Senior Catastrophe Analyst

CNA Insurance; Illinois; Hybrid; USD 72,000 - 160,000; Full time

Benefits offered by this job

Comprehensive benefits package

Competitive salary

Flexible work arrangements

Job summary

A leading financial services provider is seeking a Senior Catastrophe Analyst in Illinois. This position requires expertise in catastrophe modeling and strong coding skills in SQL and Excel VBA. The role involves developing tools for risk pricing, providing analytics, and collaborating with various teams to assess catastrophe impacts. Ideal candidates have a Bachelor's in a related technical field and at least seven years of relevant experience. Competitive pay range is $72,000 to $160,000, depending on location and experience.

Qualifications

• Minimum seven years of related work experience.
• Experience in catastrophe modeling and analytics.
• Strong knowledge of Commercial Insurance terms.

Responsibilities

• Develop an automated portfolio roll-up process.
• Design a database repository for property policies.
• Provide analytics for Business Unit leadership.

Skills

Google Cloud SQL

Excel VBA

C++

Python

Data Analysis

Problem-solving

Communication

Education

Bachelor's degree in technical field

Tools

R

Data Management Tools

Job description

Join to apply for the Senior Catastrophe Analyst role at CNA Insurance

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Join to apply for the Senior Catastrophe Analyst role at CNA Insurance

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.

The Catastrophe Risk Management department is growing and searching for a Senior Catastrophe Analyst to join a highly technical and dynamic team that is tasked with driving improvement in the company’s overall management of catastrophe risk. If you are looking for a role that has significant business impact, this position could be for you. We are searching for candidates that enjoy learning more about catastrophes, how they impact CNA, and how the company can better price and manage risk. This role frequently interacts with the Cat Modeling team and IT, Underwriting/Claims leadership, as well as Actuary, Analytics, Risk Control, and Reinsurance leadership. The Catastrophe Risk Management group strives to be best in class by collaborating with senior leadership in developing strategic priorities, building tools and processes to facilitate the execution of those priorities, and reporting on the progress that is being made.

This position will report to the VP of Catastrophe and Exposure Management and will interact frequently with other team members and business units. This candidate will have strong expertise and technical capabilities in catastrophe modeling, software and data engineering for the goal of: improving our data management processes, building software tools, and optimizing work flows. We are looking for a motivated person who possesses a natural curiosity about a wide range of topics, and is flexible enough to learn quickly.

We are open to a variety of work arrangements including fully remote or hybrid from one of our CNA office locations depending upon candidate location and preferences.

JOB DESCRIPTION

• Develop and oversee an automated portfolio roll-up process for the entire enterprise.
• Design and build a database repository and management system that can be used to manage property policies.
• Develop and maintain tools that are used to price risk.
• Provide analytics to help Business Unit leadership understand their portfolio’s exposure and how it can further improve profitability.
• Assist in the validation of the vendor or in-house built models and tools using claims or other data.
• Provide the ability to build and maintain custom tools in VBA or other commonly used software language.
• Communicate research and analytics with underwriters, capital modelers, actuaries, and other stakeholders.
• Participate in assessing the impact of real-time catastrophes on CNA’s portfolio.
• Independently devise innovative solutions to problems.
• Provides guidance to less experienced team members and may lead and/or participate in special projects.

May perform additional duties as assigned.

REPORTING RELATIONSHIP

VP of Catastrophe and Exposure Management

SKILLS, KNOWLEDGE & ABILITIES

• Strong proficiency with Google Cloud SQL coding and Big Data Query.
• Ability to build and maintain tools and reports in Excel VBA.
• Knowledge of the Verisk catastrophe model and backend tables is desired.
• Strong knowledge of Commercial Insurance terms and conditions.
• Ability to exercise professional judgment and make critical business decisions effectively within scope of authority based on data analyses and reviews.
• Proven problem-solving capabilities.
• Building statistical risk models or other catastrophe models and tools.
• Experience programming in a common software language such as C++, VBA, R, or Python.
• Strong interpersonal, communication and presentation skills.
• Ability to effectively interact with all levels of CNA’s internal and external business partners.
• Ability to solve issues with a sense of urgency; utilizes and manages the available resources to make informed decisions and achieve superior results.
• Ability to creatively and effectively manage through ambiguous and challenging problems, leads through change and takes appropriate level of risk.
• Ability to comprehend business data and metrics to further articulate analyses of data within internal reports.

EDUCATION & EXPERIENCE

• Bachelor's degree in technical field, such as computer science, math, actuarial science, statistics, engineering, physical science, or equivalent.
• Typically a minimum of seven years of related work experience.

PAY RANGE

In Chicago/New York/California, the average base pay range for this role is $113,000 to $160,000. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $72,000 to $141,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [e-mail].

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

General Business, Analyst, and Finance

Industries

Financial Services and Insurance

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