Consultant CAT Risk

Hartford, Connecticut

Company Information
Solid reputation, passionate people and endless opportunities. That's Travelers. Our superior financial strength and consistent record of strong operating returns mean security for our customers - and opportunities for our employees. You will find Travelers to be full of energy and a workplace in which you truly can make a difference.

Job Summary
The Enterprise Catastrophe Strategy & Analysis group is seeking a Risk Consultant to join our Strategic Research and Analytics team. You will be joining a group of dedicated professionals charged with leading Travelers to be in a position to endure catastrophic loss from natural and man-made perils.
The Team is responsible for state-of-the-art analytics using cutting-edge tools, quantitative methods, and technologies to assess risk from natural perils (e.g. hurricanes, earthquakes, tornadoes, wildfires, flood etc.) and man-made perils including terrorism and cyber risk. We engage in Enterprise-wide complex multi-disciplinary catastrophe research projects with various depths of focus.

Primary Job Duties & Responsibilities
We are seeking a candidate with a solid analytical base and a keen interest in research and development. The position requires an individual who can succeed in a collaborative, innovation-driven environment, in tune with business needs and deadlines. Primary responsibilities include:
Research and analysis of complex problems where models may not be available.Ability to manage projects independently, engage stakeholders and provide recommendations.Stay abreast of scientific research and be able to synthesize academic papers.Collaborate with internal and external parties to develop analytical solutions for business needs.Catastrophe model evaluation, sensitivity testing, calibration and validation.Evaluate and recommend modeling tools for implementation in business processes.Develop tools and features to bring latest peril research/models into production.Communicate findings and recommendations to business partners.

Minimum Qualifications
1 year relevant analytics experience required.

Education, Work Experience & Knowledge
Undergraduate (GPA 3.4+ preferred) or graduate degree in a quantitative discipline (Economics and Econometrics, Analytical Finance, Actuarial Science, Math, Statistics etc.).
1-4 years of related work experience.
Domain knowledge of primary P&C insurance market, a basic understanding of CAT modeling concepts and one or more vendor CAT models preferred. CAT model certification is a plus.
Experience with geospatial or Big Data technologies a plus.

Job Specific & Technical Skills & Competencies
Knowledge of SQL and/or MS Access and advanced Excel (preferably with VBA).Programming language and/or R/Matlab/SAS analytic packages strongly preferred.Self-motivated with ability to self-organize and drive analyses independently.Strong communication and ability to convey technical concepts across professional fields of discipline.

Physical Requirements
Operates standard office equipment - Continuously Sitting (Can stand at will) - Frequently Standing - Occasionally Use of Keyboards, Sporadic 10-Key - Frequently

Equal Employment Opportunity Statement
Travelers is an equal opportunity employer.
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About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. The company's diverse business lines offer its global customers a wide range of coverage in the auto, home and business settings. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $25 billion in 2010.