Central Insurance · 16 hours ago
CAT Modeling Analyst
Van Wert, OH
Full-time
Hybrid
Mid, Senior Level
4+ years expCentral Insurance is a company focused on delivering best-in-class customer service and innovation in the industry. They are seeking a CAT Modeling Analyst to assist in building their first Catastrophe modeling program, working closely with various teams to improve data quality and risk insight delivery.
AppsAuto InsuranceBuilding MaterialCommercial InsuranceFinanceFinancial ServicesFinTechInsurTechMobile AppsProperty Insurance
No H1B
U.S. Citizen Only
Responsibilities
Gather, validate, and reconcile exposure data across assigned lines of business (e.g., property, casualty, and specialty lines), ensuring data quality and consistency across underwriting, policy, and financial systems
Act as the subject matter expert for catastrophe model interpretation and decision making
Ensure modeled results are transparent, repeatable, and reliable, with clear documentation of inputs, assumptions, and outputs
Own full lifecycle execution of the enterprise catastrophe models using internally licensed commercially available software to produce loss distributions and derived risk metrics such as AAL, OEP/AEP curves and return period loss estimates
Document model assumptions, limitations, methodologies, and version changes; assess and communicate the impact of model updates on portfolio results
Interpret and highlight key exposures, loss drivers, and sources of uncertainty, translating results into clear, actionable insights
Analyze catastrophe modeling results in the context of reinsurance structures and purchases, supporting reinsurance optimization and renewal discussions
Provide decision-support analytics to inform risk appetite, portfolio management, and capital allocation decisions by translating complex modeling results into actionable recommendations that influence strategy
Independently communicate results and strategic recommendations to department and executive leadership through written reports, presentations, and stakeholder discussions
Present information to internal and external stakeholders, including regulators and rating agencies
Support the Risk Committee and Investment Committee as needed
Collaborate closely with Finance, Underwriting, Actuarial, Risk, Data Science, and IT teams to improve data quality, modeling effectiveness, and risk insight delivery
Translate enterprise model outputs into practical insights at the underwriting desk level to improve risk selection and decisioning
Create enabling materials (playbooks, office hours, training sessions, explainers) that make catastrophe concepts accessible and actionable
Serve as the primary owner of model version control and the formal change-management process for transitions between model versions
Provide thought leadership and mentoring to team members supporting catastrophe modeling and analytics
Qualification
Required
Master's degree in Finance, Risk Management, Economics, Analytics, Mathematics, Meteorology or a related quantitative field and 4 years' experience in catastrophe model deployment, validation, or governance
Or Bachelors degree in Finance, Risk Management, Economics, Analytics, Mathematics, Meteorology or a related quantitative field and 6 years' experience in catastrophe model deployment, validation, or governance
Or 8 years in experience in statistics, mathematics, or quantitative analytics
Preferred
Experience using commercial catastrophe modeling platforms (RMS preferably), including hazard, vulnerability, and financial modules
Experience in catastrophe model development
Understanding of reinsurance structures and analytics, including treaty and facultative arrangements
Exposure to regulatory, rating agency, or reinsurance partner analytics and reporting
Certified Catastrophe Risk Management (CCRMP) or Certified Specialist in Catastrophe Risk (CSCR) credentials
Benefits
Extensive health and wellness benefits to promote flexibility, work-life balance, and long-term financial security
Company
Central Insurance
Since our beginning in 1876, Central Insurance has evolved into a successful property and casualty group operating on a strong foundation of core values including Integrity in the way we operate our business; Relationships we develop working as a team and sharing in each others’ successes; and Excellence achieved by never compromising on quality, providing superior performance, and pursuing continual improvements.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Evan Purmort
CEO & President
Jessica Seymour, CPCU, ARe
Chief Financial Officer
Company data provided by crunchbase