Analyst II
1 month ago
The Purpose of the role
As a key member of the Catastrophe Modeling Team, he/she will be responsible for providing analytical and modeling support services. The indiviudal will have to perform risk assessment at a portfolio level using modeling tools available within Chubb. The role would also entail reviewing information for accuracy and preparing results in a manner that helps underwriter in taking a decision. He/she will be expected to work on different risk modeling applications available in the industry. The individual will be expected to interpret and communicate results with underwriters in an effective manner.
Responsibilities
- Perform all the responsibilities of the Associate at a higher level (increasing level of complexity)
- Work on multiple input data formats and transfer data into a model consumable format
- Handle client requests and perform work with little to no assistance
- Understand special requests from underwriters pertaining to application of treaties, facultative reinsurance and selecting right perils/ region options for modeling
- Set up appropriate analysis in the relevant risk modeling application
- Provide results in the expected format for underwriters
- Review results for accuracy and save information in appropriate folder
- Contact client for clarifications or other queries via e-mail or telephone
- Gain knowledge and expertise on multiple lines of business (property, marine, middle market etc.)
- Seek assistance from Senior Analysts as needed
- Possess working knowledge of SQL, MS Access and should have the ability to work with databases
- Participates in portfolio modelling as needed
- Participates in ad-hoc project as and when required
Required knowledge, Skills and qualifications
- 4-6 years’ experience in CAT Modeling (OR) Insurance/ Risk Management
- Graduate / Post Graduate in Actuarial science/ Statistics/ Mathematics / Economics/Engineering
- Expertise in CAT Modeling using AIR Touchstone and RMS Risk Link models
- Understanding of Portfolio Modeling/Roll-up will be an advantage.
- Strong analytical skills and attention to detail
- Knowledge of P&C Insurance terminologies
- Able to work flexible schedule to accommodate business requirements and work requests from different time zones
- Proficiency in English language (verbal, written, comprehension)
- Proficiency in MS Excel required
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