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Catastrophe Risk Modeling Jobs in Philadelphia, PA

Support end to end catastrophe model evaluation across the company: * Define and implement the AIG View of Risk * Validate new and existing vendor models * Propose adjustments to vendor out of the ...

Help create the Chubb view-of-risk by conducting independent research and integrating findings into the catastrophe modeling framework * Support corporate catastrophe event response activities by ...

... in the model run cycles. * Participate in reviews of internal capital for key subsidiaries with Chubb Management * Analyze key risks within the organization (i.e. Catastrophe Risk, Market Risk ...

... risk management expertise to our partners and customers. As a trusted industry expert, we offer a ... Working knowledge of catastrophe models including RMS * Successful track record of developing and ...

... risk management expertise to our partners and customers. As a trusted industry expert, we offer a ... Working knowledge of catastrophe models including RMS * Successful track record of developing and ...

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Catastrophe Risk Modeling information

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$14

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$74

How much do catastrophe risk modeling jobs pay per hour?

As of Jun 14, 2026, the average hourly pay for catastrophe risk modeling in Philadelphia, PA is $30.61, according to ZipRecruiter salary data. Most workers in this role earn between $19.66 and $39.04 per hour, depending on experience, location, and employer.

What are typical daily responsibilities for someone working in Catastrophe Risk Modeling?

Catastrophe Risk Modeling professionals are responsible for analyzing data on natural and man-made disasters to evaluate potential financial risks for insurance and reinsurance companies. Daily tasks often include running simulation models, interpreting large datasets, preparing risk summaries, and presenting findings to underwriters or business leaders. They frequently collaborate with cross-functional teams, such as actuaries, engineers, and data scientists, to refine model assumptions and improve accuracy. The work environment usually encourages continuous learning and adaptation to evolving methods and new data sources, offering a mix of individual analysis and team-based projects.

What is a Catastrophe Risk Modeling job?

A Catastrophe Risk Modeling job involves analyzing and assessing the financial impact of natural and man-made disasters, such as hurricanes, earthquakes, and terrorist attacks. Professionals in this field use statistical models, historical data, and simulation software to estimate potential losses and help insurance companies, reinsurance firms, and financial institutions manage risk. Their work aids in setting insurance premiums, determining capital reserves, and developing risk mitigation strategies. Strong analytical skills, proficiency in programming and modeling tools, and knowledge of geospatial and actuarial concepts are essential for success in this role.

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

To thrive in Catastrophe Risk Modeling, you need a strong background in mathematics, statistics, or engineering, often supported by a relevant degree such as actuarial science, data science, or related fields. Familiarity with risk modeling software (such as RMS or AIR), GIS tools, and programming languages like Python or R is highly valued, along with relevant certifications such as Certified Catastrophe Risk Analyst (CCRA). Excellent problem-solving, attention to detail, and effective communication skills help in interpreting complex data and collaborating with underwriters, analysts, and stakeholders. These competencies are crucial for accurately quantifying risk, informing insurance pricing, and supporting business decisions in the fast-changing environment of catastrophe risk assessment.

What job categories do people searching Catastrophe Risk Modeling jobs in Philadelphia, PA look for? The top searched job categories for Catastrophe Risk Modeling jobs in Philadelphia, PA are:
Infographic showing various Catastrophe Risk Modeling job openings in Philadelphia, PA as of June 2026, with employment types broken down into 83% Full Time, and 17% Contract. Highlights an 83% In-person, and 17% Remote job distribution, with an average salary of $63,673 per year, or $30.6 per hour.
Senior Catastrophe Risk Analyst

Senior Catastrophe Risk Analyst

Gallagher

Philadelphia, PA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 23 days ago


Arthur J. Gallagher & Co. rating

7.7

Company rating: 7.7 out of 10

Based on 66 frontline employees who took The Breakroom Quiz

177th of 261 rated insurance


Job description

Introduction
At Gallagher Re, we bring clarity to complexity by helping clients around the world make confident, data-driven decisions in a rapidly evolving risk landscape. Here, you’ll be part of a team that leverages world-class analytics and deep reinsurance expertise to deliver strategic advisory services and transactional excellence. Together, we transform advanced insights and market intelligence into strategies that protect businesses, drive performance, and shape the future of reinsurance. We’re a community of decision makers, future shapers, and trusted experts working side by side to deliver meaningful impact through innovative thinking and practical solutions. At Gallagher Re, your curiosity is welcomed, your growth is championed, and your work truly matters. This is a place where you'll have the freedom to explore new ideas, take ownership of your career, and collaborate with people who are as driven and inquisitive as you are.

Overview

At Gallagher Re, we’re looking for a Senior Catastrophe Risk Analyst to join our team and help analyze natural catastrophe risks for insurance and reinsurance underwriting. In this role, you’ll work with advanced tools and data to assess portfolio risks, develop exposure models, and create analysis procedures that support critical business decisions.

This is a dynamic role where you’ll contribute to impactful projects, collaborate with cross-functional teams, and help improve processes and systems to enhance performance.


How you'll make an impact

You’ll process and analyze natural catastrophe risk information to support underwriting and portfolio risk assessments. You’ll prepare analyses for realistic disaster scenarios, risk aggregation, and other risk measurement requirements.

You’ll also manage projects and processes independently, coach junior team members, and contribute to process improvements. By leveraging your expertise, you’ll help improve products, systems, and procedures to enhance the function’s overall performance.

 

Here’s what you’ll bring to the role:

  • Experience managing projects, systems, or processes with limited supervision.
  • Strong problem-solving skills to address moderately complex challenges.
  • Ability to coach and mentor junior team members.
  • A collaborative mindset and a passion for improving processes and systems.
  • Experience in catastrophe risk analysis or a related field is a plus.

About You
  • Typically requires a University Degree and minimum 5 years of prior relevant experience, or equivalent experience
  • Experience with catastrophe modeling platforms including AIR (Verisk) and RMS
  • Exceptional written and verbal communication skills to effectively engage with clients and colleagues 
  • Strong problem-solving skills and keen attention to detail 

#LI-BB1


Compensation and benefits

We offer a competitive and comprehensive compensation package. The base salary range represents the anticipated low end and high end of the range for this position. The actual compensation will be influenced by a wide range of factors including, but not limited to previous experience, education, pay market/geography, complexity or scope, specialized skill set, lines of business/practice area, supply/demand, and scheduled hours. On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. 

Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

  • Medical/dental/vision plans, which start from day one!
  • Life and accident insurance
  • 401(K) and Roth options
  • Tax-advantaged accounts (HSA, FSA)
  • Educational expense reimbursement
  • Paid parental leave

Other benefits include:

  • Digital mental health services (Talkspace)
  • Flexible work hours (availability varies by office and job function)
  • Training programs
  • Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
  • Charitable matching gift program
  • And more...

**The benefits summary above applies to fulltime positions. If you are not applying for a fulltime position, details about benefits will be provided during the selection process.

We value inclusion and diversity

Click Here to review our U.S. Eligibility Requirements

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.

Qualifications:
  • Typically requires a University Degree and minimum 5 years of prior relevant experience, or equivalent experience
  • Experience with catastrophe modeling platforms including AIR (Verisk) and RMS
  • Exceptional written and verbal communication skills to effectively engage with clients and colleagues 
  • Strong problem-solving skills and keen attention to detail 

#LI-BB1

Education:UNAVAILABLEEmployment Type: FULL_TIME

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