Senior Catastrophe Research Scientist

Chubb in; Philadelphia (Philadelphia County); On-site; USD 100,000 - 130,000; Full time

Job summary

A global insurance leader is seeking a Senior Catastrophe Research Scientist in Philadelphia. You will apply scientific methods to enrich catastrophe underwriting and risk management practices. This role entails supporting catastrophe research, advising teams, and enabling smooth operations during peak renewal seasons. Candidates must have a Ph.D. or Master's degree in a relevant field and exhibit strong communication skills. Join a diverse, interesting team dedicated to advancing risk management solutions.

Responsibilities

• Identify and quantify risk factors to manage risks.
• Develop Chubb's view of risk through independent research.
• Advise on new solutions for non-modeled region perils.
• Provide technical expertise to underwriting and actuarial teams.
• Support near real-time insights during catastrophe events.
• Assist CTR analysts with catastrophe modeling as needed.
• Maintain knowledge of industry regulatory requirements.
• Seek new ways to improve processes.
• Plan and manage activities to achieve outcomes.
• Communicate complex information clearly.

Education

Ph.D. or Master's degree in a relevant field

Job description

Senior Catastrophe Research Scientist (Finance)

JOB DESCRIPTION

The Chubb Science Center (CSC) is a multi-disciplinary group within the Enterprise Risk Management function tasked with bringing state-of-the-art science to catastrophe underwriting and aggregation management. The CSC focuses on developing Chubb's view of risk for both modeled and non-modeled catastrophe perils globally, including integrating climate change research. Roles within the CSC provide an excellent opportunity to apply a scientific understanding of natural hazards to catastrophe solutions and their use in underwriting, pricing, and aggregation management.

Chubb is seeking a Senior Catastrophe Research Scientist to join the CSC. The interested individual will join a dynamic team composed of people with diverse backgrounds. This position will be responsible for supporting Chubb Tempest Reinsurance (CTR) catastrophe research and risk management initiatives. As part of the CSC, you will play an integral role in delivering risk management solutions to various internal stakeholders.

Responsibilities include:

1. Identify and quantify risk factors to facilitate the development and implementation of approaches for managing risks.
2. Further develop Chubb's view of risk by conducting independent research and integrating findings into the catastrophe modeling framework.
3. Investigate, evaluate, and advise on new solutions for non-modeled and under-modeled region perils. Develop approaches and metrics to monitor non-modeled exposures and aggregations.
4. Support underwriting and actuarial teams by providing technical expertise on catastrophe models.
5. Support catastrophe event response activities by providing near real-time actionable insights to the business, claims, and senior management.
6. Assist CTR analysts with catastrophe modeling during peak renewal seasons as needed.
7. Maintain current knowledge of industry regulatory requirements such as reporting mandates, concepts and procedures, compliance requirements, and regulatory framework and structure.
8. Continuously seek new ways of working to make processes run smoother and faster.
9. Demonstrate discipline in planning, organizing, and managing activities to achieve outcomes within specified timeframes and standards.
10. Communicate with clarity and precision, presenting complex information in a concise, audience-appropriate manner.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, pregnancy, or other characteristics protected by law.

QUALIFICATIONS

• Ph.D. or Master's degree in a relevant field.

ABOUT US

Chubb is a world leader in insurance, operating in 54 countries. We provide a range of insurance products including property and casualty, accident, health, reinsurance, and life insurance. We are committed to diversity, inclusion, and equal opportunity in the workplace.