CAT Risk Analyst

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property – such as manufactured homes and specialty dwellings – and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can’t.

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day.  This position has a hybrid schedule, 40-50% of the time in the office in Amelia, OH. Remote working arrangements will be considered for qualified candidates in other geographical locations. 

American Modern Insurance Group is seeking a Catastrophe Risk Analyst to join our Portfolio Management and Reinsurance team. As a Catastrophe Risk Analyst, you will work on special projects and provide expert recommendations to support our business decisions. You will apply your analytical skills to catastrophe modeling, portfolio management, and other actuarial tasks to help us optimize our pricing, underwriting, and product development.

Responsibilities:

• Analyze and provide recommendations on catastrophe modeling, pricing, and portfolio optimization.
• Monitors and provides framework for accumulation management.
• Develops and maintains management reports.
• Contributes to the communication and coordination of activities to support corporate objectives.
• Develops and expands knowledge of relevant tools and technologies.
• Evaluates existing catastrophe risk models and recommends improvements.
• Conducts companywide studies to identify and quantify the catastrophe risk factors.
• Provides feedback and input into global catastrophe related projects.

Qualifications:

• At least two years of catastrophe modeling, pricing, and portfolio optimization as well as experience in data cleaning, data scrubbing using various tools and technologies.
• Bachelor’s degree in mathematics, statistics, actuarial science, economics or finance.
• Strong analytical and problem-solving skills, with the ability to use complex data to tell a story.
• Experience working in the insurance or finance industry, with a focus on catastrophe modeling and portfolio management.
• Ability to discuss catastrophe modeling concepts with non- experts. 
• Proficiency in SQL, Power BI, RiskLink and Excel.

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

• Two options for your health insurance plan (PPO or High Deductible).
• Prescription drug coverage (included in your health insurance plan).
• Vision and dental insurance plans.
• Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
• Short and Long Term Disability coverage.
• Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
• Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded.
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
• Eligibility to receive a yearly bonus as a Munich Re employee.
• A variety of health and wellness programs provided at no cost.
• Paid time off for eligible family care needs.
• Tuition assistance and educational achievement bonuses.
• A corporate matching gifts program that further enhances your charitable donation.
• Paid time off to volunteer in your community.

At American Modern, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services. 

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.