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Climate Risk Insurance Jobs in Connecticut (NOW HIRING)

... Risk Research and Monitoring • Evaluate exposure to cyber insurance risks and assess impacts from potential systemic events • Perform research on climate change, artificial intelligence and other ...

... Risk Research and Monitoring • Evaluate exposure to cyber insurance risks and assess impacts from potential systemic events • Perform research on climate change, artificial intelligence and other ...

... Risk Research and Monitoring Evaluate exposure to cyber insurance risks and assess impacts from potential systemic events Perform research on climate change, artificial intelligence and other ...

Senior Actuarial Analyst

Hartford, CT · On-site

$100K - $130K/yr

S. college/university, with a major or coursework in insurance, risk management, economics ... Physical demands are considered those of a climate-controlled office environment with minimal ...

... climate resilience, water management, and the restoration of fish and wildlife habitats. What You ... Dental & Vision Insurance * Wellness Rewards and Reimbursements * Tuition Reimbursement and ...

Senior Pricing Actuary

Hartford, CT · On-site

$150K - $200K/yr

S. college/university, with a major or coursework in insurance, risk management, economics ... Physical demands are considered those of a climate-controlled office environment with minimal ...

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Climate Risk Insurance information

What are the key skills and qualifications needed to thrive as a Climate Risk Insurance professional, and why are they important?

To thrive as a Climate Risk Insurance professional, you need expertise in risk assessment, climate science, and insurance principles, often supported by a degree in finance, environmental science, or actuarial studies. Familiarity with modeling software, data analytics platforms, and relevant industry certifications like Chartered Property Casualty Underwriter (CPCU) is typically required. Strong analytical thinking, communication, and problem-solving skills help professionals interpret complex data and explain risk scenarios to clients. These skills are crucial for accurately assessing climate-related risks and developing effective insurance solutions in a rapidly changing environment.

What are some common challenges faced by professionals working in climate risk insurance?

Professionals in climate risk insurance often navigate rapidly evolving scientific data, regulatory frameworks, and unpredictable weather events that impact risk assessment and pricing. Collaborating closely with underwriters, actuaries, and climate scientists is essential to accurately model and manage emerging risks. Staying updated on advancements in climate modeling tools and regulatory changes is crucial, as is effectively communicating complex risk information to clients and stakeholders. This dynamic environment requires adaptability, strong analytical skills, and a proactive approach to ongoing learning.

What is climate risk insurance?

Climate risk insurance is a type of insurance product designed to protect individuals, businesses, or governments against financial losses caused by climate-related events, such as floods, hurricanes, droughts, or wildfires. It works by providing payouts or coverage when certain climate-triggered conditions are met, helping policyholders recover from disasters more quickly. This insurance is increasingly important as climate change leads to more frequent and severe weather events, and it can also incentivize risk reduction strategies.

What is the difference between Climate Risk Insurance vs Environmental Risk Analyst?

AspectClimate Risk InsuranceEnvironmental Risk Analyst
Required CredentialsCertifications in insurance, risk management, environmental scienceDegrees in environmental science, risk assessment, or related fields
Work EnvironmentInsurance companies, risk consulting firms, financial institutionsEnvironmental consulting firms, government agencies, corporations
Industry UsageInsurance policies, risk mitigation strategies for climate-related eventsEnvironmental impact assessments, regulatory compliance, risk analysis

Climate Risk Insurance focuses on developing insurance products to protect against climate-related damages, while Environmental Risk Analysts assess environmental risks and advise on mitigation strategies. Both roles require environmental knowledge but differ in their primary functions and industry applications.

What job categories do people searching Climate Risk Insurance jobs in Connecticut look for? The top searched job categories for Climate Risk Insurance jobs in Connecticut are:
What cities in Connecticut are hiring for Climate Risk Insurance jobs? Cities in Connecticut with the most Climate Risk Insurance job openings:
AVP/Director, ERM Actuary

AVP/Director, ERM Actuary

Berkley

Greenwich, CT

Full-time

Posted 7 days ago


Job description

"Our Company provides a state of predictability which allows brokers and agents to act with confidence."

Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.
Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.
Today the Berkley brand comprises more than 60+ businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. 

The Company is an equal employment opportunity employer.


*Please provide a one-page resume when applying.

Enterprise Risk Management (ERM) Team
Our key risk management aim is to maximize Berkley’s return on capital over the long term for an acceptable level of risk. This requires regular interaction with senior management both in corporate and our business units. The ERM team comprises ERM actuaries and catastrophe modelers responsible for identification, quantification and reporting on insurance, investment, credit and operational risks. The ERM team is a corporate function at Berkley’s headquarters in Greenwich, CT.

The Role
The successful candidate will lead high-impact projects with a focus on casualty and professional liability accumulation, risk assessment, group reporting and emerging risk insights. This role blends handson analytical execution with strategic responsibility and offers significant visibility to senior executives. It is well suited for someone who is energized by analytical depth, grounded in sound business judgment, and motivated to enhance ERM processes through disciplined structure and thoughtful automation. Candidates who thrive in this role combine curiosity with rigor, collaborate effectively across business units and demonstrate the maturity to lead complex projects from initial problem framing to executive communication.

Key responsibilities include:

Casualty and Professional Liability Accumulation
• Lead the group-wide casualty accumulation analytics initiative, owning the end-to-end process from data pipeline design and ETL automation to clear visualizations of analytical results that support executive decision-making
• Maintain active feedback loops with business leaders to ensure data are correctly interpreted, assumptions are challenged, and insights reflect true exposure patterns
• Collaborate with data engineers to resolve complex data challenges and implement scalable solutions
• Model complex reinsurance protections


Risk Assessment and Group Reporting
• Lead the implementation and continuous improvement of risk assessment processes across domestic and international business units
• Analyze and present risk assessment outcomes to senior executives, translating signals into decision-ready insights
• Draft Group-level ERM reports and review ERM reports for the international entities, ensuring clarity, coherence, and alignment with Group standards
• Support other key deliverables to senior executives, rating agencies and regulators

Emerging Risk Research and Monitoring
• Evaluate exposure to cyber insurance risks and assess impacts from potential systemic events
• Perform research on climate change, artificial intelligence and other emerging risks and evaluate their impact on property and casualty lines, invested assets and general business operations
• Author ERM newsletters to communicate insights and trends on emerging risks to business units
• Support the development of casualty event scenarios, drawing on historical events and emerging trends to quantify tail-event exposures


Business & Strategic Thinking
• Minimum of 5 years of experience in casualty or professional liability (re)insurance; ACAS/FCAS is a plus
• Strong critical thinking and problem solving skills; able to evaluate different options, challenge assumptions and translate analytical results into business implications

Communication & Collaboration
• Strong verbal and written communication skills, with the ability to lead executive-level discussions
• Collaborative work style and a willingness to partner closely with colleagues across disciplines and geographies

Leadership
• Proven ability to manage complex projects and meet deadlines in a dynamic, lean team environment
• Professional maturity in navigating ambiguity and adjusting to evolving business needs while maintaining structure and analytical rigor
• Owning deliverables from scoping through execution, ensuring completeness, accuracy and business relevance; comfortable engaging directly with data, analytical workflows and model outputs

Technical Fluency and Automation Mindset
• Proficiency in Excel; experience with data visualization tools is a plus
• Working knowledge of programming concepts, including experience with troubleshooting or enhancing ETL workflows
• Interest in using technology, including AI enabled tools, to streamline and automate recurring processes
• Bachelor’s degree or higher