Modeling Jobs in Toronto, ON

AVP, Catastrophe Modeling

Department : Catastrophe Modeling

Location : Toronto, ON

Company Information

Acrisure Re is an independent global reinsurance broker with a reputation for placing reinsurance programs covering complex and technical books of business. Founded in Toronto more than 25 years ago we are one of the few reinsurance brokers that work on Global reinsurance placements.

We act as a team to deliver success to our clients and to enable talent to thrive and develop. Innovation and creativity help us stand apart and underpin our growth. We empower our people and expect accountability and responsibility in turn, with ethics a critical component of everything we do.

About the Role

The position is for lead catastrophe modeler for the Canadian portfolio. The Primary responsibilities of the role include catastrophe modeling natural perils for varying property (re)insurance portfolios using leading commercially available vendor models.

Modeled portfolios will be diverse in nature and span the gamut from small regionals and MGA portfolios to large specialty carriers with complex multinational layered and shared portfolios.

The modeler will be the lead contact for broking team and Canadian clients, providing support where needed.

Essential Responsibilities

The role involves managing the entire life-cycle of multiple catastrophe modeling projects to support brokers and actuaries service (re)insurance renewals and production of new (re)insurance opportunities and include :

Preparation and review of exposure data including assessing data quality

Processing of exposure data as needed for catastrophe modeling purposes

Execution of catastrophe modeling and extraction and interpretation of results

Creation of various reports summarizing exposures and catastrophe modeling results

Post-catastrophe modeling analytics (e.g. reinsurance structure pricing, reinsurance cost allocation, portfolio optimization)

The role requires a deep understanding of how the underlying catastrophe models are created and operate, the cause and effect between varying inputs and resultant output and the ability to investigate and explain modeling results.

Competencies

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.

Skills, Experience, and Education

Extensive catastrophe modeling experience using RMS and AIR, preferably at a (re)insurance intermediary or (re)insurer

5-7 years of experience

Experience modeling US and international perils

Bachelor's Degree or higher degree, preferably with a STEM and / or actuarial major

Excellent written and communication skills with the ability to present complex technical subjects both internally and externally to varied audiences

Ability to prioritize and organize tasks under time and resource constraints

Strong understanding of relational databases and associated structured query language (“SQL”) skills

Strong Microsoft Office skills especially Excel

Proficiency in programming using R, Python, or other comparable language

Familiarity of personal and commercial lines insurance including policy forms and conditions

Familiarity with data visualization tools

Some knowledge of probability and statistics

Strong interpersonal skills

What's in it for you?

Competitive salary

Pension

Holiday

Private medical care

Our Ethos

Acrisure prides itself in achieving greatness through its people. We are a flat structure organization that see the person behind the position. It's up to you to shape your career but we provide you with every tool that we can to help you get there.

We believe teams and solutions are made stronger through different perspectives, which is why we're committed to a culture of equality, diversity and inclusion.

At Acrisure we are committed to developing our people as we believe that investing in our employees is critical not only for their individual success but the success of the organization. Through The Acrisure Academy (our learning system) we offer a variety of tailored courses and learning programs to enhance your skills and foster a culture of innovation. Additionally, we also offer ongoing professional development resources, coaching, and mentoring … by growing our people, we grow our business!

We are not partnering with agencies on any roles unless specified by the Talent Acquisition Team. Please do not send any unsolicited emails or InMail's with resumes / CV's as they will not be accepted or credited.

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