Catastrophe Modeling Specialist

4 days ago


GurgaonGurugramBangalore, India Elite recruitments Full time

About the Job

Hiring a Catastrophe Modeler with our client in the Portfolio/Reinsurance Treaty domain requires a strong understanding of catastrophe modeling processes and workflows. The ideal candidate will operate vendor catastrophe modeling platforms (primarily RMS, AIR, Elements) for insureds and conduct portfolio risk analyses.

Key Responsibilities

  • Deep understanding of catastrophe modeling processes and workflows.
  • Operate vendor catastrophe modeling platforms (primarily RMS, AIR, Elements) for insureds and conduct portfolio risk analyses.
  • Proficient in RMS model scope across global peril-regions, including sub-perils and amplification, with a fundamental grasp of the four-box principle (exposure, hazard, vulnerability modules) and translation of insurance and reinsurance financial terms through RMS coding and SQL.
  • Expertise in catastrophe modeling, data quality, and pricing within the Commercial Property sector.
  • Knowledgeable in various treaty programs and reinsurance business mechanisms and workflows.
  • Advanced skills with RMS's RiskLink platform and other vendor models.
  • Experience with accumulation management and regulatory reporting, including portfolio roll-up, quarterly catastrophe reporting, RDS, LCM, and Outwards Reinsurance.

Qualifications

  • Preferred Skills:
    • Strong knowledge of Insurance and Catastrophe Modeling.
    • Proficiency with RMS RiskLink and AIR Touchstone.
    • Solid working knowledge of MS Office (Word, Excel, Access) and SQL.
  • Additional Information:
    • Bachelor's or Master's degree in BE/B.Tech, MBA in Finance/Insurance/Operations Research, or a Master's in Mathematics/Statistics/Operations Research/Economics from a top-tier university.
    • Minimum of 3 years' experience in risk/business/data analytics related to P&C insurance, reinsurance, or insurance-linked securities.

Elite Recruitments is looking for a skilled Catastrophe Modeler to join our team in the Portfolio/Reinsurance Treaty domain. If you have a strong background in catastrophe modeling and data analysis, we encourage you to apply for this exciting opportunity.



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