Catastrophe Risk Specialist - Remote Opportunity
About the Role
We are seeking a dedicated and experienced Catastrophe Risk Specialist to join our team at Wawanesa Mutual Insurance. This remote opportunity allows you to work in a hybrid environment, balancing in-office and remote work. As a Catastrophe Risk Specialist, you will play a crucial role in the analytics and modeling capabilities within our Catastrophe Risk Management team.
What You'll Do
- Develop and calibrate catastrophe perils using industry-standard software (e.g., RMS, VERISK).
- Analyze historical data, scientific research, and insurance claims to enhance model accuracy.
- Collaborate with actuaries, underwriters, and analysts to understand risk exposures and manage exposure accumulations.
- Interpret model outputs and assumptions from multiple models to help form a view of risk.
- Coordinate with risk management partners for the independent review of model performance, documentation, and validation.
- Conduct sensitivity analysis and scenario testing to evaluate the impact of different variables on risk assessments.
- Proactively share knowledge in catastrophe-related areas, creating learning experiences and fostering teamwork.
- Communicate findings and recommendations to stakeholders through reports, presentations, and technical documentation.
Requirements
- Bachelor’s degree in mathematics, statistics, actuarial science, atmospheric science, geospatial science, or a related field.
- 3+ years of experience in a catastrophe modeling role using RMS and/or AIR Verisk.
- Proficiency in catastrophe modeling software and programming languages such as R, SQL, or similar for data manipulation and modeling.
- Strong analytical skills with a deep understanding of risk assessment and modeling techniques.
- Excellent communication and presentation skills, with the ability to translate complex technical concepts to non-technical stakeholders.
- Experience in insurance, reinsurance, catastrophe model development, catastrophe risk pricing, or risk management is an asset.
- Certification or coursework in catastrophe modeling, risk management (e.g., CPCU, ARe) or actuarial exams is a plus.
Nice to Have
- Experience with advanced statistical analysis tools.
- Knowledge of regulatory requirements in catastrophe modeling.
- Familiarity with climate change impacts on risk assessment.
What We Offer
- Competitive salary range of $85,000 - $115,000 CAD.
- Annual bonus plan and leave of absence top-up programs.
- Generous vacation time and personal days.
- Premium-free benefits and pension plan.
- Flexible hybrid work environment with the option to work from various locations across Canada.
- Commitment to Diversity, Equity, Inclusion, and Belonging (DEIB).
- Support for professional development and career advancement.
This Catastrophe Risk Specialist role at Wawanesa offers a competitive salary and a flexible hybrid work environment, making it an attractive opportunity for professionals in risk management.
Who Will Succeed Here
Proficient in utilizing RMS and AIR Verisk platforms for catastrophe modeling, with a strong grasp of statistical analysis techniques in R and SQL for data manipulation and risk assessment.
Adaptable and self-motivated in a hybrid work environment, demonstrating effective time management and the ability to collaborate with cross-functional teams while working remotely.
Analytical mindset with at least 3-5 years of experience in catastrophe risk management, capable of translating complex data insights into actionable strategies for risk mitigation.
Learning Resources
Career Path
Market Overview
Skills & Requirements
Domain Trends
Industry News
Loading latest industry news...
Finding relevant articles from the last 6 months