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Catastrophe Insurance Modeling Manager

29198

We are Farmers!

We are… more than just your favorite commercials.  At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers.

Farmers is an award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture!  To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.

Workplace: Hybrid ( #LI-Hybrid ), Remote ( #LI-Remote )

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary

Responsible for managing catastrophe modeling group and risk management activities.

What You'll Do

Manage catastrophe modeling team.
Typical planned activities include managing resources of the team to ensure timely and accurate completion of projects, developing appropriate model settings for various projects, preparing exposure management reports, responding to rating agencies inquiries and various internal and external data calls, collaborating with reinsurance brokers on the enterprise renewal submission.
Special projects include providing analytical support for pricing and product development projects, developing catastrophe mitigation strategies, assisting in capital allocation and management of solvency risk as it relates to catastrophe risk.
Subject matter expert of catastrophe models and data.
Support other departments that utilize output from the cat modeling software.
Maintain expertise of model workings, differences, functional capabilities and changes.
Keep management updated on current technical and industry trends related to the catastrophe modeling.
Stay current on developments and new trends in science that may affect long-term trends in catastrophe losses and our ability to forecast them.
Interact with customers to present work product in a clear, concise fashion without need for guidance.
Challenge and advise stakeholders as appropriate.
Establish relationships with customers and colleagues.
Manage and prioritize multiple projects and staff through efficient time management.
Coordinate necessary training to ensure the team is current on the developments in the catastrophe modeling field.
Supervise and train modeling staff.

What You'll Bring

Minimum 6 years experience in data analytics or catastrophe modeling field required.
Minimum 1 year of supervisory experience required.
Insurance industry experience, preferred.

Education You'll Need

High school diploma or equivalent required.
Bachelor's degree in an analytical field (mathematics, engineering, actuarial science, economics, atmospheric or natural science) preferred.

Special Skill Requirements

Expert knowledge of catastrophe modeling software.
Excellent written/verbal communication skills.
Working knowledge with Excel, SQL and SAS.

Benefits

Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $106,560 - $169,950
o CO Only: $99,920 - $146,520
o HI/IL/MN/VT Only: $99,920 - $156,750
o MA Only: $99,920 - $156,750
o MD Only: $99,920 - $156,750
o NY/DC/NJ Only: $99,920 - $169,950
o Albany County: $106,560 - $146,520
o WA Only: $99,920 - $178,125
Bonus Opportunity (based on Company and Individual Performance)
401(k)
Medical
Dental
Vision
Health Savings and Flexible Spending Accounts
Life Insurance
Paid Time Off
Paid Parental Leave
Tuition Assistance
For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer

Job Location(s): R_US - United States

Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.

Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law. Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.

Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws.

Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.

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