Senior Actuary

Boston, MA, US

RemoteFull time roleSenior Level

20 days ago

About the Job

KCC seeks a fulltime Actuary in our Boston office to partner with clients to leverage catastrophe model output in underwriting, ratemaking, and risk transfer initiatives. Your responsibilities will also include fostering relationships with insurance regulators and rating agencies. In this position, you will work with KCC’s interdisciplinary Client Services, Model Development and Software Development teams.

About KCC

Karen Clark & Company (KCC) is the innovation and technology leader in weather, climate, and catastrophe risk modeling. KCC professionals are globally recognized experts in catastrophe modeling and risk management. From our headquarters in Boston, Massachusetts, we provide advanced models, innovative software, and comprehensive consulting services to enhance risk management strategies and climate resiliency. KCC modeling technology currently covers tropical cyclones, extratropical cyclones, severe convective storms, floods, earthquakes, winter storms, and wildfires in over 80 countries. For more information, please visit www.kcc.us.com

Responsibilities

Assist clients in effectively integrating catastrophe model output in ratemaking, underwriting and reinsurance purchase processes
Participate with KCC software development team in implementing insurance and reinsurance structures into financial modeling
Lead relationships with regulators, and oversee KCC responses to regulatory questions on catastrophe model output forms and in client rate filings
Participate in consulting engagements and help analyze and prepare client data and results for senior executive reports and presentations
Contribute actuarial expertise to KCC technical papers, presentations, and other documents

Qualifications

Degree in Actuarial Science, Mathematics, Statistics, or related field
ACAS required, FCAS preferred
5+ years in P&C actuarial role
Experience with data-intensive computer models
Proficiency with Microsoft Office, including Word, Excel, PowerPoint, and Outlook
Excellent writing, communication, and organizational skills
Experience with catastrophe models a plus

About the Company

Karen Clark & Company

Boston, Massachusetts, USA

21-50

Karen Clark & Company develops software that provides innovative tools for catastrophe risk management. Over two decades ago, Nobel Peace Prize Honoree Karen Clark pioneered the catastrophe risk modeling techniques and solutions used today by virtually every insurance and reinsurance company in the world.

Karen Clark & Company is now leading the next generation of catastrophe risk management solutions to address the evolving needs of its clients. RiskInsight®, the first open loss modeling platform, is used by insurance and reinsurance companies in US and non-US markets and supports new catastrophe models for major perils such as hurricanes, earthquakes, and severe convective storms. Additional innovations by Karen Clark & Company include the Characteristic Event (CE) methodology and real-time event tracking.

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