Catastrophe Modelers

2 days ago

Mumbai, Maharashtra, India Apex One Full time ₹ 2,40,00,000 per year

Job Title:
Senior Analyst – Catastrophe Modeling

Location:
Mumbai

Salary:
Up to ₹24 LPA

About the Role:

We are looking for an experienced Catastrophe Modeler to lead complex insurance and reinsurance modeling projects. The role involves analyzing exposure data, running catastrophe models (RMS RiskLink, AIR Touchstone, CoreLogic RQE), and providing actionable insights to optimize reinsurance structures.

Responsibilities:


• Model input preparation - Includes data preparation as well as data scrubbing using SQL/Excel.


• Analyzing the exposures - Includes geocoding the exposures, implementing modeling assumptions accurately in the modeling process, ensuring correct model and peril settings, etc. in order to quantify insurers' catastrophe loss potential.


• Generating reports - Includes using internal tools like #iFM, #WorkFlowManager for creating exposure as well as loss summary reports, visualizing various statistics by creating maps using #SpatiaKey, #ArcGIS, etc.


• Running proprietary models - Running customized peril analysis using #WTW proprietary models.


• Model Sensitivity Analysis - Testing the change in model output with change in input parameters.


• Answering SRQ - using internal tools and modeled losses for answering Natural Catastrophe as well as Terrorism portions of SRQs.


• Validating losses - conducting loss feasibility studies to validate modeled losses.


• Model change management - stay updated with changes in models and conduct studies to estimate the impact on modeled client losses.


• Leading RFPs - Utilize the extensive modeling experience in leading RFPs where prospects usually do not share any data.


• Optimizing reinsurance - Model different reinsurance structures to identify the optimum structure in order to maximize client profitability.


• Mentoring - Mentor specific junior analysts in the team dedicatedly in order to minimize their learning curve.


• Training - Participate in training programs in order to train new recruits.


•
 Knowledge share - Conduct regular knowledge share sessions within and/or outside the team


• Leading eVENT Response - help coordinate the live eVENT response, generating reports and managing client interactions on timely basis.

Required Skills & Experience:

  • 4–8 years of experience in Catastrophe Modeling
  • Proficiency in SQL, Excel (VBA), and statistical analysis
  • Hands-on experience with RMS, AIR, or CoreLogic models
  • Strong communication, analytical, and stakeholder management skills
  • Knowledge of insurance/reinsurance structures
  • Programming skills in Python/R preferred

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