Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
We are seeking a highly motivated and experienced Reinsurance Treaty Catastrophe Modeler to join our growing team!
The successful candidate will be responsible for utilizing catastrophe models to accurately assess and quantify the risk and profitability of the Property Cat reinsurance portfolio. You will participate in the reinsurance placement and renewal process and partner closely with the actuarial pricing team, providing crucial insights to support underwriting and management decision-making. This role requires a strong understanding of reinsurance principles, catastrophe modeling software, and statistical analysis.
How You Will Contribute:
- Treaty Analysis: Analyze and model complex reinsurance treaties (e.g., proportional, non-proportional, retrocessional) using industry-standard catastrophe models (e.g., Verisk Touchstone/Touchstone Re, RMS RiskLink, CoreLogic).
- Data Preparation & Validation: Prepare, validate, and quality-assure exposure data for input into catastrophe models, ensuring accuracy and completeness.
- Model Execution & Interpretation: Execute catastrophe models, interpret results (e.g., exceedance probability curves, average annual loss, return periods), and identify key risk drivers.
- Portfolio Management: Contribute to the management of the reinsurance portfolio by providing risk assessments and insights to underwriters.
- Scenario Development: Develop and analyze custom scenarios to assess potential impacts of specific events or changes in exposure.
- Model Validation & Development: Participate in the validation and enhancement of catastrophe models, including model parameterization and calibration.
- Reporting & Communication: Prepare clear and concise reports summarizing model results and communicate findings to underwriters, management, and other stakeholders.
- Collaboration: Collaborate with underwriters, actuaries, and other departments to provide comprehensive risk assessments.
- Research & Development: Stay abreast of industry trends, new modeling techniques, and emerging risks. Participate in projects to help shape and define the company's view of risk for natural catastrophe perils.
Qualifications:
- Bachelor's or Master's degree in a quantitative field such as Actuarial Science, Mathematics, Statistics, Engineering, or a related discipline.
- Minimum of 5 years of experience in catastrophe modeling, specifically within the reinsurance industry.
- Proficiency in using at least one major catastrophe modeling platform (Verisk Touchstone, RMS RiskLink, CoreLogic RQE).
- Strong understanding of reinsurance principles, treaty structures, and underwriting practices.
- Solid understanding of statistical concepts, including probability distributions, return periods, and extreme value theory.
- Experience with data manipulation and analysis using software such as SQL, R, or Python.
- Excellent analytical, problem-solving, and communication skills (both written and verbal).
- Ability to work independently and as part of a team.
- Experience with stochastic modeling tools such as MetaRisk or ReMetrica desired.
- Experience with scripting or programming languages (e.g., Python, VBA) is a plus.
- Experience with database management is a plus.
Pay Range
$170,000 - $190,000 AnnualThe pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
Recruiting Vendor Disclosure Statement
Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Skills Required
- Bachelor’s or Master’s degree in actuarial science, mathematics, statistics, engineering, or a related quantitative discipline
- At least 5 years of catastrophe modeling experience within the reinsurance industry
- Proficiency with at least one major catastrophe modeling platform: Verisk Touchstone, RMS RiskLink, or CoreLogic RQE
- Strong understanding of reinsurance principles, treaty structures, and underwriting practices
- Understanding of statistical concepts, including probability distributions, return periods, and extreme value theory
- Experience manipulating and analyzing data using SQL, R, or Python
- Excellent analytical, problem-solving, written, and verbal communication skills
- Ability to work independently and collaboratively as part of a team
- Experience with stochastic modeling tools such as MetaRisk or ReMetrica
- Experience with scripting or programming languages such as Python or VBA
- Experience with database management
Brown & Brown Insurance Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Brown & Brown Insurance and has not been reviewed or approved by Brown & Brown Insurance.
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Healthcare Strength — Healthcare offerings are broad, spanning medical/Rx, dental, vision, life, disability, and added programs alongside Lyra access with up to eight no‑cost coaching or therapy sessions for teammates and covered dependents. Breadth extends to fertility/adoption solutions, second‑opinion services, diabetes care, and Medicare advocacy.
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Retirement Support — The 401(k) program includes an employer match up to 4% (100% of the first 3% plus 50% of the next 2%) with immediate vesting. Savings support is positioned as a core element of the total‑rewards package.
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Equity Value & Accessibility — An Employee Stock Purchase Plan is available, and the company emphasizes an ownership mindset with a large share of teammates as shareholders. This creates accessible equity participation alongside retirement savings.
Brown & Brown Insurance Insights
What We Do
Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals. Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions. Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammates—not employees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work ®. Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play. With a long-standing history of proven success, Brown & Brown is one of the insurance industry’s most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO.
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