Senior Associate, Reinsurance Pricing

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.

• Gather and interpret information from clients, brokers, and underwriters.
• Model catastrophe reinsurance structures and strategies using RMS and other vendors to support actuarial/underwriting functions.
• 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 and scripts to facilitate data transfers and optimize risk calculations.
• Perform other job-related duties as assigned.

You will report to Lead (AVP) - Reinsurance Catastrophe Modeling.

• Relevant years of experience in a cat modeling role. Experience with RMS products, especially RiskLink Risk Modeler, 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.

• Robust computer skills in using Microsoft Office (Excel, Access), SQL, Python and VBA.
• Excellent analytical, interpersonal, communication, and organizational skills.