Reinsurance Risk Modelling Expert
1 week ago
At Genpact, we're a global leader in digital transformation and data-driven insights. With 115,000+ curious and courageous minds, we empower businesses to achieve their full potential by harnessing the power of technology and innovation.
We're seeking an experienced Reinsurance Risk Modelling Expert who will join our team and help us create a better world for our clients and communities. In this role, you'll be responsible for providing pricing support to our Underwriting teams within Reinsurance, ensuring that client data is accurately modelled and analyzed using RMS\(AIR software to generate insightful results for better risk assessment.
The successful candidate will have a strong understanding of reinsurance terms, treaty structures, and how they work in the insurance industry. They will also possess proficiency in MS Excel, SQL, and VBA, with experience working with large datasets and delivering time-bound tasks under pressure.
The ideal candidate will be a great teammate, highly motivated, and possess excellent problem-solving skills. Experience with RMS\(AIR interface and back tables, as well as reinsurance theory and the Lloyds market, would be an added advantage. If you're passionate about data analysis, risk management, and customer-centricity, we'd love to hear from you
Key Responsibilities:
- Provide pricing support to Underwriting teams within Reinsurance
- Model exposures and analyze result data using RMS\(AIR software
- Assess data quality and make necessary assumptions for modelling
- Process detailed and aggregate level data in RMS and AIR cat models
- Import cat model data from vendor models into DFA platform
- Understand impact of applying view of risk
- Model financial terms in DFA platform to provide modelled price for UWs
- Review modelling results and generate insights for better risk management
- Communicate results and issues with onshore modelling and UW teams
- Provide support during portfolio rollup
- Support project work such as sensitivity testing and ad-hoc requests
Salary:**$80,000 - $120,000 per year (estimated)
Requirements:
- Graduate degree
- Strong understanding of reinsurance terms, treaty structures, and insurance industry
- Proficiency in MS Excel, SQL, and VBA
- Experience working with large datasets
- Ability to deliver time-bound tasks under pressure
- Great teamwork and communication skills
Preferred Qualifications:
- Experience with RMS\(AIR interface and back tables
- Understanding of reinsurance theory and Lloyds market
- Excellent analytical ability and problem-solving skills
- High speed of execution
- Excellent interpersonal skills
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