Sr Consultant, CAT Risk

The Travelers Companies Hartford, CT
Primary Job Duties & Responsibilities

Develops general knowledge of catastrophe risk evaluation. Provide quantitative and analytic support for reporting and modeling including interpreting results. Develops and analyzes catastrophe loss estimates by using proprietary models and tools. Intermediate knowledge of Enterprise CAT Informational Technology platforms and Business Intelligence tools. Analyzes policyholder/reinsurance coverage and interprets impact to catastrophe results Independently reports on risk/reward metrics. Analyzes and provides recommendations using analysis and interpretation of data and trends. Perform catastrophe peril research, and analyzes results partnering with subject matter experts. Implement and review calibrations of latest science and Travelers view of risk into models and business processes. Interprets business and market results. Interprets and summarizes impacted coverages and analyzes impacted exposures. Creates and maintains collaborative relationships with business partners. Identify & monitor emerging issues related to natural and man-made catastrophe perils, which may include weather trends, climate related risks, cyber and new science. Assist with quantifying impact of potential legislative and regulatory actions. Support completion of timely and accurate responses to regulatory inquiries. Recommends, identifies, selects and extracts relevant data from various internal and external sources. Suggests possible analytic/quantitative approaches. Completes analysis and presents recommendations to team members and may present to business partners. Perform other duties as assigned.

Job Specific & Technical Skills & Competencies

Intermediate knowledge and understanding of Catastrophe Risk Modeling components. Intermediate understanding of model output and metrics. Accountability: Takes ownership and responsibility for actions and outcomes, performance and results. Analytical Thinking: Identifies current or future problems or opportunities, analyzes, synthesizes and compares information to understand issues, identifies cause/effect relationships and explores alternative solutions to support sound decision making. Change Management/Resilience: Remains energized and focused in the face of ambiguity, change or strenuous demands. Communication: Demonstrates effective verbal, written and listening communication skills. Customer Focus: Provides service excellence to internal or external clients. Judgment/Decision Making: Exercises sound judgment, makes decisions and commits to a position. Leveraging Differences: Works with and includes people from different backgrounds, experiences, cultures, races, etc. and views those differences as assets to be leveraged to accomplish business goals and objectives. Relationship Management: Seeks out, builds, fosters and maintains productive relationships, networks or alliances to meet goals and achieve results. Teamwork: Works together in situations when actions are interdependent and a team is mutually responsible to produce a result.

Job Summary

This position in Select Accounts (Business Insurance) will develop data and perform business analysis that supports the Small Commercial CAT Management & Property Underwriting Team in their efforts to develop and/or adjust line of business CAT strategies that enable profitable growth. This role provides technical, analytic and research support of product, pricing, CAT metrics, and growth at a countrywide, regional, and state level to evaluate catastrophe risk and manage achievement of risk reward tolerances. This position will collaborate closely with Product Management, Small Commercial Analytics, National Property, and Enterprise CAT to formulate and implement CAT underwriting strategies across Small Commercial. This job does not manage others. This job works under General Supervision; Incumbent independently performs a variety of duties, including potentially complex duties within established policy guidelines; responsible for a defined set of assignments; is expected to set priorities and meet specific goals and objectives of the function.

Education, Work Experience & Knowledge

G-Bachelor's Level Degree Bachelors Degree in STEM (Science, Technology, Engineering, Mathematics) or Business preferred. 3 years relevant catastrophe modeling experience preferred. Intermediate knowledge of Microsoft suite, SQL, geospatial, statistical packages or other programs used to retrieve and analyze data preferred. Basic knowledge of insurance concepts, coverage, products and operations preferred.

Physical Requirements

Operates standard office equipment - Continuously Sitting (Can stand at will) - Frequently Standing - Occasionally Use of Keyboards, Sporadic 10-Key - Frequently

Minimum Qualifications

2 years relevant analytics experience required.