Climate Change Specialist

2 days ago

Ahmedabad, Gujarat, India beBeeActuary Full time ₹ 1,20,00,000 - ₹ 1,50,00,000

Role Overview

We are seeking a highly skilled actuary to join our innovative insurance solutions team. This role offers an exciting opportunity to combine actuarial expertise with cutting-edge geospatial technology to address the challenges of climate change and extreme weather events.

Job Summary:

  • Develop cutting-edge parametric insurance models using satellite imagery and climate data to assess and mitigate climate-related risks.
  • Collaborate with data scientists and geospatial experts to integrate satellite imagery into actuarial models.
  • Design and implement parametric insurance products based on satellite and climate data.
  • Use mathematical and statistical techniques to assess probabilities and financial impacts of climate risks.

Responsibilities:

  1. Analyze complex data sets to identify trends and develop predictive models for climate-related events.
  2. Develop pricing models for parametric insurance products based on trigger events and payout structures.
  3. Work closely with underwriters and claims teams to ensure the successful implementation of parametric insurance products.
  4. Stay updated on advancements in satellite technology, climate science, and their applications in the insurance industry.

Requirements:

  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.
  • Associate or Fellow designation from a recognized actuarial society (e.g., SOA, CAS).
  • 5+ years of experience in actuarial work, preferably in property and casualty insurance.
  • Strong analytical and problem-solving skills.
  • Proficiency in statistical analysis and modeling software (e.g., R, Python, SAS).
  • Experience working with geospatial data and GIS software.
  • Excellent communication skills, including the ability to convey complex information to non-technical audiences.

Preferred Qualifications:

  • Advanced degree in Climate Science, Remote Sensing, or a related field.
  • Experience with machine learning and artificial intelligence applications in insurance.
  • Familiarity with satellite data sources and processing techniques.

Key Competencies:

  • High level of numeracy and strong mathematical skills.
  • Analytical thinking and creative problem-solving abilities.
  • Excellent IT skills, particularly in statistical software and databases.
  • Strong business acumen and a genuine interest in the insurance industry.

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