Risk Analyst - Catastrophe Modeling (Hybrid)

Intact Insurance Specialty Solutions • Boston, MA

1d • $71,000 - $155,000 • Hybrid

About The Position

Our employees are at the heart of what we do: helping people, businesses and
society prosper in good times and be resilient in bad times. When you join our
team, you are bringing this purpose to life alongside a passionate community.

Feel empowered to learn and grow while being valued for who you are. At Intact,
we commit to supporting you in reaching your goals with tools, opportunities,
and flexibility. It’s our promise to you. 

Who we are

At Intact Insurance Specialty Solutions, we are experts at what we do in
protecting what makes businesses unique. Our deep understanding of the specialty
insurance market is the foundation for our customized solutions, backed by
targeted risk control and claims services. Our employees are passionate about
providing insurance coverage that’s aligned to our targeted customer groups.

Intact’s Global Specialty Lines business spans across more than 20 verticals in
four distinct markets: U.S., Canada, UK and Europe. The following opportunity is
for our U.S. team.

The opportunity

We currently have an opportunity for a Risk Analyst to join our Risk Management
team based in our Plymouth, MN or Boston, MA office on a hybrid schedule. The
Risk Analyst collects, manipulates, and analyzes moderately complex exposure
data for use in catastrophe modeling and exposure examination to support risk
management, underwriting, reinsurance, and actuarial objectives. Uses
catastrophe modeling software, SQL, and exposure tools to analyze corporate risk
levels. Some of the Risk Analyst responsibilities include but are not limited
to:

Requirements

• Bachelor’s degree.
• 0-6 years of experience or equivalent education/experience.
• Prior insurance experience in areas such as actuarial, science, engineering, finance, underwriting or reinsurance.

Responsibilities

• Analyzes company insured location exposure data in catastrophe models which simulate extreme natural and man-made events to calculate expected losses at various perspectives and probability intervals.
• Extracts and summarizes model output. Creates reports and exhibits for corporate risk management, business leaders and other stakeholders to communicate model results and associated trends.
• Build and maintain exposure data capture and manipulation processes using SQL coding, spreadsheets, and other database tools.
• Supports the validation, update, and enhancement of proprietary catastrophe risk and exposure tools.
• Extracts and prepares data from corporate premium and loss systems to build exposure profiles, loss reports, and related exhibits in supporting the reinsurance department treaty placements and ongoing initiatives.
• Assists in reporting of catastrophe loss estimates and exposure data externally to rating agencies, regulatory authorities, and other external entities.
• Participates in ad-hoc projects involving catastrophe modeling, exposure profiling, or providing catastrophe risk guidance as needed.

Benefits

• Comprehensive medical, dental and vision insurance with no waiting period
• Competitive paid time off programs
• 401(k) savings and annual contributions of up to 12% of annual salary
• Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level