Allianz Commercial ยท 10 hours ago
CAT Risk Analyst
Chicago, IL
Full-time
Hybrid
Mid Level
$70K/yr - $90K/yrAllianz Commercial is a leader in providing CAT analytics and accumulation management solutions. The CAT Risk Analyst will identify and quantify major accumulation risks, applying catastrophe modelling techniques to support financial solvency and project delivery.
Insurance
No H1B
Responsibilities
Running catastrophe loss modelling software (natural perils and terrorism) and prepare data extracts and reports for the monitoring of Allianz Commercial global loss potential, including portfolio analyses, CAT limit monitoring (Allianz Group and Allianz Commercial internal limits), supporting global business steering and providing input to ensure adequate reinsurance protection
Defining scope, agreeing on timeframes and executing deliverables with internal and external clients
Providing on the spot consultancy and translating/explaining CAT Modeling results and reports to users in CxO
Collaborating with CUO LOBs and other relevant functions (Actuarial, Risk Management, Reinsurance, CAT Capacity Steering Desk - CCSD, ARC, Claims, etc.) to support business steering and portfolio management, Solvency II requirements, Reinsurance renewals and Data Quality improvements
Driving innovation and change through managing the evaluation process relating to modelling upgrades, GIS applications and other vendor catastrophe loss modelling software, including technical and portfolio impact analyses and completing documentations
Qualification
Required
Professional insurance and/or reinsurance experience
Understanding of underwriting practice for industrial risks and corporate business on a global basis
Practical experience and familiarity with multiple vendor tools
Catastrophe Modeling and Catastrophe Modeling Software experience (RMS, AIR, EQECAT) and GIS (Geographical Information Systems) applications
Experience with SQL and Python
Project management experience
Excellent verbal and written communications skills with an ability to communicate with a variety of people across the organization
Ability to deliver results and drive innovation and change
Ability to utilize AI tools to support day-to-day tasks, improve efficiency and contribute to data-driven decision making
Degree preferably in Geosciences, Engineering or Mathematics, or other quantitative discipline
Benefits
Annual performance-based cash incentive awards
Generous bonus scheme
Pension
Private healthcare
Generous parental leave benefits
Flexible working
Company
Allianz Commercial
Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jennifer Partyka
Head of Cost Controlling CxO ex COO
Christina Hager
Sr. HR Business Partner
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