General Description:
In conjunction with the area Manager, conducts and develops catastrophe, quantitative and analytic models; in support of risk management efforts that assess the market and identify risks and gaps in existing or proposed processes. This position performs entry level reporting responsibilities as well as presenting the results in the form of reports, exhibits, maps, and graphs. The position requires strong technical, analytic, and communication skills. Works closely with actuarial and systems teams to assist in making decisions regarding catastrophic risk.
Essential Duties and Responsibilities:
Apply knowledge and industry best practices to quantify risk and aggregated exposures.
Analyze changes in exposure over time.
Prepare exposure data for review and processing.
Assess data quality and make necessary assumptions or recommendations to enhance management decision making.
Apply innovative and quantitative analytical approaches to draw conclusions and make recommendations to answer business objectives and drive change. Translate approved recommendations into communication materials to effectively present for peer and management review.
Engage in model validation and produces model and quantitative reports.
Perform data calls and utilize ways to gain automation efficiency.
Apply knowledge to produce analytical material (reports, maps, etc.) to assist team members in understanding the accumulation of risk.
Consider the distribution of exposure and its effect on the portfolio.
Create documentation for all procedures
Perform other duties as required.
Supplemental Information:
This job description has been prepared to indicate the general nature and level of the work that the employees perform within their classification. This description is not and cannot be interpreted as an inventory of all the duties, tasks, responsibilities and qualifications required for the employees assigned to this job.
Education and / or Experience:
Bachelor’s degree in actuarial science, mathematics, risk management or a related field.
0- 2 years of related quantitative analysis experience.
Skills in Microsoft Office applications particularly Excel, Access, Word, and PowerPoint.
Analytical, research and problem-solving skills.
Must be able to work under tight deadlines efficiently and with high quality.
Must possess strong organizational skills with demonstrated attention to detail.
Must be flexible and able to adapt in a changing business environment.
Must possess a positive attitude and strong work ethic.
Excellent verbal and written communication skills and the ability to interact professionally with a diverse group (executives, managers, and subject matter experts).
Willingness to learn, be a team player, and adapt to a changing business environment
Licenses and / or certifications:
None required
