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Associate, Reinsurance Pricing

Associate, Reinsurance Pricing

AXA GroupGurugram, Haryana, India
9 hours ago
Job description

AXA XL is looking for talented individuals to support our business across all product lines and geographies. This is an exciting opportunity to be part of a dynamic, global business.

DISCOVER your opportunity

What will your essential responsibilities include?

  • Gather and interpret information from clients, brokers, and underwriters.
  • Work with our customers to understand exposures, review modeling results, explain modeling limitations and resolve issues promptly.
  • Model catastrophe reinsurance structures and strategies using primarily RMS (Risk Browser & Risk Link) and other vendors to support actuarial / underwriting functions primarily serving Facultative Reinsurance lines.
  • Assess the data quality and make necessary assumptions for modeling.Create reports for client exposure and modeled losses.
  • Support our other reinsurance groups, analyzing both individual risk and portfolio level risk where required.
  • Collate data for various business units to prepare for Fac portfolio aggregation, apply or update policy terms based on endorsement or slips.
  • Preparing the monthly\quarterly aggregation reports, building out in-force portfolios and providing the corresponding loss distributions by peril / region.
  • Support projects that improve our function such as model validation, tool development, and data mining.
  • Develop processes & scripts to facilitate data transfers and optimize risk calculations.
  • Perform other job-related duties as assigned.

You will report to Senior Specialist, Reinsurance Pricing.

SHARE your talent

We’re looking for someone who has these abilities and skills :

Required Skills and Abilities :

  • Relevant years of experience in a cat modeling role. Experience with RMS products, especially RiskLink & Risk browser is necessary.AIR products experience preferred, but not required.
  • Undergraduate-level knowledge of statistical and mathematical concepts required.
  • Excellent computer skills for using Microsoft Office (Excel, Access), SQL, and VBA.
  • Should be deadline driven and have ability to work under pressure.
  • Good analytical, interpersonal, communication and organizational skills.
  • Desired Skills and Abilities :

  • Understanding of reinsurance terms and conditions preferred but not required.
  • Ability to work with large amount of data, complex instructions, multiple exceptions, and layered categorizations.
  • FIND your future

    AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re / insurance, we reinvent it.

    How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.

    With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.

    Inclusion & Diversity

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    Associate Pricing • Gurugram, Haryana, India

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