+ years of related experience in P&C insurance economic capital modeling or enterprise risk modeling.
• Proven ability to design or build stochastic insurance models.
• Strong understanding of Monte Carlo simulation, VaR/TVaR, dependency modeling, diversification, capital attribution, and parameter uncertainty.
• Solid understanding of P&C underwriting and reserve risk.
• Experience incorporating catastrophe-model output into economic capital or other stochastic models.
• Understanding of reinsurance structures and their impact on loss distributions and capital.
• Knowledge of investment market and credit risk on insurer balance sheet.
• Strong programming skills in Python, R, or another quantitative language.
• Ability to work with large datasets and develop repeatable analytical processes.
• Ability to communicate sophisticated quantitative concepts to nontechnical business leaders.

Responsibilities

• Develop deep technical understanding of CSAA's ReMetrica-based economic capital model.
• Reproduce, challenge, and enhance model calculations and methodologies.
• Design and build stochastic economic capital models integrating underwriting, reserve, catastrophe, investment, credit, and other risks.
• Evaluate alternative approaches to VaR, TVaR, tail-risk and capital attribution.
• Analyze dependencies across risks, lines, geographies, catastrophe perils, and investments.
• Perform sensitivity, scenario, stress, and uncertainty analyses.
• Assess model stability and tail uncertainty.
• Develop approaches for marginal and incremental capital analysis.
• Partner with Reinsurance, Investments, Product Management, catastrophe modeling, and FP&A.

Skills

Python

R

Monte Carlo

VaR/TVaR

Communication

Git

Data analysis

Insurance modeling

Education

Bachelor's degree

Tools

ReMetrica

Git

Job description

CSAA Insurance Group is hiring a Capital Modeling Lead to develop internal economic capital modeling and analytics. You will work with the existing ReMetrica model, challenge and improve calculations, and collaborate with ERM, Actuarial, Investments, and FP&A to expand capital analytics for business decisions.

The role requires 10+ years in P&C capital modeling, strong programming (Python/R), and the ability to communicate complex concepts to leadership.