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UFG Insurance · 7 hours ago

CAT Modeling Analyst III

Cedar Rapids, IA

Full-time

Onsite

Senior Level

$103K/yr - $136K/yr

6+ years exp

UFG Insurance is seeking a CAT Modeling Analyst III to join their growing team. The role involves analyzing property data to assess catastrophe risk, preparing modeling data, and collaborating with management to develop pricing and risk management strategies.

Financial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Collaborate with data engineers and underwriters in gathering the data needed for catastrophe modeling as well as improving data accuracy and completeness; organize, scrub and prepare the data for model ready import files using valuation tools including SQL/Excel

Analyze the risks for data quality, accuracy, and completeness; provide recommendations to management to enhance decision-making

Run analyses using proprietary catastrophe model such as RMS, generate outputs to analyze the loss results and help determine the degree of risks of various perils

Support the underwriting and actuarial teams by interpreting the modeling outputs for growth and rate-making

Prepare analytical reports to understand the portfolio as well as concentration of risks

Assess catastrophe risk arising from direct and assumed business

Perform scenario modeling to analyze the impact of growth or reduction within the existing book

Support improvements efforts to increase consistency, efficiency, and compliance with internal standards

Stay well versed with the continuously changing catastrophe modeling industry and the models

Respond to real-time catastrophic events, prioritizing over all else by computing potential losses as soon as the data is received, and inform the outcome to senior management once computed

Effectively communicate information and results to a variety of technical and non-technical audiences across the organization

Qualification

Catastrophe modelingSQLExcelRMSTableauPower PointAnalytical skillsCommunication skillsProblem solvingTeamwork

Required

Bachelor's degree

6+ years of catastrophe modeling experience

Advanced proficiency with Excel, Power Point, SQL, Tableau

Advanced analytical, technical, problem solving, time management, critical thinking, and project execution skills

Strong verbal and written communication skills including the ability to effectively collaborate with multi-disciplinary groups and all organizational levels

Able to work independently and in a team environment

Strong Knowledge of catastrophe modeling software such as RMS and AIR

Preferred

Bachelor of Science degree in Mathematics, Data Science, Statistics, Computer Science, or related field

Either a minor concentration or additional degree in Meteorology

Possess, or working towards, an CCRA, CEEM, and/or ARe certification

Benefits

Annual incentive compensation

Medical, dental, vision & life insurance

Accident, critical Illness & short-term disability insurance

Retirement plans with employer contributions

Generous time-off program

Programs designed to support the employee well-being and financial security.

Company

UFG Insurance

The United Fire Group (UFG) companies join together to offer a range of property/casualty products.

Founded in 1946

Cedar Rapids, Iowa, USA

501-1000 employees

https://www.ufginsurance.com/

H1B Sponsorship

UFG Insurance has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (1)

2024 (1)

2023 (3)

2021 (3)