The CAT Modeling Analyst will analyze catastrophe exposure data, apply insurance policy conditions, and conduct risk assessments using modeling software.
Embark on a rewarding career journey at Applied Underwriters, where employees have been at the heart of our success story for more than 30 years. Headquartered in Omaha, NE, our company thrives on innovation and empowers our employees to shape the future of global risk services. Join a team where your ideas are valued and your talents are nurtured with formal, paid training and mentorship. Experience a workplace culture that celebrates initiative, recognizes results, and provides outstanding benefits that allow you to focus on achieving your full potential.
The CAT Modeling Analyst’s primary role is to manage and analyze catastrophe exposure data across various lines of business. Responsibilities include understanding, cleansing, validating, and preparing CAT exposure data, applying insurance and reinsurance policy conditions, and conducting in-depth analysis of client exposure data against different perils. The CAT Modeling Analyst will utilize catastrophe modeling software to model and quantify natural catastrophe risk. Additionally, the analyst will collaborate with team members to incorporate reinsurance structures into modeling and exposure management, ensuring comprehensive risk assessment and management. The ideal candidate will be a hard worker who can work both independently and collaboratively, eager to learn, and utilize their technical skills to improve processes.
Requirements:
- Bachelor’s degree in Math, Statistics, or a related field.
- Two or more years’ previous experience modeling catastrophe losses in the insurance industry.
- Insurance and reinsurance experience as well as an understanding of underwriting concepts.
- Working knowledge of SQL Server, Microsoft Excel, and CAT modeling software, preferably Verisk.
- Proficient at writing macros using VB scripts.
Our Benefits Include:
- 100% employer-paid medical, dental, and vision insurance for employees
- 401(k) plan with 100% immediate vesting and a 4% company match
- Paid time off (PTO) and paid holidays
- On-site pharmacy, Promesa, provides convenient prescription delivery directly to you
- Life, disability, critical illness and accident insurance
- Employee Assistance Program (EAP)
- Pre-tax Flexible Spending Accounts for health, dependent care, and commuter-related expenses
- Tuition reimbursement
- Fitness reimbursement and various additional quality-of-life benefits
Applied Underwriters is a global risk services firm helping business and people manage uncertainty through its business services, insurance, and reinsurance solutions. As a company, we truly operate differently within our business sector. Applied Underwriters has one of the highest customer retention rates in the industry - a success directly attributed to our employees and their high level of commitment, hard work, and ambition.
Top Skills
Cat Modeling Software
Excel
SQL Server
Vb Scripts
Similar Jobs
Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
The Audit Manager will oversee audit engagements, manage teams, ensure GAAP compliance, and lead training and business development efforts.
Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
Manage audit engagements, provide performance feedback, oversee operations, assist clients with GAAP compliance, and lead training programs while engaging in business development efforts.
Top Skills:
Capitalized SoftwareConvertible DebtFasb Accounting StandardsGaapRevenue RecognitionSafeStock-Based Compensation
Cloud • Fintech • Software • Business Intelligence • Consulting • Financial Services
As an Audit Manager, you will manage audit engagements for tribal industry clients, oversee teams, provide feedback, and ensure compliance with GAAP while maintaining strong client relationships.
Top Skills:
FasbGaap
What you need to know about the Colorado Tech Scene
With a business-friendly climate and research universities like CU Boulder and Colorado State, Colorado has made a name for itself as a startup ecosystem. The state boasts a skilled workforce and high quality of life thanks to its affordable housing, vibrant cultural scene and unparalleled opportunities for outdoor recreation. Colorado is also home to the National Renewable Energy Laboratory, helping cement its status as a hub for renewable energy innovation.
Key Facts About Colorado Tech
- Number of Tech Workers: 260,000; 8.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Lockheed Martin, Century Link, Comcast, BAE Systems, Level 3
- Key Industries: Software, artificial intelligence, aerospace, e-commerce, fintech, healthtech
- Funding Landscape: $4.9 billion in VC funding in 2024 (Pitchbook)
- Notable Investors: Access Venture Partners, Ridgeline Ventures, Techstars, Blackhorn Ventures
- Research Centers and Universities: Colorado School of Mines, University of Colorado Boulder, University of Denver, Colorado State University, Mesa Laboratory, Space Science Institute, National Center for Atmospheric Research, National Renewable Energy Laboratory, Gottlieb Institute

