Risk Management Specialist
LCI Consulting Inc.
- Grand Cayman
- Not disclosed
- Contract
- Updated 09/05/2024
- Human Resource
The Risk Management Specialist supports catastrophe risk modelling, risk management, and financial planning strategies as well as project management, product development and cooperation with research institutions.
NOTE: CCRIF SPC is registered in the Cayman Islands and operates as a virtual organisation. Applications from citizens/residents of CCRIF Member Countries are welcomed.
JOB OPPORTUNITY: RISK MANAGEMENT SPECIALIST
The Risk Management Specialist is a full-time technical position within CCRIF SPC with responsibility for providing technical support to management as it relates to the areas of catastrophe modelling, risk management and financial planning, enabling risk modelling, the risk evaluation process and strategic decisions on models and result interpretation.
The Risk Management Specialist will support CCRIF in operating, managing, and interpret its catastrophe risk models in order to ensure the integrity and continuity of the company’s services.
Main Functions and Responsibilities
The Risk Management Specialist will work closely with the Senior Risk Management Specialist (SRMS) to:
Manage, operate and interpretCCRIF’scatastrophe risk models
Undertake post-event model performance analysis
Investigate the technical soundness of models whether owned by CCRIF or third parties
Undertake model review and make suggestions of potential improvements
Review and propose model modification recommendations
Support projects management involving the development, introduction and upgrade of models
Support the SRMSin safeguarding CCRIF catastrophe models, tools and related files and documentation
Support product development efforts in CCRIF
Conduct research in perils (e.g. climate change and impact in the Caribbean and Central America)
Facilitate cooperation with research institutions and review of literature
Evaluate the potential for models on other platforms (e.g. OASIS)
Support and prepare material for training in CCRIF parametric insurance models and catastrophe risk modelling in general
Qualifications and Experience
A Master’s degree in a relevant field such as Risk Assessment, Earthquake or Environmental Engineering or Data Science AND a minimum of 3 years’ experience in a similar industry covering cat modelling and actuarial methods OR
A Bachelor's degree in a relevant field such as Risk Assessment, Earthquake or Environmental Engineering or Data Science AND a minimum of 7 years’ relevant experience in a similar position, in a similar industry
Skills and Competencies
Expertise in cat modelling
Understanding of actuarial methods
Experience in computer programming
Strong mathematical skills, with special focus on statistics and probability
Experience in the use of GIS software
Knowledge of Linux OS
Excellent oral and written communications skills in English
Spanish speaking and writing competence areassets
All suitably qualified persons interested in this opportunity should submit an application by May
27, 2024.
The full profile is provided in the Terms of Reference for this Vacancy posted on CCRIF's Job Opportunity webpage: https://www.ccrif.org/job-opportunity-risk-management-specialist
