Are you passionate about solving complex risk challenges? Do you thrive in a fast-paced environment where data-driven insights influence multi-million-dollar decisions?
We are seeking a highly motivated and analytical Reinsurance Treaty Catastrophe Modeler to join our dynamic and growing team. In this role, you’ll play a pivotal part in shaping our Property Catastrophe (Cat) reinsurance portfolio, using cutting-edge catastrophe models to assess risk and profitability. You’ll collaborate closely with underwriters, actuaries, and management, providing critical insights that drive strategic decision-making. This is an exciting opportunity for an experienced catastrophe modeler who wants to make a real impact.
Your Impact :
- Analyze and model complex reinsurance treaties (e.g., proportional, non-proportional, retrocessional) using industry-standard catastrophe models (e.g., Verisk Touchstone/Touchstone Re, RMS Risk Link, CoreLogic).
- Prepare, validate, and quality-assure exposure data for input into catastrophe models, ensuring accuracy and completeness.
- Execute catastrophe models, interpret results (e.g., exceedance probability curves, average annual loss, return periods), and identify key risk drivers.
- Use catastrophe models to produce estimates of potential loss costs arising from various perils (e.g, tropical cyclone, severe thunderstorm, wildfire, earthquake) at various return periods.
- Provide exposure data and help other units develop loss estimates for major events soon after they have occurred.
- Develop and analyze scenarios to assess potential impacts of specific events or changes in exposure.
- Participate in the validation and enhancement of catastrophe models, including model parameterization and calibration.
- Prepare clear and concise reports summarizing model results and communicate findings to underwriters, management, and other stakeholders.
- Collaborate with underwriters, actuaries, and other departments to provide comprehensive risk assessments.
- Stay abreast of industry trends, new modeling techniques, and emerging risks. Participate in projects to help shape and define the company's view of risk for natural catastrophe perils.
Successful Candidates Will Have:
- 5+ years of catastrophe modeling experience in the reinsurance industry.
- Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, Engineering, or a related quantitative discipline.
- Proficiency in at least one major catastrophe modeling platform (Verisk, RMS, or CoreLogic).
- Strong understanding of reinsurance structures, treaty pricing, and underwriting principles.
- Advanced analytical skills, including experience with SQL (preferred), Python, or R for data manipulation and analysis.
- Strong grasp of statistical modeling concepts (return periods, probability distributions, extreme value theory).
The total compensation for a position may also include other elements dependent on the position offered. The expected annual pay range for this position is between $150,000 to $170,000 plus discretionary bonus. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.
One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, One80 offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services, and warranty business. Launched just four years ago, One80 Intermediaries has grown to be one of the largest intermediaries in the United States. In 2024, we were ranked 14th largest broker in the U.S. by Business Insurance.
One80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.
Learn more about working at One80 Intermediaries by visiting our careers page: www.one80.com/careers.
Personal information submitted by California applicants in response to a job posting is subject to One80's California Job Applicant Privacy Notice .
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What We Do
One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, the company offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services and warranty business. One80 serves commercial companies, non-profits, public entities, individuals and associations and unions, and has access to all major insurance markets in the US, Canada and UK. One80 has offices in more than 55 locations in the US and Canada. For more information visit www.one80intermediaries.com
With expertise in marine, transportation, property, casualty, financial lines, medical stop loss, personal lines, travel/accident and health, life insurance and warranty coverage we provide in-house binding authority and access to market leading carriers on both sides of the Atlantic. One80 serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets in the US, UK and Canada.
One80 has offices in 46 locations nationwide including Boston, New York City, Chicago, Cleveland, Cincinnati, Miami, Atlanta, Houston, Dallas, San Antonio, Omaha, Mountain View, Philadelphia, San Diego, Seattle, Toronto, and Montreal