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Catastrophe Risk Management Jobs (NOW HIRING)

Senior Risk Analyst, CAT The Enterprise Risk Management (ERM) department is responsible for enterprise aggregate exposure management and reporting, portfolio aggregation and catastrophe pricing and ...

Software Engineer

Boston, MA · On-site

$85K - $110K/yr

RiskInsight is a distributed application for developing catastrophe risk models and managing catastrophe risk. Working with our model development teams, you will build software tools for creating and ...

American Modern Insurance Group is seeking a Catastrophe Risk Analyst to join our Portfolio Management and Reinsurance team. As a Catastrophe Risk Analyst, you will work on special projects and ...

American Modern Insurance Group is seeking a Catastrophe Risk Analyst to join our Portfolio Management and Reinsurance team. As a Catastrophe Risk Analyst, you will work on special projects and ...

RiskInsight is a distributed application for developing catastrophe risk models and managing catastrophe risk. Working with our model development teams, you will build software tools for creating and ...

Software Engineer

Boston, MA · On-site

$85K - $110K/yr

RiskInsight is a distributed application for developing catastrophe risk models and managing catastrophe risk. Working with our model development teams, you will build software tools for creating and ...

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Catastrophe Risk Management information

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$51.5K

$111.6K

$170K

How much do catastrophe risk management jobs pay per year?

As of Jun 26, 2026, the average yearly pay for catastrophe risk management in the United States is $111,556.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,000.00 and $129,000.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

In catastrophe risk management, senior roles such as Chief Risk Officer or Director of Risk Management tend to have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications, and strong analytical skills to oversee large-scale risk strategies and insurance portfolios.

What qualifications do I need to be a Risk Manager?

A Risk Manager typically needs a bachelor's degree in fields such as finance, business, or risk management. Professional certifications like the Certified Risk Manager (CRM) or Financial Risk Manager (FRM) can enhance job prospects, and strong analytical, communication, and problem-solving skills are essential for success in the role.

What is a Catastrophe Risk Management job?

A Catastrophe Risk Management job involves assessing, modeling, and mitigating the financial impact of natural and man-made disasters, such as hurricanes, earthquakes, floods, and wildfires. Professionals in this field use data analytics, simulation models, and historical loss data to estimate potential risks and help organizations develop strategies to minimize losses. They work closely with insurance companies, reinsurance firms, and corporations to ensure proper risk transfer mechanisms are in place. Their role is crucial in maintaining financial stability and resilience in the face of catastrophic events.

How much do catastrophe modelers make?

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

What is catastrophe risk management?

Catastrophe risk management involves identifying, assessing, and mitigating risks from large-scale disasters such as hurricanes, earthquakes, or floods. Professionals in this field analyze data, develop strategies, and use modeling tools to reduce financial losses for insurers, governments, or corporations. Strong analytical skills and knowledge of risk modeling software are essential for this role.

What are some of the main challenges faced in Catastrophe Risk Management roles?

Professionals in Catastrophe Risk Management often deal with uncertainty and rapidly evolving data, as natural and man-made disaster risks can change quickly. Adapting models to account for new information, regulatory requirements, and emerging threats is a constant part of the job. You will regularly collaborate with cross-functional teams, including underwriters, actuaries, and engineers, to develop risk mitigation strategies and communicate complex findings to non-technical audiences. While the role can be demanding, it offers dynamic problem-solving opportunities and the chance to make a significant impact on organizational resilience and public safety.

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

To thrive in Catastrophe Risk Management, you need a strong background in risk assessment, data analysis, and insurance or finance, typically supported by a relevant bachelor's or master's degree. Proficiency with catastrophe modeling software such as RMS or AIR and certifications like CPCU (Chartered Property Casualty Underwriter) are highly beneficial. Strong communication, critical thinking, and problem-solving skills set top candidates apart in this field. These skills are crucial for evaluating complex risk scenarios, developing effective mitigation strategies, and communicating findings clearly to stakeholders.

