EVEREST REINSURANCE CO Senior Catastrophe Modeler in New York, New York
Title: Senior Catastrophe Modeler Company: Everest Insurance Company Job Category: Analytics Job Description: It's an exciting time for Everest Re Group, Ltd. ("Everest")! As we continue on our journey, we see significant opportunity ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets. Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people. At Everest, we are committed to the development of our people. We offer dynamic training & professional development to our employees. You will benefit from career development and learning opportunities that will let you set career goals and fulfill them, including: • Generous tuition/continuing education reimbursement • Mentoring opportunities • Flexible work arrangements • Talent development initiatives • Networking groups Everest is a growth company with $10.5 Billion of Gross Written Premium offering Property, Casualty and specialty products among others, through its various operating subsidiaries located in key markets around the world. Everest has been a global leader in reinsurance with a broad footprint, deep client relationships, underwriting excellence, responsive service and customized solutions. Our insurance arm draws upon impressive global resources and financial strength to tailor each policy to meet the individual needs of our customers. Our financial strength is evident in Financial Agency Ratings of: A+ A. M. Best, A+ S&P Global and A1 Moody's Investor Service. We are a market leader for our broad diversified income streams, strong underlying underwriting performance with reduced volatility and strong cash flow. We take pride in being known in the industry as nimble, entrepreneurial and responsive. Job Description: The Catastrophe & Exposure Management department of Everest Insurance, a member of the Everest Group, Ltd. is looking for an experienced catastrophe management professional to fill the Senior Catastrophe Modeler position. Working alongside a team of highly trained Catastrophe Modelers, you will provide catastrophe risk assessment to help guide underwriting decisions on our Commercial Property insurance business, supporting Everest's diversified profitable growth goals. Responsibilities include but not limited to: - Provide catastrophe risk assessment to underwriters - Review data provided by broker and client for data quality assessment (data cleansing) - Supplement additional data to provide better risk assessment of the exposure (data augmentation) - Leverage catastrophe modeling models and other analytical tools to provide timely risk assessment to underwriters; identify key risk drivers and suggest mitigation strategies with underwriters - Research, develop, and present critical insights and new ways to understand the portfolio in addition to pre-existing measurements and techniques. - Enhance our ability to capture and report on exposure information; Improve existing automation tools and build new automations between systems and other existing tools. - Assist senior leaders with the evaluation of new CAT market opportunities and emerging technologies, including new insurance programs, underwriting strategy, models, and software tools. Work Experience & Qualifications: - 3-5 years or more of P&C experience in adjacent roles, working in catastrophe modeling function in Insurance/Reinsurance - Demonstrable rock-solid programming experience. Must be able to write SQL fluently. - A history of using Python, C#, or other languages to automate data flow and workflow processes across multiple enterprise products. - Excellent oral and written communication skills with experience explaining complex technical and analytical concepts to business colleagues and senior management. - Excellent problem solver: apply logic and reasoning to identify pros/cons of possible solutions, think through all angles and future implications when making decisions. - Bachelor's degree in STEM majors, finance, economics, or business. FOR NYC ONLY: The base salary range for this position is $100,000-$130,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. #LI-Hybrid #LI-CK1 Type: Regular Time Type: Full time Primary Location: Warren, NJ Additional Locations: Boston, MA, New York, NY As an effective team member, employees at Everest Insurance must champion the Everest Insurance Culture: • Collaboration: Open and transparent communication with customers and colleagues • Thoughtful Assumption of Risk: Supporting the Everest goal of carefully writing profitable business by ensuring data quality, prompt and accurate feedback to Underwriters, and operational control throughout the enterprise. • Execution: Delivering outstanding support to the organization through strong day-to-day business operations, effective project management, and careful oversight of vendors. • Humility: Caring and respectful approach to service colleagues, customers, and the community. • Leadership: By example, every day.