Position Summary

The Catastrophe Risk Analyst role for Velocity Risk is an opportunity for an individual to bring their analytical, results-driven mindset to the Catastrophe Analytics Team to provide data driven solutions to help Velocity Risk, an MGA within Ryan Specialty, to capitalize on opportunities and improve performance across underwriting, capital management, operations and claims.

What will your job entail?

Job Responsibilities:

• Run catastrophe models for risk portfolios and interpret the data outputs while evaluating complex datasets to identify patterns and trends associated with the data
• Assist business units and carriers with ad-hoc analytics requests
• Become the subject matter expert for all activities related to catastrophe modeling
• Analyze data to optimize risk portfolios, develop metrics, reports, and decision aids to help underwriters and other decision makers with respect to capital utilization, pricing, rates, and profitability
• Perform/analyze data trends and be able to present to audiences ranging from peers to executives, internally and externally
• Provide real-time loss estimates of actual catastrophic events and insights on ways to improve performance
• Generate detailed reports that communicate risk assessments to stakeholders.
• Work closely with the product and actuarial team to integrate risk analysis into policy pricing and portfolio management.
• Assist in the creation of risk mitigation strategies to minimize financial impact.
• Utilize advanced software and technologies to improve the accuracy and automation of risk modeling and analysis

Work Experience and Education:

• Bachelor’s degree in Risk Management / Business (or related field), with 1-2 years of related experience preferred.

Technical/Functional Skills:

• Risk Modeling
• Data Management
• Excel/SQL/Tableau/PPT etc
• Statistical Analysis

Behavioral Skills:

• Effective Communication
• Team Player
• Interpersonal Skills
• Attention to Detail
• Decision Making
• Problem-Solving
• Continuous Learning

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $62,000.00 - $75,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at HR@Ryansg.com

The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.