Catastrophe Modeling Manager

MSIG USA continues to grow! 

Company Overview:

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

Summary/Job Purpose:

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.  

Essential Functions:

• Handle portfolio level activity for MSMM including report generation and collaboration with AIR to produce monthly data files and quarterly portfolio analysis and exhibits.

• 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.

Qualifications:  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Experience Required: 

• Proficiency with AIR Catastrophe Modeling, Touchstone, Alert, Geospatial Module…etc.
• 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

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!  

It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.