Data Analyst Sr. - Catastrophe Modeling

Join Forbes’ 2024 Best Employer for Diversity! As a senior or lead data analyst on the Commercial Lines Risk Group, you’ll be part of a new team responsible for creating analyses and advising senior leadership on the broad risks associated with our established businesses and the expansion into new areas, such as Business Owner's Policy (BOP) and Transportation/Delivery Network Companies (TNC/DNC). You’ll analyze Property Catastrophe (CAT) modeling output and translate into meaningful stories and advice, applied to exposure management and CAT reinsurance purchases. In this role, you’ll work in the broad area of financial modeling, Dynamic Financial Analysis (DFA), developing stochastic simulation models with application to Combined Ratio (CR) Targeting, Reasonable Worst-Case (RWC) evaluations and Reinsurance purchases. Additionally, you’ll focus on ceded reinsurance projects, collaborating with the Corporate Risk and Reinsurance group and external reinsurance brokers. Remote work allowed with travel to Mayfield Village, OH required. Must-have qualifications • A minimum of six years of analytical work experience. • {OR} Bachelor's degree or higher and a minimum of five years of analytical work experience. • OR} Bachelor's degree or higher in a quantitative field of study and a minimum of three years analytical work experience. Preferred skills • Experience in the Property and Casualty industry to include understanding of insurance operations • Proficiency with coding (R or Python and SQL) and statistical modeling • Knowledge of ceded reinsurance • Understanding of how to use data to drive decisions, provide insights, and be able to present those insights in a meaningful way • Comfortable with open-ended problem-solving, along with close collaboration with supervisors to ensure project success. Compensation • $79,200 - $130,000/year depending on position level • Gainshare bonus up to 30% of your eligible earnings based on company performance and position level Benefits • 401(k) with dollar-for-dollar company match up to 6% • Medical, dental & vision, including free preventative care • Wellness & mental health programs • Health care flexible spending accounts, health savings accounts, & life insurance • Paid time off, including volunteer time off • Paid & unpaid sick leave where applicable, as well as short & long-term disability • Parental & family leave; military leave & pay • Diverse, inclusive & welcoming culture with Employee Resource Groups • Career development & tuition assistance • Onsite gym & healthcare at large locations Energage recognizes Progressive as a 2024 Top Workplace for: Innovation, Purposes & Values, Work-Life Flexibility, Compensation & Benefits, and Leadership. Equal Opportunity Employer Sponsorship for work authorization for foreign national candidates is not available for this position. For ideas about how you might be able to protect yourself from job scams, visit our scam-awareness page at https://www.progressive.com/careers/how-we-hire/faq/job-scams/ #LI-Remote Apply Job!