Quantitative Analyst

Resolute Management - Boston, MA

Full-time - Mid Level

Boston, MA

Insurance Carriers and Related Activities

About the position

The Quantitative Analyst at Resolute Management, Inc. plays a crucial role in risk modeling for environmental insurance claims. This position involves data scrubbing, model development to simulate complex claim outcomes, and quality assurance of these models. The analyst will collaborate with stakeholders in the Claims and Legal departments to understand their needs and present findings to management for strategic decision-making. This role requires a high degree of independence and strong analytical skills.

Responsibilities

• Build and calibrate models that forecast the impact of environmental claims to various client companies.
• Participate in annual reserving initiatives from data collection to model design and execution.
• Provide quantitative support to other departments to address specific business questions, solutions, or plans.
• Generate ad hoc reporting for management and clients.

Requirements

• Bachelor of Science in a quantitative field (Mathematics, Statistics, Economics, Finance, Accounting).
• 5-8 years experience in data analysis (statistical or financial), preferably in the insurance industry.
• Understanding of mathematical modeling and forecasting methods and how to apply them to complex scenarios incorporating multiple variables and constraints.
• Ability to solve qualitative problems quantitatively and present or explain solutions to an audience with a limited math or computing background.
• Advanced user of Excel with experience writing lengthy formulas, manipulating large sets of data and summarizing results.
• Experience working with data sets and an affinity for systems.