CAT Modeling Analyst III

UFG has an exciting opportunity for a Catastrophe Modeling Analyst III to work with our growing team where this individual will be analyzing property data to determine UFGs view of the catastrophe risk. The major responsibilities will include preparing catastrophe modeling data from various data sources modeling the data by utilizing catastrophe model / (s) communicating the outcomes and providing recommendations to the senior management team to quantify the risk. The candidate will collaborate with internal customers (direct and assumed businesses) to develop adequate pricing ratemaking and exposure management strategies that drive towards profitable growth of the company.

Responsibilities :

• Collaborate with data engineers and underwriters in gathering the data needed for catastrophe modeling as well as improving data accuracy and completeness; organize scrub and prepare the data for model ready import files using valuation tools including SQL / Excel.
• Analyze the risks for data quality accuracy and completeness; provide recommendations to management to enhance decision-making.
• Run analyses using proprietary catastrophe model such as RMS generate outputs to analyze the loss results and help determine the degree of risks of various perils.
• Support the underwriting and actuarial teams by interpreting the modeling outputs for growth and rate-making.
• Prepare analytical reports to understand the portfolio as well as concentration of risks.
• Assess catastrophe risk arising from direct and assumed business.
• Perform scenario modeling to analyze the impact of growth or reduction within the existing book.
• Support improvements efforts to increase consistency efficiency and compliance with internal standards.
• Stay well versed with the continuously changing catastrophe modeling industry and the models.
• Respond to real-time catastrophic events prioritizing over all else by computing potential losses as soon as the data is received and inform the outcome to senior management once computed.
• Effectively communicate information and results to a variety of technical and non-technical audiences across the organization.

Qualifications : Education :

Certifications / Designations :

Experience :

Working Conditions :

Skills & Knowledge : Skills :

Knowledge :

Pay Transparency Statement :

UFG Insurance is committed to fair and equitable compensation practices. The base salary range for this position is $103222 - $136105 annually which represents the typical range for new hires in this role. Individual pay within this range will be determined based on a variety of factors including relevant experience education certifications skills internal equity geography and market data.

In addition to base salary UFG Insurance offers a comprehensive total rewards package that includes :

This pay range disclosure is provided in accordance with applicable state and local pay transparency laws.

Required Experience :

IC

Key Skills

ArcGIS,Intelligence Community Experience,GIS,Python,Computer Networking,Data Collection,Intelligence Experience,R,Relational Databases,Analysis Skills,Data Management,Application Development

Employment Type : Full-Time

Department / Functional Area : Analytics

Experience : years

Vacancy : 1

Yearly Salary Salary : 103222 - 136105