Catastrophe Modeling Director

Catastrophe Modeling Director opening in New England. Responsibilities include: the analytics and tools used to maximize the corporations risk/reward from catastrophe related insurance products; lead efforts to maximize the value of catastrophe models and risk management tools in this analysis; deeply involved in the technical development of cutting edge analytics as well as career growth potential associated with leading highly visible strategic research projects. Partner with key modeling, analytics, and research groups to leverage multiple probabilistic catastrophe models (RMS, AIR, EQE) in evaluating exposure to catastrophe losses associated with a range of perils including hurricane, earthquake, tornado/hail, terrorism, and winter storm. Focus will be on running, reviewing, and evaluating model results in light of underlying assumptions, model limitations, and variability in predicted outcomes; lead companywide studies in evaluating and recommending improvements to catastrophe model input, underlying scientific/statistical assumptions, and model output; complexity and depth of research will vary depending on issue being studied. Some issues will require in-depth discussions with vendor model technical staff (e.g., model developers, scientists, engineers, statisticians); provide analytic support in the development and interpretation of catastrophe risk and reward metrics; assist in developing or evaluating strategies to improve the risk vs. reward relationship between catastrophe exposures and profit for key insurance products. Areas of involvement will include data capture and quality of model input, changes in risk exposure or coverage, and changes in reinsurance programs; participate in technical forums, training sessions, and presentations to a broad spectrum of internal Catastrophe Strategy customers including senior management, business unit catastrophe leads, actuarial line leads, underwriting, and finance; assist in pre and post event catastrophe reserve estimation processes including claim frequency and severity projections. Strong computer skills, including intermediate knowledge level of Microsoft Excel and Microsoft Access; exposure to relational databases, VBA, SQL, SAS, FOCUS, Cognos, etc. a plus and a strong understanding of catastrophe modeling concepts; intermediate to expert level of understanding of one or more catastrophe vendor models (RMS, AIR, EQE); exposure to Property line of business a plus (pricing, reserving, coverages, reinsurance). Salary $open.