Consultant – Catastrophe Modelling

A Leading Global Insurance Group is seeking a technical Consultant – Catastrophe Modelling to join its risk management team. In this pivotal role, you will be responsible for assessing and quantifying the impact of natural and man-made catastrophes on the company’s portfolio. Furthermore, you will utilize advanced modeling software to provide critical data for reinsurance placements and exposure management. Consequently, this position is vital for protecting the organization’s capital and ensuring long-term financial resilience.

The Consultant – Catastrophe Modelling must bridge the gap between complex data science and actionable underwriting insights. Additionally, you will lead the data cleansing and preparation process to ensure the highest accuracy in model outputs. Therefore, the group is looking for a professional with strong analytical skills and experience in platforms like RMS or AIR. If you are passionate about disaster risk assessment and data visualization, this Consultant – Catastrophe Modelling role offers a premier technical path.

Key Responsibilities

• Perform detailed catastrophe modeling and exposure analysis for global property and casualty portfolios.
• Manage large-scale data imports and cleansing activities to ensure high-quality model inputs.
• Utilize industry-standard software (RMS RiskLink or AIR Touchstone) to quantify potential losses.
• Interpret model results and provide clear insights to underwriters and senior management.
• Support the annual reinsurance renewal process by providing accurate exposure data and loss estimates.
• Develop and maintain internal reporting dashboards to track accumulation and portfolio risk.
• Stay current with emerging cat risk trends, including climate change impacts and secondary perils.
• Collaborate with the IT and GIS teams to enhance data visualization and spatial analysis capabilities.
• Conduct sensitivity testing and validation of model assumptions to ensure robust risk assessment.
• Present technical findings to internal stakeholders to drive informed risk-taking decisions.

Requirements and Qualifications

• Degree in Statistics, Mathematics, Geography, or a related quantitative field.
• Proven experience in Catastrophe Modelling within the insurance or reinsurance sector.
• Technical proficiency in RMS (RiskLink) or AIR (Touchstone) platforms is essential.
• Strong skills in SQL and MS Excel for data manipulation and analysis.
• Understanding of insurance policy structures, including limits, deductibles, and reinsurance treaties.
• Excellent communication skills to explain technical risk concepts to non-technical audiences.