Catastrophe Modelling Specialist
3 weeks ago
EliteRecruitments is seeking a highly skilled Catastrophe Modelling Specialist to join our team in Gurgaon. The ideal candidate will have 4-12 years of experience in catastrophe modelling, data quality, and pricing within the Commercial Property sector.
Key Responsibilities:
- Deep understanding of catastrophe modelling processes and workflows.
- Operate vendor catastrophe modelling 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 modelling, 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.
- Provide analytical support and share knowledge within the catastrophe modelling team.
- Use technical expertise to resolve modeling and risk issues to meet business requirements.
Required Skills and Qualifications:
- Strong knowledge of Insurance and Catastrophe Modelling.
- Proficiency with RMS RiskLink and AIR Touchstone.
- Solid working knowledge of MS Office (Word, Excel, Access) and SQL.
- Excellent communication skills.
- Effective team management abilities.
Salary and Benefits: We offer a competitive salary of ₹15,00,000 per annum, commensurate with experience, plus benefits package including health insurance, retirement plan, and paid time off. Estimated annual cost of living in Gurgaon is approximately ₹8,50,000. Please note that these figures are approximate and may vary based on individual circumstances.
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