Climate Risk Specialist

12 hours ago


Bengaluru, Karnataka, India beBeeActuary Full time ₹ 18,00,000 - ₹ 21,60,000
Parametric Insurance Actuary

We seek a skilled Actuary to develop innovative parametric insurance models using satellite data and climate analytics.

Key Responsibilities:

  • Analyze complex data sets to identify trends and predict climate-related events.
  • Design and implement parametric insurance products based on satellite and climate data.
  • Use mathematical techniques to assess probabilities and financial impacts of climate risks.
  • Collaborate with data scientists and geospatial experts to integrate satellite imagery into actuarial models.
  • Develop pricing models for parametric insurance products based on trigger events and payout structures.
  • Evaluate and minimize basis risk in parametric insurance solutions.

Required Skills and Qualifications:

  • Bachelor's degree in Actuarial Science, Mathematics, or related field.
  • Associate or Fellow designation from a recognized actuarial society.
  • 5+ years of experience in actuarial work, preferably in property and casualty insurance.
  • Strong analytical and problem-solving skills.
  • Proficiency in statistical analysis software (e.g., R, Python, SAS).

This role offers an opportunity to be at the forefront of innovative insurance solutions addressing climate change and extreme weather events.



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