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Catastrophe Modeling Analyst Jobs in Virginia (NOW HIRING)

Senior Actuary

Richmond, VA · On-site

$170K - $220K/yr

Catastrophe modeling including analyzing the raw model output * KPIs and operational reporting * Analyzing the profitability of underwriting divisions * Reserve analyses for various lines of business

Senior Actuary

Richmond, VA · On-site

$170K - $220K/yr

Catastrophe modeling including analyzing the raw model output * KPIs and operational reporting * Analyzing the profitability of underwriting divisions * Reserve analyses for various lines of business

Leading catastrophe modeling efforts, including evaluation and interpretation of raw model output. * Performing reserve analyses and reinsurance analyses across multiple lines of business.

Managing Actuary

Richmond, VA · On-site

$180K - $230K/yr

Leading catastrophe modeling efforts, including evaluation and interpretation of raw model output. * Performing reserve analyses and reinsurance analyses across multiple lines of business.

Catastrophe Modeling Analyst information

See Virginia salary details

$35.2K

$98.3K

$125.9K

How much do catastrophe modeling analyst jobs pay per year?

As of Jul 29, 2026, the average yearly pay for catastrophe modeling analyst in Virginia is $98,307.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,400.00 and $125,400.00 per year, depending on experience, location, and employer.

What does a catastrophe modelling analyst do?

A catastrophe modelling analyst assesses the financial impact of natural disasters such as hurricanes, earthquakes, and floods by developing and analyzing models using specialized software. They interpret data, evaluate risk exposure, and support insurance or reinsurance companies in setting premiums and managing risk. Strong analytical skills and knowledge of catastrophe modeling tools are essential for this role.

How much does cat modelling pay?

The average salary for a catastrophe modeling analyst ranges from $70,000 to $120,000 annually, depending on experience, location, and certifications. Entry-level positions typically start around $60,000, while experienced analysts with specialized skills can earn higher salaries, especially in major insurance or reinsurance firms.

What are some typical challenges faced by Catastrophe Modeling Analysts in their day-to-day work?

Catastrophe Modeling Analysts often work with large, complex datasets and must ensure data accuracy and integrity while meeting tight deadlines, especially during peak periods like renewal seasons. They need to stay updated on the latest modeling technologies and methodologies as the field evolves rapidly with new types of risks and data sources. The role also requires balancing technical analysis with clear communication to stakeholders, such as underwriters or risk managers, who may not have a technical background. Successfully navigating these challenges helps analysts provide valuable insights for risk assessment and decision-making.

Is cat modelling a good career?

A catastrophe modeling analyst evaluates risks related to natural disasters using specialized software and data analysis skills. The field offers opportunities in insurance, reinsurance, and risk management industries, often requiring knowledge of statistics, programming, and certifications like the Chartered Property Casualty Underwriter (CPCU). It can be a stable career with growth potential for those interested in risk assessment and data analysis.

What is a Catastrophe Modeling Analyst job?

A Catastrophe Modeling Analyst evaluates potential losses from natural and man-made disasters using specialized models and data analysis. They work with insurers, reinsurers, and risk management firms to assess exposure to risks like hurricanes, earthquakes, and floods. Their role involves collecting and analyzing data, running simulations, and interpreting results to inform underwriting and pricing decisions. Strong analytical skills, proficiency in catastrophe modeling software (like AIR, RMS, or CoreLogic), and knowledge of insurance and risk management are essential for success in this role.

How much does a catastrophe analyst make?

A catastrophe modeling analyst typically earns between $70,000 and $120,000 annually, depending on experience, education, and location. Entry-level positions may start lower, while experienced analysts with specialized skills or certifications can earn higher salaries, often working with modeling software and risk assessment tools.

What are the key skills and qualifications needed to thrive in the Catastrophe Modeling Analyst position, and why are they important?

To thrive as a Catastrophe Modeling Analyst, you need strong analytical skills, a solid background in mathematics or statistics, and a degree in a relevant field such as engineering, math, or actuarial science. Experience with catastrophe modeling software (e.g., RMS, AIR), GIS tools, and proficiency in programming languages like SQL or Python are highly valued, and relevant certifications can be advantageous. Attention to detail, effective communication, and problem-solving abilities help analysts interpret complex data and work collaboratively across teams. These skills ensure models are accurate and actionable, supporting organizations in assessing and managing risks from natural or man-made disasters.

What job categories do people searching Catastrophe Modeling Analyst jobs in Virginia look for? The top searched job categories for Catastrophe Modeling Analyst jobs in Virginia are:
Infographic showing various Catastrophe Modeling Analyst job openings in Virginia as of July 2026, with employment types broken down into 87% Full Time, 8% Part Time, 1% Temporary, and 4% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $98,307 per year, or $47.3 per hour.

Catastrophe & Exposure Manager

Brookfield

Richmond, VA

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 11 days ago


Job description

Company

Shared Services

Argo and Farm Family are specialty property and casualty insurance brands whose underwriting companies are wholly-owned subsidaries of Clearbrook Holdings Inc. Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence.


Job Description

Catastrophe & Exposure Manager

This is a 100% in office position. You will be required to be in a local office

during standard business hours Monday through Friday.

