Data Analyst Catalyst for Catastrophe Risk Management

4 days ago


Mumbai, Maharashtra, India Marsh McLennan Full time

About Marsh McLennan

We are a leading global risk advisory and reinsurance specialist and broker. Our company, Marsh McLennan, is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman.

Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Guy Carpenter, a business of Marsh McLennan (NYSE: MMC), is committed to embracing a diverse, inclusive and flexible work environment.

We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.

We help you be your best through professional development opportunities, interesting work and supportive leaders.

Catastrophe Risk Management Role

As a Data Analyst Catalyst for Catastrophe Risk Management, you will play a critical role in helping our clients better understand their exposure to catastrophe risk relating to political violence.

You will analyze client exposure data, apply it against in-house and/or vendor models, and produce loss estimates that enable brokers to construct effective reinsurance programs for clients.

This dynamic role requires the analyst to be an innovative developer who can understand and manipulate data quickly and creatively.

  • The role involves analyzing client exposure data and applying it against in-house and/or vendor models to produce loss estimates.
  • You will use state-of-the-art techniques in data analytics to create new output dashboards and improve the efficiency of the process.
  • Proactive interaction with stakeholders on modelling requirements and ad hoc requests is essential.
  • Maintain a regular positive feedback from stakeholders.
  • Work as a team, support the development of junior analysts and provide quality assurance reviews of others.
  • Run the exposure in in-house and/or vendor models and reporting the results at various geographical resolutions as well as for the relevant lines of business within the client's portfolio.

Your expertise will enable you to interpret the change in loss results due to modelling parameters and client exposure change.

You will also analyze how the distribution of results and relevant risk measures change due to the application of various proposed reinsurance alternatives and/or changes in model/data assumptions.

Requirements

To be successful in this role, you will need:

  • Degree in Mathematics/Statistics/Computer-Science/Engineering (any stream) or related fields
  • 4+ years of experience in Catastrophe Modeling in providing CAT analytics at account or portfolio level
  • Basics of Insurance/Reinsurance/Catastrophe Modeling
  • Knowledge on basics of Insurance/Reinsurance and Catastrophe Modeling
  • Proficiency in at least one of the CAT Modeling softwares RMS/ AIR/ RQE
  • Excellent analytical and problem-solving skills
  • Attention to details and ability to question analytical output, challenge and identify potential sources of errors
  • Ability to respond to changing priorities and manage time efficiently
  • Proficient in Excel, Access and SQL
What Makes You Stand Out

We value candidates who have:

  • Advanced degree in any of the above fields. Any relevant context to political violence.
  • Use of insurance models for modelling terrorism
  • Industry Certifications
  • Alteryx, Power BI, VBA and/or advanced programming skills
About Hybrid Work

We are committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office.

All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week.


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