Skill Summary

*. Specialized in Catastrophic Modeling

Identifying and addressing property insurance exposure data quality issues.

Insurable value estimates

Submission make-over

CAT model submission preparation

Hazard Lookups

AALs by layer and location

Identify CAT pricing drivers

Regulatory reporting

Portfolio Management

Layer policies for optimal pricing

Model Validation analysis

2. Specialized in Property & Casualty (P&C) Insurance, Claims Management and Reinsurance

3. Understanding on MRS, MRC, signed and written line calculation

4. Understanding on complex insurance contracts, terms & conditions

5. Calculation of various types of Deductibles, Limits, Sub-limits, Co-insurance and Re-insurance

6. Specialized in Accord forms and data models for P&C Insurance and Reinsurance

Experience Summary

(9 years experience in Insurance as a Business Analyst)

(Currently holds H1B Visa which is valid till Nov 2014 and 1 year Singapore Business Visa)

9 years of Industry experience includes Insuranceservices, Client Relationship Management, Re-Insurance, Commercial Insurance, Personal insurance and Testing.

Specialized in insurance domain with extensive experience in Property and Casualty Insurance: Commercial Package policies, Auto Insurance and Small Business Policies, etc. Worked on various personal & commercial lines

Comprehensive experience in catastrophe risk modeling covering from consulting to IT solutions

Comprehensive knowledge of Software Development Life Cycle (SDLC), having thorough understanding of various phases like Requirements, Analysis/Design, Development and Testing.

Hands on experience creating Business Requirement document, Functional specification document, Use Cases, Technical Documents, Requirement Specification Document, Functional Documents

Handled Insurance domain training sessions, knowledge transfer and supporting documentation.

Experience in conducting ongoing Training Needs Identification (TNI) for the BU and providing hands-on training

Exposure to US, UK, Europe, ASIA, Far East (Japan) and Indian market for P&C Insurance

Primary Technical skills

Languages

Tools MS-Office, Catastrophe modeling tools (RMS, AIR& EQECAT)

OS Windows

Others

App Servers

Design

Databases

Experience

MindTree Ltd (July 2010 onwards) Consultant

Core Area:

1. Preparing Business Requirements Specification and detailed process-flow diagrams

2. Requirement gathering; Preparing Requirement Matrix, Requirement Traceability Matrix and Clarification document

3. Designing Use cases, clearly understanding Requirements and documenting them.

4. Understanding the customer business and their expectation form MindTree

5. Involved in quality checks and testing (UAT)

Projects

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Industry: P&C Insurance(Catastrophe Modeling) Service Area: Property, Workers Compensation, Health & Accident

System: Cat modeling tools (RMS, AIR, EQECAT), MSB, PBBI - Spectrum, PEGA, Google Maps, Reservation system, Reinsurance system, etc)

Role: Business Analyst

Client consulting:Went to Japan and Singapore for requirement gathering and consulting

Project: To assess current data quality and business processes for lines of business (LOBs) composing the majority of client’s risk exposure, which can ultimately be adopted across the enterprise. Conceptualizing a solution to enable Enterprise Risk Management to accurately assess and manage location-based exposure across the enterprise and also client’s employees and groups involved in making underwriting and/or risk-management decisions at any level will be able to do so in the context of the impact of any such decision on the location-based enterprise exposure and any constraints/controls thereof.

The solution be for:

(a)Capture accurate location data via data entry or batch processing

(b) Include functionality that will validate, standardize and enhance the location data

(c) Include a detailed interface into the below listed Customer third party technology (“CAT Modeling Tools”) to analyze each insurance submission for catastrophe exposure under various assumptions:

o EQECAT, Inc.’s WORLDCATenterprise™ software

o Risk Management Solution Inc.’s Risk Tools for RiskLink and RiskBrowser software

o AIR Worldwide Corporations’s CLASIC/2™ and CATRADER® software

(d) Store the processed locations, related data, and CAT modeling results in a central database to allow Customer underwriters and risk managers to manage location-based risks on an account and portfolio basis

(e) Include location processing function that will make location based exposure data available via web services

(f) Include a location based exposure data repository using IIW, which is an insurance industry architecture based enterprise-wide data warehousing solution engineered to consolidate data from disparate systems

(g) Generate the dashboard and analysis reports on exposure, net and gross aggregation, for use by both underwriters and risk managers using the Cognos

Responsibilities:

o To-Be State Definition – Functional analysis

o Gap analysis of the ACCORD exposure data reporting templates

o Conceptualizing of the functional data model

o Data mapping and defining

o Defining of workflow

o Defining of data quality standers and analysis

o Designing Ad-hoc portfolio creation data model and portfolio optimization solution

o Designing of various reports (Operational, analytical, transactional)

o Reconciliation system

o Ad-hoc reporting system (Analytical reporting system for actuarial team)

o Real time claims analysis (tracking of insured properties in the catastrophe impacted area and estimation of probable expected loss)

o Catastrophe loss modeling tool systems integration

o Geo-coding tool systems integration

o ITV valuation tool integration

o Underwriting, pricing and actuarial tool integration

Industry: P&C Insurance Service Area: FNOL & claims management application documentation

System: Claims Intake and claim management system

Role: Business Analyst

Project: Detailed functional and technical documentation of the Claims Intake & claims management application.

Responsibilities:

o Detailed functional documentation along with the technical team for the client to help business and technology users of to facilitate designing and re-write of the application

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Industry: P&C Insurance Service Area: Web capability

System: Web content management

Role: Business Analyst

Project: Develop a solution with ability to create, manage and publish web content. Develop easy to use content templates for managing content and capability for on-going content needs to be independently managed by marketing team.

