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Job ID: 22864
Job Openings by Title Senior Cat Modeler
Location Korea (South)
Position:		Senior Cat Modeler

Company:   	Insurance Organization
Location:		South Korea

Job ID:		22864


- They are responsible for various actuarial services related to outwards reinsurance optimization, natural catastrophe accumulation, actuarial pricing, etc.
- Day-to-day responsibilities will include, but not limited to, developing and maintaining primary & reinsurance pricing models, cat models and risk analysis models for products sold both in Korea and in overseas operations (China, U.K., U.S., Singapore, Vietnam etc)
- For cat exposure management, include up-keeping the cat models for risk accumulation management, developing new risk assessment tools and calculating cat exposure for pricing and risk assessment purposes
- Also, supporting underwriters, and developing plans for risk retention management will be a significant part of the overall responsibility
- Support product managers in researching and developing new products both within and outside Korea
- A Rotation as a Cat Modeler for overseas business units, for both pricing and developing new products in the global expansion markets around the world, especially in the U.S., U.K., Singapore, and China and in other overseas operations, is a possibility in the future after gaining some experience in the headquarters


- Bachelor’s degree in actuarial science, mathematics, statistics, engineering or related field 
- 5+ years of experience in cat modeling
- Experience in reinsurance is a definite plus 
- Strong analytical and problem solving skills
- Excellent verbal and written communication skills
- Proficiency in use of modeling software (RMS/AIR/EQECAT)
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