Full Job Description
Zurich Canada is looking for a Catastrophe Modeler to assesses Catastrophe exposure and contribute to the development of strategies for Catastrophic Risk pricing, under general direction, working closely with business unit and line of business leadership to enable the achievement of business plans
Job Accountabilities - What you bring to the table
• Calculates and / or validates catastrophe exposure for all business segments and/or perils within responsibility assigned.
• Validates data received from business segments and interprets best fit for catastrophe modelling.
• Provides expert guidance to business units to improve exposure data quality. Conducts corrections in cases where exposure data quality issues would have material impact on country results, escalates to senior management.
• Leads data improvement initiates around data entry hygiene, automation of data reconciliation.
• Supports key aspects of portfolio management, including analysis, to monitor profitability and shifts in assigned business segment and/or peril.
• May lead projects for research, experience studies and other statistical analyses.
• Tracks and understands shifts in catastrophe exposures, reports and communicates peril accumulations to senior management in the frequency required.
• Builds and maintains good relationships with key stakeholders (LOB heads, data champions, IT, US stakeholders) in assigned BUs.
• Provide consolidated views for local regulatory authorities as required.
• Demonstrates familiarity with standard LOB risk characteristics. May have additional knowledge about other non-standard LOBs like Cyber or Casualty.
• May lead catastrophe management initiatives for business units and/or segments as needs arise.
• Influences the development and implementation of strategies involving catastrophic pricing and the optimization of capital. Responds to requests from other functions (e.g. risk management, Group Re).
• Supports local and Group Cat Planning process in collaboration with members of Technical Underwriting and Finance teams.
• May be responsible for maintenance and development of tools to streamline production of results.
• Demonstrates specialized knowledge and expertise in products and industry and leads projects to develop technical standards.
Job Qualifications - What you bring to the table
Required:
• Bachelors Degree in Finance, Statistics, Mathematics, Meteorology Natural Sciences and 3-5 years of experience in the Catastrophe Modeling area
OR
• Zurich Certified Insurance Apprentice including an Associate Degree in Finance, Statistics, Mathematics, Meteorology or Natural Science and 3-5 years of experience in the Catastrophe Modeling area
OR
• Masters degree in Finance Statistics, Mathematics, Meteorology or Natural Sciences and 2 or more years of experience in the analytical area
AND
• Programming experience
Preferred:
• Insurance and /or ReInsurance industry experience
• Experience with catastrophe models such as AIR, RMS and EQE
• Experience with data mining, manipulation and analysis
• Knowledge of data visualization and mapping software
• Analytical and problem-solving skills
• Experience collaborating across functional business groups
• Strong presentation, verbal and written communication skills
• Insurance Industry Certifications (CPCU, ARM/ARe, Catastrophe Modeling)
At Zurich Canada, we are committed to pay equity. We determine compensation based on objective criteria such as skills, experience, and internal equity. The salary range for this position is 75,000 - 120,000. This range reflects the expected pay for the role across Canada and may vary depending on factors like office location, specific responsibilities, and individual qualifications. As required by local law, Zurich provides in good faith a reasonable compensation range, but starting salaries may exceed this range based on a candidate's skills and experience.