MSIG USA

Catastrophe Modeling Manager

MSIG USA

full-time

Posted on:

Origin:  • 🇺🇸 United States • California, Illinois

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Job Level

Mid-LevelSenior

About the role

  • Manage collection, analysis, administration and quality control of the company’s property data for first party lines of business.
  • Support the analysis and quality control efforts for property aggregations and PML calculations.
  • Handle portfolio level activity for MSMM including report generation and collaboration with AIR to produce monthly data files and quarterly portfolio analysis and exhibits.
  • Complete analysis related to portfolio level profitability and trend indications.
  • Real time event modeling using Alert and AIR’s Geospatial Module.
  • Ad hoc reporting on aggregation risk, departmental profiles, LOB return period numbers…etc.
  • Manage catastrophe control protocols and the monitor same
  • Assist management with treaty placement by collecting and analyzing exposures and loss information to ensure most efficient pricing available in the current reinsurance market.
  • Catastrophe Modeling: Identify and track aggregate catastrophic exposures in order to assist in the prevention of undue loss potential to the policy holder surplus of the company.
  • Maintain and control quality of property catastrophe data by monthly/quarterly/annual file reviews and completion of AIR Worldwide checklists.
  • Track and monitor underwriting data by working with IT and Underwriting Management to develop and provide analysis on the data necessary to manage MSMM’s property portfolio.
  • Provide support to field underwriters in the use and problem resolution in areas of catastrophe modeling (AIR).
  • Preen quarterly PML and portfolio reviews to senior management.
  • Work with MSM’s catastrophe modeling vendor (AIR), underwriting, reinsurance team and management to develop and implement “best practices” for ensuring data quality across the property portfolio.
  • Underwriting Training: Assist in the creation, delivery or coordination of internal or external training programs related to MSMM’s Catastrophe Management.
  • Supervisory Responsibilities: Manage a team of 2-3 Cat Modeling staff.

Requirements

  • Proficiency with AIR Catastrophe Modeling, Touchstone, Alert, Geospatial Module
  • CEEM certification a plus
  • Proficiency with Excel, Word, Outlook and UM
  • Strong communication skills and an ability to work with a diverse group of leaders, underwriters and employees at all levels in the organization
  • Bachelor's degree (B. A.) preferred
  • Prior supervisory or management experience preferred