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Catastrophe Risk Modeling Specialist

Job in Elgin, Kane County, Illinois, 60122, USA
Listing for: Jobtailor
Full Time position
Listed on 2026-08-16
Job specializations:
  • Insurance
    Underwriter
Salary/Wage Range or Industry Benchmark: 90000 - 130000 USD Yearly USD 90000.00 130000.00 YEAR
Job Description & How to Apply Below
  • Perform account-level property catastrophe modeling and assist underwriters with day-to-day requests
  • Review and validate high-impact account modeling results and support initiatives to improve modeling efficiency
  • Identify and monitor aggregate exposures to mitigate potential losses from hurricanes, earthquakes, wildfires, and other extreme events
  • Track and analyze underwriting data to manage the property portfolio
  • Maintain data quality through regular file and portfolio reviews and completion of QC checklists
  • Collaborate with underwriting, reinsurance, and management teams to implement best practices for data integrity
  • Provide modeling support for field underwriters and resolve related issues
  • Deliver data and modeling results for Ceded Re, Actuarial, and Finance teams
  • Complete ad hoc projects as needed
  • Support monthly and quarterly modeling processes
  • Assist in developing internal and external training programs related to catastrophe management
  • Enhance reporting capabilities and create new reports for senior leadership
Requirements
  • 2–3 years of experience in catastrophe modeling, preferably in commercial lines with portfolio modeling focus
  • Proficiency in Verisk CAT modeling
  • Moody’s experience is a plus
  • Strong understanding of commercial property insurance terms
  • Ability to accurately model complex structures
  • Advanced skills in Excel and SQL
  • Experience with Python, VBA, or R is beneficial
  • Excellent communication skills to present complex analyses to business stakeholders
  • Highly organized with attention to detail
  • Ability to manage multiple priorities and deliver high-quality work on time
  • Bachelor’s degree in a quantitative field such as mathematics, data science, computer science, or physical sciences
Core Competencies

Demonstrates expertise in catastrophe modeling with a focus on commercial property insurance, utilizing advanced analytical skills in Excel, SQL, and Verisk CAT modeling. Capable of delivering high-quality modeling results and collaborating effectively with underwriting and management teams.

Highest-signal resume keywords
  • Catastrophe Modeling
  • Verisk CAT Modeling
  • Advanced Excel Skills
  • SQL Proficiency
  • Commercial Property Insurance Knowledge
ATS Optimization Keywords Hard Skills
  • Catastrophe Modeling
  • Verisk CAT Modeling
  • Advanced Excel Skills
  • SQL Proficiency
  • Python
  • VBA
  • R
  • Data Analysis
  • Portfolio Modeling
  • Data Quality Management
Soft Skills
  • Excellent Communication Skills
  • Highly Organized
  • Attention to Detail
  • Ability to Manage Multiple Priorities
  • Collaboration
Industry Keywords
  • Commercial Property Insurance
  • Catastrophe Management
  • Underwriting
  • Reinsurance
  • Data Integrity
Tools & Technologies
  • Verisk CAT
  • Moody’s
  • Excel
  • SQL
  • Python
  • VBA
  • R
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