Catastrophe Modelling

1 month 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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