Senior CAT Risk Analyst (Hybrid)

American Family Insurance; Boston (MA); On-site; USD 111,000 - 189,000; Full time

Benefits offered by this job

Hybrid work arrangement

Relocation assistance

Job summary

American Family Insurance is seeking a Senior Catastrophe Risk Analyst to lead complex catastrophe risk analyses and convert model results into actionable insights. You will influence risk appetite, portfolio strategy, and business planning while partnering with cross-functional teams across the enterprise.

The role is hybrid, with a minimum of 10 days per month in the office and relocation support for eligible candidates. Candidates should reside within 35–50 miles of Madison, WI or Boston, MA.

Qualifications

• 3–5+ years of catastrophe risk experience preferred.
• Strong analytical skills and programming knowledge in data analysis.
• Solid experience with catastrophe risk models and geospatial data.

Responsibilities

• Performs catastrophe modeling analyses and loss analytics.
• Explains model fundamentals to peers and other functions.
• Develops analytics, reports, and data to understand natural disasters’ impacts.
• Assists with rate filings and DOI responses.
• Develops automation for monitoring catastrophe events daily.
• Collaborates with cross-functional teams on risk strategy.

Skills

Analytical skills

Programming (R/Python)

Communication

Team collaboration

Tools

Catastrophe modeling software

Geospatial software

Database scripting/tools

Job description

The Senior Catastrophe Risk Analyst plays a key role in shaping risk-informed decisions across the organization. In this role, you will lead and execute complex catastrophe risk analyses, transform catastrophe model results and exposure data into actionable insights, and partner with cross-functional teams to help address business challenges and support strategic decision-making. You will influence portfolio strategy, risk appetite, and business planning through data-driven recommendations, while serving as a subject matter resource on catastrophe risk, supporting event response efforts, and driving continuous improvements in analytics, reporting, and risk management processes. You will report to a CAT Risk Senior Manager. In this hybrid role, you will be expected to work a minimum of 10 days per month from the office. Candidates should reside within approximately 35-50 miles of one of the following office locations: Madison, WI 53783 or Boston, MA 02110. #LI-Hybrid Position Compensation Range: $111,000.00 - $189,000.00 Pay Rate Type: Salary Compensation may vary based on the job level and your geographic work location. Relocation support is offered for eligible candidates.

Responsibilities

• Performs catastrophe modeling analyses using catastrophe modeling software for the assessment of data input, model set-up, model execution, result extraction and loss analytics.
• Communicates key model fundamentals including but not limited to Hazard, Vulnerability and Financial model components to peers and other functions.
• Develops analytical tools, reports, and data to understand the impacts of natural disasters to the enterprise's business, including applying a variety of geospatial analysis techniques to analysis projects.
• Explore natural hazard data to incorporate into the catastrophe exposure dashboard and into product, pricing and underwriting.
• Assists preparing rate filing and DOI object response.
• Develops automation process for monitoring catastrophe peril events in the United States daily and identifying the potential impact on the Enterprise business.
• Evaluates catastrophe management software and models and exploring industry best practices and business strategies in earth science technologies.
• partners, and to assist fellow catastrophe risk management team members to provide the catastrophe related insights and recommendation.
• Participates in the selection of research tools and technologies, design of a common research process, and brainstorming new opportunities and methodologies related to earth science.
• Researches and maintains awareness of industry best practices and business strategies.
• Proactively brings in new and innovative ideas and approaches to develop business.
• May be requested to complete other assignments or participate in projects based upon skills, achievements, or experience.
• May be requested to complete other assignments or participate in projects based upon skills, achievements, or experience.

Specialized Knowledge, Skills, and Education Requirements

• 3-5+ years of experience preferred.
• Your experience with programming languages (like R or Python) would be helpful, along with strong analytical skills.
• Demonstrated experience providing customer-driven solutions, support, or service.
• Solid experience with Catastrophe management software and catastrophe peril models.
• Proficient knowledge and understanding of natural catastrophe risk and it's application to the insurance space and catastrophe modeling.
• Proficiency in programming languages suitable for database access, scripting, and statistical analysis.
• Solid understanding of geospatial software tools and data.
• Ability to work as part of a team and to communicate effectively.
• Demonstrated experience using large amounts of structured, semi structured, and unstructured data.
• Demonstrated experience making independent decisions and in project management methodologies, practices, techniques.
• Solid knowledge with managing data to scale using data summarization, query and analysis software and tools.

Up to 10% Additional Information

To ensure a strong start, all employees participate in our New Employee Orientation during their first week. This experience is held in person at our Madison, WI Headquarters or one of our AmFam core locations to help you connect with our mission, meet key team members and build relationships that support your growth. At times, sessions may be delivered virtually based on scheduling and availability. Offer to selected candidate will be made contingent on the results of applicable background checks Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions Sponsorship will not be considered for this position unless specified in the posting We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits. We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email [e-mail] to request a reasonable accommodation.

Benefits

• We provide benefits that support your physical, emotional, and financial wellbeing.
• You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health.
• We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees).
• In addition, our student loan repayment program and paid-family leave are available to support our employees and their families.
• Interns and contingent workers are not eligible for American Family Insurance Group benefits.

We are an equal opportunity employer. It is our policy to comply with all applicable federal, state and local laws pertaining to non-discrimination, non-harassment and equal opportunity. We also consider qualified applicants with criminal histories, consistent with applicable federal, state and local law. American Family Insurance is committed to the full inclusion of all qualified individuals. If a reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email [e-mail] to request a reasonable accommodation.

American Family Insurance, based in Madison, Wis., has been serving customers since 1927. We inspire, protect and restore dreams through our insurance products, exceptional service from our agency owners and employees, community investments and creative partnerships. American Family Insurance is the nation’s 12th-largest property/casualty insurance company, ranking No. 202 on the Fortune 500 list. American Family has a current ‘a+’ credit rating through AM Best, and has distinction as a “Standing the Test of Time” company, which is represented by having an AM Best financial strength rating of ‘A’ or better for at least 75 years. The company offers American Family-brand products through a network of exclusive agency owners as well as nationwide through key strategic partnerships. American Family Insurance also includes Homesite and Main Street America Insurance. The company has approximately 10,500 employees nationwide.