Senior Catastrophe Modeling Analyst (Earthquake)

Reposted 10 Days Ago
Be an Early Applicant
Boston, MA, USA
In-Office
118K-135K Annually
Senior level
Financial Services
The Role
Lead validation and development of catastrophe (earthquake) models and datasets, run and sensitivity-test models to quantify financial impact, translate scientific research into business practices, evaluate third-party data, and deliver findings to senior stakeholders across underwriting and actuarial teams.
Summary Generated by Built In

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Job Summary:

The Arch Catastrophe Analytics team is looking to add a Senior Catastrophe Research Analyst to our dynamic and growing team. This role would work closely with senior leadership, underwriters and actuarial teams across Arch Insurance to develop solutions for natural and man-made catastrophes. Team members will have high level of visibility while delivering project outputs directly to C-suite members. Candidates should be self-starters, with strong data skills who are looking to be creative and ready to take on any task put in front of them.

Primary Responsibilities:

  • Perform validation of hazard and vulnerability components of the major peril models and evaluate new models and datasets

  • Examine model version change

  • Develop the Arch View of Risk framework for use across the organization

  • Evaluate 3rd party data and develop standards for use across business units

  • Lead catastrophe model validation projects on geophysical peril and support the team with other perils

  • Run catastrophe models to quantify risk and financial impact

  • Perform sensitivity testing and collaborate with research partners to validate and enhance modelling solutions

  • Translate external scientific research into business-impacting practices

Required Qualifications:

  • University degree in seismology / earthquake / civil engineering or a similar discipline

  • 5+ years of catastrophe modeling experience

  • Expertise in at least one catastrophe model vendor platforms (such as RMS, Verisk, KCC)

  • Excellent verbal and written communication skills, including a proven track record of communicating effectively with stakeholders at various levels, with technical and non-technical backgrounds

  • Strong technical problem-solving skills and the ability to interpret modelled loss estimates

  • Proficiency with Microsoft Office, SQL

  • Knowledge of one programming language (such as Python, R Studio)

  • Self-motivated with capability to work in a team, or independently, and ability to prioritize tasks

 Preferred Qualifications:

  • Grad level degree in in seismology / earthquake / civil engineering or a similar discipline

  • Experience with Python, R Studio and geospatial tools (ESRI/QGIS)

  • Knowledge of commercial (re)insurance terms

  • Knowledge of Global Earthquake Model (GEM)

Estimated Travel up to 10%

Locations: USA Remote (EST working hours required)

#LI-LH1

#LI-REMOTE

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$118,000 - $135,000 /yr

  • Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

  • Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

     

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

10200 Arch Capital Services LLC

Top Skills

Esri
Global Earthquake Model (Gem)
Kcc
MS Office
Python
Qgis
R Studio
Rms
SQL
Verisk
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The Company
HQ: White Plains, NY
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital. ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

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