PD - CAT MODELING

3 weeks ago

Gurugram, India Genpact Full time

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose – the relentless pursuit of a world that works better for people – we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.
Inviting applications for the role of Process Developer/Business Analyst/Consultant/ Senior Consultant - CAT Modelling
In this role, you will be using client data to model exposures using AIR software. Key output of this process is a summary of exposures and technical price to underwriters. This process involves two major steps, which are Scrubbing of Exposure data and apply terms & conditions and Modeling of data & publishing results.
Responsibilities
• Submission review - Checking for completeness of data submitted by underwriters and following-up with underwriters (as required) for e.g. SOV, Slip etc.
• Data scrubbing - Converting client provided data (excel format) to AIR/ client proprietary tool format
• Coding of COPE information
• Importing and validating exposure data in AIR/RMS
• Geo-coding all locations and analyze exposure
• Understanding of Insurance layer structure
• Ability to read & interpret slip/ binders to identify terms & conditions
• Generate insights that enables better risk management based on knowledge of client data

Qualifications we seek in you
Minimum Qualifications
• Graduate in quantitative sciences
• Relevant experience in Exposure Management/ Property modeling will be preferable
• Knowledge of P&C Insurance
• Proficiency in MS Excel
• SQL knowledge is an added advantage
• Ability to deliver time bound tasks
• Ability to handle the work pressure
• Work as a great teammate & highly motivated with problem solving skills

Preferred Qualifications
• Working knowledge of RMS/AIR - Touchstone
• Excellent analytical ability
• High speed of execution
• Excellent Interpersonal skills

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