Associate Trainee

2 days ago

Thane, India WTW Full time

**Description**:
**Designation: Trainee**

**Education**:Graduation (Preferable Maths/Statistics / Commerce)**

**Location Mumbai**

**Key Responsibilities**
- Process risks to ensure that all operational procedures have been complied with, geocoding levels are as per agreed standards, policy limits & deductibles have been correctly applied in Open Exposure
- Work closely with the team undertaking Underwriting activities
- Gain in-depth understanding of the structure of London-Market policies
- To ensure exposure information is captured in a precise and accurate manner and within the timeline specified. Understand and put to practice the basic rules of exposure management.
- Recognize and comprehend ground level data and associated policy coverages in excel and in allied software to carry out meaningful reporting. Perform data review, cleansing/scrubbing, geocoding, augmenting, validating, preparing exposure data for catastrophe risk analysis. Creating summary reports of client provided exposure.
- Data Capture, reporting on a weekly / monthly duration, analysis of data for different lines of business including Offshore Energy account, Offshore Construction policies, property, terrorism, marine, construction, cargo, hull etc.
- Use of third-party software for the capturing exposure information like insured values, financial limits & retention / deductibles for different lines of business.
- Respond to brokers, clients, and reinsurers on issues and questions relating to data for risk analysis for natural and manmade catastrophes.

**Desired Profile**

Proven ability to work to high levels of accuracy & precision

Flexible and adaptable approach to changing demands

Good analytical skills to understand / interpret the information from data.

Insurance knowledge

**Key Competencies**

The key skills required are:
Graduate (Preferable Math, Stats or Commerce)

Experience and good working knowledge of Microsoft Excel, particularly:
- Creation of basic formulas
- Look-up tables
- Pivot tables
- Insurance certification / Insurance projects in dissertation is preferable

**Qualifications**:
**Graduation (Preferable Maths/Statistics / Commerce)

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