Share this Job

Armonk, NY, US


Nat Cat Specialist 

About Swiss Re

The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cybercrime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally. It is organized into three Business Units, each with a distinct strategy and set of objectives contributing to the Group’s overall mission.


About the role

Are you striving to apply your science or engineering background to increase our resilience against natural catastrophes? Are you motivated to reduce the insurance protection gap by contributing to the development of novel solutions and commercial products? Are you interested in a role that will provide a stepping stone to long-term career advancement opportunities within the re/insurance sector, e.g. in underwriting, risk management or insurance solution design?


As a member of the Catastrophe Perils team, you will join our efforts to develop state-of-the-art models used for quantifying physical and economic impacts of natural catastrophes. You will collaborate with internal partners and external organizations from various disciplines and craft solutions to reduce negative consequences of catastrophes. You will have opportunities to transition into a wide range of technical and non-technical roles and advance your career in the financial industry.


In your role as a Natural Catastrophe (Nat Cat) Specialist with expertise related to atmospheric perils, you will:

  • Develop new or improve existing models for quantifying risk associated with atmospheric and/or hydrological hazards (such as hurricanes, severe convective storms, wildfires, droughts, winter storms, storm surge) and climate change
  • Collaborate with underwriting and engineering teams to review and assess vulnerability to atmospheric or hydrological hazards
  • Leverage novel technologies such as remote sensing and machine learning to evaluate exposure to natural hazards
  • Build and commercialize innovative products and solutions to expand climate resilience in the financial sector
  • Support business units in the Nat Cat underwriting and pricing process
  • Act as a liaison between the scientific/engineering community and Swiss Re


About the team

The Catastrophe Perils team is responsible for Swiss Re's global risk assessment framework and related client services in three locations across the globe. We are accountable for developing and disseminating Swiss Re's view of Nat Cat risk. To achieve this, we develop and utilize state-of-the-art probabilistic models for assessing impacts of natural catastrophes such as windstorms, earthquakes and floods. We operate with a clear business mandate to grow Swiss Re's visionary edge in natural perils (re)insurance in close cooperation with underwriters and clients.


About you

  • Master's degree or Ph.D. in meteorology; applied physics; atmospheric, climate, or other natural sciences; or a related technical field. Experience in state-of-the-art applied research in atmospheric perils or climate science a plus
  • Strong analytical and quantitative background
  • Exceptional academic performance
  • Strong interest for career advancement in the financial industry
  • Independent thinking and creative problem solving skills
  • Highly motivated with an ability to effectively manage own time and priorities in a collaborative environment
  • High-level of curiosity to scout for new ideas and eagerness to transform them into products or services with commercial value
  • Strong computing and programming skills (e.g. Matlab); knowledge about structured databases and geographical information systems a plus
  • Solid background in probability or statistics
  • Strong communication and presentation skills and ability to explain complex problems with clarity and effectiveness
  • Excellent verbal and written English. Fluency in other languages a plus


Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled.

During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed.


Reference Code: 86343 



Nearest Major Market: White Plains
Nearest Secondary Market: New York City