Catastrophe Modeling Analyst

Liberty Mutual
Boston, MA Full Time
POSTED ON 5/6/2024
Pay Philosophy

The typical starting salary range ($75,000 - $95,000) for this role is determined by a number of factors including skills, experience, education, certifications and location. The full salary range for this role reflects the competitive labor market value for all employees in these positions across the national market and provides an opportunity to progress as employees grow and develop within the role. Some roles at Liberty Mutual have a corresponding compensation plan which may include commission and/or bonus earnings at rates that vary based on multiple factors set forth in the compensation plan for the role.


Description

**This position may have hybrid in-office requirements depending on candidate location.

Compensation determined based on candidate’s geographic location, overall experience, and skill level.**


The Catastrophe Management Analyst is responsible for the collection, modeling and quality assurance of the data used to assess vulnerability to natural and man-made catastrophic events. This role will also contribute to the development of risk management tools, data models, and processes needed to monitor and control our exposure to these events.


Responsibilities:

  • Accurately collect and monitor data on a regular basis, reviewing for inconsistencies and errors to ensure data integrity.
  • Utilize CAT Management (Verisk)and data modeling software tools.
  • Prepare complex analyses and present findings to management. Work with the team to create standard reports to keep management informed of current exposure cumulations and forecasts of future risk.
  • Develops ad-hoc reporting as required.
  • Effectively interact with CAT management team members, business analysts and any other clients to ensure data quality. Provides technical assistance as needed.
  • Work with SBU CAT Management teams and Product Line Managers to ensure the efficiency and accuracy of the data collection process.
  • Identify opportunities for efficiencies and improvements to processes, controls and technology systems related to CAT Management.
  • Assist with development and implementation of recommended improvements.
  • Proactively share knowledge in catastrophe related areas, creating learning experiences and fostering collaboration within the department.
Qualifications
  • Bachelor’s degree in Computer Science, Mathematics, Finance/General Business, Engineering or similar
  • 2-3 years’ experience with one or more vendor catastrophe models (RMS, AIR)
  • Familiarity with insurance / reinsurance conditions
  • Excellent quantitative and analytical abilities with theoretical knowledge of data mining and/or statistical techniques is preferred
  • Strong analytical and problem-solving skills with great attention to detail.
  • Proficient with Microsoft Office Suite of applications and SQL
  • Excellent communication and presentation skills, with the ability to convey complex technical concepts to non-technical audiences
  • Detail-oriented with a commitment to accuracy and quality in work output.
  • Ability to work independently as well as collaboratively in a fast-paced environment
About Us

At Liberty Mutual, our purpose is to help people embrace today and confidently pursue tomorrow. That's why we provide an environment focused on openness, inclusion, trust and respect. Here, you'll discover our expansive range of roles, and a workplace where we aim to help turn your passion into a rewarding profession.

Liberty Mutual has proudly been recognized as a "Great Place to Work" by Great Place to Work® US for the past several years. We were also selected as one of the "100 Best Places to Work in IT" on IDG's Insider Pro and Computerworld's 2020 list. For many years running, we have been named by Forbes as one of America's Best Employers for Women and one of America's Best Employers for New Graduates as well as one of America's Best Employers for Diversity. To learn more about our commitment to diversity and inclusion please visit: https://jobs.libertymutualgroup.com/diversity-inclusion

We value your hard work, integrity and commitment to make things better, and we put people first by offering you benefits that support your life and well-being. To learn more about our benefit offerings please visit: https://LMI.co/Benefits

Liberty Mutual is an equal opportunity employer. We will not tolerate discrimination on the basis of race, color, national origin, sex, sexual orientation, gender identity, religion, age, disability, veteran's status, pregnancy, genetic information or on any basis prohibited by federal, state or local law.

Salary.com Estimation for Catastrophe Modeling Analyst in Boston, MA
$78,538 to $103,395
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