Catastrophe Modelling

4 weeks ago


Gurgaon, 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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