Vulnerability Modeler
2 weeks ago
**Job Description**:
**Reinsurance Solutions Job Description**
**Job Information**
**Job Title**
IND Sr. Consultant (Vulnerability)
**Revenue Line**
Aon Reinsurance Solutions
**ARL Level **(1 **- **9)
6 - 7
**Scope**
**Position Overview/Summary**
AON| Impact Forecasting (IF), is looking for a vulnerability modeler, senior scientist. This is a full-time position located in Bangalore (India), to build stochastic and scenario models for the US and its territories, and to quantify and manage catastrophe risk in insurance and reinsurance industry.
**Detailed Job**
**Responsibilities**
- Develop vulnerability functions for different regions based on building inventory data.
- Development and calibration of bespoke vulnerability functions.
- Develop component-based vulnerability for inland flooding and storm surge (using computer simulation and/or claims).
- Use IF proprietary loss modeling platform ELEMENTS in estimating loss.
- The individual will actively collaborate with R&D team and software development teams in all aspects of the model development and implementing the methodologies developed by the R&D group at IF.
- Provide critical analysis of modeling results for internal validation of models and explaining results to clients when needed.
**Role-specific Technical Skills and Knowledge (including any educational or degree requirements, years of prior work experience, etc.)**
- This position requires a master’s degree and preferably a PhD in Structural/Civil Engineering.
- Strong analytical and quantitative skills.
- Solid knowledge of probability concepts and statistics
- Excellent understanding and at least 2 years’ direct experience in vulnerability related to any peril.
- Proficiency in data analysis and excellent programming skills in MATLAB, Python, or R.
- Some knowledge of insurance/reinsurance concepts is a plus
- Excellent skills in oral and written communication
- Capability to work in a team effectively and respect teamwork environment
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