Allianz Commercial
Position Overview
We are looking for an Expert CAT Risk Analyst, based in Chicago. Our team is committed to providing best‑in‑class CAT analytics and accumulation management solutions for our large corporate business and clients. As the leader of our CAT Risk Analytics & Services team, you will shape the future of CAT analytics, reporting and management within a global team whose professionals are passionate about what they do. We value collaboration, innovation and diversity, and strive to create an environment that fosters growth and development.
Key Impact Reporting to the Head of CAT Risk Analytics and Services, the Expert CAT Risk Analyst will identify and quantify major accumulation risks to establish appropriate risk mitigation and control mechanisms to ensure the financial solvency of Allianz Commercial. You will apply solid catastrophe modelling techniques, lead others, and oversee medium to large projects covering definition, execution and delivery phases.
Responsibilities
Serve as in‑house expert on reinsurance topics, leading annual modelling activities related to reinsurance placement and renewal and collaborating with internal and external reinsurance teams and brokers.
Run catastrophe loss modelling software (natural perils and terrorism) and prepare data extracts and reports for monitoring Allianz Commercial global loss potential, including portfolio analyses, CAT limit monitoring and support global business steering.
Define scope, agree on timeframes and execute deliverables with internal and external clients.
Lead/mentor others in global loss modelling activities and related analyses, explaining and validating modelled loss output.
Collaborate with CUO LOBs and other functions (Actuarial, Risk Management, Reinsurance, Risk Consulting, Claims, etc.) to support business steering, portfolio management, Solvency II, reinsurance renewals and data quality improvements.
Provide on‑spot consultancy and translate/explain CAT modelling results and reports to internal stakeholders.
Train and educate across Allianz Commercial, Allianz Group and clients.
Manage evaluation of modelling upgrades, GIS applications and other vendor catastrophe loss modelling software, including technical and portfolio impact analyses and documentation.
Qualifications
Minimum 5 years insurance and/or reinsurance experience.
Understanding of underwriting practice for industrial risks and corporate business on a global basis.
Expert knowledge of catastrophe modelling and modelling software (RMS, AIR, EQECAT) and GIS applications.
Experience with MetaRisk, Igloo, ReMetrica or similar reinsurance modelling software.
Project management experience.
Ability to drive results, innovation and change.
Excellent verbal and written communication skills.
Ability to utilize AI tools to support day‑to‑day tasks.
Degree preferably in Geosciences, Engineering, Mathematics or another quantitative discipline.
Legal and Eligibility External applicants must be legally authorized to work in the United States without the need for current or future employment‑based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time.
Compensation The annualized base pay range is $120,000 to $140,000, plus performance‑based incentive awards and a comprehensive benefits package.
Benefits We offer a hybrid working model, generous bonus scheme, pension, health and wellbeing benefits, parental leave, career development and digital learning programs, international mobility and flexibility for remote work.
Equal Opportunity Statement We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Adjustments for Candidates with Disabilities If you need adjustments during the application or selection process, please email agcsglobalcareers@allianz.com.
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Key Impact Reporting to the Head of CAT Risk Analytics and Services, the Expert CAT Risk Analyst will identify and quantify major accumulation risks to establish appropriate risk mitigation and control mechanisms to ensure the financial solvency of Allianz Commercial. You will apply solid catastrophe modelling techniques, lead others, and oversee medium to large projects covering definition, execution and delivery phases.
Responsibilities
Serve as in‑house expert on reinsurance topics, leading annual modelling activities related to reinsurance placement and renewal and collaborating with internal and external reinsurance teams and brokers.
Run catastrophe loss modelling software (natural perils and terrorism) and prepare data extracts and reports for monitoring Allianz Commercial global loss potential, including portfolio analyses, CAT limit monitoring and support global business steering.
Define scope, agree on timeframes and execute deliverables with internal and external clients.
Lead/mentor others in global loss modelling activities and related analyses, explaining and validating modelled loss output.
Collaborate with CUO LOBs and other functions (Actuarial, Risk Management, Reinsurance, Risk Consulting, Claims, etc.) to support business steering, portfolio management, Solvency II, reinsurance renewals and data quality improvements.
Provide on‑spot consultancy and translate/explain CAT modelling results and reports to internal stakeholders.
Train and educate across Allianz Commercial, Allianz Group and clients.
Manage evaluation of modelling upgrades, GIS applications and other vendor catastrophe loss modelling software, including technical and portfolio impact analyses and documentation.
Qualifications
Minimum 5 years insurance and/or reinsurance experience.
Understanding of underwriting practice for industrial risks and corporate business on a global basis.
Expert knowledge of catastrophe modelling and modelling software (RMS, AIR, EQECAT) and GIS applications.
Experience with MetaRisk, Igloo, ReMetrica or similar reinsurance modelling software.
Project management experience.
Ability to drive results, innovation and change.
Excellent verbal and written communication skills.
Ability to utilize AI tools to support day‑to‑day tasks.
Degree preferably in Geosciences, Engineering, Mathematics or another quantitative discipline.
Legal and Eligibility External applicants must be legally authorized to work in the United States without the need for current or future employment‑based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time.
Compensation The annualized base pay range is $120,000 to $140,000, plus performance‑based incentive awards and a comprehensive benefits package.
Benefits We offer a hybrid working model, generous bonus scheme, pension, health and wellbeing benefits, parental leave, career development and digital learning programs, international mobility and flexibility for remote work.
Equal Opportunity Statement We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.
Adjustments for Candidates with Disabilities If you need adjustments during the application or selection process, please email agcsglobalcareers@allianz.com.
#J-18808-Ljbffr