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Senior Associate
6 months ago
Senior Associate – Reinsurance Pricing
Gurgaon, Haryana, India
We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative answers, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.
Quantify cat risk embedded in reinsurance submissions for the Reinsurance operations. Support broader risk management initiatives in collaboration with corporate areas.
DISCOVER your opportunity What will your essential responsibilities include?
·Gather and interpret information from clients, brokers, and underwriters.
·Model catastrophe reinsurance structures and strategies using RMS, AIR, and other vendors to support actuarial/underwriting functions primarily serving workers comp and agribusiness business lines.
·Work with our customers to understand exposures, review modeling results, explain modeling limitations, and resolve issues promptly.
·Assess data quality and make necessary assumptions for modeling.Create reports for client exposure and model losses.
·Support projects that improve our function such as model validation, exposure aggregation, tool development, and data mining.
·Assist in preparing the quarterly aggregation reports, building out in-force portfolios, and providing the corresponding loss distributions by peril/region.
·Develop processes & scripts to facilitate data transfers and optimize risk calculations.
·Perform other job-related duties as assigned.
You will report to Senior Specialist.
SHARE your talent We’re looking for someone who has these abilities and skills:
Required Skills and Abilities:
·2-5 years of experience in a cat modeling role. Experience with RMS products, especially RiskLink, is necessary.AIR product experience would be highly advantageous.
·Understanding reinsurance terms and conditions would be highly advantageous.
·Undergraduate-level knowledge of statistical and mathematical concepts is required.
Desired Skills and Abilities:
·Robust computer skills in using Microsoft Office (Excel, Access), SQL, and VBA.
·Excellent analytical, interpersonal, communication, and organizational skills
FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals, and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines, and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Inclusion & Diversity