Essential Responsibilities :
- Gather and interpret information from clients, brokers, and underwriters.
- Work with 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 & RiskLink) and other vendor tools to support actuarial / underwriting functions, primarily serving Facultative Reinsurance lines.
- Assess data quality and make necessary assumptions for modeling.
- Create reports for client exposure and modeled losses.
- Support other reinsurance groups by analyzing both individual risk and portfolio-level risk where required.
- Collate data for various business units to prepare for Facultative portfolio aggregation; apply or update policy terms based on endorsements or slips.
- Prepare monthly / quarterly aggregation reports, build in-force portfolios, and provide corresponding loss distributions by peril / region.
- Support projects aimed at improving the function, such as model validation, tool development, and data mining.
- Develop processes and scripts to facilitate data transfers and optimize risk calculations.
- Perform other job-related duties as assigned.
- You will report to the Senior Specialist, Reinsurance Pricing.
Required Skills and Abilities :
Relevant years of experience in a catastrophe modeling role.Experience with RMS products, especially RiskLink and Risk Browser, is necessary; experience with AIR products is preferred but not required.Undergraduate-level knowledge of statistical and mathematical concepts.Excellent computer skills, including Microsoft Excel, Access, SQL, and VBA.Ability to meet deadlines and work effectively under pressure.Strong analytical, interpersonal, communication, and organizational skills.Desired Skills and Abilities :
Understanding of reinsurance terms and conditions is preferred but not required.Ability to work with large datasets, complex instructions, multiple exceptions, and layered categorizations.Education
UG : B.Tech / B.E. in Any SpecializationPG : Any PostgraduateSkills Required
Vba, statistical concepts , Sql