Capital Allocation and Profitability:

• Develop and evaluate methodologies for allocating enterprise capital to products, states, risks, and other business segments.
• Evaluate marginal and diversified capital approaches relative to existing allocation methodologies.
• Support calculation and analysis of risk-adjusted profitability, capital intensity, and return on risk-adjusted capital.
• Analyze the relationship between capital allocation and target combined ratios.

Model Development and Controls:

• Build reproducible and controlled modeling processes.
• Develop automated data validation, model testing, reconciliation, and change-control processes.
• Maintain clear documentation of methodology, assumptions, model architecture, limitations, and model changes.
• Establish version control and appropriate development/production model practices.
• Develop efficient processes for recurring scenario and sensitivity analyses.

Model Governance and Challenge:

• Provide independent technical challenge of assumptions supplied by internal subject-matter experts and external consultants.
• Collaborate with external capital modeling consultants on methodology development and model enhancements.
• Support independent model validation and remediation of identified findings.
• Support ORSA, rating agency, regulatory, and management discussions related to economic capital.
• Clearly distinguish experimental/internal analyses from official capital-model results.

Required Experience, Education and Skills:

• A Bachelor’s degree in a related field or equivalent combination of education and experience.
• 10+ years of related experience, including considerable experience in P&C insurance economic capital modeling, enterprise risk modeling, or closely related quantitative insurance modeling.
• Proven ability to design or build stochastic insurance models, rather than solely operate existing models.
• Strong understanding of Monte Carlo simulation, probability distributions, VaR and TVaR, dependency and correlation modeling, diversification, capital attribution, and parameter/model uncertainty.
• Solid understanding of P&C underwriting and reserve risk.
• Experience incorporating catastrophe-model output into economic capital or other stochastic insurance models.
• Understanding of reinsurance structures and their impact on loss distributions and capital.
• Working knowledge of investment market and credit risk within an insurer's balance sheet.
• Strong programming capability in Python, R, or another quantitative language.
• Ability to work with large datasets and develop repeatable analytical processes.
• Ability to communicate sophisticated quantitative concepts to nontechnical business leaders.

What would make us excited about you?

• Experience with ReMetrica.
• FCAS, ACAS, CFA, FRM, graduate degrees, or other relevant quantitative credential; actuarial credentials are useful but not required.
• Experience with capital allocation, marginal capital, or RORAC.
• Experience with catastrophe vendor models such as Verisk/AIR, Moody's RMS, or Cotality/CoreLogic.
• Experience modeling reinsurance treaties.
• Familiarity with NAIC RBC, AM Best BCAR, ORSA, statutory accounting, and insurance regulatory capital.
• Experience with model validation or model-risk-management frameworks.
• Experience with Git/version control and production analytical-development practices.
• Experience supporting senior management, Board, rating agency, or regulatory discussions.
• Actively shapes our company culture (e.g., supporting employee resource groups, mentoring employees, volunteering, joining cross-functional projects).
• Champions our cultural norms (e.g., willing to have cameras on when it matters: helping onboard new team members, building relationships, etc.).
• Demonstrates a company ownership mindset, thinking beyond boundaries of their own area.
• Travels as needed for role, including divisional / team meetings and other in-person meetings.
• Fulfills business needs, which may include investing extra time, helping other teams, etc.

Why Choose a Career at CSAA IG?

At CSAA IG, we are a mission-driven organization proudly committed to empowering our members, our employees, and our communities to thrive.

Recognition:
We offer a total compensation package, annual bonus eligibility for most roles, 401(k) with a company match, and so much more! Read more about what we offer and what it is like to be a part of our dynamic team at CSAA Careers.

Career Growth:
We believe in growth for everyone. Here at CSAA IG, leaders and mentors partner with employees to align interests, unlock development opportunities, and support long‑term success.

Flexible Workplace:
We embrace a remote-first culture through our Flexible Workplace. Most employees hold Home-Flex roles, working primarily from home, often with the flexibility to work from various locations including CSAA offices. Our flexible workplace empowers you to balance remote work with intentional in‑person moments that deepen connection and collaboration.

Inclusion and Belonging:
An inclusive and welcoming workplace is the cornerstone of our success. By fostering an environment where people feel valued and heard, we deepen our ability to understand and meet the unique needs of our members. This strengthens innovation and enhances our products and services, giving us a competitive edge in the market.

Sustainability:
As climate change leads to more frequent and severe weather events, we are taking bold action to build more resilient communities and reduce our environmental impact.

Submit your application to be considered.

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CSAA is committed to providing reasonable accommodations to qualified applicants and employees with disabilities or other limitations. If you would like to request an accommodation to participate in the job application or interview process, please contact TalentAcquistion@csaa.com

If you apply and are selected to continue in the recruiting process, we will schedule a preliminary call with you to discuss the role and will disclose during that call the available salary/hourly rate range based on your location. Factors used to determine the actual salary offered may include location, experience, or education.

CSAA does not provide visa sponsorship for this role. Applicants must have authorization to work indefinitely in the US. Please do not apply for this