Genpact - Assistant Vice President - CAT Modeling

2 weeks ago

Gurugram, India GENPACT India Private Limited Full time

Inviting applications for the role of Assistant Vice President - CAT Modelling

As the Assistant Vice President of Catastrophe Modeling, you will be responsible for leading the pricing support for Insurance and Reinsurance deals using catastrophe risk models to support strategic decision-making and risk management initiatives. This role requires a strong background in catastrophe modeling, excellent leadership skills, and the ability to collaborate with cross-functional and Catastrophe Modeling Leadership:

- Lead and manage the operational aspects of the catastrophe modelling team, ensuring smooth and efficient day-to-day operations

- Provide guidance and expertise to the team performing quote, bound, portfolio reporting and analytics, aggregation functions, etc. by performing activities like data cleansing, slip coding, model imports, model runs, exposure and loss summary reports

- Develop and implement operational policies, procedures, and workflows to optimize team performance.

Risk Assessment and Analysis:

- Conduct in-depth analysis of catastrophe risk exposure and provide insights to inform business decisions.

- Collaborate with underwriting, finance, and other departments to integrate catastrophe risk considerations into overall risk management strategies.

Quality Assurance:

- Implement and maintain quality assurance measures to ensure the accuracy and reliability of catastrophe modelling outputs.

- Establish and monitor key performance indicators (KPIs) to measure the team's performance.

Process Optimization:

- Continuously evaluate and improve operational processes to enhance efficiency and effectiveness.

- Work collaboratively with cross-functional teams to streamline workflows and reduce turnaround times.

Stakeholder Communication:

- Effectively communicate complex modeling concepts and results to stakeholders.

- Collaborate with senior leadership to provide strategic insights based on catastrophe modeling outcomes.

(ref:iimjobs.com)

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