More about Catastrophe Risk Management jobs
What cities are hiring for Catastrophe Risk Management jobs? Cities with the most Catastrophe Risk Management job openings:
What are the most commonly searched types of Catastrophe Risk Management jobs? The most popular types of Catastrophe Risk Management jobs are:
What states have the most Catastrophe Risk Management jobs? States with the most job openings for Catastrophe Risk Management jobs include:
What job categories do people searching Catastrophe Risk Management jobs look for? The top searched job categories for Catastrophe Risk Management jobs are:
Infographic showing various Catastrophe Risk Management job openings in the United States as of June 2026, with employment types broken down into 34% As Needed, 33% Temporary, 22% Contract, and 11% Nights. Highlights an 72% Physical, 7% Hybrid, and 21% Remote job distribution, with an average salary of $111,556 per year, or $53.6 per hour.
Catastrophe Modelling - Climate Nature & Social Risk Executive Director

Catastrophe Modelling - Climate Nature & Social Risk Executive Director

JPMorgan Chase & Co.

Manhattan, NY • On-site

$175K - $260K/yr

Full-time

Medical, Retirement

Posted 5 days ago


JPMorgan Chase & Co. rating

8.1

Company rating: 8.1 out of 10

Based on 470 frontline employees who took The Breakroom Quiz

47th of 142 rated banks


Job description


Bring your Expertise to JPMorgan Chase. As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
As an Catastrophe Modelling - Climate Nature & Social Risk Executive Director, you will lead the development and implementation of advanced catastrophe modelling strategies, working closely with stakeholders across risk, data, and technology teams. You will translate complex catastrophe and climate model outputs into actionable insights for credit and financial loss modelling, supporting the firm's transition to a low-carbon economy and resilience to physical climate risks. This role involves using catastrophe models beyond their typical insurance use case, requiring a passion for innovating methodologies combined with a deep understanding of catastrophe models.
Job Responsibilities
  • Lead the implementation and integration of third-party catastrophe models within the physical risk team, coordinating with central data, technology, and modelling teams to source data and conduct analyses.
  • Develop and tailor catastrophe modelling solutions to support risk identification, assessment, and management for physical climate risks, including event response activities.
  • Conduct detailed model review and validation, providing recommendations for model adjustments and serving as a subject matter expert in natural catastrophe and climate science.
  • Define requirements and drive firmwide initiatives for collecting and managing data on physical risk impacts; stay abreast of emerging developments in catastrophe modelling.
  • Collaborate with other risk teams (e.g., Consumer and Community Bank, Corporate and Investment Bank, Commercial Bank, Model Risk Governance & Review, Asset Management, Chief Data Office) to integrate physical risk data into business-as-usual (BAU) risk models.
  • Contribute to broader climate modelling initiatives, including scenario design, and macroeconomic impact analysis
  • Mentor and develop junior team members, fostering a culture of innovation and continuous improvement.

Required Qualifications, Capabilities, and Skills
  • Advanced degree in a quantitative discipline such as engineering, physics, economics, or mathematics.
  • Minimum 10 years of professional experience in catastrophe modelling, ideally within a broker, insurer, reinsurer, or model development firm.
  • Expertise in Verisk/AIR or Moody's/RMS modelling software, with proficiency in catastrophe risk modelling methods, terminology, and metrics is a must.
  • Demonstrated experience in model evaluation, validation, and/or development, with application to insurance, reinsurance, or banking business cases.
  • Strong leadership skills, with the ability to influence, lead cross-functional teams, and drive strategic initiatives.
  • Excellent communication skills, with the ability to clearly and succinctly convey complex analytical outputs to stakeholders (both written and verbal).
  • Proficiency in programming languages such as R or Python and geospatial data analysis

Preferred Qualifications, Capabilities, and Skills
  • Advanced degree (PhD preferred) in a quantitative discipline such as engineering, physics, economics, or mathematics.
  • Knowledge of climate scenario analysis, regulatory requirements, and their application to banking is a plus.

About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Risk Management helps the firm understand, manage and anticipate risks in a constantly changing environment. The work covers areas such as evaluating country-specific risk, understanding regulatory changes and determining credit worthiness. Risk Management provides independent oversight and maintains an effective control environment.

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