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Catastrophe Risk Jobs (NOW HIRING)

Risk Consultant

Boston, MA ยท On-site

$85K - $110K/yr

Join the KCC team and have a hand in the future of both the insurance and catastrophe risk modeling industries. Expected Salary Range: $85,000-$110,000 About KCC: Karen Clark & Company (KCC) is the ...

Risk Consultant

Boston, MA ยท On-site

$85K - $110K/yr

Join the KCC team and have a hand in the future of both the insurance and catastrophe risk modeling industries. Expected Salary Range: $85,000-$110,000 About KCC: Karen Clark & Company (KCC) is the ...

Risk Consultant

Boston, MA ยท On-site

$85K - $110K/yr

Join the KCC team and have a hand in the future of both the insurance and catastrophe risk modeling industries. Expected Salary Range: $85,000-$110,000 About KCC: Karen Clark & Company (KCC) is the ...

Software Engineer

Boston, MA ยท 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 ...

Showing results 41-60

Catastrophe Risk information

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$30

$74

How much do catastrophe risk jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for catastrophe risk in the United States is $30.34, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $38.70 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a catastrophe risk analyst, and why are they important?

To thrive as a Catastrophe Risk Analyst, you need strong analytical skills, a background in statistics or actuarial science, and often a degree in mathematics, engineering, or a related field. Proficiency with catastrophe modeling software (such as RMS or AIR), GIS tools, and data analysis platforms like SQL or Python is typically required. Exceptional problem-solving abilities, attention to detail, and effective communication skills help analysts interpret data and present risk findings clearly. These skills are crucial for accurately assessing potential losses and supporting sound decision-making in the insurance and reinsurance industries.

What is the difference between Catastrophe Risk vs Property Underwriter?

AspectCatastrophe RiskProperty Underwriter
Required credentialsBachelor's in risk management, actuarial examsBachelor's in insurance, risk management, or related field
Work environmentRisk modeling, data analysis, often in office or remoteAssessing property risks, underwriting policies, office setting
Employer & industry usageInsurance companies, reinsurance firms, risk consultanciesInsurance companies, brokers, underwriting agencies
Common search intentUnderstanding risk assessment for catastrophic eventsEvaluating property risks for insurance policies

While both roles involve risk assessment, Catastrophe Risk specialists focus on modeling and analyzing large-scale disaster risks, whereas Property Underwriters evaluate individual property risks to determine insurance coverage. Understanding these differences helps in choosing the right career path or job role within the insurance industry.

What are some common challenges faced by professionals working in catastrophe risk roles?

Professionals in Catastrophe Risk often encounter challenges such as interpreting complex data from multiple sources, staying updated with the latest modeling technologies, and managing uncertainty in predictions. They frequently work under tight deadlines, especially after major events like hurricanes or earthquakes, when rapid assessment is crucial. Collaboration with underwriters, actuaries, and data scientists is essential, as is the ability to communicate technical insights to non-technical stakeholders. Adapting to evolving regulatory requirements and emerging risks, such as those related to climate change, is also a key aspect of the role.

What is catastrophe risk?

Catastrophe risk refers to the potential for significant losses resulting from large-scale, unexpected events such as natural disasters (like earthquakes, hurricanes, and floods) or man-made incidents (such as terrorism or industrial accidents). Professionals in catastrophe risk analyze, model, and manage these risks to help insurers, businesses, and governments prepare for and mitigate the financial impact of such events. Their work is essential for developing strategies, setting insurance premiums, and ensuring adequate reserves in the face of potentially devastating occurrences.
More about Catastrophe Risk jobs
What states have the most Catastrophe Risk jobs? States with the most job openings for Catastrophe Risk jobs include:
Infographic showing various Catastrophe Risk job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 88% Full Time, 8% Part Time, and 3% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $63,100 per year, or $30.3 per hour.

Catastrophe Risk Modeling Specialist

MSIG Holdings USA, Inc.

Warren, NJ โ€ข On-site

$95K - $125K/yr

Full-time

Re-posted 20 days ago


Job description

MSIG USA continues to grow!
Company Overview:
MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world's top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business's unique risks.
Location
Location: Hybrid role; Atlanta, GA preferred. Warren, NJ or NY considered. Other MSMM office locations may be possible.
Position Overview:
As an expanding and critical area in the insurance industry, catastrophe modeling plays a key role in protecting insureds from the impacts of climate change. MSMM is seeking a motivated individual with strong analytical skills and an interest in quantitative analysis to join our Catastrophe Modeling team.
The Catastrophe Modeling Analyst will work closely with experienced modelers to perform account-level modeling for the company's property portfolio using vendor software (AIR) and internal tools. This role involves collecting, analyzing, and ensuring the quality of property data, as well as supporting underwriters with outputs needed for informed risk decisions. Additional responsibilities include portfolio-level analysis for PML calculations, property aggregations, profitability, and trend indications.
Essential Functions:
  • Perform account-level property catastrophe modeling and assist underwriters with day-to-day requests.
  • Review and validate high-impact account modeling results; support initiatives to improve modeling efficiency.
  • Identify and monitor aggregate exposures to mitigate potential losses from extreme events (e.g., hurricanes, earthquakes, wildfires).
  • Track and analyze underwriting data to manage MSMM's property portfolio.
  • Maintain data quality through regular file and portfolio reviews and completion of QC checklists.
  • Collaborate with underwriting, reinsurance, and management teams to implement best practices for data integrity.
  • Provide modeling support for field underwriters and resolve related issues.
  • Deliver data and modeling results for Ceded Re, Actuarial, and Finance teams; complete ad hoc projects as needed.
  • Support monthly and quarterly modeling processes.
  • Assist in developing internal/external training programs related to catastrophe management.
  • Enhance reporting capabilities and create new reports for senior leadership.

Education & Experience:
  • 2-3 years of experience in catastrophe modeling, preferably in commercial lines with portfolio modeling focus.
  • Proficiency in Verisk CAT modeling; Moody's experience is a plus.
  • Strong understanding of commercial property insurance terms and ability to accurately model complex structures.
  • Advanced skills in Excel and SQL; experience with Python, VBA, or R is beneficial.
  • Excellent communication skills to present complex analyses to business stakeholders.
  • Highly organized with attention to detail; ability to manage multiple priorities and deliver high-quality work on time.
  • Bachelor's degree in a quantitative field (mathematics, data science, computer science, or physical sciences).

Salary: The base pay range is $95,000.00 - 125,000.00. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.
#LI-HYBRID
It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!
It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities.