Vice President, Head of Model Research – Event Response
Arch Capital Group Ltd.
full-time
Posted on:
Location Type: Office
Location: Boston • Connecticut • Massachusetts • United States
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Salary
💰 $190,000 - $236,000 per year
Job Level
About the role
- Lead the evaluation, validation, and governance of third‑party catastrophe models , leveraging multiple vendor and open‑source frameworks including AIR, RMS, KCC, and Oasis , across key perils and regions.
- Own Arch’s model change management framework , including interpretation of vendor updates, financial module changes, and implications for underwriting and portfolio risk.
- Develop and maintain Arch’s enterprise view of risk by region, peril, and line of business (Property, Marine, Workers’ Compensation, Specialty lines, etc.).
- Integrate climate change considerations into catastrophe risk interpretation, scenario analysis, and long‑term portfolio insights.
- Engage with external research partners , including CERCat participants, to stay current on emerging science, model methodologies, and climate research.
- Communicate complex modeling concepts, uncertainty, and limitations clearly to non‑technical stakeholders and senior leadership.
- Oversee Arch’s global catastrophe event response process , including readiness, execution, and post‑event analysis.
- Lead the mapping and modeling of anticipated events (e.g., hurricanes) and realized events (e.g., flood, earthquake, wildfire), delivering timely exposure and loss insights.
- Ensure event response outputs are consistent, auditable, and decision‑focused , supporting underwriting actions, moratoriums, and executive communications.
- Continuously improve event response speed, accuracy, and scalability through process optimization, automation, and advanced analytics .
- Support Arch’s London and Lloyd’s platform , ensuring catastrophe analytics meet LCM5 (exposure management) and LCM9 (catastrophe risk modeling) expectations.
- Partner with Risk, Compliance, and Portfolio Management to ensure catastrophe analytics are aligned with regulatory, governance, and capital frameworks .
- Represent Catastrophe Management in internal and external discussions related to model governance, research, and risk oversight .
- Lead, mentor, and develop a high‑performing team of catastrophe analytics professionals.
- Set strategic priorities and ensure alignment with broader Catastrophe Analytics and enterprise risk objectives.
- Partner with Technology and Data teams to advance AI‑enabled analytics , automation, and next‑generation catastrophe tooling.
- Contribute to long‑term strategy around model innovation, climate analytics, and advanced risk insights .
Requirements
- Bachelor’s degree in a quantitative field (e.g., Mathematics, Engineering, Atmospheric Science, Data Science, Actuarial Science, or similar).
- 10+ years of experience in catastrophe modeling, risk analytics, or related insurance/reinsurance roles.
- Deep expertise across multiple catastrophe modeling platforms (e.g., AIR, RMS, KCC, Oasis).
- Demonstrated experience leading event response and loss estimation for major catastrophe events.
- Strong leadership experience managing senior analysts or small expert teams.
- Ability to translate technical risk insights into clear, actionable business recommendations .
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- competitive 401k with generous matching
- PTO beginning at 20 days per year
- up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
- basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
- and more.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
catastrophe modelingrisk analyticsevent responseloss estimationprocess optimizationautomationadvanced analyticsmodel governanceclimate analyticsmodel innovation
Soft Skills
leadershipcommunicationmentoringstrategic prioritizationteam developmentcollaborationclear translation of technical insightsstakeholder engagementdecision-makingproblem-solving