Zurich Insurance

Actuario Cat Modeller

Zurich Insurance  •  Bogotá, CO (Onsite)  •  5 hours ago
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Job Description

Catastrophe Modeler

The Catastrophe Modeler – LATAM supports Zurich’s underwriting, pricing and portfolio management activities by providing high‑quality catastrophe risk analytics for LatAm. The role focuses on natural catastrophe perils (e.g. earthquake, windstorm, flood) and helps ensure that Zurich maintains a robust view of risk, aligned with Group standards and regulatory requirements.

Key responsibilities

  • Run and maintain catastrophe models (Verisk, internal tools) for LATAM portfolios across multiple lines of business.
  • Process and validate exposure data received from local entities, underwriters and brokers, ensuring completeness and data quality.
  • Produce account‑level and portfolio‑level catastrophe metrics (e.g. AAL, PML, EP curves) to support underwriting decisions, pricing and reinsurance strategy.
  • Support the structuring and assessment of reinsurance programs for LATAM, including treaty renewals and facultative placements.
  • Develop and maintain standard reports, dashboards and tools to monitor catastrophe accumulations and risk appetites.
  • Contribute to the development and calibration of Zurich’s internal catastrophe view of risk for LATAM, including model validation and comparison of vendor models.
  • Work closely with underwriters, portfolio managers, actuaries, risk managers and Group Cat teams to explain results and translate analytics into business insights.
  • Contribute to projects related to climate change, emerging perils and scenario analysis in the LATAM region.
  • Document methodologies, assumptions and processes in line with Zurich’s architecture, risk and governance standards.

Requirements

  • University degree in a quantitative discipline such as Engineering, Mathematics, Statistics, Physics, Actuarial Science, Economics, or related field.
  • 2–5 years of experience in catastrophe modeling, exposure management, actuarial or risk analytics in (re)insurance or consulting (senior roles may require more).
  • Familiarity with catastrophe modeling platforms (e.g. RMS, Verisk) and exposure management tools is a strong advantage.
  • Solid analytical and problem‑solving skills; ability to work with large datasets.
  • Proficiency in Excel; experience with programming or data tools (e.g. SQL, Python, R, Power BI) is a plus.
  • Good understanding of insurance and reinsurance concepts (limits, deductibles, treaty structures, aggregates).
  • Strong communication skills, with the ability to explain technical results to non‑technical stakeholders.
  • Fluency in English; Spanish and/or Portuguese are a strong advantage.
  • Team‑oriented mindset and ability to work in an international, virtual environment.

The Catastrophe Modeler – LATAM supports Zurich’s underwriting, pricing and portfolio management activities by providing high‑quality catastrophe risk analytics for LatAm. The role focuses on natural catastrophe perils (e.g. earthquake, windstorm, flood) and helps ensure that Zurich maintains a robust view of risk, aligned with Group standards and regulatory requirements.

Key responsibilities

  • Run and maintain catastrophe models (Verisk, internal tools) for LATAM portfolios across multiple lines of business.
  • Process and validate exposure data received from local entities, underwriters and brokers, ensuring completeness and data quality.
  • Produce account‑level and portfolio‑level catastrophe metrics (e.g. AAL, PML, EP curves) to support underwriting decisions, pricing and reinsurance strategy.
  • Support the structuring and assessment of reinsurance programs for LATAM, including treaty renewals and facultative placements.
  • Develop and maintain standard reports, dashboards and tools to monitor catastrophe accumulations and risk appetites.
  • Contribute to the development and calibration of Zurich’s internal catastrophe view of risk for LATAM, including model validation and comparison of vendor models.
  • Work closely with underwriters, portfolio managers, actuaries, risk managers and Group Cat teams to explain results and translate analytics into business insights.
  • Contribute to projects related to climate change, emerging perils and scenario analysis in the LATAM region.
  • Document methodologies, assumptions and processes in line with Zurich’s architecture, risk and governance standards.

Requirements

  • University degree in a quantitative discipline such as Engineering, Mathematics, Statistics, Physics, Actuarial Science, Economics, or related field.
  • 2–5 years of experience in catastrophe modeling, exposure management, actuarial or risk analytics in (re)insurance or consulting (senior roles may require more).
  • Familiarity with catastrophe modeling platforms (e.g. RMS, Verisk) and exposure management tools is a strong advantage.
  • Solid analytical and problem‑solving skills; ability to work with large datasets.
  • Proficiency in Excel; experience with programming or data tools (e.g. SQL, Python, R, Power BI) is a plus.
  • Good understanding of insurance and reinsurance concepts (limits, deductibles, treaty structures, aggregates).
  • Strong communication skills, with the ability to explain technical results to non‑technical stakeholders.
  • Fluency in English; Spanish and/or Portuguese are a strong advantage.
  • Team‑oriented mindset and ability to work in an international, virtual environment.
Zurich Insurance

About Zurich Insurance

Zurich Insurance Group (Zurich) is a leading global multi-line insurer founded more than 150 years ago, which has grown into a business serving more than 75 million customers in more than 200 countries and territories, while delivering industry-leading total shareholder returns. Our customers include individuals, small businesses, and mid-sized and large companies, as well as multinational corporations. The Group is headquartered in Zurich, Switzerland, where it was founded in 1872.

ONE TEAM, ONE PURPOSE

We are Zurich, one global company, with one mission, one ambition, one set of shared values and a clear commitment to our stakeholders: our customers, our people, our shareholders, and the communities in which we live and work.

You can find our community guidelines on: https://www.zurich.com/services/social-media

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Zurich, CH
Year Founded
Unknown
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