Senior Cat Modeling Analyst

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PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.

Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:

We are always looking for bright, proactive individuals to join our team!

PartnerRe is an equal opportunities employer.

Compensation and Benefits

The expected base salary range for this position, when hired into our Toronto location, is CAD $ 100,000 – $120,000per year. For positions based in other jurisdictions, compensation will be determined in alignment with local regulations, market benchmarks, and internal compensation frameworks.The above range reflects the typical base salary range for candidates hired into this position. The actual salary will vary depending on a number of factors, including job location, experience, qualifications, education/training, skills, market conditions, and alignment with the role’s requirements.

In addition to base salary, eligible employees may participate in our annual incentive program, payment under which is at the discretion of PartnerRe and subject to individual and company performance. Eligible employees also have the opportunity to participate in an array of benefits, including medical, dental and vision coverage, a health spending account, a defined contribution pension plan, life insurance, short- and long-term disability coverage, etc.

Working Arrangement

PartnerRe operates with a hybrid work approach that balances in‑office collaboration with the flexibility of remote work. Our employees are required to be in the office 3 days a week. Our goal is to create an environment where employees can connect, innovate, and perform at their best.

This position is for an existing vacancy within our organization.

PartnerRe is committed to an inclusive, accessible recruitment experience. Reasonable accommodations for candidates with disabilities are available upon request throughout the hiring process.

Job Summary:

Senior role in cat modelling team, with responsibility to perform timely, efficient, and high-quality cat modelling support to Underwriting, including transactional and portfolio analyses, exposure management, and post-event cat loss estimation.

About the role:

The core responsibility of the role is to perform timely, efficient, and high-quality catastrophe risk modeling to support the Underwriting, Actuarial, and Risk Management departments. Responsibilities include:

• Analysis of exposure data provided as input to the risk analyses, including data quality assessment (consistency and plausibility checks), data augmentation and data management.
• Processing of exposure data as needed to prepare the information for catastrophe modeling and reporting.
• Perform catastrophe risk analyses of reinsurance programs, including complex cases, review and verify results, and prepare the necessary reporting. Communicate and explain results to users of the information.
• Responsible for periodic catastrophe portfolio roll-ups for use in internal and external reporting, and post-event loss estimation.
• Lead internal projects in cat modeling and support the development of PartnerRe’s internal view of risk, including testing, sensitivity analyses and impact studies. Take ownership of selected cat modeling tools.
• Contribute to the maintenance of PartnerRe’s catastrophe modeling landscape and drive projects to further improve its efficiency, including maintenance and development of internal software tools.
• Provide training and guidance to junior staff.

Qualifications

• Strong analytical skills.
• Experience in application of RMS/Moody’s cat models to analyze complex insurance/reinsurance programs.
• Knowledge of SQL and ability to perform queries to analyze exposure and results information from RMS/Moody’s back-end tables.
• Good understanding of cat model methodologies and ability to examine and critically evaluate model assumptions.
• Ability to work with large data sets, analyze, process, visualize and communicate quantitative information.
• Knowledge of probability and statistics.
• Skilled in use of Microsoft Office products, including Excel, Word and PowerPoint.
• Programming ability in R, Python or other.
• Ability to work independently, and lead complex projects to successful completion effectively and efficiently.
• Good communication skills, with the ability to present complex technical subjects to varied audiences.
• Ability to prioritize and organize tasks under time and resource constraints.
• Strong interpersonal skills and ability to collaborate effectively with both local and remote team members.
• Creative, results oriented, strong problem-solving ability, self-driven.

Work Experience:

• 5+ years’ experience with catastrophe modeling and insurance / reinsurance.

Education:

• College degree in a quantitative field, such as natural science, engineering, or mathematics.

Additional Information

#LI-Hybrid:

PartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.

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