Analyst, Catastrophe Risk - Sydney, Australia - Australian Reinsurance Pool Corporation

Australian Reinsurance Pool Corporation

Verified Company

Sydney, Australia

3 weeks ago

Posted by:

Olivia Brown

beBee Recruiter

Description

ARPC Position Description

Function:
Chief Financial Office
Classification broadband:ARPC Classification 5/6

Location:
Sydney
Security clearance:Baseline

Role Reports to (role title)**:Head of Actuarial

Direct Reports (role titles)**:Nil

Purpose of the role (Why the role exists; how the role contributes to the ARPC's strategic objectives)
This role will support ARPC's catastrophe modelling function through delivering specialist knowledge and
analytics related to catastrophe risk and engage in thought leadership on related climate science topics (such
as climate change, risk mitigation and cyclone risk).

Key Accountabilities (Key activities, tasks and outcomes to be achieved)***Catastrophe Model Capability

Prepare data for, design and deliver analysis to support internal catastrophe model development and
Assist the organisation in the understanding of catastrophe risks, sensitivity studies and relevant

analytics.

Support the enablement of realtime loss estimates of catastrophic events through catastrophe

model design and implementation.

Contribute to ARPC's assessment of risk mitigation measures through research, collaboration, and

assessment (quantification). This work will influence Pricing decisions and the sharing of data and
insights with other Government agencies.

Support the development of appropriate model governance and use of model frameworks.
Develop relationships with external vendors and support the strategy for model selection.
Implement, maintain, and continually enhance actuarial processes under the guidance of the

Actuarial Manager and Head of Actuarial.

Catastrophe Research

Contribute to ARPC's assessment of risk mitigation measures through research, collaboration,

and assessment (quantification). This work will influence Pricing decisions and the sharing of data
and insights with other Government agencies.

Contribute to development activities on cyclone and climate change impact for use in modelling

in partnership with Government agencies and universities.

Contribute to ARPC's thought leadership for cyclone risk through client engagement, forums,

publications, and conferences.

Undertaken research projects to expand ARPC's understanding of cyclone and terrorism risk; both

for the purposes of enhancing our modelling and for broader purposes to help ARPC better meet
its business objectives.

Support Other Actuarial Functions

Work closely with the Data and Analytics actuarial function to enhance ARPC's data assets related to

geospatial or catastrophe model requirements.

***- Support the upskilling and capabilities of geospatial analytics and visualisation across the actuarial

function (and to other divisions as appropriate).

Provide specialised knowledge and analytical support to internal ARPC functions such as finance,

underwriting, claims, IT.
Risk Management

Help to ensure sound Risk Management principles and systems are in place within actuarial practices.
Proactively identify risks, implement mitigating actions and improvements and monitoring outcomes

Other

Provide support to other actuarial functions as required.
Participate in ARPC Corporate projects as and when opportunities arise.
Role model ARPC's Values and Code of Conduct and capabilities set out in the ARPC's Capability

Framework

Working Relationships (Key stakeholders, clients, customers, suppliers, providers, consultants, etc.)***
Internal Relationships

Build and maintain strong relationships with all members of the ARPC team.

External Relationships

Build and maintain strong relationships with model vendors, Government, and research and

university partners.

Person specification

Qualifications and experience

Qualifications (indicate whether mandatory or desired)

Tertiary qualification in relevant field of studies such as Economics, Actuarial Studies, Science,

Climate change, Weather systems or Engineering _Mandatory_

Experience (minimum type and level of experience required to perform the role)

Experience in the reinsurance, insurance industry or finance sector _Desired_
2+ years experience in Catastrophe Model development or use _Desired_
Experience in undertaking research projects and/or participating in Thought Leadership _Desired_

Technical Capabilities (skills, knowledge, technical or specialist capabilities)

Experience with a programming language such as SQL, SAS, R, Python
Strong knowledge in climate science and catastrophe risk
Experience with geospatial analysis and use of catastrophe models
Strong knowledge of the MS Office suite including Word, Powerpoint and Excel
Strong written and verbal communication skills
Strong analytical skills with the ability to derive simple insights from complex data
Ability to build strong relationships with various stakeholders
Interest in developing commercial acumen
Astute attention to detail

*****Authoriti