Shape the Future of Risk at Argo Group

At Argo Group, we're transforming how specialty insurance organizations understand, quantify, and manage risk. We're seeking a highly analytical and forward-thinking Catastrophe & Exposure Manager to join our growing team and play a critical role in guiding underwriting strategy, portfolio optimization, and enterprise risk management.

This is an opportunity to move beyond traditional catastrophe modeling and become a strategic business partner who influences underwriting decisions, reinsurance strategy, and executive-level portfolio management. If you're passionate about leveraging data, technology, and analytics to solve complex risk challenges, we want to hear from you.

Why This Role Matters

As the Catastrophe & Exposure Manager, you will lead the organization's catastrophe modeling and exposure management efforts across Property, Marine, and Energy portfolios. Your expertise will directly impact business performance by helping underwriters, executives, and risk leaders make informed decisions in an increasingly complex risk environment.

You will serve as a trusted advisor across the organization, delivering meaningful insights, advancing modeling capabilities, strengthening exposure data quality, and driving innovation through automation and technology.

What You'll DoLead Enterprise Catastrophe Analytics
  • Own catastrophe modeling and exposure management processes across multiple commercial insurance portfolios.
  • Deliver accurate, timely, and actionable analytics that support underwriting, portfolio management, capital allocation, and catastrophe response activities.
  • Continuously refine and enhance the organization's View of Risk framework and catastrophe management strategy.
Drive Strategic Business Decisions
  • Partner closely with underwriting, actuarial, reinsurance, and executive leadership teams to evaluate portfolio risk and growth opportunities.
  • Provide account-level, class-level, and enterprise-level exposure insights that influence business planning and risk selection.
  • Support reinsurance purchasing decisions through advanced portfolio and accumulation analysis.
Champion Innovation & Process Excellence
  • Lead modernization efforts across catastrophe modeling platforms and exposure management workflows.
  • Develop and implement automation solutions that improve efficiency, data quality, and reporting capabilities.
  • Identify opportunities to leverage emerging technologies, advanced analytics, and visualization tools to enhance business insights.
Strengthen Data & Model Governance
  • Establish and maintain robust exposure data standards, modeling governance, and documentation practices.
  • Ensure consistency, accuracy, and transparency across catastrophe modeling processes and outputs.
  • Oversee third-party data and modeling vendors while maintaining strong quality assurance controls.
Lead Global Exposure Management Operations
  • Manage and mentor external modeling resources and outsourcing partners.
  • Monitor performance, ensure adherence to internal standards, and promote continuous improvement.
  • Deliver executive reporting, regulatory submissions, event-loss analyses, and enterprise portfolio rollups.
What We're Looking ForRequired Experience
  • 5+ years of catastrophe modeling and exposure management experience within commercial insurance, reinsurance, or consulting environments.
  • Significant experience supporting Property portfolios, with exposure to Marine and Energy lines highly valued.
  • Advanced expertise with catastrophe modeling platforms, including AIR Touchstone (strongly preferred).
  • Strong understanding of catastrophe model theory, exposure management practices, accumulation management, and portfolio analytics.
Technical Expertise
  • Advanced proficiency in:
    • SQL
    • Excel
    • Power BI
    • VBA
    • Python and/or R
  • Experience working with large-scale exposure datasets, relational databases, and data transformation processes.
  • Proven success implementing automation, reporting enhancements, and technology-driven process improvements.
Business & Leadership Skills
  • Strong understanding of commercial insurance underwriting and outwards reinsurance structures.
  • Ability to translate complex analytical findings into practical business recommendations.
  • Exceptional communication and stakeholder management skills with experience partnering directly with underwriters and senior leadership.
  • Demonstrated ability to lead projects, influence decision-making, and drive results in a collaborative environment.
What You'll Gain
  • A highly visible role with direct impact on underwriting, portfolio strategy, and enterprise risk management.
  • Opportunities to shape the future direction of catastrophe analytics and exposure management at a leading specialty insurer.
  • Exposure to executive leadership and strategic business initiatives.
  • A collaborative culture that values innovation, expertise, and continuous learning.
  • Competitive compensation, annual incentive opportunities, and comprehensive benefits.
Work Environment

At Argo, we believe collaboration drives innovation. Our employees work primarily in-office, fostering stronger partnerships, faster decision-making, and a connected culture that supports both professional growth and business success.

Compensation

The expected base salary range for this position is $111,400 - $144,600, depending on experience, qualifications, and geographic location.

In addition, this position is eligible for participation in Argo Group's annual incentive program and comprehensive benefits package.

Ready to Make an Impact?

Join Argo Group and help shape how one of the industry's leading specialty insurers understands and manages catastrophe risk. If you're looking for a role where your expertise influences real business outcomes and drives strategic decision-making, we encourage you to apply.

At Argo, we value in-person collaboration as a vital part of our culture, which is why we ask our team members to be primarily in the office. This approach helps us work together effectively and create a supportive, connected environment for our team and clients alike.

The base salary range is $111,400 - $144,600 (based on experience and location). Additionally, this position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We're proud to offer a range of competitive and comprehensive benefits packages.

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PLEASE NOTE:

Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.


If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at 210-321-8400.


Benefits and Compensation

We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program-including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.


Core Values

At Clearbrook our Core Values are Integrity, Collaboration, Pursuit of Excellence and Forward Thinking. These values reflect who we are today and who we apsire to be - guiding how we work, how we lead and how we succeed.