Senior CAT Risk Research Analyst

Driving the development of processes and tools as well as integrating new products in all lines of businesses in various regions with a particular focus on the global reach of the Allianz Commercial portfolio and the specific nature of the business is our main objective. 

Our dynamic team you are working with brings diverse cultural backgrounds and is located in Munich. Be part of the CAT Risk Solutions multidisciplinary team, where different professional backgrounds and work disciplines collaborate on the various topics.

The Impact You Will Have 

Reporting to the Head of CAT Risk Solutions you will drive the identification and quantification of major accumulation risks to enable the development and establishment of appropriate risk mitigation and control mechanisms ensuring the financial solvency of Allianz Commercial. A special focus is to validate and assess probabilistic Cat Models, to drive the development and application of geospatial solutions using GIS, Non-Modeled Exposures, Cat Event Response, as well as to lead project initiatives, i.e., on the exploration of new technologies with value-added potential as well as on the process simplification by development of automation tools.

Some of your specific responsibilities could include:

• Independtly assess, validate and run probabilistic Catastrophe loss modeling software and prepare data extracts, analyses, reports and documentation

• Provide on the spot consultancy and translate or explain CAT Modeling results and reports to users in relevant departments

• Driving the development of geospatial tools and solutions with a focus on presenting and promoting them to internal clients ensuring business process improvements

• Evaluate, suggest and implement procedures for treatment of perils/exposures currently not modeled at Allianz Commercial for overall global accumulation control and potential, usage in internal Risk capital model and Actuarial Pricing

• Monitor natural disasters and perform post cat event modelling analyses to support various business functions on a near real-time basis

• Lead small to medium size projects and take on responsibility for specific outcomes relating to: design, scope definition, execution and delivery phases of the project. 

• Pro-active networking & collaboration with key business stakeholders i.e., Chief Underwriting Office Lines of Business (CUO LoBs), Actuarial and Pricing to ensure tool acceptance, usage and process improvement

• Drive innovation and change through evaluating vendor catastrophe loss modelling software & upgrades, GIS applications and other vendor catastrophe loss modelling software.

What You’ll Bring to the Role

• University degree in Geosciences, Geoinformatics, Geography, Engineering, Physics, Informatics or Mathematics

• Minimum 3 years of working experience in re-/insurance industry sector

• Experience in the development, deployment of geospatial tools (ideally including customer support)

• Profound understanding of underwriting practices for industrial risks and corporate business on a global scale

• Proficiency in catastrophe modelling software, such as RMS, Verisk, OASIS and GIS (Geographic Information Systems) applications

• Proficiency in PC software such as Microsoft Excel and Powerpoint, as well as programming languages like SQL and Python

• Strong analytical and conceptual capabilities as well as problem solving, and troubleshooting skills

• Ability to handle multiple tasks and projects simultaneously in a deadline-driven environment to deliver results and great performance

• Ability to present complex technical issues to technical/non-technical audience in with conviction 

• Fluent in English and able to negotiate, and knowledge of German language is a plus.