Responsibilities:

o Requirement gathering; Preparing Requirement Matrix, Requirement Traceability Matrix and Clarification document

o Preparing Use cases, understanding Non Functional Requirements and documenting them.

o Review of technical design to ensure functional scope was being met

o Conceptualization of solution through prototyping

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Industry: P&C Insurance Service Area: Pre-sales

Role: Consultant

Project: Did a consulting project in catastrophe modeling field. It was designing a web based user system to manage data scrubbing, modeling of risk, workflow management, dashboard and reports. It was integrating excel on a web based tool with integration of rule making system for users to write their own rules for data scrubbing and modeling of risks.

Responsibilities:

o Understand the BRD and create detailed process-flow diagram

o Understanding the customer business and their expectation form MindTree

o Contribute to solution design for stated needs in a RFP

o Preparing of wireframes, etc

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AIR Worldwide Corporation, Hyderabad (Jan 2009 – June 2010)

Industry: P&C Insurance Service Area: Catastrophe Modeling

System: Clasic/2

Role: Sr. Data Analyst

Project: Data services group

Core Area:

1. Analyze results - Understand exposures in the Client Portfolio, calculation of Pure-premium & identification of loss causing locations, analyze the Return Period Losses, generate EP Curves for desired Financial Perspectives and prepare Results Summary with recommendations for the client’s portfolio

2. Provide real-time loss estimates of actual catastrophic events

Other Responsibilities:

1. Provide support and mentoring to associates

2. Interact with overseas team

3. Develop & implement an effective system for project updates

4. Prepare presentations and other training documents

5. Develop and perform various Quality assurance checks

6. Manage large data sets (above 50,000 locations) and complex portfolios

Achievements:

• Established data preparation methodology and auditing at AIR

• Design and implementation of the process flow for Binder contracts

RMS, Noida (March 2007 – Dec 2009)

Industry: P&C Insurance Service Area: Catastrophe Modeling

System: Risk Link

Role: Trainer

Project: Data solutions

Core Area:

Develop and manage training aids and materials, curriculum and on-going training needs evaluation for the Business Unit (70 associates). Design, implement and track performance of process along with hands-on training and conduct ongoing Training Needs Identification (TNI) for the BU. Monitor and maintain on-going personnel development in knowledge of current practices, performance management, process improvement, program design, program management and training delivery.

Other Responsibilities:

1. Ensure timely download of updates to all associates in production

2. Prepare/ conduct quarterly knowledge assessment

3. Identify the knowledge grooming areas and conduct sessions for the same

4. Coordinate and handle internal and external client needs

5. Resolve queries of production team

6. Identify the project automation needs and ensure the same

Achievements:

• Special appreciation from the client on developing and documenting the methodology of

interpreting & coding of occupancy

• Consolidated the client exceptions for data preparation and developed a macro to view these

exceptions

• Achieved 95% success conversion rate of new hires graduating onto the shop floor

• Documented the street formats and postal formats for Japan, China, Mexico, etc. which resulted in

better data quality and geo-coding resolution

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IBM Daksh Business Processing Pvt. Ltd (Feb 2005 – Feb 2007)

Industry: Health Insurance Service Area: Claims

System:

Role: Executive Operations

Project: Worked for two projects -:

• Mental Health Insurance

• HMO

Core Area:

• Retrieve claim datavia document retrieval systems

• Understand and interpretexplanations of benefits data from variety of carriers in a variety of formats

• Accurately interpret and document, in an Access database, primary carrier name, plan type and allowed amounts from EOB's

• Identify, document and articulate to internal customers(Claims Analysts) trends and recurring issues related to competitor reimbursement and repriced claim data

• Retrieve and interpret claim reportsto assist with efficient and accurate documentation of claims for delivery to internal and external customers

• Applying various methods for calculation of claim amount based on various risk factors

• Other dutiesas deemed appropriate to provide a quality, timely product for delivery to our customer

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Ornate Agencies Pvt. Ltd. (Jan 2004 – Dec 2047)

Industry: Industrial Engines Service Area: Service, warranty, spare parts store keeping & insurance Claims

System: Accounting & store management

Role: Service & Claims Incharge

Core Area:

• Handling Insurance, service & warranty matters

• Leading a team of 15 service engineers.

• Budgeting, estimation of resource requirements & scheduling in order to prepare service division’s plans & needs.

• Responsible for developing service market

Ashwani Kumar Chopra & Associates (Jan 2002 – Dec 2003)

Industry: P&C Insurance Service Area: Surveyor

System:

Role: Sr. Investigator

Core Area:

• Investigation and analyses (Worked on): -

a. Motor Claims

b. Liability Claims

c. Fire Claims

d. Engineering Claims

e. Industrial Claims

f. Loss of Profit Claims

g. Transit Claims

h. House Holder & Shopkeeper’s loss claims etc.

• Conducting trainings for channel partners of Insurance Companies & for its Employees.

• Conducting training for new Underwriting & Claim analysts joining Insurance Companies.

Achievements:

• Developed software on loss estimation & calculation of claim amount based on various risk factors & Motor Insurance Policy for motor claims

Education

Year of passing Degree Major

2010

2005 MBA (Finance)

Bachelor of Commerce Finance

Finance

2011

2010

2003 Certificate in Actuarial Underwriting & Risk Management, (P&C), Pursuing

PG Diploma in Insurance Management (P&C Insurance)

Licentiate in General Insurance (LIII) – 2003 (Insurance Institute of India)

Actuarial Underwriting

Insurance

Insurance

Key Contact Details:

Home Phone : (0161)(2309059)

Mobile : (91)921-***-****)

Email ID: ojdkty@r.postjobfree.com

Other Details

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Date of Birth : 23/09/1980

Marital Status : Married

Nationality : Indian

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