Director, CAT Risk - Catastrophe Strategy/Analysis - Hartford, Connecticut, United States, 06101

Summary

The Catastrophe Strategy & Analysis group is seeking an experienced scientist to join our expanding CAT actuarial and analytics unit. You will be joining a group of dedicated professionals charged with leading Travelers to be able to endure catastrophic loss from natural and man-made perils. This position offers a unique opportunity to apply your scientific expertise to perform peril research, to support business strategy as it relates to climate change, and to provide technical and analytical support to evaluate weather and climate trends and improve meteorological best practices and standards. This role offers an excellent opportunity to develop an in-depth understanding of probabilistic catastrophe models, how catastrophe loss estimates are developed and used in planning, pricing, underwriting, and aggregation management, and how climate is incorporated into business strategy.

Primary Job Duties & Responsibilities

Gather data and analyze trends relating to weather and climate
Stay abreast of latest scientific research and summarize results
Perform catastrophe peril research, partnering with other subject matter experts
Participate in coordinated, real-time, event response
Identify ways to improve event response tools and capabilities
Implement calibrations of latest science and Travelers view of risk into models and business processes
Research identified emerging issues related to natural and man-made catastrophe perils (eg hurricane, severe thunderstorm, wildfire, and winter storm), which may include weather trends, climate related risks, and new science
Provide support for climate risk surveys
Identifies, selects and extracts relevant data from various internal and external sources. Completes analysis and presents recommendations to team members and manager
Assist with business and market result interpretation
Create and maintain collaborative relationships with business partners
Minimum Qualifications

5-10 years relevant analytics experience required
Advanced degree in STEM (science, technology, engineering, mathematics) or related discipline required, advanced degree in atmospheric science preferred
Education, Work Experience, & Knowledge

Intermediate knowledge of Microsoft suite, SQL, geospatial, statistical packages or other programs used to retrieve and analyze data preferred.
Intermediate knowledge of insurance concepts, coverage, products and operations preferred.
Job Specific Technical Skills & Competencies

Strong experience with at least one programming language required
Experience with FORTRAN, NCL, and Shell Scripting preferred
Experience with Linux/UNIX preferred
Intermediate knowledge of statistics
Intermediate knowledge of geospatial concepts and tools
Intermediate knowledge and understanding of catastrophe models
Intermediate knowledge of catastrophe model output and metrics
Experience with at least one of the leading vendor catastrophe models (eg RMS, AIR) a plus
Analytical and critical thinking: Ability to find ways to use available data sources to answer questions and solve problems. Ability to synthesize complex multivariate problems.
Communication: Ability to communicate scientific, mathematical, statistical, and financial concepts to non-technical audiences. This position offers high visibility and opportunities for interaction with senior management.
Accountability: Takes ownership and responsibility for actions and outcomes, performance and results
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.
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.