Catastrophe Modelling

1 month ago


Gurugram, India EliteRecruitments Full time

Hiring Catastrophe Modellers with one of our clients in Gurgaon/Bangalore Location


About the job :


Key Responsibilities

  • Review and interpret exposure data and assess fitness for use for reinsurance catastrophe modeling, CAT modeling, and accumulation, using vendor models and internally developed models and tools for catastrophe perils.
  • Maintained reinsurance catastrophe modeling systems and managed analysis workflow.
  • Support treaty reinsurance pricing and accumulation control process, peer review of treaty modeling results.
  • Communicate relevant information such as treaty loss results, exposure and loss
  • analytics, and key drivers of risks to underwriters and senior managers.


Required skills

  • Expertise in the areas of catastrophe modeling, data quality, and pricing for Commercial Property business.
  • Knowledge of the application of various types of treaty programs and reinsurance business mechanisms and workflow.
  • Advanced aptitude with RMS’s RiskLink platform and allied vendor models. Exposure to accumulation management and regulatory reporting procedures like portfolio roll-up, quarterly cat reporting, RDS, LCM, Outwards Reinsurance, etc.
  • Good understanding of model inputs and ability to provide rationale behind changes in exposure/modeled losses.
  • Competency in MS Excel, MS Access, and MS SQL Server


Qualifications


  • Graduate/Post-Graduate in any Quantitative Discipline, preferably, but not limited to, Mathematics/Statistics/Economics, Engineering, etc.
  • Experience 3 to 10 years


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