Parametric Structurer
Location: Miami, Florida
Company: LIRG™ (Algorithmic Insurance Services, Inc.)
About LIRG
LIRG™ is a global (re)insurance brokerage and advisory platform specializing in parametric risk transfer, reinsurance structuring, captives, and (re)insurers worldwide. With operations spanning the U.S., Latin America, and the Caribbean, LIRG partners with leading reinsurers, cedents, and capital providers to build innovative and scalable solutions that redefine modern risk financing.
Role Overview
We are seeking a Parametric Structurer to join our growing team in Miami. The ideal candidate will be responsible for developing, pricing, and structuring parametric reinsurance and insurance solutions across multiple perils including wind, earthquake, flood, temperature, and supply chain disruption. This role bridges data analytics, underwriting, and reinsurance structuring, working closely with LIRG’s global team and our partners in Colombia, London, and Bermuda.
Key Responsibilities
• Design and structure parametric insurance and reinsurance contracts based on objective trigger data (satellite, IoT, NOAA, ShakeMap, etc.).
• Work with internal brokers, underwriters, and cedents to translate traditional insurance exposures into parametric risk frameworks.
• Analyze hazard datasets and historical loss data to calibrate payout curves, correlation, and basis risk.
• Develop and maintain financial models, rate cards, and underwriting tools to support quoting and placement.
• Collaborate with reinsurers and modeling partners to negotiate terms, validate triggers, and support treaty documentation.
• Contribute to product innovation, including the development of new indices, industry loss warranties (ILWs), and catastrophe-linked reinsurance structures.
• Support presentations, marketing materials, and pitch decks for internal and client use.
Qualifications
• Bachelor’s or Master’s degree in Actuarial Science, Engineering, Mathematics, Economics, or related quantitative field.
• 3+ years of experience in (re)insurance structuring, catastrophe modeling, or parametric product development preferred.
• Strong proficiency in Excel, Python, or R; experience with catastrophe models (RMS, AIR, Oasis, etc.) is a plus.
• Understanding of reinsurance treaties, catastrophe bonds, and alternative risk transfer mechanisms.
• Excellent communication and presentation skills in English and Spanish.
• Ability to work in a fast-paced, entrepreneurial environment and collaborate across global teams.
Why Join LIRG
• Be part of a global leader in parametric and alternative reinsurance.
• Collaborate with top-tier reinsurers, and capital providers across multiple markets.
• Competitive compensation, growth potential, and an opportunity to contribute to industry-defining innovation.
• A dynamic, technology-driven culture with offices in Miami, Bogotá, and beyond.
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