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Consultant - CAT Modelling

3 months ago


gurugram, India Genpact Full time

With a startup spirit and 115,000 + curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people.
 Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower. 
 
Welcome to the relentless pursuit of better.
Inviting applications for the role of Assistant Manager/ 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
• Understanding of treaties & fac submissions
• Update/Model accounts in Risk Link/AIR 
• Apply terms & conditions, treaty information etc. 
• Apply proportional and non-proportional treaties
• Import and validate portfolio exposure summary and analyze results in Risk Link/AIR
• EDM reconciliation to identify the reason of variations in the exposure results as compared to previous portfolio
• Create/ modify/ run SQL scripts to perform day to day process steps
• Generate insights that enables better risk management based on knowledge of client data
Qualifications
Minimum Qualifications
• Graduate in quantitative sciences
• Relevant experience Reinsurance modelling 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