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Catastrophe Modeling Jobs in Virginia (NOW HIRING)

Senior Actuary

Richmond, VA · On-site

$250K/yr

This role entails analytical work in actuarial pricing, reserving, capital modeling, catastrophe modeling, data science, KPIs, and reinsurance. The ideal candidate would be a Career ACAS or FCAS with ...

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 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

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.

Inside Auto Appraiser

Chantilly, VA · Hybrid

$63K - $105K/yr

Travelers offers a hybrid work location model that is designed to support flexibility. What Will ... This position will require participation in our Catastrophe Response Program which could include ...

Inside Auto Appraiser

Richmond, VA · Hybrid

$63K - $105K/yr

Travelers offers a hybrid work location model that is designed to support flexibility. What Will ... This position will require participation in our Catastrophe Response Program which could include ...

Catastrophe Modeling information

See Virginia salary details

$21

$39

$75

How much do catastrophe modeling jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for catastrophe modeling in Virginia is $39.99, according to ZipRecruiter salary data. Most workers in this role earn between $30.96 and $43.12 per hour, depending on experience, location, and employer.

What are some common challenges faced by professionals in catastrophe modeling, and how can they be addressed?

Professionals in catastrophe modeling often encounter challenges such as managing large and complex datasets, staying current with emerging risks (like climate change), and communicating technical findings to non-technical stakeholders. Addressing these requires strong analytical skills, ongoing professional development, and effective collaboration with underwriters, actuaries, and risk managers. Building expertise in specialized software and maintaining open communication channels with other teams can help overcome these obstacles and contribute to successful risk assessments.

What is catastrophe modeling?

Catastrophe modeling is the process of using computer models to estimate the potential losses that could result from natural or man-made disasters, such as hurricanes, earthquakes, floods, or terrorist attacks. These models analyze historical data, scientific research, and current exposure information to predict the likelihood and potential severity of catastrophic events. Insurers, reinsurers, and other organizations use catastrophe modeling to assess risk, price insurance policies, and prepare for possible large-scale losses.

How much do catastrophe modelers make?

Catastrophe modelers typically earn between $70,000 and $130,000 annually, depending on experience, location, and industry sector. Senior professionals with specialized skills in risk analysis and modeling tools like RMS or AIR can earn higher salaries, often exceeding $150,000.

How to Get a Job in Catastrophe Modeling

The qualifications you need to obtain a job in catastrophe modeling include a bachelor’s degree in a science field related to catastrophes, such as geology, meteorology, or environmental science. Insurance-specific degrees, such as actuarial sciences, are also acceptable. Advanced degrees in actuarial science, math, or another catastrophe-related field may help you stand out in the job market. Practice using industry software to run data analysis to become proficient with the application. Some start their careers in entry-level positions in the insurance industry to learn about risk evaluation before moving into catastrophe modeling.

How to get into catastrophe modelling?

To enter catastrophe modeling, candidates typically need a background in fields like actuarial science, engineering, or mathematics, along with strong analytical and programming skills in tools such as Python or R. Gaining experience through internships, certifications like the Associate in Catastrophe Risk Management (ARM), and understanding insurance and risk assessment principles can improve job prospects in this specialized field.

What is the difference between Catastrophe Modeling vs Actuary?

AspectCatastrophe ModelingActuary
Required CredentialsTypically requires degrees in risk management, insurance, or related fields; certifications like CPCU or ARM are commonRequires a degree in mathematics, statistics, or actuarial science; professional actuarial certifications (e.g., ASA, FSA) are essential
Work EnvironmentPrimarily in insurance, reinsurance, or risk management firms; involves data analysis and modelingIn insurance companies, consulting firms, or government agencies; involves data analysis, financial modeling, and risk assessment
Industry UsageUsed to assess and quantify natural disaster risks for insurance underwriting and risk managementUsed to evaluate financial risks, reserve calculations, and pricing in insurance and pension industries

While both roles involve risk analysis and data modeling, catastrophe modeling focuses specifically on natural disaster risks, whereas actuaries assess a broader range of financial risks. Both careers require strong quantitative skills and work within the insurance industry, but their specific applications and certifications differ.

What are the key skills and qualifications needed to thrive as a Catastrophe Modeler, and why are they important?

To thrive as a Catastrophe Modeler, you need a strong background in mathematics, statistics, and data analysis, typically supported by a degree in engineering, actuarial science, or a related field. Proficiency in modeling software (such as RMS or AIR), programming languages (like Python or R), and familiarity with GIS systems are commonly required. Critical thinking, attention to detail, and effective communication are valuable soft skills for interpreting data and conveying risk insights to stakeholders. These skills and qualifications are crucial for producing accurate risk assessments that inform insurance, reinsurance, and disaster preparedness strategies.

What does a catastrophe modeler do?

A catastrophe modeler analyzes data to predict the potential impact of natural disasters such as hurricanes, earthquakes, or floods. They develop and run complex models using specialized software to help insurance companies and risk managers assess and prepare for catastrophic events.

How much does cat modelling pay?

Salaries for catastrophe modeling professionals typically range from $70,000 to $130,000 annually, depending on experience, education, and location. Entry-level roles may start lower, while experienced analysts or managers can earn higher salaries, especially with specialized skills in risk assessment and modeling tools.
What are the most commonly searched types of Catastrophe Modeling jobs in Virginia? The most popular types of Catastrophe Modeling jobs in Virginia are:
What job categories do people searching Catastrophe Modeling jobs in Virginia look for? The top searched job categories for Catastrophe Modeling jobs in Virginia are:
Infographic showing various Catastrophe Modeling job openings in Virginia as of July 2026, with employment types broken down into 100% Full Time. Highlights an 67% In-person, and 33% Remote job distribution, with an average salary of $83,176 per year, or $40 per hour.

Catastrophe & Exposure Manager

Argonaut Management Services, Inc

Richmond, VA • On-site

Other

Medical, Dental, Vision, Retirement, PTO

Posted 7 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 Do Lead 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 For Required 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.