Catastrophe Modeler I
OLIVER WYMAN GROUP
Toronto, Ontario, Canada
21d ago

Description

Marsh& McLennan Companies is a global professional services firm providing advice and solutions in the areas of risk, strategy and human capital.

  • It is the parent company of a number of the world's leading risk experts and specialty consultants, including Marsh, the insurance broker and risk advisor;
  • Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of HR and related financial advice and services;
  • and Oliver Wyman, the management consultancy. With over 50,000 employees worldwide and annual revenue of approximately $10 billion, Marsh &
  • McLennan Companies provides analysis, advice and transactional capabilities to clients in more than 100 countries. Guy Carpenter is the world’s premier reinsurance intermediary and strategic advisor to leading insurance and reinsurance organizations, delivering integrated solutions through its industry-

    leading analytics and advisory services, highly specialized product knowledge and trading relationships with reinsurance markets around the world.

    Headquartered in New York City, Guy Carpenter has more than 2,300 employees in more than 50 locations worldwide. Guy Carpenter's GC Analytics unit has an unparalleled ability to help clients achieve a deeper, broader understanding of their risks.

    Our GC Analytics professionals apply a wide range of advanced modeling techniques - from sophisticated experience and exposure rating to advanced risk and simulation modeling to help clients profile risk for virtually any line of business against a wide spectrum of reinsurance options.

    Job Summary : Responsibilities : The candidate will be an integral member of Guy Carpenter’s North American catastrophe modeling team, positioned and working primarily with the team in Toronto servicing clients across Canada.

    This individual will work closely with brokers and other GC Analytics members to gather and assess clients’ catastrophe exposure data to best understand and proactively address the potential impact of natural and man-

    made catastrophes. The candidate will be responsible for managing catastrophe modeling projects from beginning to end and will have the opportunity to work with a diverse group of clients and contribute to a wide range of innovative catastrophe modeling initiatives.

    Responsibilities & Duties :

  • Collecting catastrophe exposure data for clients, assessing the data quality and ensuring the necessary assumptions are made for modeling the risks.
  • Preparing and analyzing data and modeling results for reinsurance renewals and portfolio management projects for clients.
  • Analyzing changes in exposures and the associated impact on catastrophe model results; and communicating the findings to account executives, clients and reinsurers.
  • Modeling the probability distributions of gross, ceded and net results using AIR, RMS and EQECAT vendor catastrophe model software in conjunction with proprietary software.
  • Analyzing how the distribution of results and relevant risk measures change as a result of the application of various reinsurance program alternatives.
  • Contribute to the development and refinement of proprietary catastrophe modeling and mapping tools.
  • Establishing and maintaining strong relationships with clients and colleagues.
  • Leading internal catastrophe modeling and GC Analytics projects and initiatives.
  • Qualifications

  • University degree in a quantitative discipline (e.g. mathematics, statistics or actuarial science) is required. An advanced degree would be desirable.
  • A minimum of 5 years of catastrophe modeling experience at a reinsurance broker, sophisticated re / insurer or may have gained experience at a leading catastrophe model software vendor.
  • An understanding of the re / insurance industry and product lines.
  • Technical expertise working with AIR and RMS catastrophe models.
  • Superior data management skills. This individual must have the ability to manipulate, interpret, and extrapolate complex data.
  • Strong communication and presentation skills. An ability to translate complex technical analysis and concepts into easily understandable terms for brokers and clients.
  • Strong project management skills with an ability to lead independently and prioritize one’s workload.
  • French language skills would be highly beneficial.
  • Superior analytical and problem-solving skills.
  • A collaborative, team-oriented individual.
  • Strong interpersonal skills.
  • Proactive; a desire and ability to lead internal initiatives and research projects to completion.
  • Strong attention to detail.
  • Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including : health and welfare, tuition assistance, pension, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs.

    For more information about our company, please visit us at : http : / / www.mmc.com / . We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients.

    For more information, please visit us at : www.mmc.com / diversity.

    Marsh & McLennan Companies and its Affiliates are EOE Minority / Female / Disability / Vet employers.

    Catastrophe Risk Services

    F - Full TimeMarsh & McLennan Companies and its Affiliatesare EOE Minority / Female / Disability / Vet / Sexual Orientation / Gender Identity employers.

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