Senior Analyst, Catastrophe & Aggregation - Vantage Risk Companies
Chicago, IL 60606
About the Job
Role: Senior Analyst,Catastrophe and Aggregation
Location:Chicago area preferred
Are you seeking a CAT modeling role that extends beyond property exposure? At Vantage, the Senior Analyst, Catastrophe and Aggregation plays a critical role in risk reporting and developing our Enterprise Risk Management function. This position involves working with diverse exposures beyond property including cyber, casualty, marine, and other significant sources of aggregation risk. The objective of this position is to provide leadership and business partners with data-driven insights derived from exposure analysis, catastrophe models, and internal models. As Vantage grows, so will the range of exposures, offering opportunities for independent research and tool development. The role reports to the Group ERM Lead and is a remote and/or hybrid position based in one of our US offices, although Chicago area is preferred.
The base salary expectation for this role is between $100,000 and $130,000. Actual base salary for the selected candidate may be higher commensurate with candidate experience; title and expectations will be similarly dependent on candidate experience. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more.
Responsibilities & Accountabilities:
Primary:
- Collect and track key aggregation risk metrics across the portfolio of risks and products and present relevant findings to leadership and the business
- Continuously work to enhance the data pipeline, improve repeatability, and expand the scope of the risk reporting function across insurance and reinsurance business areas and key exposure types, e.g., property, marine, cyber, excess casualty, financial lines
- Partner with underwriting, pricing, reserving, finance, and ERM to collect exposure data and ensure consistency
- Assist in collecting and reporting risk metrics to regulators and external stakeholders
- Support continued development of the risk management framework and modeling process
- Build internal tools and/or models to support the needs of the organization, with a focus on underwriting
Additional / Supporting:
- Assist with research and analysis around emerging risk topics, like climate change, trends in litigation, or the business cycle
- Explore new modeling tools that can assist Vantage in enhancing efficiency, accuracy, and scope
- Perform risk/return analysis to support strategic decisions on risk management, including risk limits, reinsurance purchasing, etc
- Ensure best practices and data quality in within the risk management area
- Remain current on industry trends, tools, and techniques
Ideal Candidate Profile:
- Bachelor's degree in finance, science, or a related quantitative field; or the equivalent in related work experience
- 3-7 years of CAT modeling, pricing, exposure management, or other broad insurance analytics experience
- Deep experience with SQL, Python, R, or related tools
- Experience with natural CAT analytics concepts and tools, cyber and casualty solutions a plus
- Proven track record of collaborating with business partners, thinking strategically, and proactively exploring new tools or techniques
- Experience in data visualization, programming, building databases and working in a cloud environment a plus
- A deep curiosity and motivation to learn about unfamiliar types of exposures and collaborate with business leaders to improve how they quantify and manage risk
Vantage Values:
Do What’s Right – be a force for good,for our customers, shareholders, colleagues, industry and communities
Be Relentlessly Curious – ask questions, listen to understand, challenge the status quo, look for ways to say YES, drive innovation, be opportunistic and disciplined
We’re Better Together– collaborate, be inclusive, supportive, respectful and humble, be a trusted partner internally and externally
Be Transparent – in who you are, what you think, and how you work, seek and provide alternative points of view, be true to yourself
Make A Difference –focus on impact, embrace technology, leverage data and analytics as critical assets, act intentionally to deliver on our mission