Job Information
The Hartford Senior CAT Modeler in Hartford, Connecticut
Risk Manager - KR07AEDir Risk Management - KR06AE
We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.
Senior CAT Modeler
At The Hartford, we're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your personal goals as well as help others to accomplish theirs. Join our team as we help shape the future.
The Enterprise Risk Management (ERM) department is responsible for exposure management, reporting, pricing, modeling and portfolio aggregation for enterprise catastrophe and other systemic risks. The Catastrophe Applied Research team is responsible for establishing the view of risk across all CAT perils through exposure data assessment, evaluation of vendor catastrophe models, development of internal models, claims analysis and other research activities.
The Senior CAT Modeler will have the responsibility of supporting vendor catastrophe model evaluation and calibration, in addition to leading various applied research projects that vary based on business needs. Applied research projects may include post-event claims deep dives, developing pricing solutions for non-modeled risks, developing concentration models, or producing blog posts and whitepapers on current climate topics. Explaining the models to the underwriters and business leaders, answering their questions and working closely with the business teams to understand potential challenges, is also a key part of this role.
Ideal Senior CAT Modeler has a Ph.D. in climate sciences or seismology with strong research/model building experience combined with knowledge of commonly used catastrophe models such as AIR and/or RMS. This position will work closely with internal Risk Officers, business leaders, underwriting leaders and our executive team providing critical insights and analysis shaping risk policy and business strategies across the enterprise.
This role will have a Hybrid work arrangement, with the expectation of working in the Hartford, CT office 3 days a week (Tuesday through Thursday).
Responsibilities
Play a key role in natural peril, pandemic, and terrorism modeling and view of risk decisions
Evaluate and communicate model changes made by the vendor models or internal model assumptions and data updates
Assist with the development of our internal view of risk, including hazard scoring
Develop solutions to address model weaknesses if required to better align with internally developed, enterprise-wide view of risk
Develop internal models to price non-standard catastrophe exposures
Communicate model changes to business leaders in Underwriting, Product, and Actuarial
Use SQL and Tableau to summarize and visualize data and develop concentration models
Support research requests by business segments and executive leadership
Qualifications
PhD or other advanced degree in meteorology, hydrology, seismology, or related field required
5+ years of work experience related to catastrophe risk management and modeling
Strong analytical and technical skills; proficiency in SQL, R, or other coding languages a plus
Experience working with commonly used catastrophe models including AIR and/or RMS
Excellent communication and presentation skills
Compensation
The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:
111,120 - 166,680
The posted salary range reflects our ability to hire at different position titles and levels depending on background and experience.
Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age
About Us (https://www.thehartford.com/about-us) | Culture & Employee Insights (https://www.thehartford.com/careers/employee-stories) | Diversity, Equity and Inclusion (https://www.thehartford.com/about-us/corporate-diversity) | Benefits (https://www.thehartford.com/careers/benefits)
Human achievement is at the heart of what we do.
We believe that with the right encouragement and support, people are capable of achieving amazing things.
We put our belief into action by ensuring individuals and businesses are well protected, and by going even further – making an impact in ways that go beyond an insurance policy.
Nearly 19,000 employees use their unique talents in careers that span a variety of disciplines – from developing the latest technology to creating and promoting our products to evaluating future financial risks.
We’re also committed to programs that drive education and support volunteerism, which put human beings first. We do it because it’s the right thing to do, and because when our customers, communities and employees succeed, we all do.
About Us (https://www.thehartford.com/about-us)
Culture & Employee Insights (https://www.thehartford.com/careers/employee-stories)
Diversity, Equity and Inclusion (https://www.thehartford.com/about-us/corporate-diversity)
Benefits (https://www.thehartford.com/careers/benefits)
Legal Notice (https://www.thehartford.com/legal-notice)
Accessibility StatementProducer Compensation (https://www.thehartford.com/producer-compensation)
EEO
Privacy Policy (https://www.thehartford.com/online-privacy-policy)
California Privacy Policy
Your California Privacy Choices (https://www.thehartford.com/data-privacy-opt-out-form)
International Privacy Policy
Canadian Privacy Policy (https://www.thehartford.com/canadian-privacy-policy)
Unincorporated Areas of LA County, CA (Applicant Information)
The Hartford
- The Hartford Jobs